A friend of mine recently inquired about a job at a real estate start-up along the lines of WeWork, Crowd-Street, etc. He is curious if working for a non-institutional start-up, in the RE Investments arm will add just as many feathers to his cap as working in Acq at a REIT or REPE shop. Deal flow is robust and diverse (credit, equity, everything in between).
Would a REIT or REPE shop look down at someone with this type of deal background as opposed to someone who works in a more traditional, institutionally backed shop? For what its worth the deal experience at the start up will be greater than that of the institution they are currently at (not on deal team and can't lateral internally).