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I think both are equally strong experiences for PERE (team PERE vs REPE here). A deal can only be made if there is a target property AND with capital lined up to buy it so both sides of house work in tandem. I would go with your intellectual interest. And also tough to get a job in either at this very moment, but coming out of the cycle will be a great learning experience.
Investment sales vs a debt/equity what exactly? Not sure if I understand the question. Investment sales is typically the best way to get transaction/ underwriting experience which will help you get a REPE role.
TEAM REPE