Comments (71)

Jul 8, 2019

Dallas is a hotbed for REPE. I don't know of any upcoming, or startup REPE but off the top of my head we have:

Phoenix Capital

Trimont

CIII

CBRE global investors

Crow holding Capital

Thackarey

Invesco

and a ton of others.

    • 3
Jul 8, 2019

ANy General opinion on best culture, room for growth etc?

Jul 9, 2019

No opinion on culture or growth since I don't work for any of those firms.

Feel free to pm me and I can share what I've learned through networking.

Jul 9, 2019

Yes, PM me. I can provide considerable insight.

Jul 8, 2019

Lone Star Funds, Crow Holdings Capital.

    • 1
Jul 9, 2019

TA Realty
Nuveen
Sealy & Company
Clarion
Westmount Realty Capital
Dalfen
Stonelake Capital Partners
PGIM
MetLife
Thackeray Partners
Hillwood
Hunt Realty
Crescent Real Estate
Crow Holdings
Invesco
Banner Oak Capital Partners
Colony
Harwood International
Rockpoint Group

Dallas is ripe with REPE firms. This is a good start, but definitely is not all encompassing. I work for one of the firms above. Feel free to reach out and ask any questions.

    • 5
Jul 9, 2019

FWIW have a buddy at Crow as an analyst & really likes it. Hours are really up and down but seems to be a good place

Jul 9, 2019

Great place for a stable career among bright people. Limited upside due to firm structure and amount of talent they retain due to culture.

    • 1
Jul 9, 2019

I believe there are a number of family offices in Dallas, something you might want to look into as well.

For anyone reading, I moved to Dallas recently and wondering if there's a WSO happy hour or slack group set up?

Jul 9, 2019

dallas chat is small but i will send the link right now over PM

Jul 10, 2019

You mind PMing me as well? Just moved to area as well.

Jul 10, 2019

PM me as well. Thanks!

Jul 10, 2019

Could you PM me that as well?

Jul 10, 2019

Ditto that - PM me please

Jul 11, 2019

If you don't mind sending that link my way also, it would be much appreciated!

Jul 14, 2019

Can you send that to me as well? Thanks!

Aug 7, 2019

Will you please send to me as well?

Aug 12, 2019

Can you add me as well? New to Dallas. Thanks!

Oct 18, 2019

Can you pm me the link as well.

Jul 10, 2019

I work for a family office which manages a series of discretionary REPE funds. What do you do in Dallas?

Jul 10, 2019

How often do you guys get east coast kids working in Dallas? I'm currently at school in the Northeast but this summer is reminding me just how much I love the heat and hate winter. I've loved the Texas cities so far, especially Dallas, and am strongly considering going for a masters at UT when I graduate.

Jul 11, 2019

Looks like a lot of responses regarding the telegram group, if anyone wants to get together for a happy hour

Jul 11, 2019

Can you pm me the info?

Aug 7, 2019

I would

Oct 18, 2019

Bumping this, any other transplants want to meet up? Never set anything up last time around on this..

Jul 9, 2019

.

    • 2
    • 2
Jul 10, 2019

PM @Trunk Yeti for advice - he's one of the better RE posters on this site.

    • 1
Jul 10, 2019

Many of those shops are not what people think they are. Plus, the amount of nepotism is disgusting. It makes me sick when people ask where I went to high school or reply when I ask which city they grew up in "Highland Park". I know tenant rep brokers making $250k+ per year because daddy is an MD in the business and throws them execution layups - like executing a tenant rep transaction is difficult... I can't wait for the correction to humble some of these brokers who think they add value.

    • 2
    • 1
Jul 10, 2019
InVinoVeritas:

Plus, the amount of nepotism is disgusting.

Hah, that's real estate, my man. Just gotta accept it and enjoy when you beat the rich kids.

Plus it's worth knowing some of them. Not everyone with a rich daddy in real estate is a little shit. It's not worth holding their being born on 3rd against them if they're solid people and genuine in their interest and aptitude in the industry.

Takes all types

    • 4
Jul 10, 2019

I went to highschool with a dude who is mid20s and is a now " the Director of Acquisitions" real estate company. They do a good amount per yea but his father is the damn CEO and he doesn't really know much about the intangibles. Just follows orders from his dad and crap. Its crazy what you can find

Jul 11, 2019

salty???

    • 2
Jul 10, 2019

Lol...uh...

Let's try not to out people online...

    • 2
Jul 10, 2019

They're all in the same ballpark.

    • 1
Jul 10, 2019

I heard no one at Crow Holdings gets carry but culture is awesome. I know head of Thackeray personally - they get a nice carry after 3+ years but the culture is very difficult to deal with apparently. MetLife pay should be all over Glassdoor. Hillwood seems to be only hiring analysts and people cycle out. I also heard they are levered up to the hilt. I would imagine some of the big names out of NY with $3b+ or so in AUM pay the best. Family offices are all over the place.

    • 1
Jul 10, 2019
InVinoVeritas:

I heard no one at Crow Holdings gets carry but culture is awesome

I had the luxury of touring Old Parkland and a number of their projects with ULI a few years back, led by the various Crow kids. (70+ year old "kids", but you know what I mean)

Outrageously impressive

Jul 10, 2019

Anyone have experience with Cortland's Dallas office? What is working there like?

Jul 10, 2019

Not sure about Dallas office, but the company is run extremely impressively. I interviewed with them and was shocked with the competency of even the HR people and the way they evaluate candidates. They are an industry leader on the construction side.

    • 1
Most Helpful
Jul 10, 2019

I like your thinking. Just make sure to leave the high-tax politics of the place you're leaving in that place.

    • 8
Jul 10, 2019

As a Dallas resident, I thoroughly endorse this message.

Jul 10, 2019

Amen.

Jul 10, 2019

2-year analyst at a small REPE shop in Dallas thinking about other options. Does anyone have guidance or insight?

Willing to pm my resume.

Thanks in advance

Array

    • 1
Jul 10, 2019

Network, look on linked in who went to school where you went and contact them

Jul 10, 2019

Send me a PM

Jul 11, 2019

How goes it?

Array

Jul 10, 2019

Whats the limit on PMs? Sent 1 and already out?

Jul 11, 2019

I live in Dallas and have been here for 5+ years. Dallas has a great entrepreneurial culture but it's not like coastal markets where you join a large shop and move up the ranks and get carry as you move up. Most of the Private investment shops have a handful of senior people that get carry or equity and don't give this up easily. For junior people in Dallas, I think your best option is working in IS or capital markets brokerage and then either moving into a production role and make pretty good coin or breaking off and getting into your own deals. Or work at a larger shop on the coast and then relocate to Dallas and do something more entrepreneurial. The most successful people in Dallas are self made...meaning they started their own group.

Just my perception but I could be wrong. Either way, Dallas is a great market and I think it's a lot easier to build something from the ground up here vs on the coasts. A lot of opportunity but much lower barriers to entry

    • 4
Jul 15, 2019

If anyone is looking for an Asset management/acquisitions associate role in Dallas, pm me. I know of someone hiring.

Edit: I knew about a lead but this was some months ago. The Dallas market is flush with analyst openings though. Good luck to everyone.

Oct 25, 2019
Comment