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 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 openings.

Submit resume and cover letter to jobs@koelbelco.com

  • Commercial Development Manager

    Summary:  Koelbel and Company is in active development of several innovative office deals and is looking for a Development Manager to oversee the details and day to day management of the various projects to ensure on time and on budget delivery of unique real estate assets.

    Essential Duties and Responsibilities:

    Supervise the selection and management of development teams, including design professionals, engineers, attorneys, and consultants and negotiate contracts, leases, and other critical legal documents with those vendors to best mitigate project risk.

    Lead the external teams for each development project including architect, owner’s representative, contractor, and various other consultants.  Implement and maintain an overall project tracking and delegation platform through the entire development process from pre-development through commissioning.

    Coordination with construction manager to ensure successful completion and stabilization of projects on time and within budget.

    Manage internal team members and provide necessary information and direction to ensure the team is meeting business plan objectives.

    Spearhead the entitlement and local governmental approvals process, working with the team obtain all necessary entitlements.

    Create and maintain overall development schedules throughout pre-development, construction, project opening, and stabilization and ensure project team members meet schedule requirements.

    Work to keep scope and cost in balance while meeting schedule and quality objectives. Oversee cost management/reporting. Prepare reports to internal management and external clients as needed.

    Participate in the identification and negotiation of debt financing including public and/or TIF financing, public grants, public incentives, and tax credits.

    Provide leadership, mentoring, professional guidance, direction, and supervision to other internal team members.

    Collaborate with marketing, leasing and operations throughout project lifecycle to assure that program and design standard expectations for common areas, building specifications, and finishes are executed in accordance with the business plan.

    Attend weekly OAC meetings and regularly visit development sites to monitor and track project progress.  Some travel may be required and some meetings may need to be attended virtually.

    Supervisory Responsibilities:

    Direct various internal team members in coordination with company leadership to ensure timely completion of necessary tasks outside of Development Manager’s scope.

    As may been needed to accommodate growth in the future, and in coordination with company leadership, recruit, hire, train, and manage any direct reports – evaluating their performance and making compensation/development recommendations accordingly.

    Competencies:

    Critical Thinking – Skillfully conceptualizes, evaluates, and analyzes information as a guide to identify appropriate solutions to problems identified throughout the development process.  Actively identifies potential areas of risk and works to mitigate. Works well in group problem solving situations.

    Financial Acumen – Strong understanding of real estate financing concepts.  Ability to implement the business model as identified in the proforma into action through vendor selection and risk mitigation measures.  Proficient in financial modeling using Excel.

    Self-motivated – Proven track record of increased responsibility and performance across a broad array of areas (e.g. public finance and incentives, permitting, design, construction, finance, and leasing) leading to incremental asset value and realized or quantified profitability.  Successfully motivates and manages team members (internal and external) as required.

    Real Estate Acumen – Understands real estate product types and lease structures; advanced understanding of real estate terms and development processes.

    Architect & Construction Expertise – Knowledgeable of construction and maintenance concepts, practices, and procedures. Experience with leading architects and engineers in obtaining project entitlements through governmental agencies. Experience managing construction teams and associated consultants (materials testing, moisture penetration consultants, etc.).

    Diligent and Detail Oriented – Focuses on details; capable of assimilating many details and data points to formulate and update the business plan; understands which details are important.  Ability to handle multiple projects through the consistent completion of tasks with established deadlines and attention to detail.

    Exceptional Communication – Presentation and listening abilities and a demonstrated ability to navigate investment/development opportunities through a multitude of public and private steps for successful completion of economic goals and objectives.

    Exceptional interpersonal, relationship-building skills; social intelligence, and political acumen.

    Highly motivated, proactive self-starter with the ability to work both independently as well as collaboratively in a fast-paced, entrepreneurial environment.

    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.  Commits to doing the best job possible and delivering the highest quality building.

    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.

    Teamwork: Balances team and individual responsibilities; Contributes to building a positive team spirit; Exhibits objectivity and openness to others’ views; Gives and welcomes feedback; Puts success of team above own interests.

    Outcomes:

    Koelbel and Company has identified several project specific goals that will be delivered as part of the interview process.

