Seeking Info on Real Estate IB - Best groups, exits, skills, etc.

Hello, could someone provide me with some colour on a couple of real estate ib related questions:

  1. What are the best real estate investment banking groups? Definitely going to be more balance sheet oriented banks, but I understand some boutiques have good practices too. How good is JPM, GS, MS BAML, WF, Barclays, etc.? I know GS is usually very strong along with BAML, but it seems that WF is picking up steam with Eastdil.

  2. What are the primary exit opportunities? My understanding is most likely real estate PE, but does real estate ib provide you with the flexibility to lateral to another product or coverage group? Would being in a top real estate IB group provide a lot of exit ops?

  3. What are some of the advantages of real estate investment banking that some other groups might not have? Better technical background, etc.?

  4. Is real estate IB more or less protected against unfavourable macroeconomic changes?

  5. Most importantly, I would love any recommendations on how to read up and learn about the real estate IB space. Any and all resources you might have would be a blessing.

Thanks in advance.

6 Comments
 

How good is Wells Fargo? They used to own Eastdil but sold but WF retained their bankers.

 

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