Changing careers to RE (PE/AM or both)

asc_fic's picture
Rank: Senior Monkey | 74

Hi All,

I currently work as an Associate in S&T Capital Markets covering Fixed Income Institutional clients on the sales side. Over the years I have gained a strong appreciation for real estate (through a little bit of capital market txn and personal endeavors). Is there any possibility to move into real estate acquisition style roles with my experience? Should I think about pursuing a graduate degree to bridge that gap or would a real estate modeling course work as well (Urban Lands or REFM)?

2-3yr: middle off debt capital markets
3yrs: CDO/CLO modeling (1 major RE txn)
3yr: current role (a few ABS and MBS txn)

So, currently about 8th year in my work experience. All in I make what an associate should. But if I move to RE, will I have chance to first even break in and if so any possibility to keep current salary range of an Associate (150-200k)?

Thanks very much.

Comments (3)

Aug 5, 2019

Hey asc_fic, I'm here to break the silence...any of these links help you?:

  • From Private Equity Associate to VP in Private Equity to Become a PE Associate Before we tell you anything else, understand that private equity recruiting ... know is right here. Private Equity Job- What Do PE Associates Do? PE associates' days are ... investment banking to private equity. I Invest-
  • AMA: Fundraising for Private Equity, Cap Intro & Investor Relations Career Paths do you have for me? I'll do my best to cover / answer them all. WSO Podcast: Private Equity ... Fundraising, Cap Intro & Investor Relations Career Paths Member @earthwalker7 joins us again to give the ... IR at a couple PE shops (1 successful, 2 not) and was head of cap intro at a BB ibank. What questions ...
  • BB Cap Markets to Leveraged Lending. Good career move? I'm about 2 years into a BB Capital Markets stint and recently got an offer from a leveraged ... thoughts? Not sure if its an ideal opportunity, but feel like its better than vanilla cap markets and ... lending firm (think CIT, AB Private Credit, Antares, Ares, Golub, NXT). While I like the hours, comp and ...
  • Investment Banking to Private Equity- 6 Things You Should Know seat is completely different. 2. Why not try to become an associate at the IB you're at? There are ... necessarily feel that way. For example, if you move to a distressed hedge fund, you're a distressed hedge ... you could recruit for both easily. 3. Are PE firms that much more competitive to get into where you ...
  • HELP! NEED GUIDANCE ON NEXT POSSIBLE CAREER MOVE. time and look forward to see what your take on this is. Thanks! private equity Real Estate hedge fund ... 2 job offers but need some guidance as to which would provide the best career track? Job A Small PE FoF ... transferable to the REIT /real estate side of this business. Other responsibilities include mana
  • Moving from Big 4 into VC/PE- Career Switch to expect post the graduation? Thanks venture capital BB Private Equity ... diligence,valuations, and due diligence (am a manager now). Currently, am considering an MBA to switch my career into ... private equity. I have 2 questions: 1) What MBA to go to, Columbia, Berkely or Cambridge.....? 2) What
  • Texas Cap Rates places to invest in real estate, in the world. Cap rates reflect this. The more capital that wants in ... commercial real estate being priced for a zero growth environment? Texas Cap Rate Compared to NYC Cap rates ... baseline market cap rate implies a certain level of appreciation, because b
  • More suggestions...

Hope that helps.

Aug 8, 2019

Many people have done what you're contemplating via a master's degree; probably Columbia is a smart move.

Most Helpful
Aug 8, 2019

"The three most harmful addictions are heroin, carbohydrates, and a monthly salary." - Nassim Taleb

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