     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:

    Ten years of professional working experience in real estate field is preferred. Candidate must demonstrate significant real estate development experience in all areas of development.

    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.

    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: $150,000 – $175,000 Depending on experience.

    BONUS: Up to 10% of Base Salary based on achieving Outcomes.

    COMPUTER: A company computer and email account will be provided for business use during internship.

    WORK LOCATION: 5291 East Yale Avenue and jobsites.  Some travel may be required to out-of-state projects.

    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.

  • Land Development Manager

    Summary:
    Manages and coordinates planning and development related activities for the homebuilding operations in the Denver Metropolitan Area.

    Essential Duties and Responsibilities:
    Includes the following. Other duties may be assigned.

    Project Acquisition/Due Diligence:
    Assist with the review and investigation of properties under contract or under consideration for purchase and development. This would include the review, investigation and studies for soils and environmental conditions/history, demolition, title review, status of entitlements and other issues pertinent to particular properties.

    Planning and Approvals:
    Assist with managing the planning and entitlement efforts for residential projects. This will include managing the architects, engineers, and other consultants to prepare documents required well as working with the variety of jurisdictions to obtain entitlement approvals, development permits, and building permits.

    Design and Homebuilding Operations Coordination:
    Assist with coordinating land planning/construction documents with home building team. This will include providing Operations Coordinator with required information for Building Permit submittals and participating in Plot Plan/Foundation/Building Coordination Meetings, Preconstruction Meetings, Frame walks as well as certain sales events.

    Land Development/Construction/Permitting:
    Assist in scoping, bidding, and contracting land development and landscape construction. This would include the preparation of RFPs, change order processing and tracking, trade coordination, preconstruction meetings, stormwater management, quality control, construction permitting (stormwater, water, dry utilities), negotiating with construction inspectors, and obtaining jurisdictional inspections acceptance, etc.

    HOA/District/DRB Management:
    Assist in preparing governing documents for communities under development. This would include working with the legal and management consultants to prepare documents and budgets and amend as required. Participation may be requested as Declarant Board Member which will involve, quarterly, annual, and special meetings.

    Schedules:
    Working closely with the senior management team, develop project schedules, keep them updated, and regularly communicate updates to the team.

    Budgets:
    Develop and maintain budgets for each new community about the soft costs, entitlements, and site development costs; everything that is not in the “house” budgets. Ability to analyze and communicate effectively alternative phasing and construction alternatives from a cost perspective.

    Professional and Jurisdictional Relationships:
    Maintain and strengthen relationships with jurisdictions where projects are located as well as involvement with supporting profession organization initiatives.

    Supervisory Responsibilities:
    The Development Manager role will not directly supervise and employees of the Company but will be managing consultants and contractors.

    Competencies
    To perform the job successfully, an individual should demonstrate the following competencies:

    Critical Thinking – Skillfully conceptualizes, evaluates, and analyzes information as a guide to identify appropriate solutions to problems identified throughout the development process. Actively identifies potential areas of risk and works to mitigate. Works well in group problem solving situations.

    Financial Acumen – Strong understanding of real estate financing concepts. Ability to implement the business model as identified in the proforma into action through vendor selection and risk mitigation measures.

    Self-motivated – Proven track record of increased responsibility and performance across a broad array of areas leading to incremental asset value and realized or quantified profitability.

    Real Estate Acumen – Sufficient understanding of real estate terms and development processes.

    Design – Participates in project design. Generates creative solutions; Translates concepts and information into images; Uses feedback to modify designs; Applies design principles; Demonstrates attention to detail.

    Diligent and Detail Oriented – Focuses on details; capable of assimilating many details and data points to formulate and update the business plan; understands which details are important. Ability to handle multiple projects through the consistent completion of tasks with established deadlines and attention to detail.

    Communication – Speaks clearly and persuasively in positive or negative situations; Listens and gets clarification; Participates in meetings. Writes clearly and informatively; Edits work for spelling and grammar; Presents numerical data effectively; Able to read and interpret written information.

    Exceptional interpersonal, relationship-building skills; social intelligence, and political acumen.

    Highly motivated, proactive self-starter with the ability to work both independently as well as collaboratively in a fast-paced, entrepreneurial environment.

