PREI vs Small REPE
Hey guys I have options with either PREI or a smaller repe shop mostly focused on retail (~1 Billion under management, working through buying properties for their second fund) PREI would be pure aquisitions and repe would be 50/50 acquisitions/asset management.  Pay/location is irrelevant, i just want some opinions on experience i may get and anything else you think is relevant.  

thanks
[{"id": "d24chi2", "text": "Do you know what you want to do in the long-term?  \n\nPREI is a pretty solid place to go since they have a ton of capital and you'd be looking at various asset classes under different investment strategies.  \n\nAs for the smaller shop, asset management roles can vary widely from helping make decisions for the benefit of properties to just general reporting stuff.  The latter could be useful but generally ends up being a little tedious.  Hard to know how it'll turn out without knowing the role or shop, but maybe you can find out.", "replies": [], "depth": 1}, {"id": "d24yoae", "text": "Long term I would like to end up in a position where I have the knowledge and experience to either run my own shop or have significant say in the strategy and decisions of a REPE shop.  I understand that some asset management can get tedious, but if my goal is to run my own shop isn't that necessary? or not? Thanks!\n", "replies": [{"id": "d27oaqw", "text": "I do think asset management is necessary, and I don't mean to say that tedious tasks aren't worth doing.  Asset management is important but I think the AM jobs that are more worthwhile will be with those shops where you are helping more with actual strategic decisions for a property and less on the reporting aspect which some of my colleagues spend their time on.  They often lament that they're more just \"crunching numbers\" rather than rolling up their sleeves and working on the property.\n\nIn short, yes I think AM is valuable but make sure you understand the type of role they're giving you.  Sometimes, people in these jobs are just checking boxes off a list and I feel like the value isn't there as much.  Others may have a different opinion.", "replies": [], "depth": 2}], "depth": 1}]