Development to REPE - Feasible?
Hi all, I'm a December graduate that will soon be joining a development firm among the likes of Hines / Greystar in the coming month or so in a major Tier 1 market. I am wondering how easy it is to make the transition from development to REPE if I don't happen to enjoy development due to the timely nature of projects, limited deal flow, etc. I am going into this role with an open mindset hoping to be a sponge and really seeking to nail down the fundamentals before anything else. However, I am just curious as to how possible the transition to a top REPE fund would be, if I ever decided I wanted to make such a jump. If I were to move towards REPE, I still would like to play in the opportunistic space.
The team I will be joining is a soup to nuts development team that handles the transaction from acquisition through stabilization.
I've seen many posts where people discuss the transition from REPE to development, but not many that discuss the transition from development to REPE. Thanks!