Pages

Private Equity Interview Course

  • 2,447 questions across 203 private equity funds. Crowdsourced from over 500,000 mem.
  • 9 Detailed LBO Modeling Tests and 15+ hours of video solutions.
  • Trusted by over 1,000 aspiring private equity professionals just like you.

Comments (432)

Feb 26, 2017

I'm not on the hunt, but have observed the market for Analysts/Associates is explosive right now. Can't speak to more senior positions.

Feb 26, 2017

I'm seeing similar things as well , sometimes I go on selectleaders and there's like 15+ positions posted in a day for analysts/associates.

Apr 7, 2017

Can't say the same about jr roles up in good o'l Canada right now

Apr 27, 2017

ya .. exactly dear .. :D

Feb 26, 2017

I have no problems getting interviews, competition must be fierce because I make it into finals rounds/case studies/modeling tests and I have missed out on 2-3 jobs I really wanted. For every position I have interviewed they always say wow, you did so well to get here we literally got 100-200 applicants.

From experience I believe most companies require Argus and some end up telling me they have excel templates(which would be no problem anyway). So there you go young guys or anyone looking to break in.

Learn More

Side-by-side comparison of top modeling training courses + exclusive discount through WSO here.

Feb 26, 2017

where are you seeing these postings? Or are you going through recruiters/personal network?

Feb 26, 2017

I've done cold emailing, personal network, selectleaders, indeed

Feb 26, 2017

What level jobs are you looking at that are requiring Argus.. Analysts/Associates?

Feb 26, 2017

I recently interviewed for two positions that wanted 3+ years of experience when I only had two years and got offers from both firms.

Feb 26, 2017

What part of CRE?

Feb 26, 2017

A multifamily equity fund and lifeco lending.

Feb 26, 2017

How are certificates viewed in the industry? I know NYU discontinued theirs but I know Fordham just came out with one at their RE center.

Feb 26, 2017

Waste of money when you could be spending the same money on credits towards a degree.

If you are trying to break in, it couldn't hurt if you don't have any experience. But if you are coming from undergrad, then a better GPA would be more helpful.

Feb 27, 2017

My experience echoes C.R.E. Shervin's in that I'm getting tons of traction but can't seem to lock anything down. It might be too early for the firms, even though it's crunch time for us, so we'll see.

Everyone else - don't get too caught up in analyst vs. associate. It means a whole lot less in real estate, and while some companies follow the analyst -> associate model like in banking, in others an analyst at one firm is the same as an associate at another.

    • 6
Feb 26, 2017

Every firm I have ever interviewed with seemed to have a very informal recruiting process. Are you in an MBA program or MSRE? I would also agree that titles are not as important in RE and add that there seem to be less titles that were created to be "promotions" that go along with a bump in pay.

Feb 27, 2017
maineiac42:

Every firm I have ever interviewed with seemed to have a very informal recruiting process. Are you in an MBA program or MSRE?

MSRE. I will say a lot of the big REPE firms have a more formalized recruitment process, but the development firms I'm targeting are anything but formal in recruitment.

    • 3
Feb 27, 2017

Lots of interviews, no offers as of yet.

    • 1
Feb 27, 2017

Have definitely seen an uptick in analyst / associate roles within the past few months. Would be interesting to see if people added more color what types of jobs they are looking for / what their background is.

Feb 27, 2017

Going off this topic, since RE is such a relationship based business, what's the stance you all take when going to interviews while taking time off work to do so?

I know of people who have spoken with their firm mentioning they are looking to transition and are open about leaving which could go 50/50 depending on your relationship with your boss, and others who usually say the dentist/doctor apt routine and don't mention anything until they have an offer on hand.

Feb 27, 2017

Big no no to rat on someone interviewing with your firm even if you're buddies with his/her boss. That is just ultra shitty. That being said, I would always go doctor/dentist, but I would be upfront about going to grad school and at least talking through that with your boss, again depends on the nature of your relationship.

