Hey guys so I had a couple of interviews with a well known debt/equity shop for an Analyst position and I think I will be getting an offer.
I have around 3 years general RE and pretty much zero deal experience and only experience on Office. Team I would be working with does everything (office, multi, retail, industrial, student housing and even sometime hotels). I would like to see other asset classes and get exposure to deals. My only thing is, I have absolutely zero interest in a career path as broker. I really would love this experience as an Analyst however I don’t want to jump ship yet again from a firm in 2-3 years when I’m itching to go back to an Owner/Operator/Fund or whomever. My ultimate goal is AM or Development however I feel I’m getting beat out by guys in interviews who have previous deal experience.
Would appreciate any input!
At my shop the general energy is to push analysts/associates towards being a broker/producer. However, many analysts/associates don't really stick around to be a broker and its been average to see them leave after 2 to 3 years hopping to the buyside in Acquisitions, Development, Asset Management, some go onto bigger roles in sell-side like origination. I will say though that most of the junior staff that get hired don't come from buyside; many were previously from a sell-side role.
What exactly are you doing in your current role, or what team are you properly a part of?
I’ll PM you thanks
can you explain how you're 3 years on the buy-side with zero deal experience?
Should have maybe titled this better lol
I’m with a well known owner/operator, just in a more generalist Analyst role with primary duties on financial reporting/project management type stuff. (part AM type work but not essentially AM)
Lol I was at almost 2 with no deal exp. Started right when the rent laws hit in nyc then around 1.5 year mark Covid hit. Definity a weird time, but only ever got asked tell me about a deal you worked on never anything negative regarding no deal exp there.
Ea eaque tenetur inventore consequatur voluptate quo quia nisi. Aut molestiae laboriosam at aut iure.
Ex nemo voluptas unde. Tempora deleniti commodi ut temporibus id odio. Asperiores quia voluptate veniam omnis consequatur et reiciendis. Cumque et consequuntur iste cum. Ratione beatae aut velit qui. Aut nostrum occaecati odio placeat sit minus natus sit. Voluptatibus perferendis sint sed beatae dolorum.
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...