Exit Options/Economic Health for Real Estate?

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Exit Options/Economic Health for Real Estate?

Postby Anonymous User » Thu Mar 14, 2019 4:19 pm

What are the exit options for a V10 big law real estate associate? Is it a bad time to go into real estate with the possibility of a recession looming near? Would working at a firm where you can do a lot of distressed entity real estate work during bad economic times sufficiently insulate a young real estate associate from being laid off?

JHP

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Re: Exit Options/Economic Health for Real Estate?

Postby JHP » Thu Mar 14, 2019 4:34 pm

Following.... Particularly interested in thoughts on the outlook for REIT market as well.

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Re: Exit Options/Economic Health for Real Estate?

Postby Anonymous User » Fri Mar 15, 2019 10:52 pm

I'm also interested in this

RedPurpleBlue

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Re: Exit Options/Economic Health for Real Estate?

Postby RedPurpleBlue » Sat Mar 16, 2019 10:18 am

I don't know the answers to your questions, but I know that whoever is going to end up answering them will want to know your answer to the following question first. Do you primarily do dirt work or finance or a mixture of both?

Anonymous User
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Re: Exit Options/Economic Health for Real Estate?

Postby Anonymous User » Mon Mar 18, 2019 12:12 pm

RedPurpleBlue wrote:I don't know the answers to your questions, but I know that whoever is going to end up answering them will want to know your answer to the following question first. Do you primarily do dirt work or finance or a mixture of both?

Finance, only a little bit of development.

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Re: Exit Options/Economic Health for Real Estate?

Postby Anonymous User » Sun Mar 24, 2019 4:58 pm

Bump

Anonymous User
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Re: Exit Options/Economic Health for Real Estate?

Postby Anonymous User » Mon Mar 25, 2019 1:15 am

To keep the thread alive, as a midlevel RE finance associate I've seen people go in-house with banks, and in one case a well-known leasing startup.

FND

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Re: Exit Options/Economic Health for Real Estate?

Postby FND » Mon Mar 25, 2019 1:39 pm

banking/mortgages are the natural transitions.
IF you can get much further up the chain (partner) you can transition into a REIT - particularly if you an get exposure to securities law.
But those opportunities are few and far between, you're gonna have to be lucky to know the right person at the right time.

carsondalywashere

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Re: Exit Options/Economic Health for Real Estate?

Postby carsondalywashere » Tue Apr 09, 2019 5:55 pm

How often do real estate finance lawyers go in-house, whether to a bank, fund, or company (I'm guessing not too many companies hire real estate finance people)?

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Re: Exit Options/Economic Health for Real Estate?

Postby Anonymous User » Tue Apr 09, 2019 6:23 pm

From what I learned in undergrad finance classes, the real estate industry has an incredibly high beta, which in the simplest sense means this industry is incredibly cyclical. A caveat is that REITs have a relatively low beta due to diversification so REITs execution/formation practices could still relatively sound during down times.



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