Interested in a role in Development/Acquisitions (Baltimore/DC Area)

I've been in real estate in one form or another for 5 years. Looking to transition into a role in development and acquisitions. I recently went and got certified for Argus on my own. I would like to find a role with a company that has a solid track record and training program. I have been apart of family run companies and they have not been a great fit. Looking for any connections or help regarding what I should be looking for or whom I should reach out to in the Baltimore/DC/Northern VA markets. Thanks for your help!
-Michael

 
Most Helpful

I have been out of that market for a little while but from what I recall.

Development (Baltimore) - The Cordish Companies, Beatty Development, Greenberg Gibbons, Sagamore Development Company, ZAHLCO.

Development (DC) - JBG Smith, Penzance, Carr, Peterson Companies, Douglas Development, Lerner Enterprises, Federal Realty Trust, Bozzuto Group, BF Saul Companies

Investment Sales - Eastdil, HFF, CBRE, JLL. The usual suspects. I'm not sure which of these firms have a bigger presence in either of those markets.

 

Got it. Not to discourage you, but I think you need to tamper your expectations a bit with respect to a training program. I can't really think of any shops besides maybe JBG, Tishman Speyer, CBRE and some of the bigger banks that have a formal training program per se. However, here's a list of some of the bigger multi guys in town that have established capital partners and probably a more well-defined execution process/framework: Bozzuto, Kettler, PN Hoffman, Monument, LCOR, TCR, FRIT, Insight Partners.

 

Great list, tagging on to the resi side with some DC groups including, AVB, EQR, Greystar, Wood Partners, Camden, UDR, Foulger-Pratt, Forest City, Woodfield, Carmel Partners, Mill Creek.

For Baltimore, Harbor Group, Continental Realty are the only two I can think of that haven't been mentioned already.

Also of note, both CBRE and JLL's DMV multifamily teams are headquartered in Baltimore, but both have an office and brokers in DC as well (i.e. most of their analyst folks are in DC, but you could probably swing working out of Baltimore).

 

Qui exercitationem quaerat tempore ab. Porro fuga voluptas est quo atque enim quibusdam. Aspernatur quisquam voluptatem molestias. Tenetur deserunt accusamus recusandae blanditiis corrupti sit. Exercitationem doloremque eligendi debitis ut. Dignissimos neque suscipit dignissimos similique laudantium odit exercitationem. Ut saepe sit ullam ducimus.

Omnis numquam in et deleniti similique blanditiis dolorem. Voluptas maiores magnam debitis sit nisi ipsum. Qui distinctio voluptatem consectetur nobis nostrum. Debitis explicabo aut quia sed.

Array

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

March 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”