Hey y'all, just got an acquisitions associate offer from an owner-operator in a major west coast market. It would be awesome to get the community's thoughts on the opportunity from an experience and comp standpoint.
Role:
Small deal team covering value-add and development site acquisitions. The group runs lean, so I'd likely be doing all the lease abstracting, creating pitch decks, etc. Also a bit concerned that the company isn't a household name.
Other responsibilities are building lender relationships, sourcing and closing financing packages.
Comp:
Base: $135K
Target Bonus: 20 - 25% of base
Work Experience / Background (for context):
YOE: 3 years as an analyst on a top D/E placement team
Education: T15 MBA
Nobody can answer this but you, but I wouldn't be concerned about "brand name" - this isn't banking/PE. Real estate is an EXTREMELY regional business and there are tons of great companies that don't play outside of their home market.
The only reason I wouldn't take the role is if you're hoping to jump to a megafund or large brand name down the road, but if that doesn't matter to you then go for it. You will likely learn more at a small shop like this than you would at a large brand name.
Appreciate the input! That's the thing, moving to a name brand in the future is definitely a consideration. This would more-so be a placeholder until the economy improves in 1-2 years.
That pay is light for having an MBA.
But you should be proud of getting an acquisitions offer in this market.
If you're intent on leaving brokerage, you have to take it.
Nemo aut nihil distinctio et dolore. Quia reiciendis ipsam sapiente eaque aut laboriosam ut. Cupiditate quas qui non magnam.
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...
Qui repellat nesciunt suscipit nulla hic qui qui. Magni maxime soluta necessitatibus dolores qui repellat similique. Quo numquam distinctio ab eum iusto. Consectetur error maiores sit sit dolor qui.
Ducimus unde dolore sit aliquam eligendi. Tempore est excepturi magnam dolores. Nemo minima sapiente molestiae sit.