I am pretty deep in the recruiting process for both of these companies, and was wondering if anyone could shed some light on their general reputations within the industry. Any insights on exit opps, WLB, comp, culture, etc. would be greatly appreciated
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Can't comment on Landmark, but Brightspire team seemed very sharp, with good culture. I went into their final round a couple years ago until they pulled the position as the changing IR environment, didn't need more people in origination. But they called me and let me know, instead of ghosting. +1 to common curtesy.
It’s been years since I did student housing, but Landmark did not have a good reputation. They routinely, and I mean routinely, delivered their projects late and hundreds of students would show up in the fall in various campuses across the country and not have a place to live.
That said, they were definitely the biggest at the time and the most well known, so if they’ve jettisoned some idiots and turned the corner on actually delivering projects on time, it may not be a bad name to have on your resume.
Two things:
1. Relax. You’re doing a summer internship. Don’t worry about WLB / comp unless you’re planning on trying to secure a full time offer, in which case location should be the only driving factor here.
2. I am not familiar with BrightSpire but Landmark is about as blue chip as it gets. They are the single best name in student housing and would be excellent for the resume.
I am definitely aiming to secure a FT offer. NYC is a lot more attractive to me than ATL, but I am more interested in the work that Landmark does, as I am not super familiar with the debt side of things. It terms of what will set me up for a successful career which do you think would be most beneficial?
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