Returning Internship at CRE Brokerage vs. Acquisitions at Development Firm
I know there are lots of threads on here about REIB vs IS Analyst roles and getting into REPE. I was curious as to peoples thoughts on development acquisitions versus IS analyst.
A little background: I interned last summer at a large CRE brokerage, mainly focused on Industrial properties. I had a great time and found it really interesting. I have a return offer there for next summer. I also have an offer to be a SA in acquisitions at a mid-sized West Coast development company.
Ultimately I'd like to transition into REPE.
Any advice would be appreciated.
Take acquisitions role. IMO, nothing beats buy side experience for REPE
Much appreciated, doing my best not to screw it up. aha
tell the brokerage you are interested in exploring other realms of CRE, keep that door open and spend the summer at the development firm. You extend your network, learn about development and I almost guarantee the brokerage would take you back FT if thats what you want
No question for me. Buy side all day.
Acquisitions is the pinnacle of the industry. It is essential for all aspects. Unless you know you want to be a commercial broker, take the acquisitions offer. Don't burn bridges but it is far better experience for REPE.
Don't make me argue with you over petty differences
Haha for our own sake let’s make this as “resolved” lest certain trolls smell this chum from their dorms.
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