Help Deciding Between Post-College Job Offers

I currently have full-time offers from two groups in NYC, one as a capital markets broker securing debt and equity placements, and the other as an analyst on consulting team at a JLL/CBRE/Newmark/C&W tier real estate shop.

My long term desire is to either get into REPE acquisitions or asset management, or maybe development. Any insight on tradeoffs between these two offers, exit opps, etc? My thought is the broker role will give me more underwriting and and property level financial analysis skills, while the consulting opportunity is at a company with a bigger name and seems interesting, but may just be doing financial analysis on leases and things like that. Any help is appreciated.

4 Comments
 

Based on what you described above, I would take the brokerage job. Working on debt/equity placement across potentially multiple product types would be the most beneficial. Understanding how the principal side structures their capital stack, how lenders approach deals, and getting underwriting experience will set you up well for what you want to do later on.

You have a job offer from the other firm, but you dont know what they do?

 
Most Helpful

Both are perfectly acceptable starting points. At this point - it's a personal decision. Which one pays the most? Which has a culture you like? Which has a boss you admire? Which has a team you immediately got along with? You can get really granular with this too and try to find out where people have left for and how often they leave if you want to, or ask around other people you've met in the industry or PM people on here about their specific reputations, but at some point you need to go with your gut, make a decision, and realize that you'll probably only be there a couple years anyhow. Learn as much as you can.

Commercial Real Estate Developer
 

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