Showing results:
Displaying 51 - 100 of 293
Interview with CBRE SF Financial Consulting Group -Financial Analyst
I have an interview coming up with CBRE San Francisco with their FCG. I'm pretty nervous and was wondering if anyone could let me know what to expect. I heard they test some technicals with a financial calculator instead of Excel, is that true? I'd appreciate any advice you guys have. Also does...
Debt Yield Calculation
Just wondering how each institution calculates Debt Yield...do you normally include a vacancy factor and structural reserve in a pro-forma calculation of Debt Yield? If no, why not?
What constitutes an "institutional" level deal in brokerage?
Curious to know if there's a hard, concrete requirement for a deal of any asset (multifamily, industrial, retail, etc), to be considered "institutional". Are all non mom-and-pop property deals considered institutional? Or are some deals which are syndicated by smaller boutique firms not looked at as...
Removed
Removed
Asset Management vs. Acquisitions CRE
For my peeps who were/are involved in asset management and/or acquisitions, what would you say the differences are in terms of work-life balance, pay, and promote structure. I'm familiar with the differences in the day-to-day aspect of each but am curious to know more outside of the job itself. If...
Multifamily Investment Sales @ Large Brokerages (CBRE, C&W, JLL, etc) vs M&M
In terms of multifamily investment sales at one of the larger shops (CBRE, C&W, JLL) vs a shop like M&M, what would you say are the main differences other than institutional vs mom-and-pop clients. (I know M&M has an institutional division but generally they're more mom-and-pop focused). I know a...
REIB After IS if goal is to have own REPE firm in 8-12 years?
I’m currently working in IS at a top 3 brokerage (think CBRE, JLL, Eastdil) and am thinking about my future after doing my analyst years. My long-term vision is to have my own real estate firm (think 8-12 years from now). I’m not sure if that will be a development or private equity firm. I...
Acquisitions Analyst or Acquisition Analyst
The question im sure we have all been asking ourselves - Which is more correct Acquisitions Analyst/Associate or Acquisition Analyst/Associate? Seen it both ways but would love to get some feedback from the group.
CRM for CRE?
This is for anyone in CRE who works on deals or real estate sales brokers or mortgage brokers. When marketing a deal, we reach out to 50-200 institutions / clients / investors to see if they are interested in it. Our way of tracking this is someone below the VP is cc'd to the outreach email and is...
Network - CRE - PhD nerd from Life Science want a break in to CRE (Toronto)
Coming from a non traditional PhD life science background I want to break to Multifamily CRE. Running my own $1.6 million portfolio of 18 units but need some real world grind. Will like to connect entrepreneur mindset people. Want experience in CRE (multifamily)
Project Destined Fall 2021 Undergraduate Paid Virtual Commercial Real Estate Internship
We are excited to announce a new Paid, Commercial Real Estate Virtual Internship Opportunity with Project Destined in Fall 2021. Project Destined, founded by a former Carlyle Group executive , has partnered with 100+ leading real estate firms and 70+ universities around the country to provide...
Consulting -> CRE Capital Markets IS ... Help
I have a cozy job working about 45 hours a week for a consulting firm. I make about 90k with annual salary increases all-in around 10k or so. I've been remote since covid and have a very flexible schedule. Its secure, easy, and the money isn't bad. However, I am not learning anything, don't feel...
Commercial Real Estate Collateralized Debt Obligations (CRE CDOs)
Hi! I am hoping to gain some clarity on the following paragraph: "CDOs were the vehicle used to securitize a lot of the subprime mortgages on residential real estate that were made to home owners who had poor credit ratings and got into trouble as home prices began to fall in the late 2000s and...
Breaking into RE from Corp Fin at F10 ( 2nd year Fin Analyst - O&G)
Hey all - I wanted to write this post as I'm struggling to find current forums with advice on how to switch into CRE and what the most realistic entry point is from someone with a Finance background but no real specific RE experience. I followed the advice of multiple posts within WSO completed the...
Commercial real estate: life insurance companies
Hi, I have been having trouble understanding this and would really appreciate anyone's help! "Interest of life insurance companies holding positions in commercial real estate debt market is more significant than their interest in equity because of regulatory requirements on risk-based capital...
Starting a Real Estate brokerage
Hey... So, I'm working with some friends I used to work with in private equity and a few other brokers to open a brokerage firm. We're all currently located across the country and are looking to co-locate somewhere. As you can imagine, everyone thinks their hometown is best (well, not the Detroit...
Land Acquisitions for Energy Asset Developer vs Analyst Role at Full-Service Real Estate Advisory Consultancy
Hi folks, I am interviewing right now and would like to pick your brains. I'm broadly interested in opportunistic developments, but do not have a strong preference for a particular asset class. I am far along in my candidacy for: 1. A Land Acquisitions/Entitlements Role with an Energy Asset...
