Real Estate Development Post-MBA Compensation Package
Fellow monkeys,
After scouring everywhere with little results I figured I'd ask here. What does the post-MBA comp package at the top real estate developers look like (think Hines, Trammel Crow, etc.)?
Salary Range
Deal Participation
Signing Bonus?
Year-end Bonus? (Obviously variable depending on performance and firm performance but an average of this)
Any insight helps. Thanks guys!
Bump
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For the firms you mentioned, right out of school ballpark is 90-110 base + 15-30% bonus. Getting a piece of a deal at exit varies per shop but would be on top of that as well. Also these are not NY/CA numbers.
@cpgame what are NY/CA numbers?
That's a bit high for Hines, at least in my market, unless the person worked in development for a few years before getting his MBA and then came back
CRE -That is right on the money for Hines in the south. What market are you referring to?
dogedogedoge- Probably slightly higher base with a larger bonus package
Atlanta, but my source could be wrong, purposefully or otherwise
Edit: to follow up on this, I was referring to the base too, geology rocks, as CRE-Finance said
Base seems high but bonus seems in line. I would expect a small amount of carry as well
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