    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. Commits to doing the best job possible and delivering the highest quality building.

    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.

    Teamwork: Balances team and individual responsibilities; Contributes to building a positive team spirit; Exhibits objectivity and openness to others’ views; Gives and welcomes feedback; Puts success of team above own interests.

    Safety and Security – Observes safety and security procedures; Reports potentially unsafe conditions; Uses equipment and materials properly.

    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. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

    Education and/or Experience
    Four-year college or university program certificate; or five to ten years related experience and/or training; or equivalent combination of education and experience. Land Development Construction experience (preferred).

    Language Skills
    Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to author reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.

    Mathematical Skills
    Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry. Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.

    Reasoning Ability
    Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

    Computer Skills
    To perform this job successfully, an individual should achieve a working knowledge of; Project Management software; Spreadsheet software and Word Processing software, Microsoft Project Scheduling software, and Bluebeam Graphic software.

    Certificates, Licenses, Registrations
    Stormwater Prevention Certification would be beneficial but not required.

    Physical Demands
    The physical demands 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.

    Work Environment
    The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

    Other Skills, Responsibilities and Qualifications
    Administrative & General:
    – Accurately complete all administrative paperwork in a timely manner, including time sheets.
    – Maintain an organized office, contract files, product literature and plan files.
    Financial:
    – Review Budget Status

    SALARY RANGE: Approximately $90,000, depending on experience.
    BONUS: Up to 20% of Base Salary based on achieving Outcomes.
    COMPUTER: A company computer and email account will be provided for business use during internship.
    WORK LOCATION: 5291 East Yale Avenue and jobsites.
    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.

  • Purchasing Agent 1

    Department: Purchasing

    Reports To: Director of Purchasing

    Coordinates Information For: Director of Purchasing, Sr. VP of Homebuilding, Accounting, Sales, and other departments as needed.

    FLSA Status: Exempt

    Prepared Date: 07/13/2022

    Approved Date:

     Summary: Coordinates activities involved with procuring goods and services such as raw materials, labor, equipment, tools, parts, and supplies for Koelbel and Company (the “COMPANY”) and its various entities. Compiles information and records to prepare purchase orders for procurement of materials and labor meeting the standards set forth by the Company and/or its contracted consultants. Coordinates activities in Purchasing by performing the following duties:

    Essential Duties and Responsibilities include the following. Other duties may be assigned.

    Builds and maintains effective relationships with trade partners and suppliers in the local market. This also entails seeking out and performing thorough research of potential trade partner and supplier prospects ensuring that our trade and material supply resources are amply supported.

    Obtains and evaluates all documents/data required for bidding, including specifications, scopes of work, architectural and structural documents, site plans, utility plans, soils reports, community guidelines and all other pertinent documents that affect vertical costs of construction.

    Works collaboratively with Directors of Purchasing and Construction to ensure our scopes of work for each trade are clearly understood and adhered to by trade partners. This includes a thorough review of all submitted bids to confirm accuracy and adherence to the standards and material specifications noted in our scopes of work and architectural/structural details.

    Prepare, solicit, and evaluate bids in compliance/alignment with company policies, procedures, and published labor and/or material scopes of work.

    Negotiates with trade partners to prepare and present selection to Director of Purchasing, based upon bid comparison.

    Establish a thorough and in-depth knowledge of BuildTopia. Create and maintain trade contracts, option lists/pricing, database information, budgets within BuildTopia. Provide assistance to trade partners, COMPANY project managers, and COMPANY sales staff in the use and navigation of BuildTopia.

    Maintain and update Design Studio Manager, BuildTopia’s web-based option portal, used by Koelbel sales staff and home-buying prospects for option review and selection.

    Create and/or maintain project files which incorporate executed copies of each community’s Master Subcontract Agreement, project specific scopes of work, insurance and OCIP documentation, project specific contract pricing, and any other documents required to keep an accurate record of communications, scope revisions, pricing revisions, etc.

    Initiates and processes necessary documentation regarding option requests to trade partners, field personnel, and sales teams. This will include occasional Non-Standard Option (NSO) requests which will, at times, require custom pricing and design.

