Multifamily Construction Analyst

Our Story:

From South Africa to Southern California, the ColRich story is a decades-long journey of growth, continuous reinvention and a culture of caring which we call “ColRich Thrive.” Through generations of family ownership, the ColRich brand has evolved, but the company’s foundation remains the same today as in the beginning; build lasting communities through a culture centered around innovation, humility and a commitment to helping others.

Our Bio:

ColRich is a real estate, construction and investment firm focused on value-add, residential real estate in strategic locations in Eastern, Western and South-Central U.S. markets. Our platform’s sustainability is assured through long- term ownership enabled by long-term debt and equity. We are focused on enduring, tax-efficient cash flow for our investors.

In the multifamily space, we actively maximize cash-on-cash returns and capital appreciation by acquiring existing properties with upside through extensive renovation and improved management. Leveraging our unique homebuilding background and construction platform, we reposition these older properties as design-forward, affordable workforce housing alternatives to newer Class A product.

Our new development history includes the successful entitlement, construction, marketing and sales of single-family homes, townhomes, mid-rise condominiums and apartments. Currently we are bringing to market two master-planned, destination-oriented communities offering a combined 5,000 for sale and rental homes over a 10-year time horizon, and several individual new apartment developments (1,000 units).

With a service matters operating philosophy, our team is passionate about supporting residents across our portfolio, building better environments that fuel happier residents, improving investor returns and creating a strong sense of purpose that drives what we do every day.

Our Current Portfolio:

ColRich’s portfolio includes $1 billion of equity actively invested through the end of 2024 in 81 deals across 9 states in 17 different markets. All together, our multifamily and new development activities total nearly 19,000 housing units.

Our Approach:

A vertically integrated, hands-on approach is at the core of our company’s capabilities. Deep in-house construction, design, finance and asset management expertise ensures that our essential functions are managed internally and operationally intertwined to produce indisputable long-term value for our stakeholders. Our communities are built to last, offering enduring and stable environments where our residents will thrive.

Our DNA:

• Caring
• Wired For Connection
• Ever-Evolving
• Hardworking
• Original Thinkers
• Competitive
• Humble
• Seasoned Through Adversity

Our Mantra:

Build Lasting Communities

Our Location:

We are based in San Diego’s Little Italy neighborhood in walking distance to the 100 restaurants, bars & coffee shops we visit with our colleagues.

Position:

Multifamily Construction Analyst

Reports to:

Multifamily Construction Manager

About the Role:

At ColRich, you will work with leading multifamily industry professionals in a fast-paced, high energy environment where your success is measured by the impact you make. As an Analyst at ColRich, you will play a crucial role in optimizing our operational processes to drive efficiency and maximize productivity within this department. The selected individual will work closely with the Multifamily Operations & Construction team, assisting department managers with the oversight of a 20,000 unit portfolio of apartments including stabilized, value-add and newly constructed assets. This position will join our growing operations team and tackle key projects paramount to the growth of the company. The ideal candidate has a natural curiosity to learn, a passion for solving difficult problems, and an expert ability to organize data through tables, charts, reports, and more.

Specific responsibilities include:

Unit Renovation Department

• Maintain and update cost tracking and cost matrix for unit renovation projects
• Analyze unit turn data to identify trends and improve efficiency
• Generate and maintain reports for key meetings, providing insights and performance data allowing for strategic decision making
• Track, analyze, forecast, and reforecast unit renovation progress & costs against the business plan

Multifamily Construction/Operations Department

• Create and maintain reports and trackers for recurring departmental meetings
• Track, analyze, forecast, and reforecast capital projects progress & costs against the business plan
• Develop specialized presentations for senior management/partners and department meetings, incorporating relevant data and analysis
• Create complex queries in excel pulling data from multiple sources
• Develop and maintain key performance indicators (KPIs) to monitor operational performance within the department
• Utilize project management platform to track project milestones and report on portfolio performance
• Coordinate team meetings, schedule appointments, and distribute meeting materials as needed
• Undertake special projects and tasks as assigned by the Multifamily Construction Manager, contributing to departmental objectives and initiatives

Requirements:

• Very strong financial/analytical Excel modeling skills
• Proficient in all other MS Office applications
• Construction or multifamily real estate experience a plus but willing to train the right person with the right attitude
• Ability to work both independently and as part of a team
• Utilize best judgment to meet deadlines and work under pressure
• Strong multi-tasking skills and extreme attention to detail
• Excellent communication skills: verbal, written, and interpersonal
• Highly-organized and good at taking direction
• Comfortable with change; ability to shift focus or direction quickly
• Willingness to travel (although may not be common)
• Full-time in office
• Bachelors degree in business, data analytics, real estate or some related field of study

Benefits:

• Base salary and discretionary annual bonus competitive with industry standards
• $68,700-$70,000/yr salary and discretionary bonus
• Health and dental insurance paid fully at the employee level by employer
• 401(k) plan
• Paid holidays and vacation time