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 $1.1 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: Capital Markets Senior Associate – San Diego, CA
About the Role: The Capital Markets Senior Associate will play a critical part in driving investor relations efforts; overseeing investor reporting, investor communication, and various levels of financial reporting.The position will report to the Director of Capital Markets. Candidates must have a minimum of 5 years of experience, be extremely proficient in excel, familiar with core real estate finance (distribution waterfalls, discounted cash flows, IRR analysis, etc.), have strong writing skills, and be comfortable working in team settings.
Specific responsibilities include:
Investor Relations
- Quarterly Investor Reporting
-Oversee the preparation and presentation of quarterly investor reports, ensuring accuracy and clarity
-Analyze financial performance, trends and market conditions to provide meaningful updates to investors
- Annual Portfolio-Level Investor Reporting
-Create comprehensive annual reports summarizing portfolio-wide performance and key insights for stakeholders
- Investor Meetings and Communication
-Conduct regular meetings to update investors on the performance of existing deals, providing transparency and fostering trust
-Respond promptly and effectively to investor inquiries
-Assist in the development and execution of fundraising efforts for new projects
-Collaborate with senior leadership to identify and engage potential investors
-Manage administrative tasks including joint venture documentation, assignment of partnership interests, estate planning, and valuations.
Distributions & Financial Analysis
-Review business plans from an equity standpoint, focusing on cash management and distribution projections
-Collaborate with internal teams to update and revise plans as needed
-Manage all aspects of quarterly distributions to investors, ensuring timely and accurate execution
-Prepare detailed distribution statements, including allocations and financial breakdowns
-Maintain deal level waterfalls to track promoted interests and investor returns (cash-on-cash, IRR’s, multiples)
-Prepare deal specific analysis including sensitivity tables, debt analysis, delinquency analytics, renovation ROI, CAGR, etc.
Requirements:
- Minimum of 5 years of experience in real estate finance
- Bachelor’s degree in Finance, Economics, Business Administration or related field
- Highly proficient in Excel and advanced financial modeling
- Strong understanding of finance concepts, including discounted cash flows, IRR’s, equity multiples, loan sizing and investment waterfalls (promote modeling)
- Exceptional communication and interpersonal skills to manage and strengthen investor relationships
- Highly organized, detail-oriented and capable of managing multiple priorities
Benefits:
- Base salary and discretionary annual bonus competitive with industry standards
$120,000 - $140,000 depending on experience
- Health and dental insurance paid fully at the employee level by employer
- Eligible upon hire for 401(k) plan
- Paid holidays and vacation time