    Reviews requests for construction changes and extras with assigned Construction Managers, Director of Purchasing, and/or other team members.

    Researches, evaluates, and provides recommendations for new product development with direction from Director of Purchasing.

    Participates in value engineering and plan review efforts and identifies areas for improvement.

    Keeps informed of current Code requirements including municipality specific amendments to Code. This may include attending or instigating meetings with Code officials, energy consultants, and the like.

    Works with architecture to confirm product availability when assessing new product elevations or new community site conditions.

    Attends collaborative team meetings in the office or field as requested or required.

    Provides mentoring, direction and support to other purchasing team members as necessary.

    Assists Director of Purchasing in preparing onsite estimates per trade, plan and elevation (costs and quantities) to determine project costs; i.e. proforma budgets.

    Input approved original proforma budgets for new projects into BuildTopia, maintains ongoing budgets, and provides budget updates/reports as requested by Director of Purchasing or Senior Vice-President.

    Manages and maintains an ongoing cost change report separate from the budget updates. Assists management in identifying scope/specification improvement opportunities to better manage onsite costs.

    Assist accounting in coding and researching non-contracted invoices for payment. Review and provide input to Director of Purchasing, Director of Construction, and/or VP of Community Development concerning applicability of updating contract pricing to reduce amount of non-contracted/unbudgeted invoicing.

    Ensures contracts and/or contract addendums are produced in accordance with COMPANY policy.

    Ensures all department procedures and internal control requirements are met.

    Supervisory Responsibilities

    This job may have some supervisory responsibilities as needed.

    Competencies

     To perform this job successfully, an individual should demonstrate the following competencies:

    Trade Relations – Ability to develop and improve trade partner relationships.

    Estimating – Demonstrates strong estimating, takeoff, and budgeting skills. Utilize current material and/or labor costs in estimating and budgeting operations. Identify potential areas for value engineering during the estimating and takeoff process.

    Construction Knowledge – Strong construction knowledge encompassing all aspects of vertical construction. Ability to read building plans/blueprints as well as interpreting and implementing technical documents relating to structural design, electrical design, HVAC design, and energy code compliance.

    Analytical – Collects and researches data.

    Design – Demonstrates attention to detail.

    Problem Solving – Identifies and resolves problems in a timely manner; gathers and analyzes information skillfully.

    Technical Skills – Strives to continuously build knowledge and skills.

    Interpersonal Skills – Maintains confidentiality; listens to others without interrupting; keeps emotions under control.

    Oral Communication – Listens effectively and requests clarification respectfully; responds clearly and succinctly to questions.

    Written Communication – Writes clearly and informatively; edits work for spelling and grammar; presents numerical data effectively; able to read and interpret complex written and numerical information.

    Teamwork – Balances team and individual responsibilities; gives and welcomes constructive feedback.

    Business Acumen – Understands business implications of decisions; aligns work with strategic goals.

    Cost Consciousness – Works within approved budget; develops and implements cost saving measures while maintaining COMPANY standards for quality and marketplace uniqueness.

    Ethics – Treats people with respect; keeps commitments; works with integrity and honesty; upholds organizational values.

    Organizational Support – Follows COMPANY 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 decision making process.

    Motivation – Sets and achieves challenging goals; demonstrates persistence and overcomes obstacles.

    Planning/Organizing – Prioritizes and plans work activities; uses time efficiently; plans for additional resources; sets goals and objectives.

    Professionalism – Approaches others in a tactful manner; reacts well under pressure; treats others 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 received feedback to improve performance; monitors own work to ensure quality.

    Quantity – Meets productivity standards; completes work in a timely manner; works quickly while maintaining attention to detail when needed.

    Safety and Security – Observes safety and security procedures; reports potentially unsafe conditions; uses equipment and materials properly.

    Adaptability – Adapts to changes in the work environment; manages competing demands; changes approach or method to best fit the situation; able to deal with frequent change, delays, or unexpected events.

    Attendance/Punctuality – Is consistently at work and 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 an alternate plan.

    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. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

    Education and/or Experience – Bachelor’s degree in Construction Management, Business Administration, or related field is preferred. 3-years of previous purchasing or supply chain experience preferred; or equivalent combination of education and experience.

