SRI-ROCHLIN CONSTRUCTION SERVICES

EXPANDING OUR REACH

Shelter Resources, Inc. (SRI) has re-oriented its focus in the past few years due to adjusted priorities being established by both State & Federal affordable financing sources from development activity primarily focused on new construction product, to the preservation of well-situated housing assets in need of modest renovations.  Overall the acquisition of existing multi-family buildings coupled with necessary upgrades to assure long term continued use is a considerably less expensive way to enhance the affordable housing rental stock. This is especially the case in the Pacific Northwest where land and new construction can be prohibitively expensive.  These costs tend to push new construction development feasibility into more urban markets where funding resources are more plentiful and creative, and the rents are higher supporting additional debt. While we intend to keep our capacity to work on new construction affordable housing ready for new efforts, we are finding the preservation of existing housing stock to be a similar challenge and a good provider of units to those in need of assistance. As a result, Shelter Resources Inc. has joined forces with Rochlin Construction Services LLC of Bellevue, Wash. to form a new construction company focused primarily on the rehabilitation of existing multi-family projects.

AN EXPERIENCED HEAD OF OPERATIONS

This new company, SRI-Rochlin Construction LLC., has already engaged rehab construction contracts on multiple projects and will successfully complete those efforts in 2018-2019. The Head of the company is Jim Rochlin, who is a very experienced individual with working histories with major General Contractors active in Western Washington. He is well versed in assessing necessary work scope and related “all in” construction budgeting for the renovation jobs that SRI and other arms length developers will continue to bring forward. Jim has been in the construction industry for 30+ years and has been the lead project manager for some of the larger General Contractors active in the Seattle market. He also has consulted for many developers and property owners in assessing the condition of existing multi-family projects and preparing Critical Needs Assessment reports to issue guidance to ownership on how to improve and manage such assets moving forward

OUR BUSINESS APPROACH

Our goal as a General Contractor focused on Affordable preservations is to bring value to owners of these assets by improving them with an eye towards material sustainability, quality replacements, system upgrades, and the budgeting priorities of ownership. We wish to do quality work on budget and on time, with minimal changes and special attention to long term maintenance advantage and avoidance of water intrusion issues. We feel our experience on renovations can bring economies to owners in terms of material selection, careful analysis of envelope vulnerability, knowledge of federal regulatory issues and ADA considerations, and hands on experience with regards to tenant relocation during rehab.

Jim Rochlin has worked with Shelter Resources Inc. over the past 18 years in several capacities. Jim has been in the role of Senior Construction Manager while working for a commercial general contractor in the rehabilitation of numerous existing properties in various Shelter Resources Inc. portfolios. In addition, Jim was instrumental in managing several large Shelter Resource new construction projects including properties in Washington and Oregon.

Jim has over 40 years of experience in commercial and residential construction including multi-family, mixed-use, industrial, medical, tenant-improvement, Senior Assisted Living, Public Works, retail and hi-rise construction. Jim started Rochlin Construction Services in 2009 as a general contractor and consultant to Developers, Architects and Owners in regards to development related to construction, capital and physical need assessments and Owner’s representation. Jim also served as Owner’s Rep/Construction Manager for pre-construction and construction management on several past SRI projects.

SRI-Rochlin Construction Services JV, which is a joint venture between Jim and SRI, has the advantage of not only controlling costs, schedule, and quality control, but enables the finished work to additionally represent the Shelter Resources commitment in providing the most amenities and upgraded living conditions per dollar spent for the Affordable Housing community. Jim attended West Chester University (PA) and received additional construction management training from AGC/Washington.