I will start my first day in a small multifamily REPE firm (Current AUM $300M) in two weeks. My position is Financial Analyst/Junior Asset Manager and during the interview they had expressed the possibility to go to Acquisition side if I do well (They currently have a senior associate who is doing the acquisition work and would like to have somebody within the firm to work with him when the portfolio is big enough. My job content would be 25% support Investment Team and 75% support Asset Management Team.
Some backgrounds about me: Total 3 years underwriting/modeling experiences for Multifamily Developer and Commercial Brokerage. Bachelor in Accounting/Master in Finance, sitting for CFA level 2 exam in June.
Since I've never done asset management, my question is how can I do well? To be more specific, for you guys who have experience in asset management, what would you wish to know when it was your first day? Is there anything I should build up from day 1 so I benefit it in the long term? For guys who have experience in both Acquisition and Asset Management, what are the transferable skills and what other skills/advises should I know that would help me to make the jump easier.
Any comments/advises are welcome. I really appreciate your time.
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