    • 2
Feb 27, 2017

I'm not really in the market to switch jobs, but I often (twice a month or so) look at the Linkedin, Indeed, SelectLeaders, et al postings in the D.C. area (it's a really good way to gauge the market) and there just isn't much, especially in the more senior levels. Really shows that this industry--really, real estate and finance in general--is a pyramid industry where there are lots of junior-level positions but very few senior-level positions. In other words, you'd better damn well be prepared to be an entrepreneur if you enter this business because the high paid salary jobs are few and far between.

Feb 28, 2017

Agree. People get into those top spots and stay there for a long time.

And on the off chance a senior spot does come up (director or above), it is so often an internal or network hire that you almost don't have a chance otherwise.

    • 1
Mar 29, 2017

This may be completely morbid (actually it is) but this is a problem through every industry(banking, medical, real estate) because baby boomers just won't die -_-

  • they plan to work until they are 90 and die at 130. lmao
Feb 27, 2017

Been looking for the past 4-5 months now, its been picking up quite a bit since the start of the year. A lot of places I applied to earlier in the year and at the end of last year are getting back to me now, but still no offers quite yet.

Feb 27, 2017

I've been grinding for a while trying to make headway and network (~30 interviews). As of late, I've been passed on at the end for another candidate. Competition is intense.

    • 1
Feb 27, 2017

Very true.

Feb 27, 2017

30 interviews? 30?!! Geesh.

Mar 30, 2017

Sounds like you have the nuts and bolts, but might not be seen as a "fit" if you're getting all the way through and then chopped off at the end each time. Could be wrong but I've seen it happen

Feb 26, 2017

It is mind blowing to see the competitiveness this industry has especially in NYC. I see maybe ~5 Analysts jobs per day meaning total for whether it's Acquisitions, AM, Credit, etc. Really not much at all. Take those 5 or so jobs and now think of all the candidates ranging from people coming out of UG, MSREs, people from brokerage, lending, MBA, random experiences, etc. fighting for it.

It really is network or die out there.

Feb 28, 2017

I just wrapped up my job search in September of 2016. I talked with a few headhunter's and hiring managers about how competitive the process was. One headhunter told me they received 5,000+ applications for a single analyst level job posting at a name brand RE firm......

I'm sure that is on the extremely high side but still.

    • 3
Feb 26, 2017

Effing christ.. lol

LinkedIn tells you amount of apps submitted for jobs if you apply straight from there. I remember seeing a couple Acquisitions Analysts jobs in the 3,500 apps range.

    • 1
Feb 28, 2017

Going for office tenant rep or investment sales, whichever comes first......Declined some small shops, looking to go big. 9+ months en counting.

Still positive.

Feb 28, 2017

This thread is extremely sobering....

    • 4
Feb 26, 2017

Yea tell me about...I created the thread hoping to gain some insight and ultimately discovered I'm screwed for my job search lol

    • 3
Feb 28, 2017

Screwed = taking all this food for thought and recalibrating your search and hunting methods. Half full mentality!

    • 4
Feb 26, 2017

Yea bit a knee-jerk comment, definately right on recalibrating - It really is Network or Die as jtl1002 said

    • 1
Feb 27, 2017

Network, one of my more recent job interviews was over lunch instead of in a conference room.

Feb 28, 2017

Just wondering, what top shop uses Argus?? Is this mainly a US thing as in europe having seen Oaktree, Blackstone ect. models they are all excel based.

Feb 28, 2017

The two usually work hand in hand, where the Argus export is an input in the Excel model

    • 2
Feb 28, 2017

Have you seen people use this in Europe? Aside from red tape Government stuff where they might be required. Also why would you want to use it, excel can do pretty much anything haha?

Feb 28, 2017

Actually just landed a job as an analyst to start after I graduate in May.

    • 1
Mar 1, 2017

Just got my first offer today, analyst role at a REIT. MSRE student with one internship under my belt, graduating this May.

