How old are you?
I’m curious what the average age is of CRE professionals engaged on Reddit. 

I’m 40. 

I’ll tabulate and post results to this sub.
[{"id": "etgra9i", "text": "Just got engaged at the age of 32.", "replies": [{"id": "etgrlj1", "text": "Congrats!", "replies": [{"id": "etgrynr", "text": "Thanks!", "replies": [], "depth": 3}], "depth": 2}, {"id": "eth30ji", "text": "Big congrats!!!!", "replies": [], "depth": 2}, {"id": "eti7pco", "text": "Congrats", "replies": [], "depth": 2}], "depth": 1}, {"id": "etgrl17", "text": "Not really doing deals in commercial real estate right now but if it's research for just this subreddit, I'm 29 years old.", "replies": [{"id": "etgs16y", "text": "Thanks \u2014 yes, research for this subReddit.  My hypothesis is that there won\u2019t be many older than 40\u2019s ... but, let\u2019s see.", "replies": [{"id": "etgst7p", "text": "40s :&gt;", "replies": [{"id": "etgxmle", "text": "That's the undercover number. Say it loud, say it proud brotha!", "replies": [{"id": "eth6bnr", "text": "48 and still great!", "replies": [{"id": "eth8epi", "text": "Rock on!!! In this industry; grey hairs go a long way.", "replies": [{"id": "ethadha", "text": "You still have hair!?  Show off ...", "replies": [], "depth": 7}, {"id": "ethaujt", "text": "Nothing wrong with https://youtu.be/mzvk0fWtCs0", "replies": [], "depth": 7}], "depth": 6}], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "etgrvv1", "text": "Capital markets investment brokerage and 26, been in for a year and a half", "replies": [{"id": "etgybqs", "text": "Can you explain why brokers call investment sales \u201ccapital markets?\u201d\n\nAll of the principal side guys I know think it\u2019s silly.", "replies": [{"id": "etgzujc", "text": "They think/would prefer to pretend they\u2019re investment bankers just because they suggested an entity purchase or an UPREIT or sold to a sovereign wealth fund. Sounds better than realtor and they\u2019re probably sick of being mistaken for realtors at family gatherings.", "replies": [{"id": "eth1bat", "text": "That makes perfect sense. Thanks haha.", "replies": [{"id": "eth1i8g", "text": "I think \u201ccapital markets\u201d brokers focus more on debt and equity than selling the RE asset.", "replies": [{"id": "eth2pmh", "text": "How so?", "replies": [{"id": "etjtqx3", "text": "Most large brokerage shops have investment sales brokers and debt and equity brokers. Capital markets typically means debt and equity brokers (connecting lenders with borrowers).", "replies": [{"id": "etjuamn", "text": "They certainly do, but the vast majority of \u201ccapital markets\u201d people I\u2019ve run into actually do investment sales.", "replies": [], "depth": 8}], "depth": 7}], "depth": 6}, {"id": "eth4xcv", "text": "Yea exactly they forward an OM to a debt broker who gives them front row seats in return for any business and thus they are more than a sales agent.", "replies": [], "depth": 6}], "depth": 5}], "depth": 4}, {"id": "etjd3pu", "text": "&gt; Sounds better than realtor and they\u2019re probably sick of being mistaken for realtors at family gatherings.\n\nlol so much this.  Most of my clients are private investors and banks (I did a lot of distressed).\n\nI don't call myself capital markets as I don't really play with deals in those size ranges, but I do mentally roll my eyes a bit when folks are like \"hey you are still in real estate right?  I was thinking of selling.  Is it worth upgrading your kitchen?\" like I have no fucking idea if you want to buy a strip center, STNL, or office building or something we can talk all day on that though.\n\nThe title I use is \"Commercial Real Estate Consultant\"", "replies": [], "depth": 4}], "depth": 3}, {"id": "eth2yvy", "text": "Capital markets is not investment sales. Capital markets is reserved for sales typically 20M+ and cater mostly to institutional buyers and sellers. There are outliers in both cases but that\u2019s the jist.", "replies": [{"id": "etjtoed", "text": "No, capital markets is debt and equity. Investment sales is sales", "replies": [], "depth": 4}], "depth": 3}, {"id": "etr80jk", "text": "&gt;This was a really good quesiton. At the institution I work for our \"capital markets\" group is the people who buy and sell structured/tranched real estate debt and lines of credit for real estate funds. The title makes no sense. May as well say \"financial markets\"", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "etgs88f", "text": "134, but look 10 years younger", "replies": [{"id": "etgsjin", "text": "A model of longevity!", "replies": [], "depth": 2}], "depth": 1}, {"id": "etgsite", "text": "Tenant Rep Office Leasing. 