Senior Investment Associate at Culdesac

Tempe, Arizona, United States

Culdesac Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Real Estate, PropTechIndustries

Requirements

  • Conduct due diligence on land acquisition opportunities
  • Build and maintain custom pro forma underwriting models
  • Evaluate financing alternatives and understand what “makes a deal work.”
  • Lead a deal from cradle to grave
  • Organize the preparation and review of quarterly financial statements, annual budgets, and forecasts
  • Review market analyses, real estate tax forecasts, and disposition strategies
  • Prepare and review recurring investor, partner, and lender reports
  • Support the creation of quarterly board documents, presentations, and pitch decks for Culdesac projects and local stakeholders
  • Monitor cash flow, distributions, and returns of existing projects
  • Ensure adherence to operating and capital budgets, surface variances, and communicate risks
  • Ensure assets operate in line with management agreements, JV agreements, and loan documents
  • Manage critical timelines and deadlines for transactions and capital raises
  • Identify and proactively resolve issues that could affect closing or capital flow
  • Review legal documents
  • Work with counsel to negotiate key deal terms
  • Support transaction closings, including the title process
  • Build familiarity with zoning and entitlement processes
  • At least 4-6 years of relevant experience

Responsibilities

  • Help drive data-driven decisions by maintaining and expanding financial infrastructure and investment processes as the company scales
  • Play a key role in real estate strategy, supporting the analysis of existing and potential locations, as well as related outreach, design, and planning
  • Report to the Chief Investment Officer
  • Work closely with CEO, cross-functional teams, investment partners, lenders, and other key stakeholders

Skills

Financial Modeling
Real Estate Analysis
Investment Analysis
Data Analysis
Excel
Due Diligence
Market Analysis
Financial Projections

Culdesac

Develops car-free neighborhoods with rental apartments

About Culdesac

Culdesac has developed the first car-free neighborhood in the United States, located in Tempe, Arizona, where residents can live without private cars. The community features rental apartments centered around communal courtyards with amenities that foster social interaction. It targets individuals and families who value a sustainable lifestyle and offers services like food delivery and shared mobility options. The goal is to redefine urban living by creating a convenient, sustainable, and community-focused environment.

San Francisco, CaliforniaHeadquarters
2018Year Founded
$68.1MTotal Funding
SERIES_ACompany Stage
Real EstateIndustries
11-50Employees

Benefits

Family Planning Benefits - Support and grow your family with care
Remote Work Stipend - Do your best work, anywhere
Mobility Stipend - Be part of the micro-mobility revolution
Flexible Vacation - Recharge with those you love most
Other - Health savings account, 401(k) savings, Commuter benefits, Paid parental leave, Medical, dental, and vision

Risks

Resistance from car-centric communities may hinder Culdesac's adoption in new areas.
Regulatory hurdles in new markets like Mesa and Atlanta could delay projects.
Economic downturns could impact rental income and financial viability of developments.

Differentiation

Culdesac is pioneering the first car-free neighborhood in the U.S., located in Tempe.
The company integrates mobility services, enhancing car-free living with e-bikes and scooters.
Culdesac's design focuses on community-centric living with shared courtyards and amenities.

Upsides

Culdesac's $30M Series A funding boosts its expansion and development capabilities.
Partnerships with local businesses enhance residents' access to daily necessities without cars.
Growing demand for sustainable living supports Culdesac's car-free urban development model.

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