Potential career path after construction firm, acquisition analyst?
I currently work as financial analyst at a residential construction firm that also do some multifamily, mixed-use development. I create budgets for constructions, also run pro-forma financial models (Excel, not Argus) for all development projects.
After looking at several posts on "a day in acquisition". I thinks their typical days are similar to the busy days of mine. What I do is crunching numbers, go back to my boss and discuss whether to proceed with the deal. If yes, we tighten the assumptions and send out bids on the land.
My question is whether the experience in this construction firm would help me later if I want to work for REITs or other Real Estate investment firms.OR I should leave after a year or two so that I won't be pigeon holed in residential construction business. BTW, I passed all CFA exams, don't know if that helps.
Resi as in single family mostly?
Also it sounds like you are doing development, which is transferable imo. Some acq roles, you do both.
Yes. This firm started as home builder. What do you mean by both?
In some acquisition roles, you do acquisition of existing buildings and build development proformas for potential land acquisition/redevelopment plays. Its what I did.
It doesn't sound like you work in construction if you "run pro-forma financial models for all development projects." If you truly do have a CFA you are miles ahead of the typical single-family guy. But you're absolutely right that you need to get out if you don't want to be pigeonholed to single-family. It's so different that it might as well not even be in the same industry.
I comes from typical finance education background. It's a small company. It's just getting started on the multi-family and mixed-use business. I think I have a large space to maneuver here. I guess it would be different working on the investment side. But I don't know how different? What exactly is different? Given that what I do is similar to these guys.
Is he gettin pidgeonholed if hes doin multifamily and mixed use too?
Sounds like you have a cool job. I'd try to do my own development deals if i were you. Or continue working for developers. Many people with boring jobs at banks and reits wish they could be in your position
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