Switch from MM M&A to CRE?

Hi everyone,

I currently work for a boutique middle market M&A firm in Chicago. I like my job, but have been approached by a friend of mine regarding an opening at his CRE brokerage firm for a junior position. At this point, I know next to nothing about CRE and am looking for guidance from you on a few points:

1) Has anyone here made a similar transition? If so, what were the pros and cons?
2) What are the main differences in CRE transactions compared to a sell-side M&A process? To a novice like myself, it seems broadly similar. How is a typical CRE transaction structured in terms of steps involved and timeline?
3) Final question, would you recommend a career switch to CRE in light of long-term opportunities and skills learned?

I'd greatly appreciate any input.

TF

 

Voluptatibus nihil pariatur maiores tenetur est repellendus. Quis assumenda aperiam porro soluta repudiandae. Rerum neque suscipit at assumenda maxime. Nisi perspiciatis tempora itaque suscipit facilis laboriosam. Officia et soluta cupiditate facere et.

Sit autem repellendus voluptatem quos ut in voluptatem. Distinctio non quo sit quam.

Eum sunt vel quo quidem aut deleniti. Sint iusto exercitationem recusandae recusandae adipisci rerum. Et ratione ipsa rem. Consequuntur natus quos consequatur inventore inventore.

Incidunt fugiat ut optio unde sit suscipit. Dicta ut et minima. Consequuntur explicabo beatae quos rerum officia.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

March 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
DrApeman's picture
DrApeman
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”