25. Doing it for 3 years.", "replies": [{"id": "eth07qh", "text": "Same! But 27", "replies": [], "depth": 2}], "depth": 1}, {"id": "etgsw0f", "text": "23 years old (2 years in)", "replies": [], "depth": 1}, {"id": "etgtdbw", "text": "29 here", "replies": [], "depth": 1}, {"id": "etgud0t", "text": "27, work on the private equity side", "replies": [], "depth": 1}, {"id": "etgyssa", "text": "24", "replies": [], "depth": 1}, {"id": "etgzl0o", "text": "29", "replies": [], "depth": 1}, {"id": "etgzsdc", "text": "Broker 34. Started at age 27.", "replies": [{"id": "etr7q09", "text": "&gt; What type/size deals do you typically work with? Are there any asset types that you think offer pretty good relative value for a buyer?", "replies": [], "depth": 2}], "depth": 1}, {"id": "eth10hy", "text": "27", "replies": [], "depth": 1}, {"id": "eth1ogc", "text": "1.5 years into Office Tenant Rep at 29", "replies": [], "depth": 1}, {"id": "eth2sfh", "text": "28", "replies": [], "depth": 1}, {"id": "eth2znc", "text": "21, currently in college and working as an analyst for a CRE appraisal firm on the west coast and scared about my future", "replies": [{"id": "ethofdq", "text": "How did you get a gig with an appraisal firm? I\u2019m new in wanting to join the CRE world. Good gpa?", "replies": [{"id": "etq0uq4", "text": "My professor posted about a job offer his friend had and everyone in my class applied. I definitely didn't get it for my GPA(very low).  I think my past work experience and interview allowed me to get the gig. PM me if you have other questions. I'm happy to help.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "eth33jx", "text": "Half yr in, just turned 24", "replies": [], "depth": 1}, {"id": "eth397h", "text": "CRE lawyer.  41.  Good thread idea.", "replies": [{"id": "etr7mu8", "text": "&gt;What is your typical assignment? Dilligence at an equity closing?", "replies": [], "depth": 2}], "depth": 1}, {"id": "eth3mmc", "text": "Commercial Appraiser - 37", "replies": [{"id": "etr7lnt", "text": "What types/sizes of properties do you appraise? Are there any types of assets where you think price and value may be disconnected (where you would be investing if you could)?", "replies": [], "depth": 2}], "depth": 1}, {"id": "eth80oq", "text": "About to get my license. 22.", "replies": [], "depth": 1}, {"id": "eth80uj", "text": "24 y/o, just graduated, looking to get into the industry. Mostly interested in IS and debt.", "replies": [], "depth": 1}, {"id": "eth8ac2", "text": "28 CRE relationship lender", "replies": [], "depth": 1}, {"id": "ethaulx", "text": "31, bought my first large scale property last year at 30.", "replies": [{"id": "etlt9jp", "text": "Want to share any details about the deal?", "replies": [], "depth": 2}, {"id": "etr7i6u", "text": "&gt;Do you come from a high net worth family, or use a lot of leverage, or get it by other means? Just curious.", "replies": [{"id": "ettvp63", "text": "Combination of hard work and luck. Was lucky to get started in RE at the bottom of the recession, spent the last 10 years busting my ass to get to where I am. My family is not poor, but certainly doesn't have the kind of net worth where they could afford to invest any significant amount of money in my business.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "ethclx1", "text": "18 acquisitions for PERE", "replies": [], "depth": 1}, {"id": "ethdb35", "text": "23. Been at Marcus and Millichap for a year.", "replies": [], "depth": 1}, {"id": "ethdimi", "text": "29, LIHTC Equity, Debt, Muni Bonds and PE", "replies": [{"id": "ethekpy", "text": "Out of curiosity, how does PE fit in with LIHTC and muni\u2019s?", "replies": [{"id": "ethqr6v", "text": "Good question. It doesn't at all. The env in my state is such that munis and LIHTC are on the decline, for now. My firm has had to switch gears, it's less lucrative but adapt or...", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "ethe612", "text": "23, 6 months in as an investment sales agent in Texas", "replies": [], "depth": 1}, {"id": "ethf6do", "text": "20, interning in CRE Development", "replies": [], "depth": 1}, {"id": "ethinm8", "text": "24- 2 yrs in.", "replies": [], "depth": 1}, {"id": "ethkksl", "text": "25, Detroit, in charge of Acquisitions and Dispositions for a small PE shop", "replies": [], "depth": 1}, {"id": "ethn6ih", "text": "30 years old here", "replies": [], "depth": 1}, {"id": "ethnb90", "text": "34 commercial appraisal", "replies": [{"id": "etr7ecq", "text": "&gt;What types/sizes of properties, if you don't mind me asking?", "replies": [{"id": "etsbtpc", "text": "All properties and sizes. I'm state certified and have my MAI. The largest property I've done is a $15 million manufacturing facility. The smallest is a $50,000 duplex. Average property is probably $600k - $2 million.", "replies": [{"id": "etsc065", "text": "Hi state certified and