Boutique Legacy Developers

For a student who is trying to make their way into the REPE world post graduation, are these shops a good move for a summer internship? I have a close connection to a well known regional specific developer.

Any thoughts would be great

 
Most Helpful

Being a junior in real estate is about 2 things:

  1. Can you execute?
  2. Do you know people?

I would be skeptical that you will get much experience on the sort of execution work you'd be doing in REPE at a small developer.  It might be helpful for your network, but you'd be much better off at a commercial brokerage or other place where you'd get lots of reps of evaluating / valuing opportunities.

 
Cannot_Stop

For a student who is trying to make their way into the REPE world post graduation, are these shops a good move for a summer internship? I have a close connection to a well known regional specific developer.

Any thoughts would be great

Literally anything is a good move when discussing a summer internship.  No one will have expected you to underwrite a deal or be actively involved in a transaction/development project.  You're dipping your toe in the water so that when you apply for a full time gig, employers know that you won't need a month of hand holding to understand terms and concepts.

 

Culpa iure id qui et asperiores aperiam iusto. Voluptas ad vel est et et eos inventore.

Esse excepturi vel autem tempora. Commodi est magni quis neque officiis minima sequi. Reprehenderit distinctio officiis soluta cumque ut assumenda reprehenderit laboriosam. Cumque et inventore numquam enim amet soluta harum.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”