    Language Skills – Ability to read and interpret documents such as safety rules, architectural and structural documents, technical documents such as soils reports, grading/plot plans, municipal/state/national code documents, operation and installation manuals. Ability to speak effectively before groups of customers or employees of organizations.

    Mathematical Skills – Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, sales margins, area, circumference, and volume. Ability to apply concepts of basic algebra and geometry.

    Reasoning Ability – Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagrammatic, or schedule form.

    Computer Skills – To perform this job successfully, an individual should have a knowledge of and experience with Database software, Development software, Scheduling software, Project Management software, Microsoft Excel, Word, and Outlook software.

    Other Skills, Abilities, and Other Specific Responsibilities

     Job Cost/Budgeting System:

    • Work with accounting to manage lot cost budgets in Entrata, perform post close budget cleanup on a per lot basis.
    • Ensure purchase orders in BuildTopia are approved and ready for accounting to export into Entrata on a monthly basis. This will require timely communication with Project Managers.
    • Assist accounting in coding invoices for payment from non-contracted consultants and contractors. Ensure that those submitted invoices aren’t duplicates for actual contracted work.

    Contracting and Budgeting System:

    • Set up new subcontractors in BuildTopia/TradeTopia, our contracting and budgeting software system.
    • Utilize BuildTopia for the bidding process which will entail uploading all plans, scopes of work, and all other pertinent project details for our subcontractor’s use during the bid process.
    • Manage the project bid process from beginning to contract award, ensuring all submitted information meets the requirements of the project architectural, structural, and civil drawings as well as our trade specific scopes of work. Provide a detailed bid comparison worksheet to the Director of Purchasing for review and assist in selection of project trade partners.
    • Manage all created contracts for pricing accuracy including the inclusion of all applicable options and option pricing in those contracts. Update all contracts as needed when pricing revisions are necessary and maintain executed copies of initial and updated pricing schedules in physical project folders.

    Option Management:

    • Create project specific option masters in BuildTopia for use by Koelbel sales teams. This will also entail creation and management of a parallel online catalogue in Design Studio Manager (DSM). DSM is a product of BuildTopia and as such it pulls all option pricing from BuildTopia so accuracy of costs and related sales pricing is of paramount importance.
    • Purchasing Agent I will work closely with the Director of Purchasing and the VP of Sales and Marketing in the creation of the BuildTopia option master to ensure that ours and our buyer’s needs and expectations are met.
    • Option pricing will be updated for all open projects on a quarterly basis.

    Project Filing:

    • Create and maintain project and subcontractor specific files.
    • These files are to contain executed copies of our Master Subcontractor Agreement, scopes of work, initial pricing schedules and updates as received, documentation of submitted requests for pricing revisions, specific product information when agreement is made to utilize a product alternative to what we specify in our scopes of work, and any other pertinent information about the contracted duties/responsibilities of our subcontractors.

    Other Duties:

    • Create project books for distribution to the sales and construction teams at new project roll-out meetings.
      • These books will include, but aren’t limited to, copies of executed versions of our scopes of work, site utility plans and maps, initial option lists, a copy of our general specification overview form, cabinet plans.
    • Review BuildTopia on a daily basis to ensure purchase orders are being generated in a timely manner, sales change orders are accurate and are being processed prior to option cutoffs.
    • Manage reception of and filing of 3rd party inspection reports.
    • Manage OCIP/Wrap Insurance enrollment for all required trade partners at all projects.
    • Review and maintain current knowledge of each municipality’s adopted building and energy code and provide recommendations for meeting those codes as they change.
    • Assist in budgetary reporting to Senior VP on an as needed basis.
    • Compile and maintain a current prospective bidder list.
    • Assist subcontractors with BuildTopia/TradeTopia use and navigation.
    • Compile and maintain physical and/or electronic product samples, details, and specifications for use internally and by our architectural/structural consultants.
    • Track commodity pricing for lumber, steel, and concrete for use in budgeting and cost revision validation.
    • Review submitted takeoffs for accuracy prior to accepting initial and updated pricing submissions.

    Physical Demands: The physical demands 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.

    The employee must occasionally lift and/or move up to 50 pounds.

