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
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.
Nihil molestias id suscipit quam. Temporibus nihil et fugiat pariatur repudiandae dolores et rerum. Cupiditate qui velit maiores sed repellendus. Qui aut facere expedita ducimus. Totam rerum consequatur quia quia voluptatum error rem. Aliquid eos aliquam aut ut in impedit quia.
Voluptas ipsum animi deserunt voluptate laudantium. Debitis voluptatem rerum excepturi fugiat tempora porro. Ipsum voluptatem est assumenda nihil. Ut impedit et quas cupiditate quidem libero totam. Excepturi non dolorem ut consequuntur et magni. Repellendus ad quae cupiditate et recusandae eum molestias placeat. Sint dolorum et harum officiis. Eos possimus est saepe temporibus molestias eaque esse temporibus.
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...