Extell Development
Can anybody in the NYC market (or better yet, familiar with the firm) speak to the culture here? Obviously everything they do is crazy ambitious.
Can anybody in the NYC market (or better yet, familiar with the firm) speak to the culture here? Obviously everything they do is crazy ambitious.
+52 | Leave brokerage to be GP | 12 | 1d | |
+46 | New Comp Database - Google Form (Now with Data Validation) | 24 | 1d | |
+24 | Seeking Career Guidance in Real Estate Development Post-Graduation | 3 | 2d | |
+23 | Spreads over SOFR/UST | 5 | 2h | |
+23 | Going out on your own | 4 | 1d | |
+22 | REPE/Development GPA | 15 | 4d | |
+21 | Real Estate = complicated + underpaid | 15 | 1d | |
+18 | High achiever that doesn’t want to work weekends | 9 | 4s | |
+17 | Fisher Brothers | 6 | 1d | |
+17 | MSRE/MSRED with no RE experience; Naive to think I’ll land a job afterwards? | 4 | 5d |
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Knew someone that worked there as well and had the same experience. Eventually left for another gig.
What was the comment? For some reason it got removed.
What's interesting is that their development team has a heavy architecture (as opposed to finance/business) background
Firms like Extell are so large that they have separate departments to handle the high level finance side of things. These firms development groups are more boots on the ground/project management.
I interviewed there and the development teams handles financial analysis and underwriting. They have a couple people with finance backgrounds but most have architecture backgrounds. They place a lot of emphasis on pre-development and being able to vet the shit out of the CDs.
Not sure about hours specifically but seemed like a pretty good group of people frankly.
I work in the industry in commercial brokerage in NY, I think they're a top developer in the city with some amazing projects. Don't know anyone directly working there, but looking at the employees seems they hire from great schools and I'm assuming the work life balance is not good like others mentioned. This is probably a place you're not spending your career at.
bump
I'm in NYC, really don't know anyone there too well. Personally, they give me the classic New York finance-bro sweat shop vibe, so that is my "working" assumption. I would really try and get a first hand experience report, if you are considering a role that.
TBH, I am pretty confident they very leveraged in both debt and equity terms.... that typically forces very lean operations and thus sweat shop culture by necessity of being under constant pressure and not having enough staff to do everything. Is this true for them? Not sure, but I would not be surprised.
Haha, I'm trying. Surprised there is so little info on them out there. Thanks for the input.
Also interested
Can someone comment on what its like to work there
A prior company EVP of Dev came from there. Funny, incredibly smart, humble guy.
Midwood?
Curious if anyone has thoughts - they had an associate opening on linkedin
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