Real estate investment platform, guided by data and discipline.

A data-driven real estate investment, asset management, and development platform focused on multifamily and residential assets.

Pemdas Capital is a real estate investment platform founded by MIT-trained professionals. We combine institutional analytical rigor with hands-on operating experience to source, underwrite, and execute multifamily and residential investments grounded in data.

Active across select U.S. markets, with a focus on fundamentals-driven communities.

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We underwrite to probability, not possibility.

Proprietary multifamily performance datasets

Empirical benchmarking and statistical analysis

AI-enhanced scenario and sensitivity modeling

Probabilistic underwriting versus deterministic pro formas

Grounded in Nobel Prize winning theories in behavioral economics, Pemdas leverages proprietary datasets and agentic AI to benchmark assets against comparable reference classes to analyze quantitative and qualitative performance distributions—revealing operational alpha through disciplined execution rather than forecast optimism.

We underwrite to probability, not possibility.

1

Market Selection

Leverage public and private data to identify markets with favorable structural fundamentals and tailwinds.

2

Proprietary Data Infrastructure

Multifamily performance datasets form the foundation for analysis.

3

Automated Data Parsing

Agentic tools analyze and benchmark property data with unprecedented efficiency.

4

Reference Class Benchmarking

Asset performance is benchmarked against comparable performance to identify distribution trends.

5

Operational Alpha

Benchmarking reveals pricing inefficiencies and operational dislocations.

6

Disciplined Execution

Hands-on experience translates opportunity to realized performance.

Grounded in Nobel Prize winning theories in behavioral economics, Pemdas leverages proprietary datasets and agentic AI to benchmark assets against comparable reference classes to analyze quantitative and qualitative performance distributions—revealing operational alpha through disciplined execution rather than forecast optimism.

An experienced leadership team combining institutional investing, development execution, and quantitative research.

Luis Muro

Co-founder & Managing Partner

Luis is a civil engineer and real estate developer with over eight years of experience in ground-up, adaptive reuse, and mixed-use residential projects. He has led an office-to-residential conversion project in Caracas and the construction of 100+ condominium units, overseeing design, entitlement, and project delivery. As an entrepreneur, he founded and scaled ventures in real estate and retail, combining analytical rigor with hands-on execution. Luis holds a BS in Civil Engineering from Universidad Metropolitana of Caracas and an MS in Real Estate Development from MIT.

Luis Muro

Co-founder & Managing Partner

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Dean Firouzian

Co-founder & Managing Partner

Dean has asset managed and underwritten over $2B in real estate across debt and equity, and led $500M+ in multifamily and mixed-use acquisitions and dispositions. His experience spans The Bernstein Companies, JBG Smith, CW Capital, and Ancora Real Estate, where he built financial infrastructure for a vertically integrated platform. Dean specializes in disciplined underwriting, reference-class analytics, and execution-driven operating strategies. He holds a BA in Finance and Economics from Miami University of Ohio and an MS in Real Estate Development from MIT.

Dean Firouzian

Co-founder & Managing Partner

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Sam Jakshtis

Head of Research

An economist and data engineer, Sam has built predictive systems for proptech and private equity firms. His work combines econometrics, data engineering, and machine learning, bringing analytical rigor and creative innovation to Pemdas’ data-informed investment approach. His research drives Pemdas’ RCF engine and Composite Scoring model, translating complex datasets and training agentic AI to produce actionable insights. He holds a BA in Economics and Data Science from Macalester College and an MS in Real Estate Development from MIT.

Sam Jakshtis

Head of Research

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