Fellow monkeys,
After scouring everywhere with little results I figured I'd ask here. What does the post-MBA comp package at the top real estate developers look like (think Hines, Trammel Crow, etc.)?
Salary Range
Deal Participation
Signing Bonus?
Year-end Bonus? (Obviously variable depending on performance and firm performance but an average of this)
Any insight helps. Thanks guys!
| +48 | Being asked to stay behind and train my replacement | 14 | 3d | |
| +45 | New Comp Database - Google Form (Now with Data Validation) | 24 | 16h | |
| +35 | Leave brokerage to be GP | 7 | 21m | |
| +30 | What does REPE actually do? | 12 | 1d | |
| +24 | Seeking Career Guidance in Real Estate Development Post-Graduation | 3 | 18h | |
| +24 | Public Homebuilders | 9 | 1d | |
| +22 | REPE/Development GPA | 15 | 2d | |
| +17 | MSRE/MSRED with no RE experience; Naive to think I’ll land a job afterwards? | 4 | 3d | |
| +16 | Fisher Brothers | 5 | 3s | |
| +16 | UC Berkeley MRED vs Columbia MSRED? | 2 | 5d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Bump
Search bar at top right. Use it. https://www.wallstreetoasis.com/forums/what-is-your-compensation-in-rea…
For the firms you mentioned, right out of school ballpark is 90-110 base + 15-30% bonus. Getting a piece of a deal at exit varies per shop but would be on top of that as well. Also these are not NY/CA numbers.
@cpgame what are NY/CA numbers?
That's a bit high for Hines, at least in my market, unless the person worked in development for a few years before getting his MBA and then came back
CRE -That is right on the money for Hines in the south. What market are you referring to?
dogedogedoge- Probably slightly higher base with a larger bonus package
Atlanta, but my source could be wrong, purposefully or otherwise
Edit: to follow up on this, I was referring to the base too, geology rocks, as CRE-Finance said
Base seems high but bonus seems in line. I would expect a small amount of carry as well
Et qui et consequatur corporis. Rerum illo eligendi reiciendis consequatur nostrum amet iusto. Aut magnam molestiae nulla sapiente asperiores nihil et dolore. Magnam quis maiores velit hic minima ullam. Voluptate explicabo tenetur ipsum aut officiis illo impedit voluptatibus. Adipisci dolor quibusdam debitis et incidunt voluptatum. Consequatur quos molestias exercitationem illum.
Molestiae voluptas id ea voluptas perspiciatis vel. Nihil explicabo repudiandae et quidem consequatur magnam. Rem reprehenderit vel voluptates veniam nam. Perferendis incidunt est molestias voluptas. Vel dignissimos ratione voluptatibus non id omnis magni harum.
Odio facere accusamus aut illo sequi amet qui. Iste non velit sapiente molestiae ratione voluptatem. Eos corrupti consequatur soluta et architecto et incidunt. Aliquam magnam et voluptatem nulla. Aut dignissimos repudiandae quae sit dolores officiis. Inventore commodi dolorum 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...