"There are only two opinions in this world: Mine and the wrong one." -Jeremy Clarkson

    • 3
Mar 1, 2017

congrats!, was the internship during the school year/summer? Was the REIT at your school's OCI or did you apply on your own?

Mar 1, 2017

Internship was over the summer, REIT interviewed on campus, but pre-selected interviewees.

"There are only two opinions in this world: Mine and the wrong one." -Jeremy Clarkson

Mar 1, 2017

Maguire Properties?? NICE!!!

Feb 26, 2017

I just had probably the most basic excel/modeling test and I fucked up lol

Was my first I've ever had to do so whatever onto the next one.

Mar 1, 2017

Happened to me on my first one. Don't worry, master the basics and you'll get the next one.

    • 1
Feb 26, 2017

I literally fkin blanked. Plus, there was a tab for basic office assumptions and building a 10 year projection and I forgot to include the base rent bump lol. I have never built any excel office model before aside from basic use of Argus in a class.

I shouldn't even had taken a test. This was as entry level as you can get for not even an investor or developer. They are like consultants. Nothing on this test can't be learned in a day on the job and now I won't get a call back most likely because of this. I wasn't that interested anyways but it sucks.

Mar 1, 2017

I'm not actively looking. I'm in brokerage and I've had a few firms reaching out to me directly. Have an interview next week for an acquisitions role at a REIT.

Mar 2, 2017

I recommend doing CCIM if you can afford it. i just recently graduated college and completed the CCIM 101 and used it to network for positions. I just interviewed for an internship with a local developer , which I have a high chance of getting, because of someone I met in that class. Besides the education, the networking in those classes is worth their weight in gold.

Feb 28, 2017

I took it online :/ haha.

Feb 27, 2017

Denied from another job today. Still on the grind though.

    • 3
Feb 26, 2017

Also just denied from another job, don't worry happens to the best of us, and also me.

Feb 27, 2017

Right there with you both. Yesterday was a bloodbath.

    • 2
Feb 26, 2017

Talked to a developer today who mentioned he does not even hire interns unless they are going/have their MSRE. Well there's that.. lol

    • 1
Feb 27, 2017

I've heard of a few places like this, the fact of the matter is that a lot of the RE industry is "On the Job" training and learning. I studied RE for undergrad and can say that I learned more my first six months in the industry than I did in school. That being said I guess there is some kind of demand for advanced degrees.

    • 1
Feb 27, 2017

It's all part of what @Virginia Tech 4ever" calls the real estate credentials arms race. Y'all don't get the jobs you're qualified for because you don't have my qualifications, and I don't get the jobs I'm qualified for because I don't have a Wharton or Harvard MBA.

    • 5
Feb 26, 2017

Feel for you guys and this is not to sound Doushey lol but it feels good to know there's plenty others even with more experience then me getting denied.

Feb 28, 2017

Was denied an offer today, office tenant rep position. No where to go but forward though.

Learn More

Side-by-side comparison of top modeling training courses + exclusive discount through WSO here.

Mar 10, 2017

Undergrad looking for an internship right now, not really getting much. Continuing to search for companies and send out apps.

Mar 11, 2017

Landed a summer gig at a solid development company in Dallas yesterday. I'd put 60-70 apps since the fall, made it deep into interviews w/ a few companies only to get turned down, and wasn't very optimistic.

I've been in touch with this company since I met one of the managing principals at ULI Fall. Networking pays dividends, I doubt I would have gotten the position if I hadn't put myself on their radar for the last 6 months.

I come from down in the Valley, where Mr. when you're young, they bring you up to do like your daddy done.

    • 2
Feb 27, 2017
BBA18:

Landed a summer gig at a solid development company in Dallas yesterday. I'd put 60-70 apps since the fall, made it deep into interviews w/ a few companies only to get turned down, and wasn't very optimistic.

