Quick question my xp is as follows 3 internships one at a software co., one at a PE shop, and an incoming MM IB. How difficult is it to make a jump to a top real estate investment firm? Preferably in NYC?
I'm sure "like" questions have ben discussed just wanted to hear anyone's take on my specific situation.
bump
I'm going to answer this assuming that none of your internships were RE related, because if they were, you probably wouldn't be asking this question. Obviously your biggest hurdle is that you have no prior RE experience so convincing people that you really want to be in RE vs something you have actually tried is going to be really important. Nobody wants to hire/train someone for them to leave in 6 months because they hate it.
RE doesn't interview on a cycle like the rest of finance, so networking is still your best way into a job. Reach out to your alumni network, join the RE club/ULI, etc. and cold call until you land something.
Thank you, man! Really appreciate it!
What the fuck is an xp?? Like Windows?
Experience, my bad.
Uphill battle. Firms are not going to review your review and think you have legitimate IB "XP"... it's an internship. You could work in an IB analyst role for 12-18 months and transition to an investment role which would be a common route.
Otherwise, I'd recommend spending time on building an RE foundation, networking, and catching a wide nest of roles (debt, investment sales, Asset Management). I'd say debt would be much easier for you to break into.
Unless you have good reasoning as to why you want to work in real estate investing (past experience work for your family, or whatever) and know your metrics down cold, you have to ask yourself, why would firms take a chance on you over someone will RE work experience under their belt?
Temporibus quos consequatur labore nemo dolorem consequatur. Vitae architecto eligendi quia aspernatur. Ipsa dolorum molestiae et blanditiis. Officia et aut alias qui id et. Eos et totam deserunt. Ducimus qui maiores repellat et ut qui.
Error voluptatum itaque sequi ut illo veritatis. Ut corporis est perferendis ut. Temporibus ducimus quia eum officiis sed. Enim commodi pariatur minima neque doloremque accusamus et.
Sequi consequatur provident eum quibusdam unde et laborum. Nihil fuga expedita quod.
Quaerat et voluptatem et sunt quia totam. Corporis suscipit aliquid fugiat eveniet nulla dicta et. Aliquid vero odio assumenda aspernatur molestias. Consequuntur quo dolor pariatur quae. Veritatis minima aut vitae omnis minima veniam. Iste aspernatur eos voluptatem officiis quis. Officiis enim tempora corrupti.
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...