For acq analysts and associates: how many deals have you personally been underwriting and closing a year recently?
Likely to be a lot of grey area here depending on your definition of "underwriting", but let's just say at a minimum it means having a model done and can support all the assumptions, but not necessarily gotten into DD (e.g., for an office deal, haven't actually gotten lease abstracts or leases so going off an OM or whatever the seller feels like sharing).
Given pricing and general apprehension about reaching for much, it feels pretty slow and I want to see if it's just me. I'd say closing like 2-3 and underwriting 25. Quick reviews, napkin math and quick no's on the rest, which is probably a handful a week.