Developer vs. Development Manager
Can anyone speak to the difference between working for a traditional real estate developer that invests its own money, sources projects, raises equity, puts together financing, completes a project etc.
vs.
A development manager that an entity such as a property owner might hire to develop their property in exchange for a fixed fee? Would the experience generally be the same at the entry-level? My impression is that the development management position might be more of a project management role, whereas working as a development analyst for a more traditional developer that invests its own money in the deals would give you more exposure to things like market analysis and figuring out the programming, etc.