RE paralegal to REPE
I graduated in May of 2023 from a target school and I am currently working as a paralegal that focuses on real estate transactions (since Jan 2024). I really like RE, however I am trying to be more proactive on deals and am trying to move to REPE. I have started learning valuation and modeling and was wondering if you guys have any advice on making the jump?
I think a relatively tough transition directly but your university brand should help. Maybe you could try to do a MSRED program and then transition over. It’s only one year. Columbia and NYU are great if you want to be in NYC.
Thanks for the advice! I am aiming for NYC, so I'll check those programs out.
For once a real question instead of "is it possible to transition from a $250MM fund to a $2B fund".
To be honest, I think this is going to be next to impossible for you without some sort of grad school reset or a networking miracle.
Gotta be honest, riding it out on the legal side of things will probably get you farther today than being on the investment side. Less competition, more money and the same destination: you can be such a valuable asset to a partnership if you are the legal person when someone else is investment capital markets. You’ll each learn the others trade but practice the legal stuff and own it and you’ll be more dangerous in a handful of years than most analysts/associates
Thanks for the perspective, I appreciate it!
I've seen it done by a former coworker. Paralegal for 3 years then went to grad school to get a MS in RE. Now works in acquisitions in the same asset class they were a paralegal for.
I'm glad to know it's been done before!
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