I have tried searching for info but to no avail. I am matriculating into a real estate masters program with the intent of transitioning into real estate investment banking. I have found very little (if any) resources on how to prepare for interviews and modeling tests. Is the process very similar to regular IB? I am well versed in recruiting process for REPE and brokerage but know virtually nothing about how to recruit for REIB.
Any
| +74 | Rise48 - Posts Being Removed, Speaking Only Truths | 46 | 14h | |
| +61 | Help Me Understand Office Rationale Today… | 28 | 6h | |
| +60 | Multifamily Outlook | 26 | 12h | |
| +41 | Lender Funded Interest Reserve - Trying to Make Sense | 18 | 1d | |
| +40 | Real Estate DCM or Credit Family Office | 5 | 1d | |
| +31 | Seeking advice - Raising capital for the first time on a solo deal | 5 | 10h | |
| +22 | Long Term Comp Prospect of CRE | 7 | 3d | |
| +21 | Standing out as a new grad applying for analyst roles | 8 | 4d | |
| +20 | PERE 100 / 200 2024 | 16 | 13h | |
| +19 | Agency MF Underwriting Parameters Re: CNA | 1 | 2d |
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.
curious as well
Based on the most helpful WSO content, the process for recruiting for REIB roles can be quite similar to regular IB roles, but with a specific focus on real estate. Here are a few things you might want to consider:
Networking: Just like in regular IB, networking plays a crucial role in REIB. Start connecting with professionals in the field as early as possible.
Understanding the Industry: You should have a solid understanding of the real estate industry, including key metrics, market trends, and major players.
Technical Skills: Be prepared to showcase your technical skills. This could include financial modeling, valuation, and analysis specifically related to real estate.
Interview Preparation: The interview process may involve a mix of behavioral and technical questions. You might be asked to walk through your resume, discuss your interest in real estate, and answer technical questions related to real estate investment banking.
Training: Consider enrolling in courses that can help you prepare for the role. For instance, the WSO offers a variety of training programs, including a Modeling & Valuation Bootcamp, an IB Interview Bootcamp, and a Private Equity Interview Bootcamp.
Remember, every firm has its own recruiting process, so it's important to do your research on each firm you're interested in. Good luck!
Sources: Interview - Real Estate Investment Banking Analyst, Q&A: Cornell MSRED Student, What internship will help set a junior year internship in Real Estate investments/REPE better: Fortune 50 or boutique IB?
Bump
Similar to regular IB recruiting. Way tougher to get into than brokerage. IMO, REIB is better experience if you want to go to a top REPE. If you like digging into asset level real estate, then go brokerage. But pay is literally double in REIB at a top group like BAML/WF/Citi/JPM
A lot of the top REPE guys/gals I see on linkedin have prior IB/REIB experience. I feel like REIB would position me to do the same. Background is 4 years brokerage, going into top MSRE/D program in NYC. You can prob guess the school haha. Not sure if REIB hires MSRED grads? Can anyone confirm?
I think it’s definitely possible from MSRE program (NYU/Columbia) both have a strong alumni network but you would have to start as an analyst because you have no corporate modeling experience. But yes a lot of the best REPEs hire only IB analysts because they are way more technical than anyone coming out of any asset level real estate role. Their view is: easier to teach an REIB analyst how to model a real estate acquisition than to teach a real estate lending analyst how to model a take private deal.
"REIB" is a term now? Are we just rephrasing, "I just want a job at Eastdil"? Give me a break lol.
REGAL*
Minus iure illum occaecati ipsum enim ut. Molestias velit mollitia aut qui ab tenetur sed quasi. Doloremque placeat facilis et voluptas.
Sed in consequuntur est. Ullam nesciunt reiciendis dolor quod illum at. Necessitatibus ab dicta iste nulla ullam. Quam sit voluptas aut sunt voluptate.
Quia quidem quasi et saepe temporibus rem vel. Quae consectetur placeat repellat nesciunt harum dolore consectetur quo. Consequuntur ullam reprehenderit dolores molestiae in.
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...