Devin Le

Economics and Finance Student at The University of Texas at Austin

Background

About Me

I was born and raised in Vietnam, where I lived until the ninth grade before moving to the United States. Adjusting to a new country, language, and education system taught me to adapt quickly, work hard, and remain open to new opportunities. After completing high school in the United States, I was accepted to The University of Texas at Austin, where I am pursuing a Bachelor of Arts in Economics with minors in Finance and Real Estate.

My professional interests include real estate development, investment analysis, and finance. As a Development Intern at Bercy Chen Studio, I contributed to market research, property underwriting, capital stack analysis, and investor-facing presentations for real estate projects. I also gained valuable exposure to the way institutional lenders evaluate major development opportunities.

Beyond my academic and real estate experience, I have developed strong leadership and customer service skills as a shift leader at Simply Pho House. I also previously operated a sneaker resale business, where I managed inventory, negotiated bulk purchases, and built an online sales platform.

In my free time, I enjoy exploring new restaurants and maintaining an active lifestyle. I regularly work out, play basketball and pickleball, and go running.

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Academic Profile

Education

The University of Texas at Austin

Bachelor of Arts in Economics

GPA

3.82

Expected

December 2026

Minors

FinanceReal Estate

Honors

University Honors — Three semesters — Spring 2025 through Spring 2026

Relevant Coursework

Investment Management
Econometrics
Accounting
Microeconomics
Urban Economics

Certification

Argus Enterprise Certification

Work History

Experience

Bercy Chen Studio LP

Development Intern

Austin, TexasMay 2026 – August 2026

Professional

Built an interactive JV distribution waterfall that sizes LP and GP returns across a three-tier promote structure, computing IRR, equity multiple, and effective share of cash under any combination of equity split, hurdle, and promote.
Built an interactive capital stack model for 7800 Burleson Road, a 316-unit development, comparing a debt fund structure against a conventional bank plus mezzanine capital structure across loan-to-cost, blended cost of capital, and cash-on-cash to give investors a defensible basis for selecting a financing path.
Observed institutional credit screening on 7800 Burleson Road, a $73.8 million mixed-income multifamily development, including how JPMorgan’s team tested submarket vacancy, oversupply, concession-adjusted effective rents, and 60% AMI vs. market-rate rent assumptions.
Built a refinancing pitch deck for ArtHub ATX to support the property’s refinancing opportunity by presenting market research, property positioning, and investment highlights.

Simply Pho House

Current

Shift Leader

Austin, TexasJune 2021 – Present

Service

Deliver attentive and efficient service in a fast-paced restaurant environment while maintaining high guest satisfaction standards.
Monitor guest needs and address concerns promptly to support a positive dining experience.
Accurately enter food and beverage orders into the POS system and coordinate with kitchen and service staff to ensure timely, accurate service.
Demonstrate consistent leadership, communication, teamwork, and customer-service skills across all shifts.

Austin Sneakerheads

Owner

Austin, Texas2018 – 2022

Entrepreneurial

Managed sneaker inventory through organized tracking systems, maintaining accurate records and supporting efficient inventory turnover.
Developed an online sales platform that expanded customer reach beyond local markets.
Negotiated bulk purchasing arrangements with retail store owners to improve profit margins and product availability.
Built foundational experience in sales, negotiation, inventory management, and entrepreneurship.

Academic Work

Projects

Research and coursework projects

EconometricsSpring 2026

The Effect of Interest Rates on Economic Growth

A time-series regression study examining the empirical relationship between U.S. interest rates and GDP growth, with attention to causal inference and omitted-variable bias.

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Key Responsibilities

Conducted time-series analysis using U.S. macroeconomic data to study the relationship between interest rates and economic growth.
Developed empirical regression models to estimate the effect of interest rate changes on GDP growth.
Incorporated control variables and evaluated potential sources of omitted-variable bias.
Applied econometric methods to assess causal versus non-causal relationships between monetary policy and economic output.

Investment ManagementSpring 2026

Simulated Hedge Fund Portfolio

Design and active management of a simulated hedge fund portfolio with an alpha-generating strategy, benchmarked against the S&P 500.

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Key Responsibilities

Designed and actively managed a simulated hedge fund portfolio with an investment strategy intended to generate alpha.
Maintained portfolio tracking error within the 5%–20% range relative to the S&P 500 throughout the holding period.
Prepared a client-facing investment pitch deck outlining the portfolio strategy, positioning rationale, and performance results.
Evaluated risk metrics, factor exposure, and risk-adjusted performance relative to the benchmark.
Used the analysis to support simulated capital-allocation recommendations.

Real Estate Development2026

Capital Stack Model — Construction Financing Alternatives

An editable, multi-scenario capital stack model comparing construction financing alternatives, with live sensitivity tables, a lender equity covenant test, and a presentation mode for sharing results.

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Key Responsibilities

Modeled multiple financing scenarios side by side, each with its own senior debt, junior capital, and equity structure sized off total development cost.
Built sensitivity tables for senior leverage, junior pricing, and base-rate movement, plus a structural comparison matrix across leverage, capitalization, and cost of capital.
Added a lender equity covenant test and built-in validation that flags unbalanced sources and uses, over-leverage, and other entry errors as assumptions change.
Included an editable Edit Mode and a client-ready Presentation Mode, with CSV/JSON export and a shareable link that encodes the full assumption set.

Real Estate Finance2026

Equity Distribution Waterfall — Interactive Model

An interactive calculator that models how cash from a real estate joint venture is split between the sponsor and investor across a multi-tier return waterfall, with a guided walkthrough, sensitivity heatmap, and scenario comparison.

View Report

Key Responsibilities

Built a full waterfall engine covering ownership splits, IRR-based return thresholds, and tiered sponsor incentives (the promote).
Modeled cash timing across the holding period, including partial distributions during the hold and a final payout at sale.
Added a sensitivity heatmap showing how investor returns and sponsor share shift across a range of holding periods and cash outcomes.
Included a step-by-step guided walkthrough and a "show the math" mode that traces every dollar through each tier.

Involvement

Activities

McCombs Real Estate Center

MemberFall 2025 – Present

Engage with industry professionals and peers through networking events, panels, and guest-speaker sessions focused on commercial and residential real estate.
Participate in organized industry treks to major U.S. cities, touring top-tier real estate firms and gaining firsthand exposure to company culture, deal flow, and career opportunities.