What is the typical trajectory after starting out after college at a large name brand developer? do people just stay and work their way up? or go to smaller firms after a while or other large shops? i get RE has less of a formulaic career path than other fields but just curious about how others have done it!
Trending Content
| +51 | Leave brokerage to be GP | 12 | 7h | |
| +46 | New Comp Database - Google Form (Now with Data Validation) | 24 | 6h | |
| +24 | Seeking Career Guidance in Real Estate Development Post-Graduation | 3 | 1d | |
| +23 | Going out on your own | 4 | 10h | |
| +22 | REPE/Development GPA | 15 | 3d | |
| +21 | Real Estate = complicated + underpaid | 15 | 10h | |
| +17 | MSRE/MSRED with no RE experience; Naive to think I’ll land a job afterwards? | 4 | 4d | |
| +17 | Fisher Brothers | 6 | 8h | |
| +16 | UC Berkeley MRED vs Columbia MSRED? | 2 | 6d | |
| +15 | Spreads over SOFR/UST | 1 | 9h |
Career Resources
Hi capstacked, just because I'm a bot doesn't mean I don't have feelings...I'm hoping these links are helpful. If not, feel free to throw monkey shit at me...
More suggestions...
Hope that helps.
Bump
I think people all three things you suggest..... Developers hire (poach) from other developers all the time, so as someone gains experience, skill, track record, they will have expanding options. If their "large name brand developer" doesn't promote them fast enough, they will probably leave for a promotion elsewhere (could be larger or smaller firm).
From my personal experience, people in development generally don't leave except during large market calamity (like 08 GFC, but those who left pretty much came back a few years later). Also, firm size or even brand isn't all that important compared to project scale/size/cool factor/etc. Clearly, firm culture and ethos can play a big role in whether people stay or leave (i.e. if you are treated well at a well run firm, you may not jump ship to a shithole that pays better, they do exist..)
Any opinions on development shops wit personnel below 20? If they’re doing roughly $400m in new development/year (industrial/light office) is that a solid pipeline ?
sounds like plenty to me!
The majority of development shops (even the outposts of the big corporate guys) are going to have under 20 people actually working on active development projects
I mean, not a single one of our regional offices has more than 20 people. Lot's of regional firms (who do huge/cool deals) probably have less than 20 people total. This is the reality of the development business, not tons of people required to execute deals even into the multiple 100s of millions. So much of the team can be outsourced project by project (architect/engineer/construction/lawyers/consultants/brokers/etc.), that the team can be lean all the way through!
you could quite realistically exit to the hallowed ivory tower of ***REPE*** !!!!
Indeed, all three scenarios happen to people. In many ways, it depends on the specific position and on what people are looking for and what they are willing to do, what risks to take. See how the 25 Year Old Creative branding agency based in Melbourne works. It seems very similar to what you are planning to do, so you can make analogies. The ideas you have listed make sense, but it seems to me that one of the main points will be to do your work efficiently for a long time and rally people around you who will be burning with this idea. Of course, you should get acquainted with more and more people and show what you are capable of.
Perferendis consectetur consequuntur quam assumenda dolores. Quas in unde a rerum est veniam in quis.
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...