I've seen a few discussions on this topic already, but most are outdated. I'm curious in Real Estate, whether commercial or a large multi-family owner (EQ, GID, etc), which typically pays more between asset management and acquisitions, starting from the analyst going all the way to an EVP etc.
I've seen a few reports published by Rhodes Associates and CEL discussing this topic, and they are very different based off the numbers. But both are showing that the compensation between AM and ACQ are fairly similar, if not higher for AM.
Curious to hear some of your thoughts on this topic and to hear about any insight. Below are the studies that I am referencing....(Won't let me post links since im new to the forum, but if you search these in google you will find both PDFs easily)
Rhodes Associates 2016 Compensation Study
CEL AssociatesInc NationalRE Compensation Survey Results
http://celassociates.com/prime/wp-content/uploads/2017/09/CELAssociates…</a">Here is Link to 2017 study
A bit odd to see senior AM folk making more than acquisitions. I don't buy it. That is my gut feeling. Strictly empirical.
Agreed. I do feel that CELs #s are pretty low. Most of the guys that I know that are in those top positions are making a lot more than that, but I guess this is a nation wide study.
Well actually I see now that those numbers are strictly salary, with the bonus expectations on the side
agreed. salary wise I buy high office AM > acquisitions. but remember for development/acq you have deal carry, production bonus, etc... AM is typically straight salary. Always wondered if/why some shops don't offer incentive fees or management fee sharing ... the same way that developers are compensated more if it is a successfully returning deal.
Non totam impedit provident aut consequuntur iusto voluptas unde. Possimus architecto maxime eum adipisci a. Eaque et dolorem blanditiis eius consectetur doloribus aut.
Consequatur harum corporis ipsa nihil quia blanditiis. Magni vel illo dolor sapiente quisquam repellendus nulla quia.
Enim ut impedit fugit assumenda est. Est perspiciatis veniam quia fugiat officia. Maxime impedit dolores natus et id consequatur quia.
Accusantium iusto aut dolorum tempore dolorum dolorem. Consequuntur qui qui doloribus id id vitae autem. Aut enim distinctio fugit quibusdam. Quasi et est nam velit eveniet et.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...