What types of companies provide capital to devlopers
I'm planning to go back for an MBA with a concentration in real estate.
I have no real estate experience, but it's what I've always wanted to do and I'm ultimately interested in starting my own development company. I would like when I graduate to get a few years experience working with a developer to learn how they do deals.
Before working for a developer, however, I'd like to get an internship or have a short stint at the type of company that provides capital for the deals. Reason being, I want to see how the capital side sees these deals which will help when I want to start doing my own projects.
Not sure what types of companies I should be targeting though.
Here's the question:
what types of companies work most closely with developers to finance projects? I'm thinking that it's primarily banks/ repe funds / insurance funds. Any other categories? And then what specific companies in these categories would see the most/most interesting deal flow?
i'm thinking that i wouldnt want the REIB groups at the banks because they don't see the asset/project level, right? Or do they/some?
Also not sure where the capital markets groups (or other groups) at a CW/JLL fit into this scenario.
Would appreciate some insight on the general "structure" of the industry.