I've been in touch with this company since I met one of the managing principals at ULI Fall. Networking pays dividends, I doubt I would have gotten the position if I hadn't put myself on their radar for the last 6 months.

Congrats. ULI Fall conferences are fantastic for this reason (not to mention eating and drinking in a new city). These are my favorite types of success stories.

    • 1
Feb 26, 2017

Seems like Cali is on a hiring rampage. Not much though here on East coast specifically NY.

Feb 26, 2017

I've seen probably 30-50 job postings on select leaders since January.

Feb 26, 2017

Not sure what level you are seeking but for specifically Analyst roles, I see maybe 1 every other day if even. (for NYC).

Mar 13, 2017

Sad to be a student at this time then. I got an internship at a brokerage for this summer. Looking to network for a acq/am internship for next summer.

Apr 7, 2017

Especially in Canada

Mar 13, 2017

Six weeks into the process with mega developer. Had final interview last week with CEO. Hope to hear decision this week. I don't have much hair left to pull out.

    • 4
Feb 26, 2017

Hope it works out! Let us know.

Mar 14, 2017

You met with a CEO of a mega developer? Do you mean a really big firm or just guys who do high-profile projects? The former would surprise me

Mar 13, 2017

I have to be strategically ambiguous at the moment because its really easy to figure out with one or two google searches, but it's the former. Sorry for lack of info.

I'll follow up if it is a success or failure regardless.

Mar 13, 2017

Wait listed as the search for other candidates with more development underwriting experience. Told to hang tight for 3 weeks. 2/10 confidence.

Mar 13, 2017

UPDATE: After 4 months, I did not get the job. Internal hire. WTF

    • 1
Apr 9, 2017

delete

    • 1
Mar 14, 2017

Mind me asking what firm ?

Apr 9, 2017

I'd rather not say, the firm is rather small. All i can say is it focuses on multi-family with deals ranging from $50MM-$100MM.

Mar 14, 2017

Was just let go from my Analyst gig - ALOT of openings but would also assume that there are a lot of applicants.

    • 1
Mar 14, 2017

What was the role and why were you let go?

Mar 14, 2017

It's a bloodbath out there. I'm an analyst with a couple years of experience, just a bachelors degree. Seems every lateral analyst or senior analyst role I apply to is a waste of time since they are being targets by Wharton MBA type folks.

    • 4
Mar 15, 2017

Do the Wharton MBAs have experience though? Experience is king unless you're going to a pretftige party.

    • 1
Mar 14, 2017

I don't believe they have any real hands-on experience, just complex case studies, research papers, and summer internships to tout.

    • 1
Feb 26, 2017

I think it depends on where you got that said experience. If a guy has a firm on his resume that no one knows about vs a guy who just graduated from a top MBA (especially if MBA in RE such as Columbia)..the latters resume will probably have a better chance at catching the eye of the manager.

Feb 27, 2017
brosephstalin:

a pretftige party.

The least fun party I could imagine

Mar 15, 2017

I've had a couple of behavioral interviews so far and hopefully I hear back later this week or next for the final rounds. How many of you are able to tell when you've done well in the interview or connected with them? I can usually tell if I've done poorly but it's much harder to gauge if the interview went really well vs fairly well.

    • 1
Mar 15, 2017

Currently in 1 month into the hiring process for an investment analyst position. Started with phone interview with HR and really connected well, then in person interview which lasted 3 hours, I met with 75% of the office. Total office is probably 15 people. Have been waiting 2+ weeks for my second follow up in person interview, the recruiter has stated twice now via email that the MD's at the office want me to know they're very interested.

