Career Advice: Valuations vs. Acquisitions
Hi all,
I was wondering if I could gather yall's thoughts on which opportunity I should take. For starters, my long term goal is to end up in acquisitions at an REPE shop.
I am currently entertaining two offers: 1. Valuation & Advisory at a top brokerage 2. Acquisitions at a REIT
While the choice should be pretty clear, the REIT acquisitions would be entirely triple-net acquisitions. Which is not necessarily the property type that I would like to end up on. Also, I do understand that because the underwriting process is so different for triple-net properties, that staying too long could pigeon hole into that property type.
On the flip side, I think that appraisal has its own merits. From what I have learned from speaking with REPE people, a lot of people do come from an appraisal background. And the skills learned from the job can be transferable. However, again it would be another pigeon hole situation.
So if my long term goals are for example, multi-family acquisitions, which offer would be more conducive to reaching that goal?
Thank you in advance for any and all input on the matter.