Thoughts on the CRI designation (Chartered Realty Investor)
I'm curious if anyone has any thoughts on the CRI designation. I've heard a lot about the CFA, CCIM, etc.. but not so much on the CRI (http://www.crisociety.org/). I currently work in brokerage and am trying to make the move to an acquisitions role with an owner/developer. Looking for a way to bolster the resume, without quitting work for 2 years and going $30k in debt with an MBA. Any feedback is appreciated!
[{"id": "d7va3wq", "text": "Have you looked at the job postings, do they require MBAs? I realize this is why you're posting here, but don't just get a designation because you think it might help, reach out the people who might eventually hire you (or work directly above you) on linked in and ask your questions. ", "replies": [{"id": "d7vaxyc", "text": "Most (not all) of the positions I've seen don't require MBA's or any designations for that matter. They do, however, require more experience than I currently have in the financial analysis department. The purpose would be to have something that carries a little more weight than \"I've taken a few real estate financial modeling classes\"  that might set me apart more from my competition/other candidates. I'm definitely reaching out in my network as well. I'm just posting here as another avenue of getting advice. ", "replies": [], "depth": 2}], "depth": 1}, {"id": "d7xsyf4", "text": "I've never heard of CRI, but CCIM, CFA are very common, and seemingly well regarded. Just my two cents.", "replies": [], "depth": 1}, {"id": "d7xuo0t", "text": "I am in the same boat as OP (invesment analyst at one of the large brokerage shops). I plan on getting my CRI after I finish up the CFA. It seems like a useful designation if you are in the capital markets world. From my research about the program it seems to be heavily weighted towards the debt and equity placement side of the \"real estate equation\". I think it could be useful at REITS or anyone who has 100million+ in AUM. ", "replies": [], "depth": 1}]