Application FAQs for the NY Metro Professional Real Estate Program - Cushman & Wakefield

Application FAQs for the NY Metro Professional Real Estate Program

What is Cushman & Wakefield?

What is commercial real estate?

What is the Professional Real Estate Program?

Am I eligible to apply?

Can I apply if I don’t have a work visa?

What if I have a 1-year OPT work visa through my school?

What sort of candidate are you looking for?

Can I apply to multiple positions?

When is the application deadline?

How do I apply to the PREP?

Should I apply if I don’t have a finance, economics, or business background?

Should I apply if I don’t have any commercial real estate experience?

Where is the program based?

What sort of training will I receive?

What sort of mentorship will I receive?


What is Cushman & Wakefield?


Cushman & Wakefield is a commercial real estate services firm founded in New York City in 1917. Today, Cushman & Wakefield has 253 offices in 60 countries with over 15,000 talented professionals who deliver quality services to a diversified global client base. Cushman & Wakefield assists clients in every stage of the real estate process, representing them in the buying, selling, financing, leasing, managing and valuing of assets, and providing strategic planning and research, portfolio analysis, site selection and space location, among many other advisory services.

What is commercial real estate?


Commercial real estate consists of property used solely for business purposes, such as malls, offices, restaurants, and stores. Commercial real estate buildings are owned by investors who collect rent from businesses that operate in the building. Businesses that occupy commercial real estate typically lease the space by working through a broker/agent.

What is the Professional Real Estate Program?


The Professional Real Estate Program is a 12-month rotational program that jump-starts your career by providing you with a solid foundation of industry knowledge and real-world experience. During the 12-months, you will gain a comprehensive knowledge of commercial real estate by taking on exciting projects and rotating through the following lines of business: 

Research


Capital Markets

  • Equity, Debt, & Structured Finance
  • Corporate Finance & Investment Banking
  • Investment Sales & Acquisition

Brokerage/Leasing

  • Commercial
  • Multi-Family
  • Retail

Valuation & Advisory

  • Commercial
  • Multi-Family
  • Specialty Practices

Corporate Occupier & Investor Services

  • Transaction Management
  • Facility Management
  • Project Management

The small size of each rotational class offers you the opportunity to personalize your rotations. Each associate in the rotational program will also be paired up with a senior executive within the firm in a formal mentorship program.

Am I eligible to apply?


All applicants to the PREP must meet the following criteria:

  • Currently in the process of completing your final year at a full-time university
  • Have a minimum GPA of 3.0 on a 4.0 scale
  • Have completed at least one professional internship
  • Have an interest in commercial real estate
  • Can legally work in the U.S. without visa sponsorship

Can I apply if I don’t have a work visa?


No. Unfortunately, we do not sponsor work visas for this position. Therefore we will only accept applicants who are able to work without visa sponsorship. 

What if I have a 1-year OPT work visa through my school and do not require sponsorship until after the program is done, can I still apply?


No. You must not require sponsorship now nor in the future.

What sort of candidate are you looking for?


We are looking for candidates who exhibit the following characteristics:

  • Academic excellence with financial or quantitative interest/competence
  • Demonstrated leadership ability and initiative
  • Strong communication, interpersonal, and influencing skills
  • Strong interest in commercial real estate
  • Flexible, adaptable, and dependable

Can I apply to multiple positions?


Yes. You are welcome to apply to any position for which you meet the minimum qualifications.

When is the application deadline?


The application process is currently closed for the 2015-2016 PREP Class and no longer accepting applications. The application process will reopen for the 2016-2017 PREP Class in September 2015.

How do I apply to the PREP?


The application process is currently closed for the 2015-2016 PREP Class and no longer accepting applications. The application process will reopen for the 2016-2017 PREP Class in September 2015.

Should I apply if I don’t have a finance, economics, or business background?


Yes. While we do look for applicants who have some finance, economics, or business background, we also welcome applicants without the aforementioned experience if they showed exceptional intellectual curiosity, interpersonal skills, and enthusiasm. 

Should I apply if I don’t have any commercial real estate experience?


Yes. You are welcome to apply as long as you have an interest in commercial real estate.

Where is the program based?


The 12-month rotational program will take place in the New York Tri-State area. Rotations will take place in Manhattan, East Rutherford, NJ or Stamford, CT.

What sort of training will I receive?


During the 12-months, you will rotate through various business lines and receive hands-on experience working on different projects. In additional, you will also receive formal technical training through a customized speaker series led internal and external subject matter experts. 

What sort of mentorship will I receive?


You will receive formal mentorship from a senior leader within the company throughout the entire length of the program. You will also be paired up with a peer buddy who will guide you over the duration of the program.