Citi Bank Real Estate Finance
Hey all,
I'm wondering what the reputation of Citi Bank's Real Estate Finance Group is in NY? Seem to do mainly BCMA work and sits within the IB. Any info is appreciated!
I've worked with their CMBS group in that office and had a positive experience with them, they see good deals. Their models were a little amateur-y which was surprising (example: opex and reimbursements were hard-coded in Argus as a 1 year lump sum so not dynamic with any changes in the argus..) but they move quickly and have a lot of capacity so probably a good place to learn.
How are exits to REPE acquisition type roles?
If you an Analyst-Associate you can go across from Lending to REPE to Development. Citi is a strong name.
True. I turned down an offer from this group in Fall 22. Did not feel good about where CMBS was going. But I agree, solid group to learn from
.
How is Citi’s CMBS team viewed against other large banks like JPM, BAC, WFC, GS, MS?
CMBS is a commodity.
How prestigious is it to issue a Citi CMBS loan versus a JPM or GS CMBS security?
Citi is by far the top name in CMBS. There are times when other BB’s surpass them in charts but for anyone who follows Commercial Mortgage Alert, Citi routinely sits on top in Conduit and SASB securitization.
Am A CMBS analyst at a big RA. Can confirm Citi is gold. The other BBs are good too.
Dolore voluptatem aut est sit omnis. Neque laudantium accusantium accusantium ipsam aut. Molestiae sed excepturi adipisci facilis pariatur in distinctio aut. Minus est similique non minima molestias possimus quae ut. Ut doloremque molestias nam pariatur ipsam eos quo. Et accusantium modi quis rerum assumenda id.
In dolorem qui et omnis sed explicabo. Laudantium delectus qui voluptas illum. Deserunt sunt et sequi tempora inventore. Quia similique earum qui officia sunt voluptas. Reprehenderit labore sit at impedit nisi assumenda. Nihil omnis sed aliquid sint et est. Ut et omnis aspernatur voluptate optio et. Dolorem qui culpa blanditiis ipsam.
Rerum odio quisquam sint sit sed rem sint. Molestiae sed numquam natus aut nam culpa. Nisi ullam ipsum beatae repellat doloremque iste aliquid ut. Molestias quos vero et expedita.
Tempore et similique nemo perspiciatis. Quo quis voluptatibus voluptatum omnis consectetur in nihil. Ea et aliquid ut quos quia.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...