Real Estate is something that involves large transactions that can hardly be self-invested. Most of the people involved in real estate business seek the help of financial institutions to support their investments and banks, obviously play a significant role. Banks are one reliable source of pooling funds, and you can rest assured that your dealings are secure. Since real estate is a global phenomenon and so these real estate investment bankers are also rated globally. So before we get to know the best investment bankers, we will have to know what investment banking is and how it works.
Investment Banking – A Quick Glimpse:
Investment banks are more like a company than a banker. They are financial institutions that cater to the investment requirements of their clients. Their services range from advisory aid to asset management. Investment banks are so different from the commercial and retail ones. They do not take in deposits from the public, they only offer financial and related services and charge their clients for the same.
So how do they mint money? Simple, they do not take deposits, but they can hold all forms of securities and other financial products. These investment bankers are rated not just based on the performance in a given year, but based on the consistency in its performance over time. The top 5 investment bankers almost 30% of the real estate deals that take place.
The top 3 real estate investment banks:
Bank of America Merrill Lynch (BAC):
BAC protects the interest of its consumers, by providing them financial assistance and also helping them to pick the right financial aid that they require. They serve more than 47 million clients around the globe having themselves tied with more than 35 countries around the world.
Morgan Stanley (MS):
One among the top 3 investment banks it provides a large range of services like investment banking, securities, wealth, and investment management. Headquartered in the New York City, it is the sixth largest bank in the whole of United States of America. It came into existence in the year 1935, and now it works with more than 45 countries.
Goldman Sachs (GS):
Goldman Sachs is an American Multinational Finance company that engages in global investment and offers other financial services. The point to be noted is that they came into existence in the year 2006 that is only a decade ago and is giving a tough competition for the financial institutions that have been around for a period fivefold more than that.