Transition from Investment Banking Analyst to RE Analyst with a focus On Hospitality
Looking to make lateral into an RE analyst position with a four year background in Investment Banking Analysis (decent firms). Not sure where to start. Open to suggestions. Would be interested in doing something that relates to hospitality (on the RE analyst side).
Any suggestions on how to do this and what types of positions would match the criteria I'm outlining would be very much appreciated.
What type of avenue do you wish to take; brokerage, consultancy, PE, REIT, management firm, branf? Are you looking for an acquisitions or Asset Management-type role?
Thanks for helping me to focus. I think PE or REIT and on the acquisitions side.
Were you covering RE in you IB days? If you were, it would probably be pretty easy to lateral into an Associate role at a REIT or PE group. If not, you'll probably have to start at the bottom. A majority of the hospitality specific REITs are based in Bethesda, MD with PE groups being peppered throughout the country (of course a large collection can be found in NYC, Chicago, DC and the West Coast).
A big part of the hotel real estate industry is networking. Whether through your alma mater, previous coworkers, friends, etc., any way you can find to crack that door open will give you a leg up.
I wasn't covering RE. So I'd need to go all the way back to entry level? Could acquire some specific modeling skill/certification to try to take 1 or 2 steps back rather than 4? Current experience is at reputable firm in a major market. I'm looking to stay in the same market.
Do you at least have experience in hospitality, specifically hotels? What market are you in? PM if you don't want to divulge too much information publicly.
Dignissimos quasi eligendi est molestias omnis consequatur. At voluptatum enim quibusdam aut. Qui est et hic. Aperiam voluptatem non excepturi aliquid praesentium. Illum dicta iusto quas ratione odio. Ab voluptatem saepe labore incidunt aut. Aut ipsam et accusantium sunt recusandae perferendis temporibus.
Aut sunt quo corporis. Esse labore autem repellendus aut id iusto. Dolorum aut commodi facilis ut doloribus fuga. Architecto suscipit et sapiente qui quo minus nesciunt similique. Voluptatem similique autem libero excepturi fugiat dignissimos totam. Quis dignissimos qui ut. Accusamus veritatis quod eveniet ut quia deleniti.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...