CRE development associate interview

Hi all, I am expecting my final interview for a dev associate position and wanted to get some insights, tips and tricks, etc. to prepare for. Company has not confirmed yet that I will be called in for this last interview, so I'm not privy to what they will be going over then, but if I move on to the next round I will be meeting with the managing directors directly. The firm focuses on institutions / infrastructure projects, and the job description is comprised of deal pursuits (some light financial modeling involved but not heavily I don't think) and development (mainly project management). Coming from an arch/CM/PM background, this is my first big interview in the CRE sphere. The first couple of interviews were shorter, mainly going over my background, transferable experience, intent behind application, etc. so nothing too difficult. This last one, I'm just at a loss as to what they will be asking me. Is there typically some form of financial modeling or case studies involved? Do they typically load up on technical heavy questions? If anyone can help shed some light so I can prep myself well beforehand, it would be a huge help. Thanks all!

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A final round rarely includes a modeling test, but each firm is different so I suppose it could. 
 

If you’d be meeting with MDs, it would almost certainly just be a personality check. They want to look you in the face and see if you have the personality and mentality to not only do the job, but be someone who they wouldn’t mind being around five days a week. 
 

Your personality kind of is what it is at this point, but as for your ability to do the job, here’s some stereotypes about the backgrounds you mentioned that they would be checking to see if they applied to you or not: 

  1. Architects can be spacy and unable to see the big picture. Often they get too attached to details that don’t actually matter and operate as if prices of things don’t matter. If this is your background, you can combat this by coming up with a story of a time you found a way to deliver a quality or cool design while still remaining on or under budget. Architects that “get it” are a rare breed. 
     
  2. GC/Construction people can be very whiney, always have an excuse, and love pushing off responsibility on others. If this is your background, find a story that shows when you really took ownership of a specific aspect of a project and pulled off the impossible. You’ll be expected to do that weekly as a developer. 
     
  3. Finally, if you’re an engineer, showing that you have social skills whatsoever will overcome any fear that may exist. 
Commercial Real Estate Developer
 

Wonderful, thank you for the thoughtful response! If those are what it takes then thank god! I do have those in line and should do just fine. Would you imagine they'd ask about market analysis or any of that stuff? Or, again, meeting MDs generally is a personality check? Just worried since this shop literally hires +90% Harvard and top MBA grads only (or so it seems), so just want to be ready

 

They may - more in an effort to see how your brain works than they care about the answer you give - but that’s hard to predict. Different people approach interviews differently and whatnot. Some people like to fuck with you, others try to sell you, etc. 

Just practice ahead of time telling some short stories that show your best qualities. Think of it like writing a biography. “John is hard working” is bad writing, but a story that shows how hard working John is speaks volumes. 

Commercial Real Estate Developer
 

Let me know if you get that callback, and if you do, how it goes. Always thought infrastructure development was cool as hell. 

Commercial Real Estate Developer
 
archpm06

Wonderful, thank you for the thoughtful response! If those are what it takes then thank god! I do have those in line and should do just fine. Would you imagine they'd ask about market analysis or any of that stuff? Or, again, meeting MDs generally is a personality check? Just worried since this shop literally hires +90% Harvard and top MBA grads only (or so it seems), so just want to be ready

Really curious what shop this is. Not many dev firms that fit this profile, and I'm at one of them (doesn't sound like it's where you're interviewing). 

 

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