Trending Content - Real Estate Forum
Career Resources
WSO Free Modeling Series - Now Open Through
June 30, 2026
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
High Finance Applications
Guaranteed
Get at least one offer GUARANTEED
- 1:1 support
- 92% success rate
- 2,000+ mentor network
- Unlimited Live bootcamps
- AI for resume + LinkedIn
- Networking automation tools
- HireVue simulation tool
- Full course library
- Private Slack community
- 20hrs of mocks
- + much more...
Monkeydawg, bummer your thread hasn't had a response yet. Sometimes bots are smarter than humans anyways:
More suggestions...
Fingers crossed that one of those helps you.
Try going to some of their websites and looking at presale reports for recent cmbs deals and their published methodologies and see if that looks interesting. you are basically reviewing tons of data/weighted averages on a pool of loans (conduit), stressing cash flows and cap rates for the properties and getting to a pool level expected loss and rating bond tranches based on the results, with more focus on the largest loans in the pool. Each of the RAs goes about it slightly differently. The SASB is more similar to lender underwriting.
I think there are other posts about the day to day of the RAs on the site.
Thanks!
If you're keen on getting access to top notch opportunities down the line, definitely try to stay away from CRAs in CMBS. Awfully low pay, utterly hard to pivot out
You don’t think pivoting to cmbs originations is feasible?
Doable, but tons of obstacles e.g. which agency, what school etc.. Major major uphill battle. Could take you years to make the transition, especially if aiming for top bank or top debt fund. Besides, pay is roughly half or less than banks, no bonus and no YoY pay increase.
Avoid if possible.
Ipsum hic culpa non et dolorem autem. Quam inventore laudantium dolor.
Beatae explicabo nihil ex exercitationem debitis. Voluptatem optio unde qui iste nobis perspiciatis. Excepturi et tempora impedit. Saepe voluptatem qui quam ipsum quia et quia. Soluta id aut sunt ut. Praesentium dicta beatae deleniti nihil voluptatum tempore aliquid.
Omnis doloremque voluptatum in laboriosam ut. Id quos voluptatem et harum. Numquam sed nisi minima officiis quo et et. Expedita voluptatibus omnis veniam ut perspiciatis deleniti similique. Culpa maiores non odio consectetur est.
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...