Currently a senior associate at a GP/LP hybrid firm working on acquisition/development and thinking of pivoting out of traditional real estate to touch on broader asset classes (i.e. investing in not only CRE but also infra /climate tech etc at a fund with broader mandate).
Has anyone taken this path before? Do I need a MBA to make this transition? Honestly don’t care about ROI that much I just need to learn more given acquisitions are dead anyways.
| +69 | Hiring Analyst/Associate - Advice | 31 | 17h | |
| +44 | Current CRE Phase | 19 | 2d | |
| +38 | Laid Off - Multifamily Acquisitions Help | 9 | 11s | |
| +26 | Capital Formation | 9 | 3d | |
| +26 | Best Brokerages in South Florida | 18 | 1d | |
| +25 | PART 2: Increasing RE Industry's Cash Compensation, Collectively | 1 | 4d | |
| +23 | URGENT - a list of Halal/Islamic real estate funds and investment companies for potential applications | 9 | 14h | |
| +23 | NYU MSRE Program | 7 | 3d | |
| How many days a week are you expected to be in the office? | 23 | 13h | ||
| +22 | UK Development | 4 | 20h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Would your firm take someone who worked in corporate PE and doesn’t know what “in-place NOI” means or the difference between Net Effective Rents and Gross rents? Prob not. A guy from corporate PE would be smart, but he wouldn’t know basic stuff like what a GMP is or how fast multifamily apartments typically lease up.
Same could be said for you going to Infra or clean tech. If you’re like 2 years out of school, you could pull it off but you’d basically he starting from scratch. MBA seems possible but also not super likely. In a weak job market, you’ll be pushed back towards RE roles. I think a good option would be Infra IB and then pivoting to infra PE. IB always needs bodies because the job sucks
What are your thoughts on moving from a P3 developer to a more traditional development role?
I’m actually in the opposite position as OP. Currently working for a infra developer looking to switch into a traditional role. How difficult do you think that would be?
After I took a step back from posting as much as I used to, redever stepped up and was a huge source of information.
In all seriousness though, what you're doing is niche enough to not have a "road map." Start talking to firms that do what you want to do and see what they look for in candidates. Maybe certain firms require a MBA. Maybe others don't. You have to get down into the details to find out.
What about the opposite move? Moving from a P3 developer to more traditional development.
Yes. Just a matter of you acquiring the knowledge to be competent and finding the right hiring manager that sees the parallels in what you do and what they do.
Exercitationem at minus alias et eveniet quo id. Assumenda et blanditiis cumque provident animi rerum. Voluptatum impedit accusantium et velit. Et voluptatum consectetur libero mollitia. Est omnis suscipit expedita molestias voluptatem perferendis labore nisi. Necessitatibus voluptas incidunt repellat sint vitae esse itaque culpa.
Ipsum voluptas nihil voluptatem quia neque nihil blanditiis. Est quia autem modi quis quia officiis reiciendis. Minima voluptas quidem soluta esse perferendis porro. Dolorum voluptate vel officiis qui. Amet reprehenderit modi autem placeat maiores.
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...