Joshua Anderson, Associate, applies his financial modeling and coding skills to complex financial structures to support AHI projects. He has designed and coded the Entity-Level Financial Model (ELFP) for the Abu Dhabi Housing Authority (ADHA), providing an integral tool for projecting funding requirements for its four interrelated divisions. He also designed and coded a model which allows ADHA to value its portfolio of subsidized loans.
Joshua has served as a senior underwriter for Boston Capital, underwriting affordable housing projects funded with the Low Income Housing Tax Credit. He has also been a senior finance director for several real estate development firms including Carpenter & Company and Cathartes Investments. While at Carpenter and Company, he coded the model for a complex capitalization structure which included a long-term participating ground lease, a multi-tiered joint-venture agreement with a tax-exempt lead equity partner, and a taxpaying special partner taking advantage of historic tax credits. While at Cathartes, he brought Portwalk, an urban mixed-use project, through schematic design with full entitlements ahead of schedule. Entitlements included Historic District Commission approval, Planning Board approval, the negotiation of a public-private subsurface garage agreement and an urban private street agreement.
A native of Massachusetts, Joshua holds a Master’s of Science degree from Massachusetts Institute of Technology in Real Estate Development. His thesis focused on the capital structure of real estate investment trusts as they matured in the public equity markets. He also has a Bachelor of Arts in English Literature from St. Lawrence University. Joshua currently teaches classes on the economics of real estate development at Boston University, where he is an instructor at its center for continuing education, and Wentworth Institute of Technology, where he is an adjunct professor in the Master’s Degree in Construction Management program.