Comp range for Investment/Development Associates at developers?
I work for an industrial developer, and I would like to see how my comp compares to the big shop developers. I see a lot of investment associates at Prologis, Link Logistics, Bridge Industrial, IDI, First Industrial, Hillwood, etc. Does anyone have any insight on what comp looks for these firms? I am an investment associate (acquisitions, finance, etc.), but also open to development associate roles.
I am focused on industrial, but comp info for other asset classes is also appreciated, as I assume it will be similar at the junior levels. Thanks!
Also, I know it is highly dependent on location, so please add if it a HCOL or not.
Based on the most helpful WSO content, compensation for Investment/Development Associates at developers can vary widely depending on the shop, location, and asset class. Here's a breakdown:
General Compensation Ranges:
Industrial Developers:
Location Impact:
Other Asset Classes:
For a more specific comparison, you might find insights in this thread: https://www.wallstreetoasis.com/forum/real-estate/what-is-your-compensa…</a">What is your compensation in Real Estate Finance?.
Sources: What is your compensation in Real Estate Finance?, Life in Acquisitions (Analyst/Associate), Real Estate Development Comp by Shop, Life at Mega Developers, Life at Mega Developers
At a name brand dev, but not industrial focused like the shops named above. Was told tc range for dev aso1 was ~190-220 then 225-245 for aso2. HCOL city.
Thank you, that is solid comp.
This tracks for the name brand dev (multifam) I was at. Sr. Associate, making in the band you described, and I knew the regular associates were making the lower band.
bump
bump
The comp difference for ASOs working for owner-operators vs. REPE funds is wild. Just finished my ASO1 year at a smaller cap REPE outfit in NYC and cleared $300K... in a down year. That said, development is a long game, so I'm sure it evens out at the VP+ level
Former Hines assc. and was at $130 base and 30% bonus with no carried interest in a HCOL city. Severly underpaid imo for the responsibility/quality of work product/strong performance ratings. The big developers will underpay for the brand.
Was an associated at a larger merchant build multi-family shop in a texas market. 90 base 15-45 bonus, pretty light hours
Ullam id debitis voluptates iure sint. Dignissimos omnis porro distinctio tempora nam. Et qui tempore unde blanditiis dolor aliquam. Quo non et placeat et necessitatibus. Suscipit perspiciatis voluptas velit ratione explicabo voluptatem nulla. Dolor odit eius sequi sunt.
Aliquam provident qui voluptas debitis. Accusamus saepe ut explicabo eum aperiam qui. Aperiam numquam magni vitae nihil alias ipsum ratione. Vel pariatur cumque saepe sit veritatis.
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...