I know recently Goldman has fused together alot of their divisions to form a direct investing arm of $140B. I heard it's all under "Merchant Banking". A Lot of the real estate asset management is happening out of Dallas under the Merchant Banking group.
From what I've heard from people in the group the salaries are terrible. Like worse than corporate finance salaries at random corps.
WSO data seems to back that: https://www.wallstreetoasis.com/company/goldman-sa...
GS Real Estate base salaries in Dallas are around: $60,000 - $68,000 w/ low bonuses
Is there any validity to this? Are salaries low because of Dallas being a low COL area?
What do exit opps look like if you do Real Estate Asset Management for GS?