I'm interested in learning more about a career move to **multifamily **asset management. I've tried to search but haven't found much on this website.
- Life on the job
- Compensation (I checked out CEL Associates Report but it is difficult to decipher. For example, Top Multifamily Asset Management Executive = $231,600 salary + 77.2% bonus = Total of $410k. How much experience does it take to get to that point? Is that someone with ~15 years experience in their mid to late 30s with a lot more room to grow? Or is this someone in their 50s, essentially meaning this is where you top out? Also, do multifamily AM guys get any carry that is worth mentioning later in their careers?)
- Work/life (I assume this is probably one of the best work/life positions in the CRE world, but can anyone chime in with more details?)
- Best places are to work
Any info would be greatly appreciated.