Senior Analyst hoping to pivot into something more acquisitions focused.
I’ve been a CRE Analyst for almost 5 years now. Started with a self storage firm out of college for 2 years, then a large private industrial developer. I am currently the senior analyst at my industrial development firm and wondering what role I should try to focus on for a future move as I don’t want to be an analyst forever. I’ve been attending networking events to start building my Rolodex hoping a switch into acquisitions would be a good move, but open to other suggestions. Any analysts here that have pivoted to asset management, development, or something else?
[{"id": "i4xobwl", "text": "I pivoted into acquisitions from property management. I did it through networking internally and telling my company what I wanted to do. It was a risk but I really wanted the change\n\nIs there suitable roles within your firm do you think or are the roles that you want only available externally? \n\nDepending on what your company is like you may be able to just straight up ask your manager if you can get more experience in certain areas\n\nThe easiest way I\u2019ve found networking is by finding mentors. If you can find a mentor it really helps as they typically have a predisposition to help people, and so they are much more likely to help you into a job you want", "replies": [{"id": "i4xogcv", "text": "Thanks for the response! Luckily the company I am at now is still young but has tons of capital backing so we are growing very quickly. I\u2019m sure I could pivot into pretty much anything aside from accounting lol. I\u2019m curious, how was the first year after your transition to acquisitions?", "replies": [{"id": "i4xor4u", "text": "Ah that sounds great! I\u2019m not sure of your relationship with your manager but you could always try to word it along the lines of \u201cI really want to gain some more experience of x as I think it will help me in my role doing y\u201d\n\nFirst year was a HUGE learning curve as I had absolutely no idea what I was doing. Luckily my team was super supportive and helped me through. I found a niche that I was good at and focussed on that so I made it worth their while to teach me. Overall it was difficult but I absolutely loved every minute of it", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "i5339s4", "text": "I\u2019m confused what are you an analyst of? You can be an analyst in acquisitions/asset management/etc", "replies": [{"id": "i53na8j", "text": "I\u2019m an acquisitions analyst mainly but I do a lot of ad hoc analysis for asset management as well since we are a growing company.", "replies": [{"id": "i53s5n4", "text": "So to clarify you\u2019re not looking to pivot, you\u2019re looking to move up in the ranks? Have you talked to your managers about how they see that progression happening?", "replies": [{"id": "i53vxlh", "text": "I have but a lot of the progress is in my court as I am going out to networking events and things and just looking for general advice if any one has made a similar move from analyst to a deal maker and how they felt they did that successfully?", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}]