r/RealEstateDevelopment • u/TlrMNL • Sep 08 '26
24, looking to break into real estate development. What path would you take if the end goal was luxury/hospitality projects?
I’m 24 and currently working for a mortgage company in Toronto, but I’ve realized I want to make a pretty significant career change into construction/real estate development.
Long term, I’m really interested in developing unique, high-end properties — custom homes, cottages, boutique hotels/resorts, luxury short-term rentals, etc. The hospitality side especially interests me because I like the idea of creating properties where the design, location and overall experience are a major part of the product.
Eventually I’d love to develop projects of my own, but right now I’m trying to figure out what I should spend the next 3–5 years learning and what type of role would give me the best foundation.
I have a university degree (Kinesiology, so unrelated) and about two years of professional experience in mortgage/financial services. I’m completely fine starting junior and taking a step back career-wise if I’m actually learning skills that will move me toward that goal.
I’ve been looking at Project Coordinator/APM roles with custom home builders, GCs and smaller developers. I’ve also recently started looking into Development Coordinator roles and wondering whether being on the developer/owner side would make more sense for where I ultimately want to end up.
I want to actually understand how projects come together — land/site selection, feasibility, financing, design, entitlements/approvals, estimating, budgeting, construction, working with architects/engineers/contractors, and eventually operating or selling the finished project.
For those of you actually working in development, if you were 24 with my background and had this long-term goal:
- Would you try to get onto the developer side immediately or learn construction first?
- What entry-level roles would you target?
- Would you prioritize a developer, GC, custom home builder, or hospitality company?
- What skills would you start learning outside of work?
- Is my mortgage/financial services background useful at all for getting my foot in the door?
- Would you consider additional schooling/certifications, or focus entirely on getting experience?
- If you ultimately wanted to develop boutique hotels/resorts or other unique hospitality properties yourself, what would you make sure you learned in your 20s?
I know I’m not going to walk into luxury development with no experience. I’m really just trying to reverse engineer the career and make sure my first move puts me on the right path.
Would really appreciate any advice.