Managing Member, President & Chief Executive Officer

“Leadership, innovation, assertiveness, and initiative….”

As Managing Member, President and Chief Executive Officer, Mr.
Helfrich actively sets the tone for the company, through his
entrepreneurial vision, hands-on leadership and adherence to the
highest of ethical business standards.

Mr. Helfrich’s motivation and thirst for competition starts early on as
a freshman at Michigan State, where he starts his first business
venture, obtaining a license for Ray-ban sunglasses and quickly
outselling off-campus retail sites. As a sophomore, Mr. Helfrich
recognizes a need for student services and starts a laundry pick-up
and delivery service catering to affluent out of state students. By
outsourcing his business to local laundry mats, he was able to
provide a value add time saving service to grow a successful financial
venture. Selling his interests upon graduation, this company is still
in operation today. As a junior, Mr. Helfrich obtains a local painting
franchise from a Canadian company, and capitalizes on a large
student pool of low cost labor to provide another value add service,
this time to affluent homeowners in the suburbs of Detroit.

Mr. Helfrich’s success as a young and ambitious entrepreneur carries
over to his first corporate job as a manager for IBM within its
International Procurement division. His main responsibility was to
source input devices for the PC Desktop brands, where he is able to
create annual savings of $18M. In a pivotal corporate reorganization
of the PC Company, Mr. Helfrich becomes the youngest member
assigned to the new Corporate Worldwide Procurement Organization.
As an International Commodity Manager, Mr. Helfrich leads a team of
design and mfg engineers focusing on the procurement of power
systems for the ThinkPad brand across three development and five
manufacturing geographies worldwide. His leadership in this division
is directly responsible for the creation of annual savings averaging
$110M US.

Consistently seeking challenge and growth, Mr. Helfrich establishes
ColorWorks Construction Services in 1993, as a single-family and
multi-family housing renovation company based in Raleigh, North
Carolina. The systematic expansion of his company into other
Southeastern markets eventually brings him in 1996 to Charlotte,
North Carolina. Almost immediately thereafter, Mr. Helfrich begins
to concentrate on multi-family development and construction,
creating what has become today the CW Construction and
Development (CW), a fully integrated development and construction
enterprise focusing on multi-family, luxury student residential
communities, new construction, renovation, project management
services and investment.

Over the last several years Mr. Helfrich has been the
construction/developer partner on over $ 60,000,000 US of student
housing development and construction projects throughout several
major southeastern universities. His roles have included site
selection and land acquisition, due diligence, entitlements, design
management, value engineering, pre-construction services, cost
containment, schedule management and construction and product
delivery. In addition, Mr. Helfrich has been a joint venture and
development partner on the acquisition of over $108,000,000 US of
existing student housing assets throughout the southeast.

Mr. Helfrich’s extensive acquisitions, due-diligence and construction
knowledge have been instrumental in identifying properties that have
provided excellent re-positioning opportunities and healthy
investment returns. Not only has he participated as an equity
investor, Mr. Helfrich’s leadership at CW has been a hands on
catalyst in stabilizing and operating the property’s acquired.

Always seeking efficiencies in his company’s business model, Mr.
Helfrich continues to foster his relationships once established in his
IBM days. Through the creation of strategic partnerships overseas,
CW now imports high-end quality interior finishing products which
have been essential in his goal to provide a condo-quality product to
the renters his communities will ultimately serve.

Leadership, innovation, assertiveness, and initiative: Four traits that
characterize Mr. Helfrich, and through his constant guidance, CW
Construction and Development’s future.

Michigan State
East Lansing, Michigan
B.A. Business Administration

CCIM
Candidate 2009

General Contractor License
Alabama
Florida
Maryland
North Carolina
South Carolina
Tennessee
Mississippi
Virginia

AFFILIATIONS
National Multifamily Housing
Council