    Work Environment: The work environment characteristics described here are representative of those an empluee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

    The noise level in the work environment is typically moderate.

    SALARY RANGE: Approximately $90,000 – $105,000 depending on experience.

    BONUS: Annual, up to 15% of Base Salary based on achieving Outcomes.

    COMPUTER: A company computer and email account will be provided for business use.

    WORK LOCATION: 5291 East Yale Avenue and jobsites.

    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.

     

  • Commercial Construction Associate

    Summary: Provides support for the Chief Operating Officer and Vice President of Commercial Development in all aspects of construction management, construction contract negotiations, construction administration, change order management, with additional assistance in design team management, entitlement support, financial analysis and project financing for a variety projects primarily including affordable and market rate rental housing, with other work occurring in infrastructure, commercial retail, and commercial office.

    Essential Duties and Responsibilities

    Attend weekly Owner, Architect, Contractor meetings for various projects and ensures projects remain on time and on budget.

    Attend monthly pencil walks with contractors and architects to ensure proper billing for bank draws.

    Track key dates and obligations in 3rd party contract agreements, land purchase agreements, and financing agreements.

    Help schedule/coordinate all internal and external project meetings including but not limited to meetings with community groups, tenants, city officials, presentations, project team meetings, investor meetings, and marketing and design meetings.

    Assist in contract negotiations with Architects and Contractors along with managing those relationships through completion of the job.

    Ensure contracted vendors are performing required tasks and staying within the agreed schedule and budget.

    Perform pricing and review of contractor bid packages to ensure adequate bid coverage and proper scope.

    Assist in creation of reports required by banks and equity investors on various projects.

    Perform and manage all tasks and projects requested by the COO and VP of Commercial Development.

    Confer and coordinate with Architects, Planners, Engineers, Public and Private Utility Representatives and other consultants on commercial and residential development.

    Compile and analyze data on a variety of site conditions including survey and title and distills analysis into reports suitable for senior management.

    Work with design team and Authority Having Jurisdiction to manage the submission of required documents and receipt of required permits/approvals as well as budget and track associated expenses associated with permits/approvals.

    Review site plans, working drawings, specifications, and cost estimates for commercial and residential development.

    Inspect construction work in progress on a twice weekly basis to ensure compliance with plans and specs.

    Manages document control with regards to properly renaming and organizing digital files.

    May perform research on zoning ordinances and condemnation considerations.

    Assist in evaluation of the development potential of company properties and assets.

    Assist in the inspection or inspects property for construction, condition, and functional design.

    Prepare and submit reports to COO and VP of Commercial Development regarding properties as requested.

    Assist in negotiating with community, business, and public utility representatives to eliminate obstacles to land purchase, development, sale, or lease.

    Participate in the preparation and processing of request for proposals to consultants and contractors and assist with writing/reviewing contracts.

    Manage third-party inspectors and verifies work complies with required plans and specs with all deficiencies addressed.

    Work with Property Managers to address open construction issues for seamless transfer of completed projects to operations as well as any potential issues that may arise from the current property portfolio.

    Verify projects under construction comply with Stormwater management regulations.

    Develop and update project schedules.

    Supervisory Responsibilities

    This job will be responsible for selecting and managing some 3rd party vendors.  This job has no supervisory responsibilities of other Koelbel and Company employees.

    Values

    Organized – Prioritizes and plans work activities. Anticipates issues and sets goals and objectives. Organizes information in a way that other team members can quickly access and understand it.

    Sense of Urgency – Understands time of the essence.  Works diligently and efficiently to complete required tasks on or ahead of schedule.  Drives hard for completion of projects and tasks.

    Problem Solver – Uses reason even when dealing with emotional topics.  Identifies the cause of issues and uses critical thinking to work through an implement a plan of action to solve the problem. Develops alternative solutions when the initial plan does not work. Works well in group problem solving situations. Provides proposed solution to problems prior to seeking advice from management.

    Attentive to Detail – Focuses on minor details to ensure work quality and risk mitigation.  Understands all aspects of the projects necessary to prevent small issues from becoming problems.  Coordinates information such that all team members and vendors are working with the appropriate knowledge about the required tasks.

