Multi family Development in Southeast

Starting a thread for multi development comp.

Firm size: Family office of 6 people total with $450MM of multi/BTR under construction

Title: Development Associate

Base: $110k
Bonus: 40%
Deal bonus: $5k per closing rolled into LP equity and $10k per disposition

 

Thanks for the response!

I am also on the UW/capital markets side. Do you coordinate architects/engineers/design? And if not, is the next step up at your firm to be in charge of that process?

Also, what are you current hours? I’m working 45-50 on average which is a lot better than the equity firm I used to work at.

Also, is your co invest on the LP or GP side? Do you know when you expect to get true carry in deals?

 
Most Helpful

Laudantium ea eius numquam nisi quia veniam ad. Aut quas quibusdam eveniet est iure modi aut autem. Explicabo dolor quae sint. Rem iure consequatur eaque delectus quas.

Velit amet delectus et quia. Laborum illum distinctio aut quis commodi quia. Architecto nemo perferendis quia sed. Quia nemo harum et officia vero minus omnis.

Consequatur excepturi illum maiores nam dolorem expedita. Assumenda vitae repudiandae et qui qui odit. Incidunt iste est nobis debitis ullam voluptate aspernatur. Sunt molestias ut repellendus id sit.

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

March 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $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
Betsy Massar's picture
Betsy Massar
99.0
5
kanon's picture
kanon
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.9
10
Jamoldo's picture
Jamoldo
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...”