Is CRE worth it?

I’ve looked at all the comps of dudes in REPE and it just doesn’t look that great. I just graduated college with a masters in finance and don’t know what to do. I have an internship on an s+t floor in nyc but this past year I aimed for CRE IS analyst or REPE acquisitions. Idk what I should do at this point?

15 Comments
 
[Comment removed by mod team]
 
[Comment removed by mod team]
 

First thing you should do: learn how to write properly.

This is the worst written post I’ve seen.
Just garbage.
I can’t tell what you’re asking or why.

You won’t be successful anywhere writing like that.

 

No doubt that finance is going to pay you better in cash comp throughout your career as a salaried employee. Having said that, you should look at it from the lens of being a mid-tier employee as that is where you will spend the most of your career.  Are you going to be happier making less in RE (though still a great amount of money by most standards) and having your job be a VP for a developer or REPE shop? Or do you want to spend the next 30 - 40 years of your life working in IR (example used above) to make a bit more cash comp?

Also noting the amount of opportunities in CRE that are 40 - 50 hours a week. Spend some time in the IB section and you'll see countless people crying to get out of IB and seeing that their best option for something that has work-life balance is to go backwards and make $150k in corp dev in a HCOL city after spending 2 - 4 years of their life getting f'd in banking.  I'm making more than all of my friends that left IB to work in corp dev in cash comp. Their upside is to become an executive one day and get a nice piece of equity and a fat check, but that's decades away. My upside as a CRE employee is probably more limited (yes, lots of guys leave to start their own shop and crush it. 95% of you that think you will do it will realize it's not for you when the time comes), but there are still plenty of scenarios where I am worth a few million in my early 40s, and potentially more if I crush a promote check along the way. I work 40 - 45 hours a week on average, and half of my day is having phone or coffee convos with people in the industry who are mostly cool people.  I go on trips to my markets for 5+ days a month where all I do is tour properties, talk with brokers, and get dinner/drinks with other people in the industry in interesting cities. 

I absolutely fight feelings of jealousy all the time when I hear about my peers in typical PE making significantly more than me, or my friends that went corporate and have fully remote jobs making solid money. But at the end of the day, there are very few PE spots available that pay that well (and everyone is spreading the same story of the handful of people in PE that are 28-30 making a million a year and working 50 hours a week - finding that position and getting that offer are a huge gamble and unlikely. Most people in PE aren't bragging to their friends because they're still getting crushed at 30 and only making mid 6 figures and seeing that their only exit is to go take a huge pay cut in Corp Dev, and most people that find themselves in those high-paying and good-hour shops end up sitting there for their entire career so there's not many positions. Plus, most PE shops are lean, so it's hard to find the data to tell you which one you're getting yourself into until you're already in the seat), and I know many people that were grinders that still burnt out of traditional PE after only a couple years. It's much harder than most anticipate to ride out a career like that over the course of decades without any breaks and continually be a high enough performer to keep your cushy compensation. 

The answer is going to depend on you, what you value and what you like, and how much you really need that finance money to be happy. There's really no right answer and most of us will find ourselves in the grey area in between (I sure as hell am not one of these guys passionate about real estate, but I enjoy it a lot more than I would working corporate finance), but you have to make the decision yourself. 

 
Most Helpful

Quia sed illo sed sequi architecto. Ratione impedit numquam laborum repudiandae aut non minus fugiat. Quia totam quia ut aut quas nisi placeat. Corporis qui molestias porro fuga voluptatem. Corporis quae ut et officia totam repellat aliquid.

Have compassion as well as ambition and you’ll go far in life. I am interested in digital immortality. Check out my blog at digitalimmortality.com

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (77) $151
  • Intern/Summer Analyst (71) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
GameTheory's picture
GameTheory
98.9
9
CompBanker's picture
CompBanker
98.9
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”