Salary expectations for entry level position in development shop?
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[{"id": "j2br607", "text": "In this market, you\u2019re going to be in a tough position. Between high interest rates and material costs, very few deals are penciling. With no deals happening, there isn\u2019t a huge need for development staff at the moment. Some shops are starting to layoff people, so with no experience and a larger candidate pool, you\u2019ll be in a tough negotiating spot.\n\nYou\u2019ll probably find more traction at a pe shop with an active fund.", "replies": [], "depth": 1}, {"id": "j2btd16", "text": "50-75k? Matters what shop, the number of deals, asset class, etc. maybe 50k is low for LA but honestly don\u2019t know, entry level development positions don\u2019t pay super well and it\u2019s more about learning how to run the deal and the experience you\u2019ll get there", "replies": [], "depth": 1}, {"id": "j2bzi91", "text": "Google \u201cCel 2022\u201d bench mark salary report CRE", "replies": [{"id": "j2bzk8k", "text": "I\u2019ve posted it on other posts here", "replies": [], "depth": 2}, {"id": "j2c7g5i", "text": "This is awesome. Thanks", "replies": [{"id": "j2dmvk9", "text": "Agreed. Very helpful", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "j2ck9tf", "text": "65-75, but as others have said, look into analyst jobs as well. The nice thing about real estate development is there are so many different factors that you can refine outside of specifically development. I learned underwriting while working for an acquisition firm. I know guys who developed great skills on the debt/brokerage side. Just getting into RE is the first step. Remember you can always adjust", "replies": [{"id": "j2cmai0", "text": "Graduating from Undergrad or grad?", "replies": [], "depth": 2}], "depth": 1}, {"id": "j2desff", "text": "All salaries for job listing will be public in California starting 2023.", "replies": [{"id": "j2f00we", "text": "That will be salary ranges for job categories.   Job categories can be very wide which will make the salary range wide.  Should be fairly useless for anything over 20 employees.", "replies": [], "depth": 2}], "depth": 1}]