Senior Investment Associate

3 weeks ago Be among the first 25 applicants

Culdesac is a real estate developer and neighborhood manager of walkable, mixed-use communities designed to embrace a culture of belonging, transportation freedom, and thriving local businesses. We built Culdesac Tempe, the first car‑free community built from scratch in the US. Located directly on the light rail in Tempe, Arizona, it is already home to over 350 residents and 23 local businesses, and it will have 1000+ residents desac is the co‑developer and tech‑enabled property manager.

Learn more about our vision, our product, and how we are changing how people live, work, and move:

• Watch An immersive look at life in our car‑free neighborhood by Hard Reset
• Read Living Car‑free in Arizona, on Purpose and Happily by The New York Times
• Read America's “First Car‑Free Neighborhood” by Dwell
• Watch Blueprint for Environmentally Friendly, Car‑Free Living on PBS News Hour
• Listen to the conversation about designed environments to improve healthspan, mobility, and positive habits – Ryan Johnson and hall‑of‑fame basketball player Steve Nash on the Good Traffic podcast

We’re headquartered in Tempe, AZ, founded in 2018. CEO Ryan Johnson was on the founding team of Opendoor and has managed property since 2003. Our investors include Khosla Ventures (led OpenAI’s seed round), Lennar (#2 U.S. home builder), Zigg Capital, and Y Combinator.

As a Senior Investment Associate at Culdesac, you will help drive data‑driven decisions by maintaining and expanding our financial infrastructure and investment processes as we scale. You will play a key role in our real estate strategy
, supporting the analysis of existing and potential locations, as well as related outreach, design, and planning
. You will report to the Chief Investment Officer, while also working closely with our CEO, cross‑functional teams, investment partners, lenders, and other key stakeholders.

While this list represents what we are ideally looking for, we encourage you to apply even if your resume includes strengths and experiences that don’t match everything listed here. We expect most candidates will need at least 4‑6 years of relevant experience to fulfill this position.

• 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.

We are headquartered in Tempe, AZ. We encourage employees to visit and work from our beautiful Tempe office. For this role, we prefer candidates based in Phoenix, AZ or Dallas, TX, though we will consider qualified U.S.

-based remote applicants.

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  Benefits Package – Options for medical, dental, and vision coverage.
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  Family Planning Benefits – Support for family planning resources and services.
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  Parental Leave – Up to 12 weeks paid time off for qualifying events.
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  401K Savings Plan – Retirement savings plan available to employees.
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  Work From Home Stipend – Up to $500 for equipment paid by the…