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Hi StoneKcalb13, no, I never sleep and so I can respond to any lonely threads (like this one) at all hours of the night. Impressive, I know ;-)
More suggestions...
I hope those threads give you a bit more insight.
Bump. Also interested. Thx.
Bump - looking into them as well
bump
Bump
No idea about pay but they're a legit shop. It would be a great intro to PE or from most shops a good lateral move. Smart folks, no sharp elbows or jerks. Just competent right down the fairway PERE shop.
Do you know how the opportunities are to lateral into MF REPE firms? I checked their LinkedIn and they had people lateral to AEW, Blackstone, Carlyle, etc.
They're solid. I know two people that have worked there and both landed good jobs when they left. Gives you as good or better a shot as any place of similar profile to centersquare.
What would you say are the prospects of exiting into an institutional or MF REPE shop from CenterSquare?
Bump - I am interviewing there next week for an analyst role, lateral move/breaking into an acquisitions role. Expecting a modeling test.
Interviewed there in early ‘22. Modeling test wasn’t anything crazy. Basically gave you an Argus run and asked you to build a model. Comp at the time was 125-150k base and 40-60% bonus.
That was base pay for an entry level analyst role? I was told a much lower number by HR.
Bump. I noticed they’re hiring for a lot of roles. Anyone have insights into why? Or overall thoughts on the firm.
Bump as well, was wondering if it has anything to do with RXR and/or layoffs / fundraising.
I interviewed there back in October on a Superday. Didn't land the role but was very impressed with the team. I saw all of the new openings on LinkedIn this week and have no clue why they are hiring as it looks like everyone I interviewed with is still there.
A former colleague of mine a few years back told me Centersquare is very target school focused and it is nearly impossible to get an offer from a non-target. Were the other kids you interviewed with from target schools? Surely it would take an incredible candidate to break through!
I did not go to a target school. Most of the kids interviewing were non-target and the kid who got the offer was non-target. The MD running the process was a Princeton grad, another kid interviewing was from Princeton as well and I saw some Georgetown, Temple, St. Joes, Penn State kids. CenterSquare headquarters is right outside of Phily so I think most applicants come from the Philly region.
Anyone have any context/insight on what to expect from the modeling test?
Just curious, are interviews out already?
I think they started, I just had one and they told me modeling test is the last part so just wanted to prep but also she said I have to take some finance assessment exam I have no idea what that's about. Anyone took it before interviews?
I interviewed there recently and took their modeling test. 1.5 hours to build an Argus model, export to Excel, build a model from scratch that uses the Argus cashflows, and show return metrics. They'll give you a pdf prompt with all the assumptions and return metrics they want you to solve to. The property is a STNL industrial with a couple of rent and expense differences. The Excel model will involve monthly cash flows rolled up to annual cashflows and a waterfall that has a Pref and 3 tiers thereafter. You have to show S&U as well.
Hope this helps. Good luck!
Wow, thanks! This was very helpful.
Any chance you can share the case?
I don't have it. You do it on their computer in their office. I would just get really good at understanding how to export Argus CFs into Excel and then using those CFs to build a model. And then building a waterfall from scratch.
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