I am currently an underwriter for a regional bank who is a driver of CRE in the region. I make around 65k. I could be a lender in 1 year and make 80-100k. I am being poached by CBRE - a multifamily IS group - to be an analyst. They keep telling me the first couple of years will be rough but will guarantee that I make 70k the first two years. I am not sure which path to go. I want to make more money - I know that my bank is safer but the potential at CBRE is untouched. I have been wanting to get into acquisitions on the buy side but have been having a very tough time. Any advice on where the
25 Sep 2020
What would you guys do if you were in my situation? I'm currently working for CBRE/NKF/CW in my home state, but just got done with my final interview in NY for another position at another firm. I have always wanted to move to NY after graduation and now 1.5 years later I may get the chance. Now pretend I get the offer for the job. The firm is probably a tier or so below my current one but it is a known shop in the tri-state area. But the job isn't necessarily what I want either as it's an underwriting position. I've also been networking lately for buy-side jobs and have gotten some traction
22 Jan 2019
I just got an offer from a large CRE (think JLL, CBRE, Cushman). for its Valuations dep. What can I expect to be working and how and what should I prep for? I bought some real estate modeling courses online what else can I do?
16 Apr 2019
Hi guys, I know this has been generally discussed and that most major RE companies don't stick to a set recruitment cycle as an industry like IB does. My interests in RE lie mostly in debt/equity capital markets and currently looking at shops like HFF/Eastdil/JLL etc for next summer (two years left of school). My question is this: when/where do most of the bigger companies post SA/internship positions and how long do they spend interviewing applicants before filling the role? Are there any groups off the beaten path that are worth applying to? Open to major full service companies, REIT's, REPE
30 Jul 2018
Does anyone have PDF copies of Marcus & millichap training materials? Or any other material on investment sales? Or can you point me to any sales training materials that would be helpful?training for both private capital and institutional sales would be great. Nothing in the marketplace seems to be commercial real estate specific. I Would greatly appreciate the help.
07 Feb 2017
- I'm a 28yo UG senior @ UC Berkeley * Expected graduation date: May, 2019 * Major: Urban Studies (City Planning) * Silently emphasizing in Econ (Int. Micro/Macro, Urban, and a Graduate course: Land Use Controls) * Relevant work experience before transferring to Cal: Three years as a residential MLO at two different firms * Internship position interested in: Financial Analyst I'm worried that my resume won't even make it through initial screening processes. Also, even if it did, I'm doubtful I will remain competitive with younger, more desirable, Econ and Business grads. If my initial question
10 Aug 2018
I am a summer intern at a well-known CRE firm in a large city in Canada. Being a finance major I am looking at the appraisal/ valuation side of the business, and am curious about the process in which you get paid in comparison to the brokerage side of the business. I constantly hear the salary + commission story, but here are some questions I have: First off, how does the pay structure differ from the brokerage side? What can a starting salary at a large firm start at? What do bonuses consist of? At what point in the process do you get your commission? I am interested in dealing with land as
17 Jul 2018
I was hoping someone who works in the industry might be able to help me out with this, there are two jobs available right now at CBRE and i was hoping someone could give me a little more insight in the two of them. My ultimate goal is to purchase cash flow properties and get into development on my own so i was curious if someone could tell me which one of these positions would better prepare me for that? Does anyone have any insight on lifestyle, salary culture for these two jobs? Thanks for any help.
24 Jan 2017
Hey all, I'm sure I've contacted most of you by PM in the past. I'm trying to figure out the best way to get into real estate, specially valuation, undertaking, acquisitions, etc. I currently work in middle office at a BB. Would looking into a big shop (CBRE, JLL, CushWake) make the most sense? Are there people or firms willing to take people on with limited/no experience? I just want to get my foot in the door and right now I'm spinning my wheels. Just a note: I'll also be taking the REFM courses.
26 Jan 2016
Is there an age limit for breaking into REPE or as an analyst at CBRE/Eastdil? Assuming you start off in a non investment role and are trying to lateral around into an investment role eventually, is there an age limit after which it becomes impossible if you don't go to a top tier MBA? I figure 25-26 is the latest you could be an analyst at a company like Eastdil/CBRE and you basically need to break into an investment type role before you're 30 or you're hopeless. I know it doesn't have to be REPE necessarily before you're 30, but at least REIT acquisitions or some other kind of acquisitions
04 Apr 2016
looking to make a career transition at 29 years old. probably impossible, but who knows. anyway, if i did want to get into underwriting and modeling, what would be the easiest way to do that. (i am coming from middle office trade management at MS). thanks!
07 Dec 2015
How are commissions usually paid at the big houses for investment sales such as CBRE/Cush-Wake/JLL. Do they treat you like a true 1099 and make you pay quarterly taxes or are you an employee and they withhold taxes.
