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 $1.1 billion of equity actively invested through the end of 2023 in 78 deals across 8 states in 16 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:
Ever-evolving
Hardworking
Original thinkers
Competitively Humble
Personable
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: Asset Management Analyst - San Diego, CA
Reports to: Director of Asset Management
About the Role: The selected individual will work closely with and report to the Asset
Management team overseeing a portfolio of apartment communities and commercial investments including stabilized, value-add and newly constructed assets.
Specific responsibilities include:
Review and analyze weekly, monthly, and quarterly reports from third-party property management companies
Responsible for weekly, monthly and quarterly performance reporting for both internal and external use
Monitor leasing and operating performance against objectives through Excel model
Report on ongoing renovation progress and track necessary metrics through Excel models
Ad hoc analysis as necessary
Requirements:
Very strong financial/analytical Excel modeling skills
Ability to create Excel models from scratch and manipulate complex existing models
Proficient in all other MS Office applications
Ability to work both independently and as part of a team
Strong organizational skills and attention to detail
Ability to process work quickly, accurately and with changing priorities
Excellent written and verbal communications skills
Benefits:
Base salary and discretionary annual bonus competitive with industry standards
-$65,000-$70,000/year
-Year-end discretionary bonus
Health and dental insurance paid fully at the employee level by employer