Would an MBA provide any value to me?

I am currently an investment analyst for a mid-sized development firm with about 2 years of total experience, and 1 year of real estate experience (at current firm). I currently focus on underwriting, research, anything analytical, etc. across a couple of asset classes. While I focus on finance, I am also getting exposure to development/project management, asset management, capital markets, etc. I am basically the only junior-level analyst so I help out in different areas. Pay is good (~100K all in in a MCOL) and I feel there is good upward mobility, at least for a while.

I am also considering an MBA at a top school (T15 more or less) in a couple years (starting fall of 2025 or 2026), but the more I look into it, I do not really see much value from a career advancement perspective. It seems that top developers (Hines, Related, Greystar, TCC, etc) hire from top MBA programs, but the pay isn't that glamourous ($150K - $200K). I feel like I will be at least equal to that pay if not higher in 4-5 years.

However, if I want to break into a top development firm, will the MBA help? Or will 4-5 years of work experience at a respectable shop be preferred?

Overall, my bottom-line question: is an MBA worth it if I want to stay in the same field (real estate development)? Also, does a top MBA help you move up the ranks quicker in development firms? For example, does it help you reach director/managing director/C-Suite?