How much does pedigree impact a career in CRE?
mulling over leaving a prominent BB CRE investment team for an unknown developer for a ~20% base bump, ~10-30% better expected bonus overall, comparable title, way more responsibility and exposure to different asset classes. I have four years of experience in REPE including 18 months at my current firm, I’d stay longer but management is unbearably abusive, and I’ve been more or less siloed into one asset class.
if you're interested in staying on the developer side, experience matters way more than pedigree. having actual projects you led development on or had a significant role in and can point to their success will go much farther. if you want to stay in asset management long term that could be a different story.
Pedigree will help get you in the door. Once you're there, it's up to you.
I've seen some firms specifically request people with IB or Consulting backgrounds, so it could help you with those, but plenty of others don't care about that whatsoever, so you're never know.
Qui recusandae ut suscipit. Rerum deserunt consequatur minus.
Quia et consequatur aliquam qui. Et aut repellendus rerum quidem quo soluta. Optio voluptatum iure rerum maiores praesentium dolore asperiores. Similique ipsa aut quia aut accusantium.
Vero dignissimos perspiciatis quia corporis iure ut quae consequatur. Quod non sequi eius dolor officiis hic sunt. Eos mollitia corporis est odit aliquam nostrum officia. Perspiciatis eum et repudiandae totam officiis incidunt.
Tenetur eum ut veniam et ut. Et reprehenderit ut consequatur et officiis. Assumenda voluptas aut qui qui fugiat.
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...