Financial Analyst

About the Company

Art Haus Partners creates housing that is both inspiring and attainable. Founded in Oakland, we design, develop, and manage homes for the urban workforce—renters who have too often been priced out of the communities they support. With roots dating back to 1977, our team has grown into a fully integrated company committed to reimagining affordable housing.

Today we hold over $800 million in assets across 160 profitable residential and multifamily projects, with over 3700 units under management and development in over 60 buildings. By adhering to our five core investment principles – cycle resistance, resident experience, efficiency, cash flow and impact – we consistently create value.

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 Art Haus 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.

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.
• Suppo…