About to start a role at a large life co/investment manager on the equity side. Covering the Midwest down to Texas. I love the city although I’m not sure if it’s the place to be for young folks starting their careers? Seems like New York, Sf, LA have more jobs.
Is Chicago not looked at as favorably as nyc would be on a resume? Please share all thoughts.
| +41 | Are we suckers? | 21 | 2s | |
| +33 | Are Development and Acquisition Roles AI proof / future proof? | 8 | 1d | |
| +28 | Acquisitions Comp - Fee and Promote splits? | 13 | 1d | |
| +24 | Improving Analyst Skills | 10 | 20h | |
| +23 | What exactly is Pref equity ? | 12 | 23h | |
| +23 | Looking for JV Equity Partner - Dev Deal SE US | 7 | 8h | |
| +18 | Commercial Real Estate Modeling | 7 | 4h | |
| +18 | How Granular are your Real Estate Models and Analyses? | 6 | 2h | |
| +17 | All my folks in the office space market….thoughts?? | 11 | 6h | |
| +16 | BBG Appraisals Blacklisted | 8 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
It won't matter. As long as the company you're at has good deal flow, you'll be able to move down the line if you want. Companies care about experience and if you're at a reputable shop that'll be the focus point, not where you sit. If you're starting your career, you also have plenty of time to move if you want to in a few years
From what I hear from my friends who live in Chicago, if you don't mind the weather, it seems like a great place to live. Fairly reasonable cost of living and lots to do. I've never really heard anyone bash Chicago like I have heard them say LA or SF
With that said, if you want to be a new yorker, go to NYC. There's plenty of jobs there
Bump
Chicago = shitty weather, shitty pizza, and shitty sports teams!
j/k... NY centric opinion alert.
Chicago has tons of RE employment and lots of firms have HQs and/or major ops there. I think anyone would be fine starting a career there. Personally, not my city, but I have friends there who love it. Lots going on, its a very legit tier one city.
Chicago is legit and if you are young-mid 20's you will have a great time
I'd rather live there than SF
For real estate, at least RE institutional investment, Chicago has a ton of opportunities. It's centrally located with one of the most connected airports in the world, so it's a great place for an investment manager to be located. At least for real estate, Chicago will have more jobs than SF. New York is obviously the top dog, but I would think Chicago and LA aren't too dissimilar. Now, if you want to go work for an operator/sponsor, LA will have a lot more.
Everyone is making good points, and Chicago is easily one of my favorite cities in the country (I also enjoy the cold more than the heat, so the winters don't bother me), but don't discount the architecture! Chicago is home to some of the most important buildings and architects in American architectural history. From the houses of Frank Lloyd Wright and Mies van der Rohe to the skyscrapers of Louis Sullivan and Skidmore, Owings & Merrill, Chicago has always been on the cutting edge of design. I know your job doesn't really have much to do with the architectural tradition but understanding the history of real estate in the city is always an enriching experience and I think can pay dividends in ways unexpected.
Sit quod magni dolore dolorum quasi assumenda. Et aut enim non nisi nesciunt. Natus itaque deleniti magni quia.
Quos et ut similique quo aut et. Et laudantium qui ut. Fuga omnis autem debitis nulla. Repellendus voluptas incidunt dolorem voluptas et. Assumenda minima placeat sunt cupiditate quis dicta modi.
Autem soluta aperiam tenetur nobis sunt. Autem veritatis quis explicabo vel.
Optio sit recusandae aut ut labore quas voluptas. Non omnis minus eius tempore et minus.
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...