Over a year ago, I lateraled from a firm doing mostly land use/development to a volume lender debt finance practice. By volume I mean I’m on 15+ deals a day. I don’t think this is for me….anyone have any other CRE practices that they enjoy? I’m thinking about jumping back to a borrower side practice, but curious to hear about other CRE associate experiences. Thanks!

like
Posting as :
works at
You are currently posting as works at

I am on the debt side working with a bank. As an associate I’m touching 3-5 deals at a time from start to finish which is great because we get to dive deep while also seeing various product type.
If your looking for that in between it might be for you or a good spot to step into while accessing what part of the cre market you’d be interested in next since you get to work with all parties in the transactions

like

I do lender side finance but our deals are too complicated (we do a lot of complex construction finance, large portfolio deals, across from big sponsors etc.) to run that many - I run 3-4ish at a time (I’m senior) and there’s always a handful of loan servicing work on loans I’ve previously closed to keep me busy as well. However, my firm also has a huge equity side practice and a respected land/use development practice in some geographies. I’d find a firm like this where there’s a variety of work and you can pick and choose so you’re not getting pigeonholed too early.

DM me if you’d like, we’re hiring and I really like my firm and my practice.

like

I do owner/lender side development and construction contracts. Highly recommend.

like

Deal volume is similar across Private Equity (LP) and Lending. The pace is much slower in development (GP) or commercial bank CRE lending. Smaller debt shops may have better work life balance.

like

Curious about this as well, as I see general transactional, land use and PE/joint venture as the three main opportunities for a RE associate.

like

I'm on the Capital Markets/Investor Relations side of CRE. I enjoy it because there's still an M&A aspect with analyzing trends and DD practices. For me it's all about working around capital raises and project valuation/financial analysis.

like

This sounds interesting. I sent you a DM!

I’ve mostly been on the transactional side of CRE. Typical “live deal” volume is 3-6 deals at various stages, with about the same number of matters (sometimes more) that need some kind of post – closing or asset management kind of attention.

I’ve typically done bigger deals (average asset trades for 30 or $40 million per sight, often packaged together in portfolios of multiple sites) which have long fuses (45 to 90 day inspection period, 30 days to close, negotiation of purchase agreement often takes a couple of months), which require a significant amount of due diligence and sometimes include a licensing component, so handling more deals than that as a lewd would be challenging, particularly if contract negotiations, diligence period expirations, or closings overlap.

Where are you located OP?

Joint venture practice is fun because you are negotiating the split and economics and get visibility into that part of the deal. It’s like corporate, but different. Being on the lender side is my least favorite CRE role.

Related Posts

Can I get multiple opinions on Strategy&'s ESV digital transformation group? I'm hearing conflicting background info based on search function.

Interested in things specific to ESV digital transformation:
-Technologies to be proficient in (i'm focused on SC/post-MBA)
-Are most groups traveling right now, or stuck at home? Or is it hybrid?
-Avg length of project (e.g. 3 months?) as well as avg hrs worked per week (including travel, pitching/dev, and other nonchargeables)

like

Does anyone know any reliable career coach or consultant? I desperately want to streamline my career path. Experience: Freelance Professor: 3 Years (Multiple coaching classes in Mumbai) Home Tuitions: 2 years UPSC Preparation: 2 years (Gave several other exam attempts) SSB Conference out, 2019 Eventually ended up in corporate due to life situations (assumable) Currently Trainer & QA Lead with 5.4 LPA. Expected an L4 but it is still being delayed even after a strong doc to present.

like

I’m seriously contemplating taking a software development boot camp. For those who hire new software developers, does it make you stand out if you get your certificate from a university instead of a coding academy (like coding dojo or something)? I noticed the universities are a bit more expensive but is it worth the price to have a university on your resume or does it not really matter?

like

Does anyone have a Procurement exam dump they would be willing to share by chance?

likesmart

So I have few question( Please answer these questions are asked by most of the freshies)
1) After document submission , How much time do they take to release offer letter for freshers ? Its been month for me not received till now
2) How is growth opportunities for fresher member technical.
3) Is there any relocation reimbursement (or any other benefits)
4)Is there free food available
5) will they give macbook to fresher or which laptop

For those consultants out there ... have you found it valuable to have a formal certification for Digital Transformation Change mgmt? What do you feel is the most valuable/marketable certification?