Decision: Entry-level development role or Investment Sales at Eastdil
Hi everyone, This is my first post, but I am a longtime lurker. I will be graduating from a target school this semester and need help deciding between two entry-level offers: 1. Junior role with a Midsized Developer in a major metro (NYC/Los Angeles/London) It's not Hines or Related, but I'd be...
Residential Real Estate to Development path?
Hello, I'm new to this forum and career. Passed the real estate broker exam. No college degree + not many connections, so I don't have much to offer commercial brokerages, but most residential brokerages offer training and will employ about anyone with a license because it costs them little to...
Removed
Removed
Going Back to School... Is it Worth it?
Hey there WSO community, Currently 3 years out of school. Can best be described as a "senior analyst" with a large CRE private equity shop in an asset management (with some underwriting/acquisition work) role. However, I'm looking to move into more of a development or acquisitions role, either with...
Training at Marcus and Millichap, or similar firm.
Hi. I am a new agent at a boutique firm in an outer borough of NYC. While I was told that I'd be mentored before signing on, I feel like I'm getting sub-par basic training, at best... and I feel like this is a wannabe boss; not a mentor..... if anyone from a larger, reputable firm would like to...
Is there any bid for large, Class-A malls in the US?
If guys wanted to sell large, high-end class-A US malls assets (say in the next 12-24mo), are there actually guys who would be willing & able to absorb that? I don't think we have any post-Covid data points on mall sales. Think I've seen appraised valuations marked down 10-15% yoy vs pre-covid, but...
LifeCo Positions on the Equity Side
Hey Monkeys, Wondering if anyone who's been in an equity position at a lifeco can talk about culture/comp/where they exited to. I'm currently working at a sponsor as an internal capital markets guy, where I finance deals once committee has approved the deal. This is about 70% debt or...
Transitioning from Residential RE to Commercial RE - Advice needed, please.
So I've been scouring the internet by doing simple Google searches where I've coming across some helpful YouTube interviews/audio-programs to eventually finding some insightful posts on Reddit to then coming across a post on Reddit that recommended WSO as the go-to place to find information on IB,...
Skills/certification/designation required to stand out.
I am a fourth year student major in finance with residential real estate background of owning one rental property, did an internship as an analyst for six months at a company. My school does not have a real estate program. I am looking into acquisitions where I want to develop my skills and to...
Why Investing In Real Estate Is Better Than The Stock Market?
When we plan to invest somewhere, mostly we attract to the two markets. One is real estate and another is a stock market. But you know that real estate investment is safer than the stock market. The only reason is the uncertainty of the stock market. The stock market crash down anytime with your...
Master Thesis?- Should I just DM Spencer Levy at CBRE?
Hi, I am completing a Master of Finance degree and I have to write a thesis. I want to work in either CRE or more on the debt side with credit securities when I graduate. Does anyone have any suggestions for a topic that might be considered "innovative"? or interesting. I was going originally write...
Is my comp in line with the market? (CRE Asset Management Analyst)
I've been trying to look online for some comparisons, but I can't find anything good for my specific title. I'm currently at a family office GP with around $1bn of property worth, operating right outside of NYC. Hours are around 60 per week. Right now, I'm at about 2 years of experience and have a...
CRE Capital Markets For Dummies: What is it Actually?
Hi guys, So I've heard a ton of people mention capital markets when talking about leasing or investment sales jobs. What is it actually? Are you selling loans? Is it a sales job? Is it a strong first job out of college, or is a first job in cre leasing or investment sales better? Any insights are...
Industrial Tenant Rep Deals
Hey guys I hear about office tenant rep deals all the time ie 5000 sqft @$40/ft for 7 years you get paid X amount on this deal. Can someone walk through a normal/average industrial deal in say TX-Dallas-Houston-Austin. What would a avg size deal look like?
PropTech Startup focused on Revenue Management and lease optimization for CRE
Hello. I run a small PropTech Startup Stroom: https://stroom.app/ Stroom is a platform for commercial real estate revenue management. We've developed software technology that helps asset owners calculate optimal market rents and favorable lease terms. Leasing and pricing is fairly manual currently...
Any funds (larger than 200MM AUM) play in Both CRE and another Asset class?
I'm curious if there are any other funds that either plays Arb strategies or long-shorts between Commercial Real Estate and another asset class. During my stint in CRE I haven't come across another firm that has invests in both CRE and another asset class as part of a larger portfolio management...
Best way to start a Development Shop? Leasing, IS, Capital Markets, or Development Analyst?
