Associate, Real Estate (Asset Management) bei Strsoh

STRS Ohio, STRS

STRS Ohio is seeking an Associate, Real Estate (Asset Management) – Columbus and Georgia to join the Investment/Real Estate team.  Nearly two-thirds of STRS Ohio’s investment assets are managed internally by more than 100 Investment Department professionals.

Established in 1920 and serving Ohio’s educators, STRS Ohio is one of the nation’s largest retirement systems, serving over 500,000 active, inactive, and retired public-school teachers, and university faculty members, managing approximately $96.9 billion as of June 30, 2024, in assets and paying more than $7 billion in benefits annually.

STRS Ohio provides a competitive pay, and a comprehensive benefits package including on-site parking, educational assistance, subsidized medical insurance, fully paid dental and life insurance, vacation and sick leave, retirement benefits and on-site fitness center.  At STRS Ohio, you can experience rewarding work in a professional, business casual work environment. We welcome, celebrate, and promote respect for everyone. We are continually seeking bright and talented individuals to join our team.

Compensation:

Competitive Pay

Work Schedule:

8:00am-5:00pm Monday through Friday (Onsite)

General Summary:

Under the direction of a regional director and portfolio leader, manage a portfolio of real estate properties and joint ventures including evaluating new investment opportunities. Support investment activities and ensure all State Teachers Retirement System of Ohio (STRS Ohio) properties comply with standards.

Summary of Responsibilities:

• Manage a portfolio of real estate assets, including equity properties and joint ventures, to achieve the fund's long-term goals.

• Identify and select property management and leasing teams with input from the regional real estate director.

• Assess and recommend investment and management decisions, such as lease and mortgage negotiations, acquisitions/dispositions and capital improvements.

• Set operating goals for properties, monitor performance via budgets, statements, lease reviews and site inspections.

The above list of duties is intended to describe the general nature and level of work performed by persons assigned to this classification. It is not to be construed as an exhaustive list of duties performed by the persons so classified, nor is it intended to limit or modify the right of any supervisor to assign, direct and control the work of associates under supervision.

Summary of Qualifications:

• Bachelor’s degree in business administration, economics, finance or related field required.

• Two to five years’ relevant experience in managing larger and/or more complex institutional properties/portfolios.

• Proficiency in the use of Microsoft Excel and knowledge of Argus Enterprise real estate analysis software preferred.

• Ability to analyze joint venture agreements, operating statements, balance sheets, budgets, and closing documents to understand real estate investment structures and terms required.

• Comprehensive knowledge of commercial leases required.

• Excellent analytical skills required.

Equal Employment Opportunity Employer Statement

State Teachers Retirement System of Ohio (STRS) is an Equal Employment Opportunity Employer and prohibits discrimination and harassment of applicants or employees on the basis of race, color, religion, gender, gender identity or expression, national origin (ancestry), military status, disability, age, genetic information, sexual orientation, or caregiver status, in making employment-related decisions about an individual.

ADA Statement

STRS Ohio is committed to ensuring access, inclusion, and reasonable accommodations across all its services, activities, programs, and employment opportunities in accordance with the Americans with Disabilities Act (ADA) and other applicable laws.  

Posting Drug-Free Workplace Statement

The State Teachers Retirement System of Ohio (STRS Ohio) is a drug-free workplace. The use of recreational marijuana and non-medical cannabis is strictly prohibited.

Pre-Employment Drug Testing

All final candidates tentatively selected for employment will be required to undergo a urinalysis drug screening prior to appointment. This screening includes testing for illegal substances, including marijuana. A positive test result will disqualify the applicant from employment unless valid medical documentation is provided for legally prescribed medications or a physician’s recommendation for medical marijuana.

Pre-Employment Background Investigation

The final candidate selected for this position will be subject to a criminal background check. STRS Ohio will conduct an individualized assessment of any prior criminal convictions before making a determination regarding employment eligibility.