real estate development

@WallStreetOasis.com has been invaluable to me since I decided 5 years ago to make a career change into commercial real estate (from non finance) so its my turn to give back. I hope my story can help some people. Background Extreme non-target school (unde ...

17 comments - 19 silver bananas - Jul 22 2019 - 11:10am - luv2speed

I want to do a little brainstorming on the topic of redevelopment in emerging neighborhoods. I don't want the standard "cash advance, cash for gold, gun shop, liquor shop" response or the ever so cliche micro-brewery. What kind of cool deve ...

75 comments - 7 silver bananas - Feb 10 2017 - 9:00pm - CRE

Hello all, I am currently an undergraduate senior with an offer from a top-tier, multi-family developer based in a large city with a hot market; however, my boss has asked me to come up with a compensation plan I would be pleased with. While I do not want ...

99 comments - 0 silver bananas - Apr 12 2019 - 3:15pm - bradcummingham

So things just got VERY hairy at my work. I am an analyst at a multifamily real estate development firm. I work on underwriting potential opportunities as well as project MGMT related tasks. My coworker (superior) just got an offer at another firm. His po ...

22 comments - 4 silver bananas - Oct 8 2018 - 2:00pm - StrictlyBusiness

I am currently a junior at Rutgers University, and am studying communications and entrepreneurship with extra classes in real estate law and finance. In addition I am a licensed NY real estate agent and have been working as one part-time while in school f ...

34 comments - 0 silver bananas - Nov 12 2017 - 11:05pm - gpaone97

In this discussion I'd like to receive others perspectives on "Sweat equity partnerships". After speaking with an attorney last week, he mentioned one of his clients being only eighteen years old and owning twelve income producing MF proper ...

12 comments - 2 silver bananas - Jul 27 2019 - 4:53pm - BusinessBanana

Hi all, New to the forum, but from the reading I have completed, there is a wealth of knowledge and information to be gained from this forum. I am currently working for a smaller development firm as a project manager. I have been with the company about 3 ...

18 comments - 2 silver bananas - Sep 29 2018 - 11:00am - GregTiedRealEstate

I'm thinking about getting a Real Estate Development Certificate that my school offers. It's four extra classes and wouldn't delay my graduation. The only downside is I pay an extra $2000 for tuition, and it might hurt my already fragile GP ...

33 comments - 4 silver bananas - May 29 2018 - 1:32am - civilengineer

Let's say you are an investor looking at an opportunity to capitalize either mezzanine debt or preferred equity to fund the development of an apartment building which will cost $100m. 65% construction loan, 15% mezz/pref, 20% common equity. Whether y ...

13 comments - 3 silver bananas - Apr 23 2019 - 3:53pm - InVinoVeritas

So I have an interview set up with a real estate company (development, construction, investment, management). I am wondering what salary range this job is in. The factors are: one hour outside of major city (think allentown pa, stamford ct type place) com ...

69 comments - 0 silver bananas - Nov 26 2014 - 11:20am - barnabyjones

Hello all, Curious what you all are seeing with regards to yields on cost in different types of development projects given fluctuation in commodity costs. Which property types/markets are people getting the highest yield on cost? Any change in constructio ...

13 comments - 2 silver bananas - Dec 28 2018 - 10:50pm - Wolfy22

Hello All, I am exploring next steps for my career and would love to get this community's advice on what would make sense for me if I wanted to work more directly in real estate. I currently am a 2nd year analyst at a top non-MBB consulting firm, and ...

29 comments - 1 silver bananas - Feb 15 2016 - 11:10pm - VodkaRedBull

I'm graduating from a large state school with lots of alumni everywhere. I've got good experience, I'm personable, and I'm graduating with a 3.0 cum GPA (not fantastic). I'm trying to figure out if I want to do RE Development, or ...

21 comments - 2 silver bananas - Jan 3 2017 - 10:24pm - REmonkey2

So I recently accepted another position and am starting my new job in a few weeks. I currently work at a mom and pop development shop who have about 250 employees, 95% of the employees are construction workers and property managers. I am the only financia ...

11 comments - 2 silver bananas - Jan 17 2019 - 7:40pm - PDiddy-72

I am looking to get into real estate development but have a minimal knowledge in real estate finance. I am aware that in order to enter the field a satisfactory knowledge of real estate finance is necessary. What is the best course I can take online that ...

15 comments - 2 silver bananas - Nov 10 2017 - 9:46am - gpaone97

Guys, what is the difference between a real estate development analyst and a real estate development coordinator? I am applying for jobs with real estate developers and it seems that coordinators are more senior than analysts. Or does a development analys ...

19 comments - 0 silver bananas - Dec 14 2014 - 8:46pm - Realestatenoob1234

Is anyone familiar with Atlanta's major players in commercial and mixed-use development? I'm hoping to make a move from a well-known boutique investment bank to a real estate development firm. I would prefer to be in Atlanta due to personal circ ...

17 comments - 0 silver bananas - Sep 1 2015 - 10:13am - El Seudoporteño

Is anyone familiar with Majestic Realty Company? They're a large development firm in California (in a little known city called City of Industry). It's owned by Edward Roski, who is a pretty famous RE guy in CA and a multibillionaire. They seem t ...

10 comments - 2 silver bananas - Jul 4 2018 - 2:33pm - Anonymous Monkey

Hi All, I'm giving a quick presentation for one of my undergrad classes regarding the opportunity for modular real estate construction. I'm specifically looking for information regarding financial incentives such as increased returns vs. traditi ...

