Real Estate Finance

Hello monkeys- Thought I might give back to the community that's helped me get to where I am and taught me about the world of finance. Here's a little about me: Educational Background: T-5 Magnet Public STEM High School (feeder into Ivy; 50% of graduating class of 69 went to an Ivy or quasi-Ivy)...

04 May 2022

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...

22 Jan 2020

Hello friends! Im lucky enough to received associate offers from each of these firms and wanted to get any thoughts from the peanut gallery. Does anyone have any general thoughts on which firm provides the best opportunities, culture, dealflow, etc? They all seem fairly similar in size (Greystar...

06 Mar 2021

I am a prospective RE grad student in NY and am interested in knowing whether it is a good idea to look for opportunities in Bulge brackets in the RE department or to look for firms where RE is the core function? Where does one see the most growth opportunity, in a renowned BB or a small/MM RE firm...

26 Dec 2021

I'm wondering what everyone thinks is the best way to get "better" and more knowledgeable about real estate, especially given it's not a super academic field that you can necessarily learn from a textbook. Specifically, trying to move from a lesser-known LP to a larger "MF" LP or acq role at a large...

14 Dec 2020

Hi everyone, Next week I will be starting my career out of university. This will be at one of the larger European banks within their Real Estate Finance team. Now I do have experience in RE through an internship at a REIB, however not specifically on the principal/lending side of a larger bank....

27 Aug 2020

I have a REPE first-round interview for a summer analyst program in a top 10 REPE group. I am an undergraduate junior where I currently have a concentration in Finance (taken 1 general finance class) and a previous minor in Real Estate from my prior institution before I transferred. I have no work...

24 Oct 2021

In my Argus model, I am modeling tenants to reimburse real estate taxes above their base year amounts. However, the property is subject to real estate tax abatements that phase out over the course of the cash flow, resulting in disproportionately high expense increases year-over-year. This would...

12 Jan 2022

If you're on the WSO real estate forum, surely you've heard about Peter Linneman and his text Real Estate Finance & Investments... but I'd be interested to find out who else is out there. Who are some of the other best minds in commercial real estate? Which titians of our industry do you look up to...

29 May 2018

Hey guys, I finished a first round interview call last week for a 3-year analyst position with PGIM RE Finance and have been asked to do a second round video interview with two Directors next week and complete an assessment. The assessment has no information as to what it is about and the email says...

24 Apr 2019

I'm a senior graduating in May at a semi target Big 10 school. Somehow scored a phone interview with HR for the above new group (apparently elite from what the Analysts are saying). Not saying this to brag, rather because the job post was asking for 1-3 years of experience and Argus proficiency,...

23 Feb 2019

"Dion River front" is one of the developments that just really make life so much easier and enjoyable. It is built by the best in class builders in Cuttack – The Dion Infratech. No matter what kind of home you are interested in, you will find what you want. There is a great selection of 2 & 3...

20 May 2021

So I'm essentially moving from East Coast to London and switching up jobs in the process so I've been interviewing quite actively for acquisitions roles in London for the last month. I've had a few case studies and nothing is particularly out the order (compared to the U.S. process), but I keep...

18 Feb 2021

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 diverse...

28 Aug 2021

Hello everyone. I am a seasoned analyst at a leading economic consulting firm (think BRG, FTI, NERA, CRA) where I have worked on antitrust, damages, and financial market engagements since graduating from undergrad a few years ago. I am considering next steps for my career and would appreciate some...

06 Aug 2021

Anyone have any experience financing self storage deals? Some of these questions are hard to answer obviously without more info but I literally just have no idea and am flying blind so anything helps. - Let's say you have a good class A (if that even exists/whatever metrics they use) stabilized...

01 May 2015

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 industry and not a cultural fit either....

21 Nov 2017

In the October monetary policy meet, the RBA reiterated its decision to keep the cash rate at ten basis points till 2024. Given the current scenario, experts are speculating over the viability of RBA's set timeline regarding interest rates. Westpac has recently increased fixed rate home loan rates....

21 Oct 2021

Hello All, I have a 2 fold question. But let me tell about myself first. I am working for the Real Estate division of a well-known bank (one of the largest in this country). It is a senior analyst position for the Residential Real Estate division. But I want to go to the Commercial side as a...

25 May 2016

Howdy folks, I know questions on ARGUS have been asked before but couldn't find a response to the one I had (feel free to point me to where this may have been answered, if so). I am looking to get more proficient in changing Argus assumptions for models that we receive from brokers and sponsors....

24 Jul 2016

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 will provide me the necessary real estate...

