Thoughts on Portfolio Management in REPE?
Recently offered a job in portfolio management at a REPE fund (about $1B AUM). It wasn't the original job I applied for but they think I would be a good fit there. From my understanding, once a property is acquired, I would be "managing the investment" (ie. periodically adjusting the models for any new information, changes in assumptions, etc.).
It all sounds good on paper, I guess I am wondering if there is anything I should consider before accepting this position? I come from a different industry/career, so this would allow me to break into Real Estate Finance, something I am genuinely interested in. My only worry is career progression in a job like that - where would I most likely go from there?