Hi everyone so, my dream is to start my own development shop in 10ish years. I've had an internship for Investment Sales brokerage and really loved it, however I would love to best figure out how to go into development, and then be able to leave and have enough connections, capital, and knowledge to...
CBRE Investment Sales (Multifamily)/Capital Markets Analyst Vs. CRE Lender
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...
Start in CRE Development Right Out of College?? Graduating Soon and Need Help
Hi all, I'm a student who's dream is to eventually start a CRE development firm that focuses on building great multifamily high rises or entertainment venues. I'm graduating this May, and have been told that it is very difficult to start out in development, and how it can be better for the long term...
Event Driven Trading Analyst to Commercial Real Estate
Hi, Just finishing up my first year as a quantitative trading analyst for a hedge fund on the event-driven equity desk. Got here from undergrad after studying BBA and Comp Sci. Have always been really interested in real estate but kind of fell into quant trading from undergrad due to trying to apply...
Brookfield Properties Retail - Joint Ventures Team
I have an upcoming interview with the JV team at Brookfield Properties Retail in the Chicago office. I have a very basic understanding of JV as it pertains to commercial real estate. My understanding if the JV team works closely with various internal teams (investments, asset management ,...
Q&A: Non-Target State School with 3.1 GPA to REPE Acquisitions in Major Market
Hello fellow RE monkeys! Finally got my certified star, and figured now is a good time to do a Q&A to continue to give back to the community. Truly, WSO is one of the best resources available online for people trying to break into high finance. As corny as it sounds, without the content on this...
Construction Over Finance for a Career in Development?
A bit left field here given that this is mainly a finance forum, but has anyone interested in CRE , and more specifically development, given serious thought to starting their career in a construction role as opposed to something more traditional like AM or IS? Seems to me that if you're...
Q&A: CRE IB -> Startup founder
Just joined the community and would like to contribute as a way of offsetting my request for some feedback. Quick background: - "Little Three" undergrad - Career started in CRE leasing; 2yrs at a small regional firm followed by 2yrs in the NYC HQ of one of the majors - Most recently, ~7 years at a...
If you're not a dumba$$, you will make money as a broker in a big city. Be fu@king mentally prepared.
I came from a fu@king zero, zilch, no money working class family. I ate shit for years as I paid my way through undergrad, and eventually grad school. I've seen and experienced some nasty shit in my life that I wouldn't want for my worst enemy. When I broke out into the investment sales scene, I was...
How much do you save in CRE?
With it being bonus season, I'm wondering how much all of you in CRE save? Both from your paychecks and bonus, what % or $ do you save? What do you intend to do with your savings? This might be dependent upon how far along you are in your career and how much you can afford to save, but I try to...
Tax Benefits of Investing in CRE?
Not an expert on the matter and would like to learn more... What are the tax benefits of investing in CRE? Familiar with 1031, interest expense deductions, and depreciation at a high-level but can anyone provide anecdotally the favorability of investing in CRE from a tax standpoint? What are some...
Quantifying CRE brokers
How useful would any of the following be to you as an investor in commercial real estate? Please be specific about which (if any) would be more useful and why. Would you contribute this information if your privacy was protected? - Sell-side broker fees for confirmed trades of like assets (displayed...
Former CRE investment banking, now startup founder seeking product feedback
I'm new to the community and was attracted by the quality of discussion in the threads that I checked out. Hoping to contribute here and there if I can be helpful. Also would like to solicit your feedback on a new product. Quick background on me: spent ~7 years at a commercial real estate investment...
OFFER TIME - Which one?
Sup guys, trying to figure out which offer is better and will set me up better for my career aspirations. I am two years in the workforce (1.5 years since I received my degree) and have been involved in the asset management function of a brokerage (JLL/CBRE) for about 20 months. Long term career...
Starwood Property Trust SA interview
Hello fellow monkeys, I wanted to see if anyone had gone through the Starwood Property Trust Summer Analyst interview process? I had a phone interview at the beginning of the week and am waiting to hear about next steps. Does anyone know what takes place after the phone interview if you are accepted...
REIT - AM Modeling Test
Happy Friday people. I have a modeling test tomorrow for a REIT , specifically in their asset management group. I haven't gotten much background from the recruiter about the test, but I am pretty sure it's the final part of the interview process so obviously I want to be prepared. Has anyone been in...
How to find Off-Market CRE properties?
Thought this might be a useful discussion. I'm looking for multi family investment properties in particular. When it comes to finding properties there are plenty of listings online, but what about "off-market" deals? - What is the best way to find these properties? - What are the benefits of this...
or Want to Sign up with your social account?