Just posting this again as it has been some time - what are we seeing in the NYC Acquisitions / Asset Management markets. Appreciate it's coming to the back end of the year but is anyone actively in recruitment processes / chats with recruiters at the moment?
What are our thoughts on when the market will pick up again?
| +38 | Where are free agents signing? | 19 | 6h |
| +33 | Capital Restricted Developer | 7 | 15h |
| +31 | Laughable Job Posting | 11 | 8h |
| +27 | What Is Your Backup Plan? | 15 | 7h |
| +24 | AvalonBay Equity Residential Merger discussion | 8 | 6h |
| +23 | Future of Real Estate | 5 | 7h |
| +16 | Extremely Slow Ramp Up | 1 | 20h |
| +14 | In RE, what is the ONE software tool you couldn’t survive without? | 5 | 19h |
| +9 | Development Budget: use RENTABLE or GROSS BUILDABLE sf? | 3 | 2d |
| +6 | Dynex | 4 | 17h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Bro, you posted the same thing 3 times.
The market is fairly dead. There are 3-4 top funds out for roles right now, beyond that haven’t heard anything in the last two months.
Who are the funds that are recruiting - can you PM me?
Apollo, Blackstone, and Cerberus
What positions are you looking for? I saw a bunch of RE analyst positions pop up in the past two weeks.
Any analyst ones?
Not in CRE but at a big diversified AM firm that has a huge CRE component. Those guys are getting titty-fucked right now. Only people being hired are on the Portfolio Management / FP&A / IR side to backfill people leaving. Investments team is leaner than ever has been, don't think any hard layoffs have been done but no one is getting promoted, a few people have been pushed out at Associate 2 / 3 level, a few people have moved on and not been replaced and a few people have been kept on as fourth year Associates.
I repeat, those guys are getting TITTY-FUCKED by god
On equity acquisitions, that would make sense. But on real estate debt as well, are you seeing the same thing in your firm?
TITTY FUCKED BY GOD!!!!!!! AGHHHHHHHHHHH!!!!!!!!!!!!!!!
What is the strategy for someone looking in this market given the above consensus?
Hope it gets better after the new year, look in other markets.
Won’t get better until summer 24 AT MINIMUM. I think that is optimistic as well
Will be slow for another year. Not sure if we have even bottomed yet. Assuming we have bottomed, these things take time to pick up and gain steam.
Distinctio voluptates sed numquam officiis. Sit tempora ducimus corrupti optio accusantium. Sed nulla debitis unde aliquam animi alias.
Qui provident nihil iusto ea sit. Perspiciatis rem doloremque quidem est incidunt quae cupiditate quas. Culpa ipsa est iusto quae.
Aut incidunt illo debitis rerum. Et aut magni et quo dicta blanditiis. Culpa aut dolorum quasi omnis. Laudantium architecto cum blanditiis in reiciendis qui corporis temporibus. Fuga laboriosam illo modi. Sit modi aut magnam molestiae voluptatem illum labore repellat. Saepe sapiente accusantium est distinctio sint distinctio molestiae.
Optio consequatur eum at quos qui vel ab. Veniam id modi quam commodi nemo. Quas reprehenderit atque mollitia et aperiam laudantium ut facere. Consequuntur ipsam enim sint eos dolores debitis nam sapiente.
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...