06 Nov 2017

All- I have received an interview test from a small RE acquisition firm. The company primarily deals with SFR (single family rentals) and small apartment buildings. For the test, they asked me to evaluate 3 SFRs which includes determining the rental value, price we should pay, and a gross and net...

12 Jun 2014

Hey guys, I'm preparing for Capital Market Analyst interview at a small real estate finance group in the NYC. When it comes to capital market research, all I can imagine is to build a database and monitor the CMBS/RMBS/SFR/REIT market and then come up with a report w/ recommendations to...

14 Oct 2017

If you aren't 1) on the Ivy/Target --> IBanking bandwagon 2) have any personal connections in the industry I started my career about a year ago after taking a break after undergrad. I'm up to about 80K+ bonus right now working in real estate software technology. I'm getting better on the software...

25 Jan 2013

I'm planning to go back for an MBA with a concentration in real estate. I have no real estate experience, but it's what I've always wanted to do and I'm ultimately interested in starting my own development company. I would like when I graduate to get a few years experience working with a developer...

18 Jul 2012

I've been working at a CMBS special servicing firm (Top 3) as an analyst in the portfolio management arm for about 10 months now. Before I graduated from undergrad in May, I interned here and was offered a full time position starting in June. Since then I have found my job to be more or less easy...

02 Oct 2012

Hey all, I've always found this board helpful so I figured I'd come back to WSO and see if I couldn't learn something or the other. I'm at a bit of a cross-roads and need some perspective, and maybe some ideas. I'm 25 going on 26, and starting to approach the point where I can no longer just dick...

09 Jan 2017

A couple of questions about a company like eastdill 1: can you give me some examples of similar companies in NYC (that have a similarly strong reputation)? All I seem to come across are the capital markets divisions of the places like cushman/cbre/jll 2. Seems like these places are essentially just...

23 Sep 2012

I have recently become involved in a real estate development deal for my company. Can someone please help clarify my question below about the rate? The bank has approved the loan and the rates are as follows: REPAYMENT: - Construction & Stabilization Period: Monthly payments of interest only up to 2...

26 Mar 2014

I've just completed my first internship ever at a prestigious RE Developer, multifamily side- privately owned. They have developed many Class A properties (podium style and wrap style apartments mainly) in the Houston area as well as nation wide. Though I know RE is not a primary focus on this site,...

19 Aug 2012

I am trying to land a position in Commercial Real Estate -- Hotels to be precise, but i'm not gonna be picky for the short-term. I have been trying to re acquaint myself with Excel again: so far i'm working on PivotTable, IF and Vlookups. I understand the likes of BIWS, WSP, etc but I have a few...

17 Feb 2015

Hi Monkeys, I am new to WSO - love the concept and am looking forward to expanding my knowledge. I would love to get any insight into what people think about my goals and planned career paths -- i'm just as happy to hear criticisms -- thanks! I also want to meet and make new connections - if anyone...

17 Feb 2015

Whats the difference? Im just having a slightly difficult time differentiating especially since sometimes job descriptions between both sound very similar. Thanks monkeys!

28 Feb 2015

Would like to get an idea and understand the differences between the two verticals of the Real Estate Finance industry. Would like to know some firms recruiting in each vertical, typical pay packages and bonus structure in each vertical, exit options from each vertical, lateral pivot options and...

29 Dec 2021

What are the best RE podcasts for commercial real estate, especially for someone interested in RE finance?

27 Jul 2015

What is your opinion of working at a commercial mortgage division of a bank versus a mortgage brokerage firm? I am interested your perceived Pros and Cons. I currently work as a loan analyst at a commercial bank and and wanted to know how my position compares to the brokerage side.

12 Nov 2013

Anyone have any info on Goldman's Asset Management Group in Dallas, TX? I believe that they used to be called Archon, but have officially merged completely under Goldman. Is it just AM or Acquisitions also?

24 Feb 2013

Anyone have a good source on a commercial real estate lender directory? specifically looking for some of the lesser known players. i have the crittenden real estate lender directory, but was looking for more/others

28 Jan 2013

Hey everyone, I was curious to hear some opinions in regards to working with specific RE product types. Would it be bad to work for a firm that specializes in only one product type? If so, could you please go into detail which product types are the worst/best, and is it somewhat...

01 Jul 2012

Hey Guys, I have been reading a lot of threads on WSO, but i rarely see any information concerning the college i currently attend. As of now i am enrolled in Brooklyn College with a 3.8 GPA majoring in Business Managment and Finance. Please give me some advice, so that i can break into IB or RE...

12 Mar 2013

Hi, I have an interview for BNP Paribas IBE Real Estate Finance division. Does anyone have any tips or advice on what the culture is at BNP or what they would be looking for as a new Analyst? Cheers

26 May 2015