Hey everyone. I am currently deciding between two offices in the southeast for the summer analyst position at Eastdil Secured. Would love to get some input on which of the two options may be preferable.
One office is slightly larger in terms of employees and houses an industrial team, an office team, a retail team, and a debt placement team.
The other office is slightly smaller and houses a multifamily team, a credit team (not debt but offices with a few high credit tenants), and a managing director in the private equity group.
I have been told that deal flow for both offices is very strong. As of now, I have an interest in industrial, multifamily, and office, and had a prior real estate finance internship at a multifamily investments shop.
Which product groups seem like a great place to start out one's career in the southeast?
Since this is just a SA gig, not FT, I think you should probably just pick based on which market you would want to live/work in long-term. Part of this summer will be networking in that city, building relationships, etc. So, I think that is the better way to decide. That said, all else equal, the "larger" office is probably the better pick, but I really don't think it matters.
FYI, few will care in FT recruiting what "team" you worked in as an SA with Eastdil. You won't be there long enough to become an expert in any asset class or even deal type. It only matters from a networking/relationship standpoint (and even here, not that much).
Thanks for the insight, I appreciate the help. It definitely makes a lot of sense from a SA standpoint to be focused more on building relationships and learning a market rather than narrowing in on a product group. Cheers!
100% this
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Luckily, there is more of the post to read than the title...
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Yea I like to bury the lead. Stir the pot a little bit. Sometimes just go with "URGENT" as the subject line followed by an email reminding people that in the early 90's, Pepsi had the 6th largest navy in the world. You have to keep folks on their toes a little bit.
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