Possible for a post-MBA consultant (1 year out) to pivot to RE Acquisition/Dev role at Related/Hines etc?

Thinking I'd like to make this transition next year. I have done some investing with my family and would like to pursue a FT role with one of the big dev shops. (Not at a place in life where I can take a big pay cut so would like to aim for the bigger shops).

How tough will this be? I have a T15 MBA with a RE minor. Have a network I can try tapping into. Also have big 4 audit and valuation experience pre MBA.

Also, am I being foolish in thinking that CRE will be lucrative over 10 years compared to pursuing partnership at a top consulting firm?


Thanks. Comp at my firm is 190 +25% target bonus. So looking at 240k, ramping to ~300k in 2 years.

I do sense that bonuses over a longer horizon seem to have the potential to make things up.


Yes. You can make the pivot. Network though. That’s how you open the door. Will it be possible to get into a Hines - sure. Would it be likely? The job market is tough. You may need to be open to different firms. With that said, many firms will be able to pay like Hines (many will not be able to!) but be open. Hines doesn’t actually pay top dollar. They know you’ll come over for the brand. 


Thanks! Appreciate the encouraging words. And that makes sense. Definitely going to be open to other shops too. But I know that MBA isn't a big input in RE recruiting and I know shops like Related have a bit more of an MBA dedicated pipeline with base comp in high 100s, which is appealing as I'm almost in my 30s and would like to live a bit nicer (scarred from being severely underpaid at big 4 lol).

Do you have any thoughts on roles? I find development interesting but with my background and the consulting role (which is valuation heavy), I think it makes more sense for me to focus on acquisition roles. Are there major considerations here?


My concern is also that I don’t have the experience to go to a smaller firm where they may want someone to hit the ground running. I assume that larger shops have a more structured training and mentorship program making it friendlier to those starting out. I could be wrong though. Regardless, I’m seeing that it makes sense to network with smaller firms too.


Nam voluptatem architecto aut earum vitae eum laboriosam aliquam. Maxime est alias fugit enim eaque dicta. Maxime facilis et esse dolor omnis et.

Temporibus earum ab assumenda distinctio. Ut dignissimos itaque adipisci in illum. Aut sint saepe ut illo doloribus eos voluptates. Asperiores eius inventore quia suscipit earum modi molestias.

Dolorem culpa et porro aspernatur dolor. Dolores quia accusamus aut exercitationem minima repellat. Vero dolor natus odio est eos. Quaerat enim voluptatem neque.

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 04 97.1%

Overall Employee Satisfaction

March 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 11 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 06 97.7%
  • Lincoln International 04 97.1%

Total Avg Compensation

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (82) $263
  • 3rd+ Year Analyst (12) $184
  • Intern/Summer Associate (32) $172
  • 2nd Year Analyst (62) $169
  • 1st Year Analyst (194) $159
  • Intern/Summer Analyst (142) $101
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...”


redever's picture
Betsy Massar's picture
Betsy Massar
BankonBanking's picture
Secyh62's picture
dosk17's picture
GameTheory's picture
kanon's picture
CompBanker's picture
numi's picture
Kenny_Powers_CFA's picture
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”