For a student who is trying to make their way into the REPE world post graduation, are these shops a good move for a summer internship? I have a close connection to a well known regional specific developer.
Any thoughts would be great
| +48 | Being asked to stay behind and train my replacement | 14 | 3d | |
| +45 | New Comp Database - Google Form (Now with Data Validation) | 24 | 8h | |
| +30 | What does REPE actually do? | 12 | 1d | |
| +28 | Leave brokerage to be GP | 2 | 54m | |
| +24 | Seeking Career Guidance in Real Estate Development Post-Graduation | 3 | 11h | |
| +24 | Public Homebuilders | 9 | 1d | |
| +22 | REPE/Development GPA | 15 | 1d | |
| +17 | MSRE/MSRED with no RE experience; Naive to think I’ll land a job afterwards? | 4 | 3d | |
| +16 | UC Berkeley MRED vs Columbia MSRED? | 2 | 5d | |
| +15 | Hospitality Finance - Perks? | 3 | 6d |
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.
What is a boutique legacy developer?
A developer that is small and has developed some trophy level assets but has nothing in the pipeline in the near future.
This is incredibly specific lol
In that case.. probably not great experience if you won't be working on anything
It’s an internship. It’s experience on the resume. Stop worrying. It’s 4 months of your life. Learn and see if you like it. Worry later.
Being a junior in real estate is about 2 things:
I would be skeptical that you will get much experience on the sort of execution work you'd be doing in REPE at a small developer. It might be helpful for your network, but you'd be much better off at a commercial brokerage or other place where you'd get lots of reps of evaluating / valuing opportunities.
If by "can you execute" you mean can you throw together a model and a memo lol
Literally anything is a good move when discussing a summer internship. No one will have expected you to underwrite a deal or be actively involved in a transaction/development project. You're dipping your toe in the water so that when you apply for a full time gig, employers know that you won't need a month of hand holding to understand terms and concepts.
Quis minus voluptas perferendis cupiditate quas. Velit iusto necessitatibus sed. Sint ab sequi rerum accusamus ullam iure. Voluptate quisquam quisquam mollitia dolores officia in neque. Sunt qui dolores ipsum illum ipsam voluptates. Ab aut sed asperiores asperiores iusto nesciunt eligendi.
Quos odio iste repudiandae ipsam. Eaque itaque voluptas sequi. Ut quisquam iure sint eos. Facere quidem voluptatibus in vel doloribus.
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...