REIT or REPE for acquisitions?

I am a fresh graduate with considerable internship experience. I have the chance to continue working after my internship in a full time position as an acquisition analyst at a Retail REIT ($10B AUM). Or to work at a small REPE that deals with MF, that has about 10 employees. I feel like the REPE gives me more of an opportunity to break into a bigger REPE firm in the future. Any thoughts?

5 Comments
 

Reputable, brand name REIT over small REPE all day, no question.

These are really just different financing and corporate structures, the applied work is the same. REITs are increasingly investing in value-add/opportunistic deals, and I can pretty much guarantee you that the level of sophistication is going to be much higher than at a no name REPE shop.

People move between REIT and REPE all the time, that's not a concern. 

 
Most Helpful

I have no idea why you think a smaller shop would make it easier to break into a bigger shop, rarely ever works that way (not saying it can't happen, it does for sure, just mean it's far easier to go from large to small than other way).

If you are fresh out of UG, and you can stay on where you interned, and that place is a $10B AUM REIT..... winning. Unless I'm missing something, what is the appeal of this shop with 10 employees... what is its AUM and history? Seems pretty easy call unless there is something about the smaller shop you are not describing that makes it unique.  

 

Ignore the top two answer because they’re answering with no context. Give the AUM, how old, and general track record of the REPE and you can get a good answer to your question. If the REPE has 3 billion AUM and a 10 person headcount then income/head and AUM/head is upper upper quartile in which case it’s a very attractive option, if not the case then maybe not as attractive.

 

Et quis quia qui ipsa ut necessitatibus. Nesciunt est quo harum modi. Et sint consequatur natus sit.

Sed sit in pariatur voluptatem earum. Beatae cupiditate aut inventore rerum eveniet ipsum eos. Sapiente voluptatibus eligendi ut ea odit molestias illo.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $101
notes
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...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

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