+3 Underwriting Analyst vs. Acquisition Analyst 2 6y
+3 IRR hurdles for Multifamily ground up development? (Secondary Markets) 1 6y
+27 Equity Waterfall Calculation using XNPV 7 6y
+24 Project IRR & Hurdle Calculations 2 6y
+12 Typical Deal Structures/Return Expectations for Ground Up Development? 1 6y
+53 REFM Review - Real Estate Financial Modeling Courses 1-3 24 6y
+21 Unique Entry to Development.....Next Steps? 1 6y
+42 Interest-Only Mortgage = Lower IRR? 18 7y
+19 Deal flow questions - Been an analyst for almost a year and have not closed on a deal (REPE). Underwrote 50+. 4 7y
+14 NPL and Whole Loan Valuation 7 7y
+23 Which Job Would You Choose? 5 7y
+36 Need Help Deciding Between 2 Real Estate Job Offers 10 7y
+46 Equity Structuring (JV vs Pref vs ?) 20 7y
+15 RE Modeling-Two Questions In Reference to IRR 4 7y
+15 PE Shop or Debt and Equity Brokerage 2 7y
+18 Financial Modeling Interview Test for CRE 1 7y
+14 CF statement for shophouse investment 2 7y
+12 Best type of RE Company (REIT, HNI Private Fund, or Institutional Fund) 1 7y
+53 Question Regarding IRR vs NPV Calculations for Development Projects 12 7y
+12 Choosing a Role: MM Acquisitions vs Megafund Asset Management 2 7y
+25 Help with a Waterfall Structure 5 7y
+51 Do you think it's justifiable to ask for 25% of the GP for being the fund raiser for the projects? 22 7y
+13 Online MBA Programs - Are they worth it? 1 7y
+20 How to successfully transit from Asset Management to Acquisition within the firm (REPE) 2 7y
+28 As a GP, what kind of waterfall offer would you turn down from an LP? 10 7y
+56 What kind of returns are LPs targeting in opportunistic funds these days? 41 7y
+12 Fair % in GP to ask for for fundraising? 1 7y
+70 Which should have the highest IRR: Office Building, Multifamily apartments, or retail shopping center? Why? 29 7y
+15 Baupost RE 11 7y
+30 Move from RE to Equities 7 7y
+24 What RE Field Would This Position Fall Under? 6 7y
+6 Looking for complex waterfall models, have lots to trade/share 5 7y
+19 Asset Management at PE fund or Acquisitions at Pension Fund 10 7y
+15 How long do you need to stay at a company before looking for other opps? 3 7y
+34 What to do? Role changed overnight to Real Estate Development from Back Office Accounting / Finance 5 7y
+4 Best Real Estate firms for starting your career 2 7y
+59 Opportunity Zones 18 7y
+3 CapIQ list of all RE investment firms? 3 7y
+14 RE IM to RE PE 1 7y
+29 What waterfalls are you seeing in today's market for developments you're working on? 11 7y
+39 Yield-On-Cost (development yield) 19 7y
+38 development to acquisitions or REIB? 18 7y
+15 RE PE Technical Interview Questions 2 7y
+14 Commercial Real Estate Financing Strategies 5 7y
+15 Understanding Open vs. Closed End Real Estate Funds 6 7y
+3 Waterfall Model? 1 7y
+40 JV Promote Question 6 7y
+13 Does Anyone Have Any Knowledge of Realterm / Aeroterm? 3 7y
+12 JV Partnership - Waterfall Confussion 1 7y
+62 Is there an ideal spread between Unlevered and Levered IRRs? 41 7y
+16 Multifamily new construction developers? 1 7y
+20 Up and coming REPE firm vs top REPE firm 4 7y
+59 Acquisitions Folks - How active is your current pipeline? 33 7y
+32 Mixed Use Modeling - Multiple Product Types 5 8y
+15 Becoming a Broker/Dealer to raise capital 1 8y
+4 Excel test for Acquisitions role at Insurance company? 2 8y
+73 Pitch Your Deals! 23 8y
+22 Valuing / Pricing Lease - Lease then Sublease Model 2 8y
+12 Hold and Sell Analysis 1 8y
+3 CRE Loan Officer Comp at a Major Life Co 4 8y
+24 Dynamic XIRR Formula Help 11 8y
+39 Why IRR is so high on a compressed timeline? 12 8y
+19 "Basic" Technical Questions Every Analyst/Associate Should Know For Interview? 2 8y
+22 How do I determine the optimal use of leverage for a RE development project? 5 8y
+18 REITs - Typical deal structure 16 8y
+24 CRE brokerage / capital markets help - personality tests/assignments 1 8y
+13 How to buy out a GP interest from a sh*tty operator? 2 8y
+17 IRR to Equity? 6 8y
+11 IRR Query 5 8y
+16 Case study- hotel underwriting model? 5 8y
+25 Promote Structure 3 8y
+13 Mezz/Pref Equity CRE Lender VS Boutique M&A shop 3 8y
+25 Levered to Unlevered Promote Structure Conversion 7 8y
+21 What are some things that most students forget in their real estate reports? 9 8y
+20 AUM real estate definition 6 8y
+6 Coastal Ridge Real Estate - Multifamily REPE with ~$1.4 AUM - any info? 5 8y
+9 Rockefeller Group International Info 1 8y
+31 Columbia MSRED.... Acceptance Requirements 9 8y
+8 JV'ing on Core or Core Plus? 2 8y
+15 Typical Investors Terms.... 2 8y
+45 Modelling Test - Please tear it apart :) 9 8y
+21 Start-up Real Estate Fund Opportunity - Figuring out Managing Member Economics 3 8y
+6 Seeking Larger Nashville Multifamily Deals (80 units plus) 8 8y
0 Long-Term Outlook for Multifamily Acquisition Analyst at REIT 0 8y
0 CRE Potential interview questions - need answers 0 8y
+50 Modeling from a debt perspective 12 8y
+15 Capital Waterfall 2 8y
+11 Looking for access to a Green Street Advisors report 14 8y
0 Waterfall model - IRRs with equity multiples 3 8y
0 Comparing costs of capital 1 8y
0 Preqin Compensation Report 1 8y
+30 Salary range for this role? 7 8y
0 Specifics of RE fund process. 0 8y
+16 Top Tier Real Estate Private Equity Recruiting 14 8y
+15 JV waterfalls - IRR or EM? 4 9y
+16 Capital Raising for Real Estate Development 2 9y
+115 Trying to understand the concept of IRR 36 9y
+44 IRR Waterfall/Promote Question 24 9y
0 TIAA Global RE 4 9y
+17 How many corporate employees do you have relative to your AUM? 21 9y

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.3%
  • 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 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (78) $151
  • Intern/Summer Analyst (72) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
Mimbs's picture
Mimbs
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...”