People may get a bit confused with real estate investment banking (REIB) and real estate investment trusts (REIT) because they contain "investment" in their terms. However, in finance, they are classified on different sides. While real estate investment banking is called the sell side, real estate investment trusts are on the buy side. Real estate investment banking clients are classified into 4 main groups, which include real estate investment trusts (REITs), home builders, housing companies and gaming resorts.
Joining real estate investment banking is similar to joining any investment bank group. The application process is the same. The difference is that you will choose your preferences by ticking boxes on the application form. In general, if you receive offers after Superday, you can be placed in any industry or product group based on your own experience and skills.
However, if you are interested in the healthcare sector, you should let the recruiters know. The HR department and group leaders are quite flexible, they will take your preferences into account. In simple terms, real estate investment banking is the act of matching capital seekers with capital providers. With a dedicated team, we offer investment sales, structured and debt financing, and capital advisory services for homeowners and investors in affordable housing.
Real estate investment banks approach properties from a financing perspective and not from a developer's perspective. Typically, the most common transition from REIBs is to Real Estate Private Equity, but the transition is not always smooth. Bulge Bracket Banks always show a strong presence in any sector, and real estate is no exception. At a campus recruiting event, if you express your interest in real estate to an M&A banker, they will probably try to put you in touch with a real estate banker, and that's a great way to get a quick introduction and start a conversation.
Hedge funds and private equity are not very popular exit opportunities, as the real estate sector is fairly established and there are few start-ups in this area. Still, working in an investment bank will be a solid stepping stone to a job in Hedge Fund and Venture Capital if you want to qualify for these funds. Beyond technical understanding, investment banking recruiters also want to test your knowledge of the market, practical operations and companies. Chatham's real estate investment banking team provides tailored solutions to institutional clients in the commercial real estate sector in all aspects of debt equity financing, including debt origination, distressed loan restructuring and workouts, capital raising, capital structure advice, acquisition and disposition advice, and leveraged portfolio analysis and strategy.
Chatham leverages deal flow, relationships and experience to provide sophisticated and unbiased services in the real estate capital markets, from strategic advice to capital raising and restructuring.