What is everyone's opinion of: Castellan Real Estate Partners

Question

I see these guys posting from time to time on the cornell-baker board. 
What kind of shop are they exactly? What is their reputation? Analyst/Associate comp? Exit ops? Would you want to work there, etc?
Cheers!

ForeverForward91 · Accepted Answer

Worked at Castellan for two years straight out of school as both an analyst and associate. As far as exposure goes, it was a great platform to learn, with exposure in acquisitions. dispositions and lending. While they can be a little detached from the day to day, Paul and John are good guys. When I left, the investment thesis on the acquisitions side moved far away from the rent stabilized product and more towards market rate product, still with an NYC focus.

inspiredanalyst · Answer

interviewed with them about a year ago. like the person above said, small 4 person shop with an emphasis on multifamily.

caveat here is they acquire rent-stabilized deals in NYC.  because its a small shop, you'll be doing a combination of acquisitions valuation along with "active" Asset Management for the property.  meaning, you'll be part of the operations team that'll help the landlord realize its potential rent in the stabilized units.

JimboUSC · Answer

interviewed with them a year or two ago, like 3 or so man shop at the time. seem to make investments in northern manhattan in outer boroughs. I'd imagine exit ops are limited to multi-family shops only and doubt comp is very competitive, but that was my sense when I met them. Nice guy though. Just my two cents.

RESC · Answer

Paul's a good guy, you'll get solid experience at an analyst level if you want to do multifamily long-term.  They are expanding pretty quickly.  Only problem is that the comp probably isn't that great and you're paying Manhattan rents.

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What is everyone's opinion of: Castellan Real Estate Partners

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What is everyone's opinion of: Castellan Real Estate Partners

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