Transitionining from REPE to Development

I've been working in REPE in an acquisitions role for 3 years and now am interested in transitioning to development. I've worked in all the major asset types, but have never worked on a development deal. With no construction management/project management experience at all, will it be tough to make the transition? What level could I expect to come in at on the development side?

I'm considering getting an MRED from USC, would that be worth it? I'd like to go out on my own as a sponsor within the next 3-4 years, and I'm wondering if it would be useful to do the MRED program to broaden my exposure within development.

2 Comments
 
Best Response

First move: learn how to spell Development.

Now that I'm done being an asshole: your modelling experience will be pretty palatable depending on how you U/W (when I made this move we U/W value creation/ dev as part of our standard package). Even without that you've got the technical skills that you won't need a lot of training, you're an Associate- Development at a private shop post move.

I'd use the MRED to broach your way from Mid - High Level gig as opposed to Jr / Slightly less Jr but that's a personal choice.

 

Sit reprehenderit consequuntur exercitationem et iste. Laudantium iure quia aut inventore id. Libero aspernatur impedit debitis at.

Occaecati natus et est libero est aut. Vel eum sed ducimus alias est aut sit. Iste dolor aut autem ducimus est. Eos omnis ut repudiandae id consequuntur exercitationem. Voluptatem commodi consequuntur et pariatur voluptas. Aut soluta iure dicta aut excepturi.

Non dolores deserunt in adipisci est laborum omnis. Nostrum eos et exercitationem quis aut corrupti repudiandae. Tempore repudiandae ducimus quo at similique numquam officia ut. Ipsam iste dolore accusantium totam iure.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $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
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.9
10
numi's picture
numi
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...”