RE Dev Capital Markets Internship
Hello all,I figured this was the best place to ask since I don't know much about RE. Im a junior at a midwestern non target currently recruiting for summer internships. Ive actively been recruiting for IB but unfortunately struck out for 2022.
As a back up plan i applied to a few regional/local places and came across this Capital Markets Internship at a smaller RE development shop that specializes in multi family homes (per their description).
I had my in person interview with the VP and it was primarily behavioral but he stated that I would be assisting the capital markets team with research and analysis related to capitalizing RE projects with debt/equity partners, build pitch decks, etc.
To my understanding its similar to JLL only smaller scale. Again I'm not very knowledgeable on this industry so looking for some info and advice.
My question is, what are some of the exits, comp structure, career trajectory like and what can i expect from a day to day as an analyst in comparison to someone in IB. I know IB comp structure and promotions are fairly rigid and im wondering if RE is similar (analyst to associate to vp to md)
Lastly, if my goal is LMM/MM IB/PE, is this a career i could potentially use to lateral in?