Cumming Corporation

Hey everyone,

I really appreciate the great info on this forum. I'm looking at an opportunity to be a Project Engineer/ Coordinator at Cumming Corporation in a major market (LA/SD.. my name pretty much narrowed that down). For reference I am currently an Undergrad Student and my end goal is Development. I've talked to them extensively and looked at their website/ Google. Would appreciate it if anyone has information on this firm regarding any of the following:

  1. How much ground up development do they do?
  2. Does this seem like a good place to work in terms of "deal flow"/ projects they undertake?
  3. Does starting here seem like a good place to be? My end goal is development. I have a decent grasp of RE Finance but would probably end up doing USC MRED anyway if I can get in.
  4. Also have a possibility of working as an analyst at a big brokerage (NKF/JLL/CBRE), was given advice from a developer to go construction route since I "seem like I can learn the numbers myself".

Any and all information would be helpful. Thanks in advance. Big shoutout to @CRE" , @MonkeyWrench" , @The Duke of Wall Street" , and @REPE God" for the info you all keep posting too.

 
Most Helpful
  1. They erect quite a bit.
  2. Really good flow here, in fact there's so much that you have to worry about fatigue/chaffing.
  3. Good place to start, like anywhere, you have to work your way up from the base to the top of the shaft.
  4. Why go out for hamburger when you have prime rib at home?

Sorry I couldn't resist - in all seriousness, pretty good shop. Haven't worked with them directly but I've heard good things. I'm a big proponent of path of least resistance, so if your end goal is development, I think that sets you up very nicely for that. I agree with the developer, you can probably learn the underwriting relatively quickly/simultaneously with the construction as that is very detail-oriented as well. I usually tell people to go to the brokerages to give them flexibility/optionality while they are figuring out what to do or to break in, but in my mind if you want development then taking that role effectively lets you skip a step. A couple of the guys you mentioned have a better development-centric perspective than me, however.

Also, think these guys are heavy entertainment/hospitality themed IIRC, so just make sure that's something you could see yourself being interested in.

"Who am I? I'm the guy that does his job. You must be the other guy."
 

Really appreciate you taking the time for all of this helpful information! I believe another post said you’re in SoCal as well, so if there’s anything I can help with please feel free to reach out to me. And yes, I really am interested in hospitality and entertainment so this seems like a perfect fit. Thanks for the input.

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

I tried applying there but I went to a non-target preschool (think small local mom and pop shop). I didn’t have any internships either. It all went downhill from there. I went to a public elementary school (not even “Public Ivy”) and just did my own startup stuff (selling gum, candy, etc.) but no real finance background. By middle school I finally got into lending (no underwriting experience but solid deal flow nonetheless, think as a loan originator) where I would source deals, loan them capital (small stuff $10-50) at 20% interest compounded weekly. Was a sweet gig until the principal went all SEC on me and shut down the entire shop. By the time I went to public high school (again not even public ivy) I had no internships, no real estate experience, and was overall not a great candidate. Wound up going to a state school for college and here I am, unable to even get a call back from Jizz On Yo Face, LLC.

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

socalre I don't know enough about Cummings to provide any meaningful advice. I would reach out to some people at competitors: AECOM, McCormick, Whiting Turner, etc and get their insight as to whether your goals are achievable. There are plenty of people who have pivoted from construction to development though so you're on the right track.

 

Appreciate your advice and input! I will reach out to them and get more info about them.

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

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

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