Who has the best M&A Tax Practice ?

like

Hi Guys,I joined Cognizant as a BA.One client took interview for RPA Project.I was pretty happy it's a new tech but into the project the onsite BA's r doing all the work n m just creating documentation.I am really frustrated.I picked cognizant of many good offers.They r spoiling my career.What shud I do? Tell my manager or just resign.Its not good leaving company in 6-7 months.
Plz help.

like

I work in hospitality right now as a young person without a degree. Are there good opportunities for a career if I move up? Or should I go for a degree and switch to something else?

like

Transitioning from law firm life after 6 years to corporate counsel in house position. Any good book recommendations to read before transitioning over?

like

I want to learn as much as possible about digital marketing as I can. Can I get pointed to your favorite resources to learn from? I’m open to free and paid options, I want to get the most up-to-date and future-proof knowledge I possibly can

likesmartupliftinghelpful

What do you see as most attractive exit ops in Europe? In the US, everything is about Tech/FAANG, but it seems way less attractive in Europe (less strategic roles, comp. seems much lower than in the US, very centralized around London/Dublin).

like

I have an offer in the product team of Publicis Sapient and Dell with almost same package. Which one is better in terms of WLB, learning and hike ?

like

I am wondering what am I missing in my resume that I am only finding the jobs no one else wants. I started a new role this past April and not do in love with the new management implemented after I began. I would like to leave quietly, but for more money and better benefits.

Post Photo
likeuplifting

I am planning to join Luxoft poland Krakow, my joining date is 2 Jan. How is the job market in the national economy. Can you provide some insight about the job security in the company. Please 🙏
@luxoft

like

I’m a physician assistant with interests in technology. I’m well versed in epic. I’m looking to leave clinical medicine, what kind of roles are available with epic?

like

Hi Nagarrians,

Can someone tell difference in Technical Specialist, Staff Engineer , Principal Engineer and Associate architect experience wise and seniority wise? Not able to get clarity as have seen people with same experience having one of these designations.

like
like

What carrer shifts could CSMs make?

I made the unusual transition from SDR To CSM. Considering switching roles or going to full on account management roles.

Thoughts?

like

Hi Fishes,

Need your honest opinions, I have offers from India (InMobi) and Luxoft, Poland.
India offer is 10% more as compared to Poland one in terms of CTC, India offer has handsome joining bonus and stocks as well
My aspiration is to work in abroad & travel , but not feeling comfortable to go with a lower salary there
I am a Cloud & DevOps Professional with 7.5 YOE
If I miss this Poland opportunity now, do you think I will have possibilities of getting onsite jobs in future at this level?

like

More Posts

My SSBI experience expires next year May, and my investigation is is in adjudication process. What happened my result don’t come back before my investigation expires?

like

Thoughts on building new, say 4 unit build?

I'm in the rust belt and there is a lot of vacant land for cheap in nice areas. How're the returns vs reno and the process of financing and permitting?

like

Thoughts on $XPEV?

like

Hi I have 2.5 years of experience in python Diango and I am looking for a change. Can someone help me finding out the mid sized and large sized companies who has openings for python diango Role . Thank You

like

Does MS value Agile/Scaled Agile/SAFe etc?

like

Any good product management online course? I saw some previous post recommending Cole Merced and am planning on re-reading a few books on my hand but wandering is there any more recs?

like

Can anyone tell me about EY India ( Not EY GDS) ? Pros and cons

How does it feel to earn less than US Consultants while also struggling for utilization

like

I got offer from Axis Bank for Circle Head in AVP grade with 40% hike. Kindly guide me if its a good deal? I have a 9.5 years experience in other bank. How is work culture comparing with HDFC Bank?

I’ve suffered from workaholism for a long time. Thanks to a lot of great self help books and therapy, I’m no longer putting work on a pedestal and I’m spending a lot more time on self care and my marriage. But, unfortunately, I am now getting withdrawals, because my body is used to the daily adrenaline of throwing myself into work. It’s this terrible feeling of like anguish/unease in my gut, but I don’t have anything I’m worried about- it’s like my body wants to find something to worry about.

like

"There's no whining in baseball!", said very seriously and earnestly ..... to the office dog.

likefunny

Anyone looking for a referal at Salesforce Company. Let me know.

like

Hi fishes, i came accross a msg that EY GDS is currently a burning train And is like going to bankruptcy.
How much true is this news ?

