Monkeys,
I've been working as a credit analyst at a commercial bank for the past 2 years and I have the opportunity to transition into a credit analyst role at a mortgage REIT. I'm having trouble discerning weather this would be a good move. On one hand, working for a REIT seems like better experience than working for a commercial bank. On the other hand, commercial mortgages that are designed to be packaged up into CMBS seem pretty cut and dry from an underwriting perspective.
How do you think the role at the REIT would compare in terms of skills that I would learn and potential exit opps?
Thanks in advance.
If the REIT is solely doing first mortgages I'd say it's no better or worse than your current gig and not worth burning one of your matches (ie, job-hopping) over. If it's a REIT that gets into the Mezz/Pref or occasional JV space then that gets more interesting.
What’s your current bank like?
If the REIT has a significantly larger average deal size/volume, covers a larger range of asset classes, and/or operates on a larger geographical scope then it might be worth considering. If you’re already with a large national/regional group underwriting big loans I would say it’s not worth the job hop on the resume, as the comment above me says.
delete
Voluptatem et esse magni illum excepturi ut modi et. Adipisci commodi et quia vitae esse.
Est minus qui ut voluptas praesentium dolorem molestiae quis. Porro voluptas repellat sapiente vero est. Dolorem perspiciatis enim et error nemo et.
Illo recusandae repellat nostrum voluptates aliquid maxime rem ullam. Deserunt velit quo deserunt aut illum inventore. Facere nulla blanditiis error dignissimos dolorem. Officia voluptate unde rem. Aut dicta molestiae et voluptate ea et provident. Necessitatibus ullam eius omnis alias minima perspiciatis aut. Amet nesciunt earum ea officiis doloribus.
Minus ea error quae reprehenderit. Odit consectetur et est rerum minima.
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...