My only disadvantage is I am still in school (graduating in may) but have very relevant experience to the role/industry, I have been interning at a boutique PERE for a while. I have a feeling the second interview is taking a while because although I felt I did very good on my first round and impressed a lot of people (even followed up with hand written thank you cards to the top dogs a few days after my in person), they are skeptical because I am younger, I feel for the past two weeks they have been shopping the market. Still have my fingers crossed that they lean my way and see my value/potential, this whole process is pure anxiety

    • 1
Feb 27, 2017

Hopefully you get the job, and things are looking up in that regard, but I can't tell you how many times--when I was younger--that I went through a lengthy interview process and was assured that I was the top candidate, only to be left as runner-up to another candidate. In each case, I invariably took my foot off the peddle with sending out applications to other companies, thinking I had the job in the bag.

Mar 16, 2017

Just like in dating.. there's always that prettier girl you've had your eye on that you would probably drop the other girl you've been talking with to have your one shot at.

Mar 16, 2017

If anybody is looking into breaking into the agency lending space, send me a message. I might be looking for an analyst in Orange County.

    • 3
Mar 18, 2017

Recently accepted an offer for a senior financial analyst role with a top investment sales team (think Eastdil/HFF/CBRE) in the market I wanted to be in (top 5 for product type; top 10 overall). Low six figures to get an idea of pay. Actually surfaced this from a cold email about 5 months back.

    • 1
Mar 19, 2017

Is that base salary or all-in comp?

Mar 18, 2017

All-in, but skewed heavily towards base first year. After first year have potential to increase bonus upside quite a bit if perform to expectations.

Mar 19, 2017

What was your prior experience?

Mar 18, 2017

Went straight out of undergrad to a small shop for 2 years.

Mar 21, 2017

Recently accepted an offer for an analyst position in SoCal at a botique REPE shop with total comp around 120. Had 1.5 years post-grad experience and multiple real estate internships in college. I was getting calls to almost everything I applied to in SoCal and had to turn down interviews due to lack of time. Eventually received offers from a few shops and ended on this one.

Feb 27, 2017

@ww93 what kind of post-grad experience do you have?

Mar 21, 2017

Similar RE experience

Feb 27, 2017

It finally happened. A developer actually asked for my SAT and GMAT/GRE scores.

    • 14
Mar 14, 2017

lmao! If this isn't proof that RE has turned into the usual "prestigious" wall-street careers that this site is focused on (AM/ HF/ PE/ VC/ IB) then idk what is.

    • 2
Mar 13, 2017

A developer asked me what my SAT scores were recently. I laughed at them and told them I don't even know where to start to look for those.

    • 4
Feb 27, 2017

Yeah I'm screwed if I ever have to show my SAT.

Feb 26, 2017

Speaking as someone who has broken in and is working with younger contemporaries, this seems ageist. I mean at least looking at the year you graduated you could infer the age of a specific person, and hence be disqualified.

Feb 27, 2017

"Higher that yours, fuckstick."

    • 1
Feb 27, 2017

I've been asked for REPE but never for a Development firm. Although a few jobs on Glocap asked for SAT/GMAT/GRE and in one. I think it's an absurd question to ask...but it's just a way to eliminate/screen candidates

Feb 26, 2017

were they located in Phoenix?

Feb 27, 2017

Big day today. 4 informal interviews where I will inevitably be told I have a great resume but they're not hiring right now. They will then want to be very helpful and generously refer me to three people that I have already met with and have gotten the same response as far as jobs go and three other referrals to companies I have already met with and have gotten the same response as far as jobs go and three other referrals to companies I have already met with and have gotten the same response as far as jobs go and three other referrals to companies I have already met with and have gotten the same response as far as jobs go and three other referrals to companies I have already met with and have gotten the same response as far as jobs go and three other referrals to companies I have already met with and have gotten the same response as far as jobs go and three other referrals to companies I have already met with and have gotten the same response as far as jobs go and three other referrals to companies I have already met with .....

    • 4
Mar 14, 2017

keep on fighting bro. I am trying to leave my current job by May (1 full year) and I'm finding difficulty as well. Kinda regretting rejecting the internship with the publicly traded development firm I had an offer with before this job.

Feb 27, 2017

It'll work out. My network is absurd right now. My bank account is what's dwindling. Less than two months until graduation.