funnylike

Pic thread! Pic thread!! Pic thread damn it!!! Come on everyone!!!!!

likefunny

Anyone used/using HMBradley before for HYSA? They have a 3% rate which seems unreal in this economy. Just want to make sure it’s legit. It’s seems HMBradley is the marketer for Hatch Bank (FDIC insured). Any other recommendations for HYSA?

like

If I made a Meetup group for consultants in the Denver/Boulder area, how many of you would join? Could do everything from hiking, eating, game nights, dog play dates etc

like

Recruiters, can you please give us freelancers the avg range for jr, mid level, and sr level day rates in your city?
My made-up example:
New York
Jr $500-700
Mid $700-$900
Sr $900-$1500

Thank you.

like

Morning S&P Update: Same draw as the YM (Dow) last night. Sell off from All-The-Way HWB happened in Europe. But, look for rebounds as Friday's tend to be range bound. Locked between two 50% levels?

Post Photo

General Question!
According to the new Wage Rules, are companies giving Basic Salary as 50% of fixed Pay? Should we ask HR of our current company or the next company to actually do the same? Or the rule isn't a mandate and it's upon companies to follow it ?

like

Additional Posts in Real Estate - Law

Has anyone taken the CA brokers exam? Thinking about taking it as I enter my second year working in real estate.

like

Just starting up a Airbnb Property Management business. I am located in New Jersey, wondering if corporate leasing townhomes , lofts, and or condos, (if accepted) would be well profitable in the water front area near the Hudson between New York and New Jersey. (Hoboken, edgewater, weehawken, etc)

like

Pro forma or proforma?

like

Conflicts checks question: thinking about making a move from small(ish) firm to a larger one. How detailed will a conflicts list need to be? Haven’t switched jobs since law school, so at a little bit of a loss about the whole process!

like

Student housing property management company recommendations in Southeast?

like

Anyone work at Apple in LA in the real estate department that would be willing to connect with me?

like

Looking to work at a title company? Do they pay well and how prestigious is it? Are there any that are “better” than others?

like

Is there a specific law that allows landlords to put a restriction on the number of days am overnight guest can stay? I have been researching for hours and can't find any case law or statue. Help! (In Texas)

like

I have a lease with my landlord in NYC. He is selling the unit. Am I going to be pushed out by the new owner? I’m still ok till my lease termination date regardless right? I guess that’s all I care about.

likehelpful

What’s a reasonable fee for title/survey review, review of existing lease, preparation of closing docs and effectuating the closing process on a $3M triple-net property? Have a client who was incredulous over our bill; there were no major hiccups in the deal and the title was relatively clean.

like

Any insight into DLA transactional RE in LA?

like

Where have people ended up after a stint (5 years or more) at big law? Would appreciate your responses - maybe in the form of: position, hours requirement, and salary. Thank you so much. ☺️

like

What happened to the ArentFox title policy limits? Is there an alternative?

like

Any one here have any experiences with Goldberg weprin?

like

Title company just gave me a commitment with 72 B2 exceptions and the first one (after standard) is an unrecorded lease from 1862. Send help.

likefunny

Hello! Anyone work at Apple in their legal real estate division? I see an opening for the LA office but I never have any luck applying directly to the companies through their portals. I would love to connect with someone at apple!

likesmart

What are the top firms for RE in Seattle?

like

In CA: PC bought condo while with gf, then quitclaimed it to her via quitclaim deed and sold it to her for $100k, which they put in writing. Fast forward they broke up and PC tried to get his $100k from her and filed suit but her attorney is saying that since he quitclaimed the property to her he has no rights including no rights to the breach of contract claim. This doesn’t seem right but I’m having a hard time finding caselaw that directly says this. Any help will be appreciated!

smart

Pro se plaintiff, an attorney, filed a complaint alleging mold defects after closing on a property. Client, layperson, may have agreed orally to a settlement amount without proof of damages prior to filing appearance and obtaining an attorney. Client filed appearance pro se, then plaintiff sent over a draft settlement agreement few weeks later which client didn’t sign. Client then got an attorney, filed answer, etc. Can this oral agreement be voided for coercion, indefinite mat’l term, etc?

like

In CA, if a tenant dies, who paid 1 year of rent upfront BUT there was no rental agreement, does the landlord still have the right to keep the rent or can the executor of the estate claim it back? Thanks!

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal