Career Advice - REPE Analyst vs. Debt Capital Markets Analyst

Hi everyone, 

I am finishing up my undergraduate degree and have built a well-rounded resume in CRE. The million-dollar question I have is, "Where should I start my career?"

I have offer's from multiple firms from different sectors of the industry, all with their own unique advantages and perceived downfalls. The 2 that I am most interested in are:

  1. A REPE firm where I would come on as a development analyst touching a variety of different deals. They have deployed just over $1b through 2 funds and are just now undergoing a raise for their third fund of ~$650M. Because of the opportunistic identity of the company I would gain a lot of deal experience amongst a broad range of asset classes.

  2. Commercial Mortgage Loan Analyst - The company I have been talking to is looking to take on an analyst to groom them into a production/origination role within 2 years. The office itself has 7 loan officers that did 425MM in loan value last year. (They made an offer but I would likely try to work for a larger group)

Concerns - I have built (what I feel to be) a strong resume that would put me in contention for positions at larger companies, but with offers in hand, is it worth trying to pursue something where I would benefit from a larger network?

I have a personality that I think would find success in Commercial Loan Brokering but feel I would miss a lot of the technical skill development I would acquire in a development analyst role. From what I understand, the earning potential in brokerage is often accelerated (based on performance). In a dev role, I would delay my earnings but gain meaningful experience I could leverage down the road.

What are your thoughts and perceived pros/cons of working on the "Buy-side" vs. "Sell-side"?

WSO Elite Modeling Package

  • 6 courses to mastery: Excel, Financial Statement, LBO, M&A, Valuation and DCF
  • Elite instructors from top BB investment banks and private equity megafunds
  • Includes Company DB + Video Library Access (1 year)

Comments (3)

Feb 24, 2022 - 5:35pm
WSO Monkey Bot, what's your opinion? Comment below:
  • Analyst 1 in RE - Comm
Mar 2, 2022 - 4:46pm

Officiis nisi qui eum sunt omnis possimus. Mollitia aspernatur eos doloremque ipsam qui voluptatem repellat. Quisquam itaque ut molestias quasi ipsa.

Start Discussion

Popular Content See all

Developing on the side
+98REby Intern in AM - Equities
Construction cost / deal penciling / YoC
+48REby Developer in RE - Comm
REPE Chicago
+34REby lemickey
Interest Rate Caps
+25REby Associate 2 in RE - Res
Agency Floaters & Cap Costs
+23REby Analyst 2 in RE - Comm
Not ready for promotion?
+21REby Analyst 2 in RE - Comm
Active Adult (55+) Apartments
+18REby The Duke of Wall Street
GP Co-investment Funds
+17REby PropertyMonkey202
Bedrock Detroit
+15REby crewbf

Career Advancement Opportunities

June 2022 Investment Banking

  • Jefferies & Company (▲03) 99.6%
  • Lincoln International (= =) 99.2%
  • RBC Capital Markets (▲07) 98.8%
  • Bank of America Merrill Lynch (▲01) 98.4%
  • Houlihan Lokey (▲06) 98.0%

Overall Employee Satisfaction

June 2022 Investment Banking

  • Jefferies & Company (▲12) 99.6%
  • Lincoln International (▲05) 99.2%
  • Greenhill (▲07) 98.8%
  • Evercore (= =) 98.3%
  • Rothschild (= =) 97.9%

Professional Growth Opportunities

June 2022 Investment Banking

  • Jefferies & Company (▲04) 99.6%
  • Lincoln International (▲04) 99.2%
  • RBC Capital Markets (▲09) 98.8%
  • Houlihan Lokey (▲07) 98.4%
  • Bank of America Merrill Lynch (▲04) 98.0%

Total Avg Compensation

June 2022 Investment Banking

  • Director/MD (9) $661
  • Vice President (37) $394
  • Associates (189) $246
  • 2nd Year Analyst (115) $162
  • 3rd+ Year Analyst (17) $156
  • 1st Year Analyst (369) $150
  • Intern/Summer Associate (77) $148
  • Intern/Summer Analyst (289) $91