Mar 27, 2017

Landed an analyst spot in Manhattan at a top 10 shop.

    • 1
Mar 24, 2017

What are the top ten brokerage firms in manhattan?

    • 2
Mar 24, 2017

It's something that isn't hard to break into if you are determined to do so. If you are a normal, social person with decent finance skills, it is easy. That having been said, trying to work for the likes of black stone or certain divisions of Starwood out of undergrad is difficult. Just start out small and build yourself up.

Mar 24, 2017

What should I make of an associate inviting me (a senior) to lunch after being passed my resume by the MD/MBroker? He said lunch, discuss career goals, and how he may be able to help. (does he have an entry opp or not?)
On LinkedIn, I see the experience levels of other interns turned analysts (them getting recs from this guy) and the churn looks right to get in as a summer intern and then analyst.
It's a CB/CW/HFF/JLL

How can I appropriately and effectively offer my assistance?

Array

Feb 27, 2017

Solid chance you won't get a job from an associate, @FrankThaTank" , so you should use this lunch to:

  1. Make a friend. Eventually, you will break into this industry, and it is good to have friends your age in the industry.
  2. Get contacts of other people. This associate could recommend or put you in touch with people who will actually hire you.
  3. If he or she seems really sharp, ask about job hunting strategy. You never know what little tip you learn that will make a difference.
    • 1
Mar 24, 2017

Good advice. This lunch is still a week out, so for something to chew on, what do you make of this guy telling me the MD "passed him my resume," after I said I'm "looking for entry opportunities?" Suspenseful wording.... I interned at a top 5 brokerage and they basically created an internship out of thin air for me and two others, when they'd never done one.

Any updates from you after things have dried up, @CRE ?

Array

Mar 27, 2017

Hi Guys,
Well come to forum site.We have no problems getting interviews, Competition we must be fierce because I make it into finals rounds/case studies/modeling tests. We have missed out on 2-3 jobs I really wanted. For every position. We have interviewed they always say wow, We did so well to get here we literally got 100-200 applicants. We experience believe most companies require Argus and some end up telling me they have excel templates(which would be no problem anyway

    • 7
Mar 28, 2017

Currently deciding between two internship opportunities for this summer:

Option 1 is with a small regional bank ($5B in assets) where I interned last summer in mortgage. This summer would be commercial lending focused on CRE. In a top 5 CRE market.

Option 2 is with a big commercial brokerage (CBRE/JLL/C&W), not totally sure what all this internship would entail though. Figuring that out real soon. However, this position is in a much smaller market and obviously taking this internship would be kissing any FT offer from the bank goodbye.

Conflicted because I think the brokerage would be a better name and give me some better experience, but it's not in as good of a market and I don't really know if brokerage is what I want to do long-term (not that commercial lending is, either). I plan on doing an MBA/MSRE within 4 years of graduating though so switching markets or jobs might not be that big of an issue for now. Any advice would be appreciated.

Mar 27, 2017

So I actually had the same situation where I interned in lending and was deciding whether to return for another internship. I ultimately choose to gain difference experience which I am EXTREMELY glad I did.

I think the brokerage gige is the better option given what you have said for the following reasons:

  1. If you knew you wanted to enter lending then returning would be the no-brainer but this isn't the case.
  2. Doing the brokerage internship will allow you gain different experience ultimately making you MUCH more marketable as a FT candidate in the future. Having both on your resume will allow for more experiences to talk about and allow you to spin yourself as more of a well-rounded candidate. If you decide you want to do Brokerage/Investment Sales then you can spin that experience. If you do so happen to want to enter lending eventually you can spin the lending experience. If you want to enter acquisitions at a REIT or a REPE you can spin that you've have multiple experiences related to real estate.
  3. Who knows...you could end up loving brokerage. But you won't know unless you try it. Undergrad is as much about gaining relevant experience as it is about figuring out what you want to do. Doing a different internship will equip you with a broader understanding of commercial real estate and will ultimately allow you to make more informed decisions as you weigh potential FT options in CRE.
  4. Taking the brokerage internship will allow you to build a reputation with another company and can lead to two references as opposed to only having one which is only a positive.
  5. Taking another internship at the same place has upside only in the case you know you want to get a FT offer from that company which isn't the case currently. Taking the same internship again can also have a slight-pigeonhole affect. I say slight because internships by their nature don't usual pigeonhole someone as they are temporary in nature but it will make it harder to convince a broker or acquisitions firm in the future that you're actually interested in that and might give off a sense that lending is your actual interest given you spent two summers there.
  6. Having (CBRE/JLL/C&W) on your resume, even in a tertiary market, is definitely a huge positive.
  7. I also wouldn't assume you're burning your bridges with the bank completely. Obviously it changes the path for a FT offer dramatically but....approach it respectively and tell the group you previously interned with that you think it would be beneficial for you to gain different experience and see another facet of the commercial real estate industry. 9 times out of 10 your previous group would completely understand and likely support you, obviously this indicates a lessened desire in lending but it doesn't necessarily burn the bridge, if you approach it right, your previous group will likely understand. You a college kid after all, you job is too gain various experiences during your undergrad.

Ultimately the brokerage in my opinion seems to have more upside. Hope this was helpful and congrats on the offers! Many people don't even have the luxury of needing to choose so you're already on the right path!

    • 2
Mar 28, 2017

Thanks for the thorough response! I was leaning toward brokerage but I wanted to make sure I wasn't doing anything stupid.

Mar 15, 2017

.

Mar 14, 2017

Well when it rains it pours. I have 4 interviews scheduled over the next two weeks: two with REPE firms, one with a developer/operator, and one with a debt/equity team. All are multifamily focused, which is where most of my experience is despite my username. Also, all were sourced through job postings, not cold calling/networking. I dont know if its a beginning of the year thing or what, but I have a positive outlook of the job market for entry/mid level positions.

    • 1
Mar 15, 2017

Good stuff, I share your enthusiasm about the job market. Good luck on your interviews man

Mar 29, 2017

When people say REPE firms on here, do they mean one of the REPE 50? Or anything ranging from that to a small shop that invests using private money? I've heard people say "real estate investment firms" and then real estate private equity- is there a difference?

Mar 14, 2017

Good question, in my case it's a firm that manages/is currently raising multiple private equity funds. Not sure of the correct nomenclature.

As far as REPE and "real estate investment firms", I suppose they are one of the same?

Mar 29, 2017

My firm is looking for analysts/underwriters in multifamily underwriting in Texas. This is for a DUS lender. PM me for details.

Feb 27, 2017

Talked with most of the big brokerages in town, all the T1 shops aren't looking for anyone right now, one of the T2 shops that I met with let me know they probably have a spot or two I could fill. Still on the grind.

Feb 26, 2017

Darcy Stacom is looking for fill an Analyst or Associate roll

Feb 27, 2017

I don't live in New York but I would if it meant I got to sell sky scrapers. I'm a huge fan of large buildings.

Apr 24, 2017

Is this a joke? If not, every monkey here that's halfway interested in IS should jump at this.

Mar 29, 2017

Question:

I am not going to be searching for jobs until after Dec., but I am just curious:

Is the job prospecting process for Real Estate solely based on networking? And if so, how exactly do you go about networking?

So far, I have only interned with bulge bracket banks, but I want to do more development. This summer, my internship is with Wells Fargo CRE. After that, I'm unsure what to do/if I want to corner myself only to full time with Wells.

Is there a thread already about the process on this?

Feb 27, 2017

There are many. I'd read through this thread as a start. Then search the RE forum for "networking" and a few other keywords associated with job hunting.

    • 1
Mar 24, 2017

Send emails to connect for advice, say you're looking for entry opportunities, and say, "attached is my resume for more background." They might pass it along and at least have it on file.

