Many different terms are thrown around on here and I want to know
How do you define REIB?
I consider it to be:
-Mortgage divisions at Banks, Life Insurance companies, etc.
-Mezz/Boutique Lenders, etc.
The reason I bring this up is because there seems to be little connection between regular investment banking and REIB.
Real Estate Investment Banking is pretty much just connecting potential/current investors with capital sources. They can be the actual source(Bank, Life Insurance) or mortgage bankers/brokers.
I currently work as a commercial loan analyst at a bank and are kind of perplexed with the term. It seems like a "fake" term that makes being in real estate finance SOUND more important than it actually is. I mean, it "technically" involves investments and banking, but maybe I am reading into thing too much.
Am I wrong with my thinking? If so, how do you define Real Estate Investment Banking?