Jamestown Properties Interview
REPE firm in Atlanta. Have final rounds this week, wondering if anyone has any insights into the process. I know there is an excel test as well as a writing test. Thoughts on what to expect?
Any feedback on this? Did you go through?
The excel test is easy. Never took a writing test, so perhaps the process has changed since.
I met with at least 4-5 different people during my day there and all seemed very, very serious. Could have been that specific day though.
Don't be surprised if your final round is not actually your final round too.
Edit: Jesus, this is a post from 2014. Gravedig much?
Send out the test?
I took it a few years ago and it was on-site at that. I don't have it to send out and honestly...you don't need it ahead of time...
May have to take one of these excel test for a development role at Jamestown. What should I expect? Just basic stuff IRR, debt payment, ROI, etc? Any insight would help. Thank you!
The one I took back in 2017 was for an asset management role that I ended up declining for a different job in development, so I'm not sure if the development test is unique or if their tests in general are different in 2020 or not.
That said, it was incredibly easy. Like, easy to the point that I thought I was being tricked because I assumed it would be much more difficult. It was a 5-year annual proforma (not even monthly) where you had to grow income at a certain level and expenses at a different level and they asked you questions like IRR and yield. It was not from scratch - more fill in the blanks. Then they had a couple scenario questions like "if expenses grew by 3% instead of 2.5%, how would that impact the IRR?" so I went and changed the assumption cell and gave the answer. No waterfall. No complicated formulas. Not even sure if it had anything below NOI.
I want to say that it was an hour test and I finished it in like 15 minutes, double checked everything to the point of almost doing it again for another 10 minutes, had existential panic along the lines of "this can't be this easy...what am I missing?" for another 10, and then turned it in.
They never told me if I missed anything, but I had a couple rounds after so I'm assuming nothing major. I'm trying to remember if they asked me questions about it in a follow up interview or not, but I don't think they did. It's been a few years though.
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