UG GPA effect on MBA/top 50 REPE opps

Hey all - I had a GPA slightly below 3.0 out of a top 15-20 UG B-School and have recently finished 3 yrs in a RE consulting role, a job I earned strictly through networking in school. Throughout my job search, my grades ultimately came in-between great acquisitions roles at some of the top players (REPE 50), even after passing modeling tests, countless interviews/superdays, etc. However, I recently landed a solid role within a RE AM group at a well-capitalized firm which mainly acts as a capital allocator. My goal though, is to end up on the acquisitions side which excites me.

I was wondering (a) when will grades stop preventing me from making the jump to acquisitions and (b) how will my transcripts be viewed in a few years when applying to MBA programs despite being 7+ years out of UG?

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