Analyst Role -- Lodging and REITS
I just got an offer from a really small shop, 3 bankers, who cover the Lodging/Equity Reits/ Mortgage Reits space. They do pre-ipo advisory, M&A, capital raising, etc. The bankers backgrounds are from MS, JPM, Lehman, CB Richard Ellis, etc.
Should I seriously give this offer some thought? How big is the area in real estate investment banking? Are there alot of exit opps coming out of it? I have been out of college for a few years working on the buy side, so this offer was out of the norm. IB always interested in me, feel it's an area where you could learn a lot but not sure about working for a small shop, covering reits,exit opps, how big banks view that etc.
What do you guys think?
How active are these guys and how large are the deals? I think it depends on where you want to end up (buyside vs sellside)
Maybe I'm just cynical, but these are strangely broad questions coming from someone with "years" of "buyside" experience. These answers seem obvious.
Having said that, treat it as any boutique i-banking experience. Exit opps would be industry-related (in this case, RE), and you would probably not be looking at the sexiest and biggest exit opps ... just like if you worked at a healthcare boutique you would probably not be looking at a "megafund" HF or PE shop as an exit opp. But yeah, since you mention big banks, I'm sure you could move to a bigger bank as an exit opp if you wanted to stay in banking.
Analyst Role- Lodging and REITS (Originally Posted: 12/22/2014)
I just got an offer from a really small shop, 3 bankers, who cover the Lodging/Equity Reits/ Mortgage Reits space. They do pre-ipo advisory, M&A, capital raising, etc. The bankers backgrounds are from MS, JPM, Lehman, CB Richard Ellis, etc.
Should I seriously give this offer some thought? How big is the area in real estate investment banking? Are there alot of exit opps coming out of it? I have been out of college for a few years working on the buy side, so this offer was out of the norm. IB always interested in me, feel it's an area where you could learn a lot but not sure about working for a small shop, covering reits,exit opps, how big banks view that etc.
What do you guys think?
Aut ullam provident facilis enim. Aut asperiores in inventore temporibus sunt. Et consequuntur iure aut qui sapiente porro. Repellat perspiciatis culpa qui neque.
Suscipit repellendus quidem quisquam tempora. Quasi nihil aut qui. Nesciunt veniam maxime eos voluptatibus asperiores qui ab quos.
Sequi dolor eveniet vero esse. Ipsam eaque et aliquam dignissimos molestias recusandae ut. Eos error asperiores voluptatum odit enim. Saepe consequatur aut fugit aut sapiente natus in.
Animi voluptas vel quae praesentium fuga possimus quibusdam. Sed reiciendis et soluta blanditiis quis. Minima vel veniam deleniti.
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...