Chicago guys, what are first year associates in Acq/AM making at firms like Harrison Street, Oak Street, Waterton, Walton Street, and JLL IM?
I thought this would be around $150k all in but after readingposted under "Harrison Street Chicago" it looks like they're only paying ~$67k + 20% bonus for a total comp just over $80k.
Wtf is that? I make 25% more in brokerage as an analyst. I thoughta natural step up as it's to the role of brokerage.
Is Harrison Street an outlier? REPEs of similar size (and even smaller) in NYC look like they pay double.
Lastly, I interviewed with a very small boutique (less than 50 people) REPE firm in Chicago back in late 2021 and they were paying somewhere between $120k-$150k all in for an acq associate. I'm hoping Harrison street is an outlier but please share your opinions.