Best Entry-Level Track to REPE

What is the best way to break into REPE after undergrad? I was imagining it would entail something with:

-REIT Analyst -Asset Mgmt -Investment Banking -Acquisitions -Masters in RE

Is there a "preferred track" to break in to REPE after an entry-level role somewhere else? Which of these are most common?

9 Comments
 
Controversial

Preferred Track:

Step 1) Slack off in high school. Don't be gay man, a 2.7 is fine.

Step 2) Attend a target HS for greek life. Public school = poor = no bid to any frats at college. Quickest way to screw your life up is to be poor.

Step 3) Attend an SEC school (go for Bama, LSU or Ole Miss) and rush at all the target frats. SAE, KA and DKE are probably the top BBs.

Step 4) Fail all of your classes and be fucked for FT recruitment.

Step 5) Wait until your old man kicks it and inherit the family business white profiting exclusively from family lineage and white privilege.

Step 6) Light up a spliff and hit the dougie

 

Well from threads I've made in the past, it seems like you can't go directly from Asset Management to REPE, it can only lead to acquisitions or investment banking. Maybe others could corroborate this?

 

Yeah AM/Acquisitions are types of roles in PE shops..

For megafunds like a Blackstone or Carlyle.. REIB is probably a must or be from a top target/MBA with a previous RE stint.

Smaller REPE shops I would say being an analyst with a top brokerage shop is right up there for getting in. Lending with a top bank like a Wells is also great.

 

REIB is obviously the best path especially for the bigger REPE funds but if you can get on a top investment sales team in a primary market that works on some good value-add or opportunistic deals then that would also be great experience.

People might think working at a REIT would be a good stepping stone but from what I know and imo it's not such a great starter so Asset Management at REITS I don't think would be as great of a stepping stone.

 

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