Real Estate Finance / Structured Finance
Anyone here work in this industry or know anything about it? I'm referring to MBS/CMBS structuring. Any knowledge on what it takes to get into these jobs? Thanks.
Are you in college?
I'm also curious as to how to get the job? Many years of banking in another group?
One surprisingly good option is to go with an accounting firm...PwC, E&Y and D&T all have structured finance groups that are transaction based (actually doing due diligence and modeling for CMBS, CDOs, ABS, etc.)...it is excellent training, lots of interaction with IBs and many of those groups hire out of these advisory groups
I have also heard that working for a rating agency is a good entry point, but don't know much first hand about that...
i have a friend who works in a cmbs structuring group. worked in real estate before hand. you can get these jobs out of analyst programs though...
Worthwhile Expenditure.
I'm out of college now.. been out for about a year. I have the Real Estate Finance textbook from Wharton that I'm studying, but I'm not sure what else I can do to prep. Seems like a great industry though, very interesting.
What's the best option in these groups? ie. Structuring, Underwriting or origination? I know a lot of the groups allow analysts one of the above opportunities.
On the private side all three of those go together, no? I'm going into structured finance and my job consists of both originating and structuring the deals, and obviously the underwriting is the whole point. The sales guys handle the actual selling and pricing, but as the structurer you have to work closely with them until the deal is executed.
Maiores saepe voluptatem dolores sed sit. Ipsum eos rerum recusandae ipsa. Cupiditate maxime et quaerat est qui quos ea. Dolorum nisi iusto qui eveniet aut et eius at.
Omnis in vel in. Sint est fugit aliquid. Excepturi beatae est mollitia temporibus commodi ducimus architecto. Consectetur sunt sunt delectus. Blanditiis inventore eum non at illo ad.
Sed minus blanditiis saepe velit saepe et. Et accusantium unde sunt similique.
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...