28 May 2017
Anyone have any info on what exactly it is they do? Being as how they are "the investment banking division of CBRE", is it basically REIT I-banking? Where do they rank in terms of market presence/deal flow? Comp? Any insight is greatly appreciated.
24 Feb 2015
Anybody know anything about this group? They claim to be involved in some capacity throughout the entire life cycle of a deal, are they real players or just another vehicle to generate fees?
28 Nov 2016
I am currently going through the interview process to work on a top brokerage team at JLL in a top 10 market. I graduated from a non-target about eight months ago. Since then I've been working for a PE consulting firm doing mostly due diligence on the buy-side of PE transactions. Although the work is very interesting and I'm doing well, I'd really like to get into commercial real estate.
25 Jan 2015
Hey everyone, I have been given the possibility to take an interview for CBRE as an investment analyst. I am currently working in the BIG4 valuations team in a Nordic country and I am not sure whether this would be a suitable transition and therefore ask for some feedback. First of all, is CBRE considered an attractive employer? I.e. would I be able to apply for PE related to RE later on? Secondly, would I lock myself into the real estate track? If yes, what´s the pros compared to going into corporate finance or ER later on which was the original plan. Thanks for any feedback.
17 Feb 2018
Hello Everyone, Brief background: Graduated May '15 from a top 50 university with a Finance degree. Internship at a top firm (Goldman/MS/JPM/UBS). I currently do cost analysis for a small company, and the work is not related to finance at all. I didn't know what I wanted to do out of college, but now I'm leaning towards CRE and/or Private Equity, or maybe MC. I'd like to get an MBA in the future, and I'm confident I can get into a top 30 school. Conundrum: I have an opportunity to work as a client financial management analyst at Accenture. It's a nice, well rounded, entry-level role at a good
18 Nov 2015
Right now I have an internship with a large brokerage shop (think CBRE, Eastdil, JLL) in their "investment bank". I was curious if I received an offer after the summer and decided to join the brokerage FT would I be setting myself up to possibly be able to get in at a BB or MM REIB firm at the Associate Level? I know the transactions I would be doing in the investment banking group at the brokerage shop would be much different than ones done in REIB at a BB but I think it would be beneficial to get experience at both the asset level and then work on more of a portfolio level with REITs at a true Investment Bank.
30 Apr 2013
My two bosses (former business partners) recently split up and both have offered me positions at their respective firms. We are located in a top market (New York, San Fran, DC) and both are at major firms (CBRE, Cushman, JLL). Both specialize in investment sales for retail and initially have similar compensation. One position involves leaving my current firm and joining the more senior boss on an established team in a junior broker type roll. The position is salaried with a bonus. The team is run by two partners (my old boss as one) who are in their 50's and 60's and a junior partner who is 5
13 Mar 2016
Hey I posted a question about this a while ago, but did not receive an answer. Maybe this time. Has anyone had any experience with CB Richard Ellis' Wheel Program . Its a year program where they rotate you throughout the company. I applied for this position a while back and have received a call back from their Texas office. If anyone has any experience I would greatly appreciate some advice. Thanks
25 Jan 2011
I am hoping someone on WSO could help me locate this software - Looking for the company or software that companies like CBRE / JLL / M&M use to put together property packages for potential clients or buyers. I am not looking for the property management software, but the one that allows you to enter property data + property pictures and it spits out a good looking package for the client. Thanks
20 Mar 2012
I am wondering whether this is a good entry point into the Commercial Real Estate Industry. From my understanding you are put on a specific client and you work from the client site. You work on managaing the portfolio and possible transactions. Would like to be involved in Development/Acquistions eventually. Any Info is appreciated
17 Dec 2012
I know there has been a few, but not many that are fully comprehensive/extensive besides the usual Wells, C&W, Jll, and CBRE on the list. Comment below with open apps/apps to open soon. 2019 Summer Analyst RE
02 Aug 2018
Hey guys, a buddy of mine is in the middle of interviewing for a position at CBRE and will have to take a Financial Consulting Group Exam. Does anyone have any info they can share about the exam? The position is Financial Analyst in the Investment Sales/Capital Markets Group. Thanks
19 Dec 2013
What are your opinions on Lipseys brand survey for commercial real estate? You can find the results for 2013 here: http://www.lipseyco.com/images/stories/Lipsey-2013-Top-25-Final.pdf with the top ten being: 1. CBRE 2. JLL and Colliers (tied) 4. Cushman & Wakefield 5. Newark Grubb Knight Frank 6. Cassidy Turley 7. NAI Global 8. Avison Young 9. Costar Group 10. Cresa To me, from a European perspective, it seems very US focused, even though it claims having an international survey base and a broad methodology with respondants from around the globe. Given its US focus, Im also surprised to not see
16 Apr 2013