Debt vs Equity Side

Cube-monkey12's picture
Rank: Chimp | 7

I'm currently at a major shop in their Agency Debt origination group and have an offer to move to NYC in an equity placement role for multifamily at another major shop. They're complete opposites but unsure of what the pros/cons are of each. Anybody that has experience moving from one role to the other, any advice or thoughts would be very much appreciated.

Region: 
United States - Northeast

Comments (5)

Mar 10, 2020

I'd need more info but generally equity placement should be more interesting than agency. I made a similar move out of agency and I'm very happy I did.

But you don't want to take too big of a step back in brand to make it happen. Eg hopefully you're not going from Wells Fargo Multifamily group to an unheard of equity placement shop that only does a few deals a year

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Mar 10, 2020

It would be a step down if I were to compare to company prestige, but both companies are top 5 lenders on the debt side. While I do think it would be more interesting, the money on the agency side is much better from what I can see which is the situation I'm inwhich is the current situation I'm inand id be able to grow quicker and make more money faster

Mar 10, 2020

which is the current situation I'm in. More money vs more interesting

Most Helpful
Mar 10, 2020

Agree with the above, equity placement should be more interesting than agency. I left an agency role before my current and it was a good play for my career in general, didn't want to get pigeon-holed.

I can't speak too much to it, but I would assume equity placement may be a bit more stimulating than debt. Dealing with pension funds, endowments, foundations, banks, insurance companies, etc would put yourself in a good position to network into a job one day if you desired.

Is this role with Berkadia by chance?

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