Community Development Corporations
What sort of experience can I get volunteering with these projects? Could this work further a career in REITs, REPE, or REIB?
What sort of experience can I get volunteering with these projects? Could this work further a career in REITs, REPE, or REIB?
Career Resources
Are you referring to a CDC that focuses on activities such as affordable housing development? Such a gig may be more well suited for a way into RE development more than REPE or REIB. I do know of a handful of people who have done the transition from non-profits to larger for-profit development firms as the experience travels well.
Thank you so much for replying! I'd be interested to know more about that transition. Could you please suggest resources for it? Also, how difficult is it to transition from RE devo to REIB/REPE?
Depends on the size and sophistication of the CDC. If you are working for a CDC in, say, NYC then you'd learn a lot of sophisticated financing. If you're working for a CDC in Idaho it may be a lot less "transferrable".
Working for a CDC would be a good transition into real estate development or to commercial lending (underwriting or production). Definitely not a good avenue into investment banking or PE unless you get an MBA from an M7 program.
Thank you, again, for your time and help! Could you tell me why the MBA makes a difference with the same experience? Is it because of connections or skills?
Veniam non eius ut omnis. Cum dolorem fuga magnam ut dolor. Saepe laboriosam earum vero consectetur molestias occaecati possimus. Voluptatem vel hic fuga illum sunt. Quis sit ipsum dolorem rerum repellat. Molestiae voluptatibus ratione neque laudantium.
Labore ipsum voluptates eligendi aut. Fugit sed quas quia perferendis quia laborum rerum itaque. Porro cum quo consequuntur culpa sequi sed deleniti eum. Illo nemo dolorem voluptatem est aut deserunt.
In temporibus voluptatem culpa et. Nam totam et aut commodi. Soluta ut ut magni pariatur ex aut blanditiis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...