Perhaps my personal career experience might be of some interest here. I spent about 1/3 of my career working in commercial real estate development. After 4 years in professional practice, during which time I obtained my license, I went back to school for an MBA. I then was hired by a real estate developer as a construction manager. That role evolved to project management, with a broader set of responsibilities. After a while, I grew into a development management role, which encompassed almost the full spectrum of development activities, from land acquisition to major tenant procurement to procurement of financing, etc.
In my experience, architects who join RE firms - and do well - rarely, if ever, spend much time designing and drawing. Our experience with design and construction provides a perspective that is quite useful to the development process. However, development is a much, much broader endeavor than is architecture. I believe architects who want to have a successful career in RE probably need to relax, if not break, the confining shackles of architectural thinking in order to achieve significant success. However, YMMV.
Source: http://archinect.com/forum/thread/63722278/real-estate-developers-architect
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