I was laid off from my Analyst-I role at a Tech-focused boutique where I had been working for about 10 months. Dealflow had dried up and the pandemic gave them a reason to lay off about 20% of their workforce.
After multiple interviews and hiring freezes in the last five months, I have now joined the valuation team of a Proptech startup. The role involves valuing different types of real estate (mostly residential) using different methodologies including cash-flow based modelling and ad-hoc market research.
Is it realistic to work here for a year, build up better sector knowledge/network and then try for an Acquisitions role at a REPE? Or are there other roles in CRE that would be better suited for me?
I am not completely ruling out the possibility of trying for M&A again in the future but being in my late 20's I am not sure if re-doing an A-1 stint again is the best choice.
Background: Target school Europe, Around 1.5 years of M&A experience including internships, Previously worked in Controlling at a F500.
Looking forward to your suggestions/advice.
Thanks in advance!