Company Overview

Hanrich Enterprises, Inc. (“Hanrich”) is a small minority-owned real estate development company. It was organized in 2001 in the State of California as a Sub-chapter S corporation.

Hanrich’s initial goal was to establish itself as a premier mixed-use development company. Its secondary goal was to focus on workforce housing building on infill lots in various communities in Southern California, predominately Los Angeles County. In an area where the median home price, even considering the market downturn, is in excess of $500,000; there is a dearth of affordable housing for the local workforce. This combined with the congested freeways and a public transportation system that is still in its infant stages, means that the typical workforce has long difficult commutes.

Hanrich seeks to build housing that can be sold to the workforce that earns 80-120% of median income. This is an underserved market that forces 1-2 hour commutes daily in one direction because employees can’t live in close proximity to their employment. This is a major problem affecting businesses, and governments, as well as the employees.

Hanrich is also a diversified company offering services in multiple segments of the Real Estate industry.  It provides construction services for both new projects and remodeling projects.  It arranges financing.  It functions as a Financial Consultant.  It provides Property Management and Investment opportunities to clientele.  Hanrich is abled to provide such diversified services with a small core of professionals because it has assembled crews of talented professional who work with Hanrich on various projects.  These crews have been well screened and have committed to conform to the standards required by Hanrich.  Hanrich maintains a 'task-oriented' approach completed by a 'can do' attitude,

Good communication is essential to relationships so Hanrich has adopted a 'cloud computing' system that enables it to maintain good and current communication with its clientele and affiliates.