About the Company
ArtHaus Partners is setting a new benchmark for workforce housing. Our innovative approach to multifamily development creates beautiful and well-appointed apartments for our residents at an attainable price point. We develop, manage, and operate a portfolio of 4,000 units, including 1,700 in development across 60 buildings representing $800M in real estate assets.
The ArtHaus Partners team includes 40 talented real estate development & construction, asset management, and investment professionals operating in the Bay Area for over 20 years. The firm's Principals have worked together for over a decade in ground-up development and value-add opportunistic strategies establishing a strong track record of managed growth and performance.
ArtHaus Partners serves the "missing middle" segment of workforce housing– people earning 80-120% of an area's median income– as the housing supply for this demographic has not kept pace with its rapid growth. More recently, the company has expanded into student housing to address the needs of this adjacent underserved market.
ArtHaus Partners focuses on developing purpose-built, comfortable, transit-oriented, affordable housing accessible to everyone. The firm believes in making an impact in the communities it serves "doing well by doing good". Please learn more at www.arthauspartners.com
Financial Analyst Overview
This is an exciting opportunity to work on the Acquisitions & Development team of a fast-growing real estate investment and development firm. The role will work directly with the Senior Acquisitions & Development Associate and will gain significant exposure to the full acquisition and investment process. To assist in the deployment and management of ArtHaus Partners' investment vehicles, the role will analyze new prospective acquisitions and ensure financial control for active projects, including both value-add and development projects. This position requires a very high level of analytical abilities which will be critical to ensuring financial accuracy through the deal life cycle. The role will also have cross-functional exposure to other teams such as our Investment, Finance, Design/Construction, and Business Development teams.
Primary Responsibilities:
Underwriting and Pro Forma Management:
- Own financial models for value-add and development projects, including: initial underwriting, updates throughout the due diligence, and during project execution
- Validate all pro forma assumptions (revenue, expenses, financing, capex, etc.) using portfolio operating data, market research, disclosures and other sources.
- Perform sensitivity and scenario analysis to further define risks on specific transactions or prospective markets, as well as support on key decision-making throughout the project lifecycle.
- Collaborate on improvements to Riaz Capital model template(s) and underwriting tools as needed.
- Own and advocate for global assumption changes (financing, calculation updates, new functionality, etc.).
- Assist in ad-hoc and periodic preparation of reports and analysis pertaining to project returns, cash flows, schedule, or other strategic initiatives as needed.
Deal Sourcing and Pipeline Management:
- Support the acquisitions team on the sourcing of new deals through new and existing broker relationships, deal sourcing software, and direct to owner outreach.
- Sourcing needs will include both development projects as well as value-add and distressed Multifamily opportunities.
- Daily management and updates within deal pipeline software.
- Support on the creation of LOIs, PSAs, and deal structuring with AVP of Acquisitions and transaction attorneys.
Investment Memo and Deal Presentation:
- Create and assist in the ongoing management of investment memorandums and other deal related documents to be communicated both internally to the team, and externally to investors and lenders.
- Work with investor relations team to prepare materials for pitching deals to prospective investors, ensuring that the information and returns provided are accurate and complete.
- Assist in the updating of investor reports as well as monthly investment meeting materials.
Due Diligence:
- Support the acquisitions team on all aspects of the due diligence period to identify and validate risks.
- Work with external consultants to order necessary reports, and support on the navigation of risks as they arise during the transaction.
- Organization and review of disclosures, documents, reports and all other due diligence findings.
- Conduct in-depth market research including but not limited to rent studies, sales analysis, supply pipeline, etc.
- Advocate for the entrance to new markets based on research completed.
Development Management:
- Coordinate with the construction team throughout project life and assist with bid-leveling and construction scenario analysis.
- Support Senior VP of Development, which may include:
- Creating and analyzing project schedules and budgets.
- Assisting with regular model updates of existing projects
- Tracking progress against underwriting schedule.
- Filing and/or managing application process for government agencies, insurance, and other programs as applicable.
- Supporting on overall deal management and decision making.
Secondary Responsibilities:
- Other tasks as assigned on an as needed basis to help achieve goals of the Acquisitions & Development Team.
- Other tasks as assigned and in coordination with other departments to achieve greater company goals and objectives
Qualifications:
- Bachelor's degree in Finance, Real Estate, Economics, or related field.
- 1 - 3 years of relevant experience in real estate private equity, investment banking, real estate lending, development, or a similar transactional or analytical role.
- Demonstrated experience building and maintaining detailed real estate financial models for value-add and/or development projects (including cash flow, sources & uses, returns, and sensitivities).
- Command of Microsoft Office suite, including Excel, Word, and PowerPoint.
- Strong written and verbal communication skills, with the ability to synthesize complex analyses into clear, decision-ready materials.
- Understanding real estate market dynamics, regulations, and investment principles.
- Ability to manage multiple workstreams simultaneously in a fast-paced, evolving environment.
- Strong attention to detail and desire to go above and beyond on a diverse range of projects.
- Previous experience with real estate software (CoStar, Origin, and Yardi) is a plus.