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Meet Alejandro Lovera of ManyBuild in Sunnyside

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Today we’d like to introduce you to Alejandro Lovera.

Alejandro, before we jump into specific questions about the business, why don’t you give us some details about you and your story.
I grew up on the island of Aruba in a family of real estate developers and architects. When I was 16 years old I left for boarding school in Florida to pursue tennis and play in college. After a year of playing, I got injured and decided to return home to graduate high school before attending college at the University of Denver. Most of my time in college was spent joining and partying with my fraternity.

I thought I wanted to run restaurants, hotels or even organize concerts, something I did every time I returned to Aruba, I would organize a summer concert. It was during my financial analysis in real estate class that instead of paying attention to the lecture I was running proforma’s on homes around DU I would find on Zillow.

That’s when I found a property for sale a block away and my father took a chance on me to rehab and rent out the home (an investment that has since tripled in value). It was during this time when I was searching for subcontractors for my first real estate rehab project that I met Ben Maxwell at HM Capital Group. He pulled up in a black on black Mercedes and I figured I should talk to him to learn how he made it. He wasn’t hiring at the time but he gave me a shot to try and assemble several properties for this development he wanted to do in Park Hill. This was during my senior of college and I would skip class to go door-knocking on the block to see if I could run into the owners. I ended up working with a pastor who owned the church on that block, a cook that owned the fish restaurant and became boys with one of the OG’s that would be posted up on the block bribing him beers that I would share with him, all of this to get them to sell us their properties so we could make Park Hill Commons a reality.

After successfully deploying $10,000,000 across three of HM Capital’s funds I began taking a more active role in all of the project’s pre-construction and construction administration phases; coordinating city building department submissions and running construction meetings. I really learned the ins and outs of private equity in real estate development and construction. It was during that time that Ben and I started working on ManyBuild our construction technology startup that he gave to me to run.

ManyBuild is a fully-integrated construction marketplace that empowers the builder community connecting people to projects faster by analyzing and translating all of the construction project information, leveraging my fluency in Spanish to become the catalyst for these subcontractors to find more construction projects.

At the time same time of launching ManyBuild I also left HM Capital and started to work with John Lucero who has experience in public/private partnerships to develop affordable housing through publicly available funds.

 I knew I wanted to expand my experience beyond private equity so working for John Lucero who served under three succeeding mayors as the Deputy Director of the Office of Economic was the natural progression of my career.

Currently, ManyBuild has over 385 subscribers, 18 paying users, over a $1 million in contracts awarded. and I’m a development associate at Lucero Development. Where my primary role is to identify and underwrite development projects of 100 units or larger with two projects set to commence in 2020.

We’re always bombarded by how great it is to pursue your passion, etc – but we’ve spoken with enough people to know that it’s not always easy. Overall, would you say things have been easy for you?
This year has been a year of a lot of personal growth trying to find out who I am and what I want.

I have been blessed with a lot of opportunities but it has also been my demise in some cases. I say yes to every opportunity and make it happen but by doing so I have definitely tested and found the limits of what I can do.

During the process of launching ManyBuild and pursuing my career, I have lost a childhood friend who I had to cut out of my company in order for it to move forward. I have lost a girlfriend who I cared greatly for but an unplanned pregnancy followed by a miscarriage all while I was being threatened with a lawsuit by my best friend with these events culminating on my 25th birthday proved to be too much for me and our relationship.

Luckily for me, I have a very close relationship with my father and mother and I was working with Chad Weller a high-performance coach who helped me stay on track. Most of my investors and business associates don’t even know this has happened and with their help, I have been able to continuously make progress with ManyBuild and my career.

We’d love to hear more about your business.
From one of my internal emails to our team:

Who we are?

ManyBuild is a community forward platform that will disrupt the multi-billion dollar construction lead generation business model.

How will we do it?

– By providing detailed project information (in the form of photos, descriptions and take-offs) that respects and empowers the tradesperson to compete on a leveled playing field for bidding.

– A stable fixed-fee monthly membership cost model.

– Translation from English to Spanish, and Spanish to English because translation speeds up the decision-making process.

– Business support service add-ons such as LLC registration, and insurance application processing to help our users grow their business. By caring for our users business’ we are also caring for the community we are building.

Why do we exist?

Big corporations are sacrificing their own user base through price gouging, charging users per lead, selling them “inappropriate products” that subcontractors don’t understand and taking money in exchange for nothing more than a promise that comes in the form of an unvetted lead. This problem only compounds when working with the predominantly Spanish speaking subcontractor community.

What we do today?

Charge users a fixed monthly fee for $150 for access to our marketplace.

Assist our customers with setting up their LLC for $200 and finding them insurance for larger projects.

What will we be doing in the future?

Processing payments, offering project financing, community chat feature, bid sheet feature for easy estimates for our users, and ultimately running our own real estate developments across the nation because of all the data we have on our users.

What were you like growing up?
I grew up with my younger brother Wyatt Lovera and we are very close. Now older we work side by side together at Lucero Development, live together, and do business together. We did grow up super competitive, playing a lot of sports, tennis, karate, boxing, swimming, and kite surfing. I had no filter and would get in trouble for repeating and teaching my friend’s bad words. We also had our own little gang that we would build forts by taking leftover construction materials from job sites in our neighborhood.

Pricing:

  • Subcontractors pay $149/month for access to all of the project budgets, documents, and translation help.

Contact Info:

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