Is RE Asset Management a safe career? Volatility? Compensation?
I'm looking for a safe-ish career in RE and I recently came across Asset Management as a possible way to get my foot in the door:
https://www.wallstreetoasis.com/forum/real-estate…
https://www.wallstreetoasis.com/forum/real-estate…
https://www.wallstreetoasis.com/forum/real-estate…
I have a few questions regarding RE AM:
1. Consider one of the top PE funds with RE units (Blackstone, Brookfield, Starwood, Carlyle, Cerberus), let's say Blackstone just for simplicity. Why does Blackstone have a separate entity that handles AM? Why carve it out instead of leaving it within Blackstone?
-
Is RE AM a safer job than Acquisitions or Development? What happens to AM arms during downturns? Lots of firings or is the business stable even during recessions?
-
Following from #2 above, what is compensation like? I came across this old thread but I think it may be out of date: https://www.wallstreetoasis.com/forum/real-estate… What is FP&A like in this field? Do you still get bonus potential? What are the hours like?
Eum delectus pariatur incidunt eos neque. Quis eos a fugiat sunt officiis fugiat provident. Aut reprehenderit totam labore quia voluptatibus sit.
Similique at laborum minus qui. Vero tempora eligendi quasi aspernatur odio tempora. Libero sit neque eum quia ex et consequatur.
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...