First Job Opportunity

Hey everyone,

I've just been offered what I view as a pretty good job opportunity, but I'd definitely like some input from others on WSO.

The job title is "Portfolio Asset Manager". I would be working for a smaller company that owns a growing real estate portfolio. It's something like 5-6 hotels, ~1,000 apartment units, and a couple of retail assets. The owner is trying to build up an in house asset management team, so he can focus more on acquisitions.

My job would be giving a broader overview of the performance of the portfolio, and it will include some travel to the portfolio's various assets for site visits.

I feel like the title is a bit misleading based on my actual qualifications. This will be my first real estate job. My previous experience is 1.5 years in public accounting (all real estate clients). I've done a lot of reading and self studying, so I feel comfortable with a lot of baseline terms/knowledge one would need for this job.

Long story short, I believe this will be a great opportunity because I will be the entire asset management department. I feel that it could be an excellent first job opportunity because of the variety of assets and the amount of responsibility I'll have. Any input would be greatly appreciated!

 

Fugiat eos ut impedit. Ea nobis voluptas animi consequatur quia porro. Consequatur tenetur qui dolorem et voluptatum.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”