List of REPE firms that hire from undergrad level?

BlackNRed's picture
Rank: Chimp | 8

Hey Guys-

Saw this topic being brought up in a recent post and thought it would be a good idea to create a thread for it. Recently just completed a Equity Research internship in NY at a major bank covering REITs and was looking into applying for a few large REPE firms as my senior year is coming up in a couple of weeks.

Can anyone think of some names besides your major Blackstone / Starwood / Tishman type of guys

Comments (20)

Aug 15, 2016

Morgan Stanley, Goldman Realty Management, Deutsche Bank Special Situations, Grosvenor (Although they are more core than opportunistic) Note: This is for Europe Europe. I'm going into my junior year as well and would be very interested to hear of any other places that hire undergrads/run analyst programs!

Aug 17, 2016

JP Morgan Asset Management is another one that hires straight from UG.

Aug 17, 2016

Do you know much about their strategy is it core or opportunistic and would your chances of placing at a large REPE fund be better served in the RE IBD division of JP. M? Also Parella Weinberg hire analysts and I know they have a top 50 REPE fund.

Aug 18, 2016

My experience with them is core (with <50% leverage). I'm sure they do other stuff too though. I would already consider JP Morgan Asset Management a very large fund but I think you mean moving to Blackstone or something. If you wanted Blackstone then yes REIB would be better. If you want a normal single asset buyer type of fund then IMO JP Morgan Asset Management would be much better than JP Morgan IBD, simply being you would have been doing the exact some job.

Be careful with REIB though if you actually end up wanting to do acquisitions. I've seen a lot of REIB guys end up doing finance (non acquisition or asset management) roles at REITs and other jobs like that. My point is if you want to be in acquisitions and you get an acquisitions job then take the job. Also, when I say REIB I mean corporate REIB (DB, CS, BAML, GS, etc.) not HFF / Eastdil / CBRE.

Aug 17, 2016

I would target REITs in your search as well - you literally covered them, they hire plenty from UG, and the switch to a fund would be relatively easy.

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Aug 17, 2016

Heitman, Jamestown, Walton Street, Rialto, AEW, LaSalle, Canyon Capital, Prudential, Harrison Street. I think Clarion does. You can probably just pull up a list of top firms and look up analysts to see who started straight from undergrad.

Aug 17, 2016

BX, USAA Real Estate, CIM Group to name a few others

Aug 18, 2016

short answer: all of them.

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Aug 18, 2016

I doubt anyone unless they are unbelievable well connected would get into the likes of Westbrook Partners etc. straight from undergrad.

Aug 18, 2016

That's the long answer.

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Aug 18, 2016

Check out Hirshmark Capital

Aug 18, 2016

If I don't get a silver banana for my REIB vs. Broker post that took 30+ minutes. I'm quitting the site.

Aug 19, 2016

LOL just saw this after i SB'd.

Aug 19, 2016

Thanks bro

Sep 11, 2019
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