    Perseverance – Overcomes resistance or setbacks related to all aspects of the job.  Is undaunted in the face of adversity. Anticipates and accepts challenges are normal and recognizes true skill comes from overcoming such challenges.

    Committed – Believes in and is motivated by the job’s mission.  Is passionate about real estate and energized by the outcomes of the work.

    Caring – Is compassionate towards team members, clients, and vendors.  Understands their motivations and emotions and works to be supportive.

    Competencies

    Technical Skills – Assess own strengths and weaknesses; Pursues training and development opportunities; Strives to continually build knowledge and skills; Shares expertise with others.

    • Acquisition and due diligence proficiency.
    • Ability to identify, discuss and resolve conflicts throughout the commercial development process from inception though completion of construction.
    • Ability to manage construction oversight from initial design pricing through close-out and warranty work as well as the ability to forecast potential issues throughout construction
    • Knowledge of various building systems (structural, mechanical, electrical, plumbing, etc.), ability to read plans and specs, and the ability to determine the right approach given project requirements.
    • Understanding of bank underwriting requirements.
    • Understanding of subcontractor and contractor lien rights and laws.

    Cost Consciousness – Works within approved budget; Develops and implements cost saving measures; Contributes to profits and revenue; Conserves organizational resources.

    Budget and Contract Administration – Provides detailed budget consistent with corporate standardized format; Codes invoices and determines overages/shortfalls. Strives to maintain spending within Budget Parameters. Properly reports any variances to the CFO/Controller. Understands the accounting departments budgeting/costing software and updates overall job budgets continuously throughout the project. Manage all aspects of Contracts including establishing contacts between the appropriate entity and vendor.

    General Requirements – Meets the requirements of the Employee Handbook as it relates to Diversity, Ethics, Organizational Support, Professionalism, and Attendance and Punctuality.

    Education and/or Experience

    Four-year college or university is preferred.  Two to three years of related experience and/or training in the construction field is a plus.

    Computer Skills

    To perform this job successfully, an individual should have knowledge of Microsoft Applications (Excel, Word, Project, Outlook, and PowerPoint) and Bluebeam Revu. Additionally, will need to develop an understanding of Development software and Project Management software the company currently uses or will use.

    Physical Demands

    The physical demands 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.

    Language Skills

    Ability to write routine reports and correspondence.  Ability to speak effectively with subcontractors, customers, or employees of organization.

    Work Environment

    The work environment characteristics described here are representative of those an employee encounters while performing the essential functions for this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

    Qualifications

    To perform this job successfully, an individual must be able to perform each essential duty satisfactory. The requirements Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions listed above are representative of knowledge, skill, and/or ability required.

    Metrics of Success

    The following are the metrics of success that will be used in the role:

    # Item Completion Date
    1 Manage GC to complete The Point Multifamily to on time and on budget. 7/31/2024
    2 Manage preconstruction process on Spine Road to begin construction by required date. 4/30/3/1/2023
    3 Manage construction of Spine Road from notice to proceed through completion and closeout. 6/30/24
    4 Manage completion and closeout of Ridgegate Affordable. 12/31/22
    5 Manage the design team through permit acquisition for Ridgegate Senior 11/30/23

     

    Salary Range:              $75,000-$95,000 based on experience

    Bonus Structure:        Up to 10% base salary based on achievement of Metrics of Success.

  • Financial Analyst

    Department:             Acquisitions & Development
    Reports to:                Carl Koelbel
    FLSA Status:             Exempt
    Approved by:           Carl Koelbel
    Approved Date:       September 26, 2022

    Summary:  Provide financial analysis support to Koelbel Communities, Koelbel Commercial, and value add divisions to more quickly underwrite potential new development and lease deals in addition to monitoring key market information and trends for locations that Koelbel and Company owns or may potentially own.   The role could expand to include early project design input and assistance and contract negotiation.

    Essential Duties and Responsibilities:

    Includes the following, other duties may be assigned.

