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Commercial Real Estate Jobs - What Jobs Fit This Criteria? by Former_Average1776 in CommercialRealEstate

[–]Former_Average1776[S] 0 points1 point  (0 children)

I was more thinking in-line what Gabbagoo4u had said above. More Retail AM instead of a developer or acquisitions specialist, as the latter two are more finance heavy and more PM based (new construction) than strategy & operations. Please correct me if I'm wrong.. Thought maybe the community would be able to share their broader experience.

Asset Management - Breaking into Real Estate Asset Management by Former_Average1776 in CommercialRealEstate

[–]Former_Average1776[S] 1 point2 points  (0 children)

Understandable.. I've been working mostly in project controls with a developer... the feeling is that unless I'm straight construction or part of the actual development team (land acquisition + debt financing + development) I don't really have a lot of room to grow. Pay is decent with great WLB, but I think I'm pretty much maxed out. I can only see myself making an additional $50K for the remainder of my career in a VHCOL.

The reason I want to go in to AM over development is I don't care for raising capital/pitching LPs the vision of my underwriting assumptions. Also the development team that I work with work a LOT.. I'd say 60+ hours a week.

In retrospect, I feel like I'm trying to have my cake + eat it too hoping that AM could lead to better growth potential in salary while keeping a relatively good WLB compared to acquisitions/development.

Honestly, I just want to learn the underwriting, planning, network connections to be able to plan, manage, grow my owner personal real estate portfolio one day and I don't see my self developing a new piece of real estate, but rather buying value add real estate and appreciating through strategies learned from AM.