Array

Mar 30, 2017

I think there's an aspect of "networking" to any job, but the degree to which it matters differs depending on the role and the firm. I had no interest in working in CRE during undergrad but landed a research role at a reputable REIT research shop through Indeed. Ironically, my warm leads at other AM/ER shops didn't pan out.

You'll have heightened success applying to a firm with an analyst class/formal campus recruiting. Btw, I don't think working for Wells CRE for your first full-time job is "cornering" yourself. Just be hungry, always be learning and networking, and more opportunities will come your way if you become unsatisfied.

    • 1
Mar 29, 2017

Right. Thanks.

And I mean cornering myself with no other options. Wells is a great option, but I don't want it to be my only option. I'm hungry =) And yes there is an aspect of networking in every job, but the degree that it is important to Real Estate is completely different than most other jobs. ( the only similarity I can see is the entertainment industry) Especially for entry level.

Thanks for the advice.

Mar 15, 2017

Real Estate Analyst position in SoCal just posted on SelectLeaders. Not to knowledgeable about the company but they look credible. Just thought I would pass it along, cheers.

https://www.selectleaders.com/candidate/viewjobdet...

    • 2
    • 1
Mar 29, 2017

Don't know anything about the position, or culture, but very reputable company. They own some fantastic real estate and have done some really cool/innovative things. Reading the job description this seems like a really good opportunity.

Mar 30, 2017

ARE is a very reputable lab space REIT. They've got the best stuff in the best lab space/biotech cities of the US (ex: San Diego). Looks like a lot of their veterans have actual lab space/science backgrounds, so that may be some experience they are looking for in candidates. Lab space is probably as specialized a property type as it gets.

    • 1
Mar 29, 2017

I certainly wouldn't hesitate to apply because you lack a scientific background. They will certainly have lab experts on staff (development and leasing in particular need to be familiar with tenant requirements) but from an acquisition/underwriting perspective I can't imagine it would be a prerequisite (especially not at the analyst level).

Mar 31, 2017

I had a final interview on Tues and the hiring manager told me right after they are going to make an offer and I should hear back in next few days.

Let me say this is by far the most anxious I have ever been lol. Still waiting.

Mar 27, 2017

any updates yanks?

Mar 31, 2017

Nothing yet.

Starting to get bit nervous, but I'm sure there's some hold up whether it's HR or something.

Feb 27, 2017

Meeting with a dream developer that most likely isn't hiring and an interview with a real estate investment management firm that actually is hiring today. And so it continues.

    • 1
Apr 18, 2017

CRE..I'm a little out of the loop..last I knew you had moved into Brokerage from an Analyst position..whats the story?

Feb 27, 2017

Went back to school for development. Got a really solid internship in development last summer. Hardly anyone is hiring in development for full time. Still funemployed.

Mar 24, 2017

How big of a factor is time of year? Should I just try again with the top firms late summer/early fall? I want the capital markets, debt/equity experience. I'm a senior and have an acquisitions internship that can continue through the summer. No FT offer though.

Array

Mar 1, 2017

Your experience sounds exactly like mine when I graduated college. I now work as an analyst in Debt/Equity capital markets at one of the major brokerages. I was unemployed for two months after graduation before I got the job.

Apr 7, 2017

Any advice for roles in Canada? Selectleaders doesn't seem very applicable in my case. Checking in from Toronto/Vancouver/Montreal

Jul 4, 2017

When I was job hunting in Canada I researched every REIT, RE Advisory firm, brokerage, pension fund, etc. that I wanted to work for and set up job alerts on their websites and Indeed. I also followed them on LinkedIn and used the Premium trial to send InMail to the job poster when I saw a position I really liked.

Oct 13, 2017

can i ask which market you're in? how'd your search end up? i have a few former colleagues who went back home to ON and say the job market is tough right now, despite the long-toothed condo boom.

Pages