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Noah AhdootMy Resume
USC Real Estate Development ’29New York  ⇄  Los Angeles

NoahAhdoot.

Real estate finance& development.

Noah Ahdoot in a navy suit and blue tie, outdoors in a garden
Study
B.S. Real Estate Development, USC
Graduating
May 2029
Based
Great Neck, NY
Status
Open to summer 2027 and 2028 internships

About

I’m a New Yorker studying real estate development at USC, class of 2029. I started working in the industry in high school and have spent each summer since in a different part of it: operations, construction and development, and acquisitions.

Each role taught the same lesson from a different angle: a model is only as good as the reality behind it. That lesson drew me to the finance side of the business, and it is where I am headed, with acquisitions as the goal.

Email meLinkedIn

01The long-term plan

The path toacquisitions.

  1. 01Now → 2029

    Learn the underwriting cold.

    Finish the B.S. in Real Estate Development at USC and spend summer 2027 and 2028 in real estate finance seats, so that no asset class or capital structure is unfamiliar by graduation.

  2. 02First seat

    Underwrite on the buy side.

    Join an acquisitions or real estate private equity team: underwriting, diligence and closing support on live transactions.

  3. 03After that

    Lead transactions end to end.

    Take deals from sourcing through the capital structure and into the business plan after closing.

  4. 04The long run

    Decide where the capital goes.

    Move from executing transactions to selecting them, allocating capital across a portfolio.

02Track record

Deals, debt,and development.

The product I built and sell, then the deal work behind it: financing and capital markets, managing what's owned, and tying construction budgets back to the model. Each exhibit pairs real figures with an illustration of how the work is done.

Exhibit 01Sample package · figures invented
SUBMITTED VS. LEVELEDSUBMITTEDLEVELINGHarbourlineGLASS & METAL$825,450+$50,500 OF EXCLUDED SCOPE PRICED BACK IN6 LINES UNANSWEREDCrescentCURTAINWALL$812,400LOWEST LEVELED BID3 LINES UNANSWEREDDelmarARCH. GLAZING$903,1001 LINE UNANSWEREDSpread after leveling: $90,700 across three bidsTHE LOWEST SUBMITTED BID IS NOT THE LOWEST ONCE SCOPE MATCHES

011 of 5

LevelBid.

Software I built, and sell to general contractors.

Up to 5competing proposals leveled in minutes, not hours

  • LevelBid is my own product, built end to end and sold to general contractors as a subscription.
  • Leveling competing subcontractor proposals by hand takes an estimator hours: five PDFs, five sets of headings, and the exclusions buried in the fine print. LevelBid reads them, normalizes the scope, flags every exclusion and qualification, and lays the pricing side by side in minutes.
  • Every material finding cites the page and the language it came from, and nothing is scored or ranked. Deciding who gets the work stays with the estimator.
See the sample packageAsk about access
Exhibit 02Illustrative terms
$2.4M MATURING · 2 × 16 UNITSmax loan under each lender testSLACKBINDS$2.00M$2.20M$2.40M$2.60MNational bank6.25% · PREPAY: YIELD MAINTENANCEDSCR 1.25x$2.51MDEBT YIELD 9.0%$2.58MRegional bank6.75% · PREPAY: 3-2-1 STEP-DOWNDSCR 1.20x$2.48MDEBT YIELD 9.5%$2.44MPAYOFFMore proceeds, or a cheaper exitTIGHTER TEST SETS THE LOAN · PREPAY SETS THE EXIT

022 of 5

Financing & capital markets.

Getting the debt right.

$111Mbridge refinancing supported through execution

  • Worked across lending, acquisitions, and capital markets at a vertically integrated developer with an in-house construction team and a 2,200+ unit multifamily portfolio.
  • Supported execution of the $111M PGIM bridge refinancing of The Bold, a 28-story, 164-unit mixed-income tower in Long Island City developed in a JV with Fetner Properties, and ongoing post-closing asset management.
  • Evaluated competing refinancing proposals from JPMorgan Chase and a regional bank for $2.4M of maturing debt on two 16-unit multifamily properties, comparing DSCR, debt-yield sizing, and prepayment terms.
Run a returns modelSize a loan
Exhibit 03Schematic, one square per unit
RENT ROLL · MONTHLY CLOSERECONCILEDB0115uB0218uB0315uB0421uB0515uB0618uB0715uB0812uB0918uB1021uB1115uB1218uB1315uB1418uB1521uB1618uB1715uB1818u18 BUILDINGS · 300+ UNITS · MANHATTAN

033 of 5

Asset management.

Keeping a portfolio honest.

300+unit Manhattan portfolio across 18 buildings

  • Reconciled monthly rent rolls across an 18-building, 300+ unit Manhattan portfolio, tracking in-place rents, vacancy, and tenant delinquency to support ownership’s renewal pricing decisions.
  • Managed capital improvement oversight across the portfolio, tracking vendor scopes and project timelines against budget and escalating variances to ownership.
Exhibit 04Illustrative figures
FAÇADE PACKAGE · $100M+ CLASS A COMMERCIAL OFFICEBUDGETACTUALOVER BUDGETSupplier AMATERIAL−4.0%Supplier ALABOR+8.3%Supplier BFABRICATION−3.4%Supplier BLABOR+5.6%Supplier CINSTALLATION−4.5%ESTIMATES · 6 PROJECTSP1P2P3P4P5P6INSTALLATION

044 of 5

Project finance.

Tying construction costs to the underwriting.

$100MClass A commercial office tower development

  • Coordinated façade fabrication and installation sequencing for a $100M Class A commercial office tower development, tracking material and labor costs against budget across various suppliers.
  • Supported façade cost estimating used in development budgets for six active projects, connecting fabrication-level pricing to project-level underwriting assumptions.
Exhibit 05Schematic
TRDEAIWORKFLOWBY SECTOR · MONTHLY4 HRS / WEEKLINE BY LINE→ AUTOMATED

055 of 5

Automation.

Then I build the tool.

4 hrsline-by-line reconciliation process replaced each week

  • Built and deployed AI workflows converting Turkish and German bank statements into monthly, sector-level cost breakdowns, replacing a four-hour line-by-line reconciliation process each week.

03Resume

On paper.

The record in short. The work itself is up in the track record, and the full resume is a click away.

EducationExpected May 2029

Los Angeles, CA

University of Southern California

B.S. Real Estate Development

GPA
3.8 / 4.0
Honors and awards
Jewish Community Leadership Scholar ($50,000 grant) · Dean’s List Scholar
Relevant coursework
Financial Accounting, Statistics for Finance, Real Estate Career Seminar

Work experience3

  1. February 2026 – August 2026

    New York, NY

    Lions Group

    Multifamily Real Estate Summer Analyst

  2. May 2026 – July 2026

    Great Neck, NY

    ALU Group International

    Project Financing Intern

  3. June 2024 – August 2025

    Great Neck, NY

    Allied Realty and Development Corporation

    Asset Management Intern

Leadership & extracurricular activities2

  1. February 2026 – Present

    Los Angeles, CA

    Marshall Real Estate Finance Association (MREFA)

    • Selected to USC’s premier competitive real estate finance organization; complete technical workshops in underwriting, capital markets, and case-based investment analysis alongside private equity, lending, and development professionals.
    • Working directly with industry professionals and mentoring students on commercial real estate underwriting and modeling.

  2. September 2025 – September 2026

    Los Angeles, CA

    TAMID Group

    • Served as a fund analyst for TAMID Group at USC, building valuation models and pitching equity investment recommendations to a student-managed fund.
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