have my mai. the largest property i've done is a $15 million manufacturing facility. the smallest is a $50,000 duplex. average property is probably $600k - $2 million., I'm dad.", "replies": [], "depth": 4}, {"id": "etsjr6i", "text": "&gt;I bet you get to see a lot of interesting properties. I'm at a huge institution and it's pretty much only stabilized $50 million or greater assets. It's kind of boring. I used to work at a company that invested in below $10 million properties and felt like I was learning a lot more, or at least facing unique challenges.", "replies": [{"id": "etska7f", "text": "I've been lucky to have great mentors over the years who have helped me solve a lot of challenging properties and appraisal problems. We don't have that many 50 million dollar properties in the Midwest. You must be on one of the coasts.", "replies": [], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "ethrd85", "text": "27, Industrial Broker in Riverside, CA", "replies": [], "depth": 1}, {"id": "ethrmuo", "text": "32 Debt &amp; Equity", "replies": [], "depth": 1}, {"id": "ethtor9", "text": "26 4 years in. Sellside mf Los Angeles, buyside NNN nationally. With Marcus and Millichap.", "replies": [], "depth": 1}, {"id": "eti7r2m", "text": "33 debt side", "replies": [], "depth": 1}, {"id": "etioxgo", "text": "Mid 40's ..... investor", "replies": [], "depth": 1}, {"id": "etj5d1e", "text": "^(28)", "replies": [], "depth": 1}, {"id": "etjc8v8", "text": "33 investment sales.  I'll hit my 10 year anniversary in about a month.", "replies": [], "depth": 1}, {"id": "etjf2o8", "text": "26 CRE Banker. Focus on CMBS originations.", "replies": [], "depth": 1}, {"id": "etjiuk0", "text": "30, run the research department in two tier 1 markets &amp; a 2nd tier market", "replies": [{"id": "etr7c5b", "text": "&gt;Does this mean tracking things like market rent and vacancy rates? How are you defining tier 1? Is that the top 10 or 20 markets? Just curious.", "replies": [{"id": "etu8e6t", "text": "When defining a market tier we typically look at things like total inventory, population, the GDP of the area, and CRE investment volume. When a market meets the thresholds we have for each category we classify it at its respective tier. \n\nTo answer your first question, yes that means I track things like market rent, vacancy rates, availability rates, construction activity, leasing activity, etc. on the market &amp; submarket level. I'm also there to provide our clients with whatever intel they need to help guide their decision making process, often times that comes in the form of rather in-depth analyses looking at a wide range of indicators.\n\nI also write articles on market activity and distribute them to the press, sometimes they get picked up and published, sometimes they get written about by journalists, and sometimes the press discards them if they don't think it's interesting.\n\nEssentially, my job is to know the markets I work in and have the ability to articulate that knowledge to our clients through verbal, visual and written avenues. \n\nI also get pinged for one-offs if we're chasing a big client...those are always interesting.\n\nOn top of all that, I track what's happening in our local &amp; regional economy (major drivers, population changes, employment, inudstry, etc.) and political climate (when it impacts commercial real estate or business). \n\n&amp;#x200B;\n\nThis scrapes the tip of what I do in a nutshell, but it gets much more involved. On a basic level, I'm expected either have or know how to find a lot of hard-to-get information. The roots of my job are in analysis as two positions commonly held before my level usually carry the title analyst &amp; sr. analyst.", "replies": [{"id": "etvhfbz", "text": "&gt;Sounds like you enjoy your job! Have you had any interesting or novel research paper topics recently?", "replies": [{"id": "etx3zz3", "text": "I do enjoy it, absorbing information is something I've enjoyed doing my entire life. Using it to tell a compelling story is even more fun. However, as much as I  do enjoy it I've found something that I think i will enjoy even more that will utilize and expand my skillset; I expect to pivot into the next chapter of my career within the next three years. \n\nOne of my most enjoyable recent projects consisted of finding the trend between industrial development and multifamily property values. We had a client that was looking at purchasing a portfolio of workforce housing (typically Class B multifamily product with less than robust amenities) in one of my markets. It became pretty involved, but we did notice an uptick in the value of workforce housing when large industrial projects wrapped up and the tenant began their operations. Most of the new industrial properties