Considering Career in Asset Management on the Debt Side
I am looking at an offer for a commercial real estate job as an asset management analyst and an interested if anyone has any experience in that type of role, especially on the debt side. Also it would be good to know of common exit opportunities and if it’s likely that I can get into REPE after a couple of years. Any advice/insight will help on career advice, trajectory of my career, compensation potential, and/or just generally how the work was and what was the most interesting about it.
[{"id": "hpzmsb6", "text": "Debt AM SVP here. Been doing it for about 8 years and have been in real estate for 13 years. Learn fast and be sure to get as much real life experience. If you want to go to PE or elsewhere, try to go to debt UW or better yet Equity AM or acquisitions. That's usually the natural progression.\n\nMy next step will be to head a debt AM platform but if that's not your goal, you may get pigeon holed so be sure to get 2 years under your belt and get the modeling/UW education down so you can make the jump earlier than later. \n\nAsk me any questions or feel free to DM, happy to chat specifics.  Where are you based?", "replies": [{"id": "hpzp69j", "text": "DMed", "replies": [], "depth": 2}, {"id": "hpzvlbr", "text": "Trying to become like you. How has income looked and what do you get now in total comp?", "replies": [], "depth": 2}], "depth": 1}]