RE debt to repe
Are MBAs beneficial for REPE or are they more nice but not something really needed? As background: Currently work in on balance sheet cre debt for a larger regional bank. Primarily uw and asset management with a little relationship management responsibility. Ideally in the next 2-3 years would like to move from debt origination to an acquisitions role in REPE.
Yes
So are you saying you're currently doing UW/AM work and intend on moving to the production side at your regional bank, and then would like to move to acquisitions in REPE?
Overall the MBA will help, but I don't know that you absolutely need it. You can probably network your way in.
In Real Estate, I believe an MBA is only valuable if:
It's a top 10 program
It's in a market you want to be in and currently don't have a lot of relationships in
You are making a significant career change (e.g. trying to transition from a local ground up retail developer to working on acquisitions for a large, institutional industrial REIT)
Eh - there's still a good bit of value in a regional/local heavyweight just from the network alone. The U does well in Miami, UNC kills in North Carolina, USC dominates Southern California, etc.
More than anything dude you should also learn how to build kick ass equity models (i.e. Waterfalls)
Under no circumstances, however, should you go chasing them
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