were warehouse/distribution spaces greater than 200K SF and the multifamily properties were all 20+ years old with below market rents, as newly completed warehouses began to start operations demand for affordable housing in the surrounding areas increased, causing an uptick in rental rates for the multifamily units. The portfolio was previously owned by a local family who inherited it from their family, they were looking for an out and our client was looking for an investment. The kicker is, there was a multitude of industrial developments underway within a ten mile radius, and 60% of the space under construction was pre-leased. It's been a year since the transaction closed and as each industrial project closes demand for multifamily space in the area increases, both his occupancy rates and rental rates have began to grow across the portfolio.", "replies": [{"id": "etzeikf", "text": "&gt;It sounds like it worked out well for your client! Spacial demand analysis of that sort can be very challenging. If you are in the NYC area, a few real estate researchers at the bulge banks &amp; large real estate firms are meeting for drinks. I lead the research group for one of them.", "replies": [{"id": "eu1ovql", "text": "It certainly can be, I'm not based in NYC but do occasionally travel there for company functions. I appreciate the offer though! Next time I'm headed that way I'll give you a heads up and see if we can work something out.", "replies": [], "depth": 7}], "depth": 6}], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "etjn4xb", "text": "21 here. Interning with a large multifamily PMC.", "replies": [], "depth": 1}, {"id": "etlp2b7", "text": "27, Analyst, London", "replies": [], "depth": 1}, {"id": "etmutzd", "text": "38 - CRE Development", "replies": [{"id": "etr790v", "text": "&gt;Just curious, what is your typical property type and size?", "replies": [{"id": "etr909g", "text": "All hotel and resort properties. Mostly in the $30M-$70M range depending on project type. Reno vs. new build vs. adaptive reuse.", "replies": [{"id": "etrdoes", "text": "&gt;Ah, are there any types of new projects or renovation strategies that you think look especially attractive for the investor? I'm at an institutional investment company that is active in that space, with deals in the $50mm-$300mm range. We have found a bit of a niche in mixed used assets with apartment/hotel or office/hotel. Most of the hotel-only investors want higher yields while the typical apartment/office investors don't like the risk of hotels. Outside of New York City, which got overbuilt in recent years, we are finding opportunities in most markets.", "replies": [{"id": "ets0x4t", "text": "I don\u2019t think there is anything unusual about hospital investments requiring greater returns. I think that\u2019s just the natural offset for the risk profile of a hotel vs. most other CRE asset classes. \n\nWhat I am seeing is a shift to larger more complicated deals. We\u2019ve been heavy in the adaptive reuse space which in my experience is more difficult than new build (perhaps excepting the entitlement process).  I\u2019m also see major capital infusions into existing owned assets.  New build guestroom towers, property-wide capital plans ($100M+) and other similar major reinvestments.  I\u2019m on the third-Party PM side so I get to see a lot of different approaches, deal thesis, through the various P.E., REIT, family office, etc Owner groups.", "replies": [], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "etpwgat", "text": "37, lead the research &amp; strategy group for one of the bigger CRE institutional investment companies.", "replies": [], "depth": 1}, {"id": "etqmh0s", "text": "34 - secure debt/equity for an industrial development shop.", "replies": [], "depth": 1}, {"id": "ettogpu", "text": "Currently: Retail Leasing Broker - 30 y/o", "replies": [], "depth": 1}, {"id": "etxa6zf", "text": "34, 7yrs this fall, life co mortgage banker and doing my own deals on the development side", "replies": [], "depth": 1}, {"id": "eu05xgf", "text": "38", "replies": [], "depth": 1}, {"id": "eu3kww6", "text": "26. I work at my family\u2019s retail development shop.", "replies": [], "depth": 1}, {"id": "eu3lput", "text": "37 - Development Manager for High Net Worth Family Office. \n\nFormer professional city planner and hydrogeologist working in brownfield redevelopment", "replies": [], "depth": 1}, {"id": "eugqrup", "text": "24, in institutional multifamily brokerage.", "replies": [], "depth": 1}, {"id": "euq80of", "text": "31 - Commercial Appraiser, learning as much as possible to begin investing in the next 2 to 3years", "replies": [], "depth": 1}, {"id": "eux5v2s", "text": "44 - Principal in a brokerage firm", "replies": [], "depth": 1}]