    Creates, maintains, and updates financial models for a variety of different projects and project types including:

    • New Low Income Housing Tax Credit (“LIHTC”) projects
    • New Koelbel Communities (home building) projects
    • New Retail/Office/Multifamily Development Opportunities
    • New Retail/Office/Multifamily Investment Opportunities
    • New Centennial Valley Business Park Office projects
    • New leases in existing or under-construction projects
    • Lease analysis of existing Koelbel Commercial properties

    Monitors and analyzes specified commercial and residential real estate market conditions, using the area’s internal and external real estate, financial and economic data, as well as research.

    Responsible for continuously watching Metro Denver and other target markets and providing reports on the market.

    Monitors and analyzes key demographic and economic trends in the assigned geographic market, as well as reports the key development.

    Prepares sensitivity analysis and data tables for new acquisition or development opportunities.

    Assist in the creation of reports required by financial institutions and equity investors.

    Assists manager in applying market research to help guide the benchmark underwriting assumptions for assigned properties in the region.

    Uses public information to identify soft costs, real estate taxes, permits, and fees for input into the model.

    Researches and presents clear and precise data on rental and sales comps relevant to subject developments.

    Assists on LIHTC applications.

    Develops and maintains financial model templates for:

    • LHITC Deals
    • Koelbel Community Deals
    • Multifamily Deals
    • Metro District / TIF Revenue Projections
    • Commercial (office & retail)

    Values

    Passionate – Believes in and is motivated by the job’s mission.  Is passionate about real estate and energized by the outcomes of the work.

    Sense of Urgency – Understands time of the essence.  Works diligently and efficiently to complete required tasks on or ahead of schedule.  Drives hard for completion of projects and tasks.

    Perseverance – Overcomes resistance or setbacks related to all aspects of the job.  Is undaunted in the face of adversity. Anticipates and accepts challenges are normal and recognizes true skill comes from overcoming such challenges.

    Attentive to Detail – Focuses on minor details to ensure work quality and risk mitigation.  Understands all aspects of the projects necessary to prevent small issues from becoming problems.  Coordinates information such that all team members and vendors are working with the appropriate knowledge about the required tasks.

    Problem Solver – Uses reason even when dealing with emotional topics.  Identifies the cause of issues and uses critical thinking to work through an implement a plan of action to solve the problem. Develops alternative solutions when the initial plan does not work. Works well in group problem solving situations.

    Anticipatory – Prioritizes and plans work activities. Anticipates issues and sets goals and objectives. Organizes information in a way that other team members can quickly access and understand it.

    Caring – Is compassionate towards team members, clients, and vendors.  Understands their motivations and emotions and works to be supportive.

     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.

    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.

    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.

    Research and Analysis – Utilizes available resources such as CoStar, assessor and GIS data, and other databases to inform assumptions within financial models.

    General Requirements – Meets the requirements of the Employee Handbook as it relates to Diversity, Ethics, Organizational Support, Professionalism, and Attendance and Punctuality.

    Outcomes:

    The following are the metrics that will determine the success of the hire:

     


     
    OUTCOMES ACHIEVEMENT DATE
    1 Reviews at least 3 potential projects per quarter. Ongoing
    2 Produces Market Performance Assessment for up to 5 Identified Markets Quarterly Ongoing
    3 Understands and is proficient in the use of Models for: KUH, Collaborative Office, Retail, LIHTC, and Multifamily.  Makes necessary adjustments to models as needed. 6 months after hire
    4 Delivers request analysis within 7 days of request for new projects Ongoing
    5 Delivers requested analysis updates within 3 days of request Ongoing
    6 Models are free of major errors Ongoing
    7 Analyze potential deals for more advantageous financial structures.  Anticipate questions due to business model and provide sensitivity tables/back-up to help answer those questions. Ongoing
    8 Identify areas of potential risk.  Highlight the concern and propose alternative structures or risk mitigation suggestions (financial or otherwise). Ongoing

      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:

    Four-year college or university certificate is required.  Concentration in business or finance if preferred.  Post-graduate education is preferred but not required.  Two years of professional working experience in real estate field is required.

    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.

    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: $80,000 – $115,000 based on experience and acumen.

    BENEFITS: Healthcare, vision, dental and 401k matching.  Benefit specifics will be supplied along with offer letter.

    BONUS STRUCTURE: 10% of base salary, discretionary based on scorecard above.

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