Living Room

Discover a career that will make you feel right at home.

Koelbel careers are built on something special.

communityfocused
Community focused.

It’s clear we take great pride in the craftsmanship of our developments. Not only do they make life better for the residents and tenants, they also serve to bolster the communities in which they’re built. Being part of our team means being part of something bigger than yourself.

ongoingcareergrowth
Ongoing career growth.

We not only hire you for who you are now, we also have an eye for who you can become. We reward hard work and loyalty and want to ensure every team member feels they have a clear path for future growth.

bestworkforce
The best workforce in the business.

Koebel and Company has been leading Colorado real estate for nearly 70 years precisely because of the uniquely talented team members we hire. That’s why we’re always looking to add top-notch sales and construction colleagues whenever we can.

Current Available Positions

Please submit inquiries to jobs@koelbelco.com

  • Financial Analyst

    Department: Acquisitions & Development
    Reports to: Taylor Cox/Walt Koelbel
    FLSA Status: Exempt
    Approved by: Carl Koelbel
    Approved Date: January 12, 2022
    Summary: Provide financial analysis and support to the Value-Add investment platform including due diligence and market analysis.

    Essential Duties and Responsibilities:
    – Assist with underwriting, data entry, and sensitivity analysis for potential value add investment in target markets.
    – Perform market research on rents, rehabilitation construction pricing, commissions, and general market.
    – Maintain and expand database of property managers, brokers, general contractors, and other vendors or contacts in the target sub-markets.
    – Examine and compare potential debt and equity structures to maximize returns.
    – Perform initial triage on new deals coming through the pipeline to determine if they are a fit for investment. Retain database of all “pipeline deals”.
    – Assist in due diligence review including market data and site-specific data.
    – Reach out to brokerage firms to let targeted brokers know what types of properties we are interested in purchasing.
    – Participate in calls and meetings with brokers, sellers, contractors, bankers, and joint venture partners.
    – Utilizes CoStar and other available resources to identify and target potential off-market deals that fit the investment platform.
    – Performs research to identify potential off-market acquisition targets and assists with performing initial outreach.

    Supervisory Responsibilities: This role has no supervisory responsibilities.

    Competencies:
    – Excel and Analysis Skills – Understands how to build financial models in Excel; can present data derived from the model in a clear and concise manner.
    – Argus – Argus certification is a plus but not required. Applicants must be willing to become Argus Certified through a training program during non-business hours. Any expenses for certification will be paid by Koelbel and Company.
    – Financial Acumen – Understands basics of real estate finance; can appropriately model various joint venture partnership structures; understand real estate debt; can accurately model various debt structures.
    – Real Estate Acumen – Understands basic real estate product types and lease structures; understands basic market dynamics for a variety of product types.
    – Diligent and Detail Oriented – Focuses on details; capable of assimilating many details and data points into models; understands which details are important. Maintains and updates financial models and labeling such that other team members can quickly and easily understand model outputs and adjust model inputs.
    – Ethics – treats people with respect; keeps commitments; inspires the trust of others; works with honesty, integrity and ethically; upholds organizational values.
    – Organizational Support – Follows policies and procedures; completes administrative tasks correctly and on time; supports organization’s goals and values.
    – Judgement – Exhibits sound and accurate judgement; includes appropriate people in decisions making process; makes timely decisions.
    – Planning/Organizing – Prioritizes and plans work activities; uses time efficiently.
    – Professionalism – Treats other with respect and consideration regardless of their status or position; accepts responsibility for own actions; follows through on commitments.
    – Quality – Demonstrates accuracy and thoroughness; applies feedback to improve performance; monitors own work to ensure quality.
    – Quantity – Meets productivity standards; completes work in timely manner.
    – Adaptability – Adapts to changes in the work environment; manages competing demands; changes approach or method to best fit the situation or project; able to deal with frequent change or unexpected events.
    – Attendance/Punctuality – Is consistently at work on time; arrives at meetings and appointments on time.
    – Dependability – Follows instructions, responds to management direction; takes responsibility for own actions; keeps commitments; completes tasks on time or notifies appropriate person with alternate plan.
    – Critical Thinking – Skillfully conceptualizes, evaluates, and analyzes information as a guide to identify appropriate solutions to modeling, development, and financial challenges inherent in the job.
    – Research and Analysis – Utilizes available resources such as CoStar, assessor and GIS data, and other databases to inform assumptions within financial models.

    Qualifications:
    To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required to perform the tasks. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
    Education and Experience:
    Two years of professional working experience in real estate field is preferred with preference given to previous brokerage and analyst experience. Minimum undergraduate degree from accredited institution. Preference is for business majors with concentration in finance although appropriate work experience will be more heavily weighted.
    Language Skills:
    Ability to read and interpret market data including quarterly reports and trade publications. Ability to write reports and correspondence. Ability to speak effectively with potential investors, bankers, and tenants.
    Mathematical Skills:
    Ability to work with mathematical concepts. Ability to apply concepts such as fractions, percentages, rations, proportions, interest, compounding interest, discounted cash flow, internal rates of return, and other financial concepts to practical situations.
    Reasoning Ability:
    Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardizations exist. Ability to interpret a variety of instructions in written, oral, diagram, or schedule form.
    Computer Skills:
    To perform the job successfully, an individual should have knowledge of Microsoft Excel, PowerPoint, and Word.
    Certificates, Licenses, Registrations:
    None.
    Physical Demands:
    The physical demand described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

    Some travel may be required.

    Work Environment:
    The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Professional attire is expected.

    SALARY RANGE: $65,000 – $85,000 Depending on experience.
    BONUS: Up to 10% of Base Salary based on achieving Outcomes; plus $1,500/asset acquired. Assumes 4-8 assets acquired per year.
    COMPUTER: A company computer and email account will be provided for business use during
    internship.
    WORK LOCATION: 5291 East Yale Avenue.
    BENEFITS: Healthcare, vision, dental and 401k matching. Benefit specifics will be supplied along with offer letter.
    VACATION: 2 weeks per year increasing in accordance with Employee Handbook.
    HOLIDAYS: Position will receive company holidays as per the company handbook.

Koelbel’s been building better for Colorado for seven decades. Discover our rich family heritage that drives us to always enhance the land we touch.

Learn More About Us
Koelbel monogram
Request Info