8 comments - 2 silver bananas - Nov 28 2018 - 10:57pm - ab1450

How many (on our forum or know of anecdotally) have taken this career route; and have found the experience rewarding/beneficial on a near-term and long term basis? What did you learn? Where did the experience ultimately take you? Upside/downside of such a ...

13 comments - 0 silver bananas - Apr 3 2015 - 2:47pm - BakersDozen

I will be taking the GMAT exam in 2 weeks and applying to the Columbia MSRED program for the upcoming Summer 2018 semester. I graduated from a mid tier undergrad program with a 3.43 GPA, after which I started an Ops position at a top 10 asset management f ...

9 comments - 2 silver bananas - Jan 8 2018 - 5:53pm - nycred

I live in a secondary city and a lot of infill neighborhoods are seeing tremendous growth. I've seen developers rezone sites that were originally 60ft MAX, and their variance was able to grant them the right to build 195 ft or 19 stories rather; extr ...

5 comments - 1 silver bananas - Oct 9 2019 - 1:18pm - StrictlyBusiness

So this is a question for those who are in the actual real estate development game and have contact with the general contractors who build the projects. How does your shop go about finding general contractors for project? Is it normally word of mouth, or ...

7 comments - 0 silver bananas - Jun 28 2016 - 9:54am - UTDFinanceGuy

Hey WSO RE professionals, I'm heading sales and biz dev for a startup that's designing a deal showcasing and investor management product for small to mid-sized developers. We're looking for short 15-20 min calls with developers who want to ...

5 comments - 2 silver bananas - Dec 5 2018 - 4:48pm - RealEstateSoftware

Looking for current students and recent grads in the central/northern NJ area who are looking for an entrepreneurial venture and interested in real estate investment and development. DM me for more info Entrepreneurship business real estate development in ...

5 comments - 1 silver bananas - Mar 20 2018 - 1:14pm - gpaone97

Frequent reader, first post. Non-target undergrad (pol sci major). Have had success in the Boston area in vc tech space due to connections, work focused in strategic partnerships. Lot of global work and was a principal level at 24. However, despise the in ...

5 comments - 0 silver bananas - Nov 21 2017 - 8:39pm - FredChopin

People talk a lot about how real estate development is an extremely localized business. It requires not only knowing your local market and its intangibles, but all the relationships that help business grow--whether it be with local officials, architects, ...

5 comments - 1 silver bananas - Sep 28 2015 - 10:55am - Ricky Rosay

Hi guys, Hoping to get some feedback from some vets in the real estate development arena. I am a civil engineer with 2 years experience developing large commercial industrial sites in Texas including the last half year managing projects. Ive done work for ...

3 comments - 1 silver bananas - Sep 12 2019 - 8:45pm - sec_underachiever

I am talking to a few hnwi in the next week about buying/recap. An entitled and permitted affordable condo highrise with 180 units. The stack has $35M in bank loan, $15M loan from the state, and $Xm for the land. Land is $7-8M. In place with very little n ...

4 comments - 1 silver bananas - Jan 28 2017 - 4:21am - Agentorange

1st job mba analyst real estate china real estate development ...

4 comments - 0 silver bananas - May 12 2016 - 10:12pm - jel1327

I've heard real estate developers say that you need to develop relationships with bankers to obtain favorable funding terms. Who exactly are they referring to within the hierarchy? real estate development ...

3 comments - 1 silver bananas - Mar 20 2019 - 10:01am - loanshark

if you ultimately wanted to work in development as a project manager, and had an opportunity to join as an analyst crunching numbers etc and getting promoted through the ranks, would you see any value in instead opting to do acquisitions for a few years a ...

3 comments - 0 silver bananas - Sep 19 2015 - 11:56am - NealCaffrey

I've been in construction management for about 8 years in the Boston area and looking to get more into the development side. Thinking about pursuing an MSRED to help the transition. Anyone have any input on which programs would be a better fit; NYU, ...

3 comments - 0 silver bananas - Apr 10 2014 - 10:32pm - NYC Development...

Can anyone suggest any resources be it books or primers on real estate development? I'm staffed on a few developer driven 142 d deals and would like to better understand the development process. real estate development ...

2 comments - 0 silver bananas - Apr 15 2016 - 1:03am - guyfromct

Hey guys, I was wondering if any of you have experience with this program. I was thinking about taking a few classes to learn more and to jazz up my resume a little bit. I graduated this May and am currently working in a back office ops role, last summer ...

2 comments - 0 silver bananas - Jul 7 2015 - 9:25pm - tengleha

One of the biggest things I've seen how far good questions go during an interview. I have some upcoming interviews in Brokerage, Develpment and REPE and was hoping to get some help on some good questions. I've added a few below and would appreci ...

1 comment - 1 silver bananas - Apr 22 2019 - 8:27pm - jtc_CRE

Sup everyone I'm applying to a few schools for Fall 2019 and wanted to get some feedback on how I could go about asking my current boss for a letter of recommendation. I hope to be able to continue working full-time while studying part-time but the M ...

1 comment - 1 silver bananas - Sep 5 2018 - 4:19pm - Cadmonkey117

I am a recent grad with a finance background and have an interview coming up for a smaller company competing with the likes of Situs. The position is for a CMBS Analyst underwriting on agency and non-agency (Fannie and Freddie) loans internally within the ...

1 comment - 0 silver bananas - Jan 11 2017 - 7:44pm - Gegor Lledoog

Hi I was wondering if anyone has any experience with Fore Property Company? How are they perceived in the development industry? Any insight into the company? Thanks Fore real estate development ...

1 comment - 0 silver bananas - Sep 7 2016 - 10:57pm - jjacobs06