Most interesting jobs within the real estate debt space?
Title says it all - anyone have a gig they really enjoy that also pays well? Anyone work in the distressed CMBS space?
Trending Content - Real Estate Forum
| +45 | latest on Shorenstein? | 10 | 13h |
| +20 | To the veterans: What was institutional dev actually like during the last bull run? | 8 | 3d |
| +20 | Probability of S2 recap returning equity | 9 | 2d |
| +16 | Development vs. REPE pay gap | 8 | 3d |
| +15 | PGIM Real Estate Equity Opinions? | 10 | 1d |
| +14 | How do I break into a family office role | 3 | 1d |
| +13 | PGIM RE vs. Eastdil Secured | 5 | 1d |
| +12 | MBA Pipelines for REPE | 10 | 1d |
| +12 | Opportunistic Equity Acquisition Associate Role - Middle Market REPE | 1 | 1d |
| +12 | Reneging - What should I do? | 5 | 4d |
Career Resources
Work at a debt fund. It’s great > Tons of deal flow (we are one of the well capitalized firms) > You get in on all of the action of the new deals and concepts across Core and mainly Value-add / Development projects and learn a ton about different ways shops want to unlock value in those deals > WLB is much better, you filter out bad deals pretty quickly and don’t spend as much time underwriting deals you know won’t pencil >You can operate across Geographies and learn a lot about different markets pretty easily, your knowledge is not as deep as equity sector specialists but you learn a lot about legal structuring, market fundamentals across asset classes and geographies, etc at a junior level > I could go on lol i love it
Thanks for response, currently work at a very large firm but do mostly core stuff, just getting bored with it even though I’ve gotten to work on massive deals. It’s just rinse and repeat to an extent… how’s your comp and what are hours like?
Entry level 45-60h
I’ll give the other side of the debt fund. Not being argumentative. Just stating my opinion. Generally debt side hours are worse than equity. Reason being you will quote deals even if you don’t want to win deals. Because it’s a client business and you follow you clients, you may give a quote just to be a good lender. My experience having done equity and debt, with the debt platform doing stabilized, value add, and construction loans - I worked much more. With equity I looked at 1 - 2 new deals per week. If it didn’t work - we killed it quickly. With debt I looked at 3/4 deals per week and quoted most deals to keep our clients feeling like we were engaged.
Voluptatem tenetur veritatis incidunt culpa. Earum et quod error nesciunt. Culpa molestiae quasi aut dolorem enim omnis qui.
Quas illo esse saepe quisquam. Mollitia saepe aut quo aut aliquam. Cumque et ipsum molestiae. Omnis quod voluptatem natus et cupiditate. Et consequatur deleniti eos aut.
Dicta eaque ea ipsa sapiente rerum. Impedit perferendis doloribus animi qui ullam.
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...