I have an interview tomorrow for an analyst position for a REIT in the multifamily department. I have extensive experience in office leasing, which does not translate entirely fluidly. What do you think are the best weapons in my arsenal to show that office leasing experience serves as an advantage to the multifamily underwriting world? Right now, my main ammunition will be knowledge of the jobs/demographic market and how that affects trends in occupancy, and an ability to evaluate real estate at the bricks and mortar level to determine how building quality affects rents and vacancy. Other thoughts? Thanks for your help!
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i'd say they are not expecting you to have any meaningful knowledge of the multifamily market. if that was what they are looking for, they wouldn't consider someone currently focused on office leasing. more important in my opinion to showcase your critical thinking ability. if you are sharp and they can get along/think they will enjoy working with you the other stuff can be picked up fairly quickly. Asset Management or acquisitions?
thanks. want to try to show skills are transferable as I know there are other candidates in the mix with multifamily experience. it is for acquisitions.
Gotcha. Good luck man. Do you want to transition to multifamily or is it more you want to get into acquisitions?
Thanks! Want to broaden my real estate skill set, multifamily is the next biggest gap. But primarily, want to get into acquisitions. Working at a newly re-staffed, lean-operating REIT organization also allows for the opportunity to dip my toes into various aspects of the business which is attractive.
Any other thoughts? interview is first thing tomorrow morning. Thanks in advance!!
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