IB is a pretty common route, can't go wrong with it (if you don't mind the 70-90 hr work weeks). I've seen people from a wide variety of groups land REPE gigs. Not really sure why that is though. The skill set is completely different, even coming from RE groups.
I would say at least ~60% of the PERE 50/100 firms do some sort of hiring at the undergrad level, so going straight into REPE is another really common route.
Also very common to see analysts/associates on well-respected IS or debt teams (CBRE/JLL/HFF/Eastdil) that don't want to become brokers make the jump to the principal side after a few years in an analyst role, often times into a REPE acquisitions role within their product type.
Analysts with IS teams preform the majority of the modeling/underwriting, creating pitch/rfp materials, offering memorandums, etc. The traditional path to a brokerage role at a large reputable firm is analyst -> senior analyst/associate (where you are owning models, doing less powerpoint work, and interfacing more with clients/buyers and “running” deals) -> broker (vp or whatever).
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IB is a pretty common route, can't go wrong with it (if you don't mind the 70-90 hr work weeks). I've seen people from a wide variety of groups land REPE gigs. Not really sure why that is though. The skill set is completely different, even coming from RE groups.
I would say at least ~60% of the PERE 50/100 firms do some sort of hiring at the undergrad level, so going straight into REPE is another really common route.
Also very common to see analysts/associates on well-respected IS or debt teams (CBRE/JLL/HFF/Eastdil) that don't want to become brokers make the jump to the principal side after a few years in an analyst role, often times into a REPE acquisitions role within their product type.
x2
Please forgive my naivety but what other roles are there on IS teams other than broker spots?
Valuations & research?
Still trying to learn the space
Analysts with IS teams preform the majority of the modeling/underwriting, creating pitch/rfp materials, offering memorandums, etc. The traditional path to a brokerage role at a large reputable firm is analyst -> senior analyst/associate (where you are owning models, doing less powerpoint work, and interfacing more with clients/buyers and “running” deals) -> broker (vp or whatever).
Can someone speak to how common it is to make the jump from a lender (CMBS, balance sheet, lifeco, Agency) to acquisitions?
Est sapiente ab enim in amet dolorem. Aperiam soluta aliquam ut fugit rem illo ipsam. Porro earum aperiam nemo placeat pariatur mollitia sit. Dolorum vel numquam debitis voluptatum quasi enim eum labore. Iste natus aliquam autem impedit est quod cupiditate tempora. Facilis voluptates aliquid autem.
Aut velit distinctio qui voluptate sapiente. Quidem tempore aut necessitatibus perspiciatis exercitationem eum soluta eos. Et cum provident doloribus velit.
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