I am currently a trading assistant at a large IB, but looking into real estate development down south. Is there any transferable skills from my current position, or anything that will blind side me? I am early into my career and want to use the skills that come natural to me. Which skills are ideal for RE development? The position would be for multifamily housing and mix use properties.
Any insight would be greatly appreciated.
| +26 | Acquisitions Comp - Fee and Promote splits? | 13 | 23m | |
| +24 | Charlie Munger & Real Estate | 20 | 18h | |
| +19 | Looking for JV Equity Partner - Dev Deal SE US | 3 | 17h | |
| +17 | How many deals are you guys underwriting per week? | 9 | 5d | |
| +16 | Are Development and Acquisition Roles AI proof / future proof? | 4 | 16h | |
| +16 | Improving Analyst Skills | 7 | 1d | |
| +15 | BBG Appraisals Blacklisted | 7 | 18h | |
| +15 | Commercial Real Estate Modeling | 6 | 11h | |
| +15 | What exactly is Pref equity ? | 7 | 20h | |
| +14 | What is Blackstone's buy box for single family homes? | 5 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Are you good at baby sitting? I feel like half of RE is getting people who don't want to do their jobs (City Officials etc) to do their job.
Not sure how much this helps but I was a Fixed Income trader that switched to REPE. I originally got an internship with the finance team by using my skills/knowledge of credit to help get me in the door. Now I work full time in acquisitions and finance. Definitely possible to make the jump over.
Could you network with RE IB people in your building to learn about the industry? Even the commercial lending guys would have some insight. Another very interesting area I saw at the IB I was at were the guys doing private placements and debt/equity structuring for RE and bond deals. Very high level, but you need to understand the granular details too. That is where I would start.
Quo provident sint minus recusandae totam. Veniam nihil labore hic quia qui et consequuntur. Laudantium neque et modi iste. Sunt praesentium vero et.
Ut et voluptatem ipsum quibusdam fugit nobis. Veritatis aspernatur cum ipsam tempora excepturi.
Voluptas odit similique sunt nemo. Molestiae molestiae sint dolorum deserunt est nesciunt.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...