These types are debt and equity brokers, NOT real estate investment bankers. REIB should be used to classify groups that handle M&A, IPO, ECM and DCM services. In tough times, capital flies to quality = real and safe assets. Real estate offers this and bond-like returns, while gold has no cash flow.
Gold also does not allow you to depreciate the investment, or leverage the asset. It is not that real estate is an unpopular job, it is that the real estate world is an extremely small world with very few players at the top level. Large amounts of capital and large amounts of property in the hands of a few. There is also a limited amount so this also limits the need for the number of people in the industry.
It is an exclusive world where the work-life balance is incredible, the money is good if not better, and the deals are just as intense compared to IB. You don't normally see real estate investment firms at job fairs and not many jobs are advertised because most real estate jobs are recruited through networks. What are the exit opportunities from working in the investment banking division of a large real estate firm for a few years? Other investment banks? The best MBA programmes? This would be my first analyst position to date (I am a senior and coming out of a target). What are other ways to get into REPE than working in a real estate coverage group? He has a background in investment banking at Rothschild and private equity at Tailwind Capital, as well as an MBA from the Wharton School of Business.
If I knew at 21 that I wanted to go into real estate, I would do real estate-focused work. I think there is a tendency for people who are below the typical type A in finance to go into real estate. The WallStreetOasis investment banking interview course has been designed by countless professionals with real-world experience and is designed to help you get into investment banking by overcoming technical questions. In addition, you can usually make a lateral as an analyst or third-year associate to another sector within investment banking (or move to another bank in another sector).
Several Wall Street banks and investment focused real estate groups are good places for someone with an interest in real estate and investment banking. For the most part, when I've looked into it they are, in fact, a MM IB, but they have a real estate arm that is essentially a debt and mortgage equity broker. I'd like some feedback on this, because as a sophomore who still has time to shift focus in future careers, I wonder if there is really anything that investment banking has to offer over consulting besides a higher salary (obviously a major selling point). During college I achieved a national ranking in tennis, was president of my school's investment club and had two summer internships (neither of which were in real estate).
If you perform well as an analyst in the real estate group of a large company, you are very likely to get an offer at a real estate investment trust.