Pay Grade/Pay Range: Minimum: $68,500 - Midpoint: $89,100 (Salaried E11)
Department/Organization: 510201 - Land Management/Minerals
Normal Work Schedule: Monday - Friday 8:00am to 5:00pm
Job Summary: The University Real Estate Investment and Property Manager conducts onsite inspections of multiple commercial properties around the City of Tuscaloosa and the State of Alabama. Evaluates maintenance concerns and reviews lease terms to determine if required work is landlord or tenant responsibility. Facilitates comprehensive investment analysis to support informed decision-making regarding property acquisitions, dispositions, and overall investment strategy. Maintains inventory of available property around campus boundary for strategic planning and forecasting. Conducts thorough market research to uncover potential investment prospects across various real estate asset classes. Implement and oversee real estate software within the department to provide a streamlined property management process. Serves as the liaison between University Lands and UA Financial Accounting for base rent, Common Area Maintenance (CAM) charges, and tenant specific costs.
Additional Department Summary: University Lands and Real Estate Services manages endowment assets for The Board of Trustees of The University of Alabama. Ownership of multiple property asset classes requires routine maintenance which includes working knowledge of building components to properly assess the issue and contract with vendors for corrective measures. New commercial properties will be evaluated and eventually constructed on available endowment land in the future with increased demand for supervision and on-site inspection.
Additional Required Department Minimum Qualifications: Bachelor's degree and six (6) years of property management and investment analyst experience; OR master's degree and two (2) years of property management and investment analyst experience.
Must have valid U.S. driver's license. Must be at least 19 years of age at time of hire and have an acceptable Motor Vehicle Report that is in compliance with University policies. Applicants under the age of 21 will have some driving restrictions.
Skills and Knowledge: Excellent communication and presentation skills with the ability to convey complex financial concepts to people from a variety of backgrounds and experiences. Strong analytical skills and problem-solving abilities with a demonstrated track record of delivering actionable insights and recommendations through written and verbal communication. Proven ability to manage multiple active projects simultaneously, while maintaining high standards of quality and efficiency. Experience conducting in-depth market research and analysis to identify potential investment opportunities in local real estate market. Ability to monitor property financials and performance metrics, identifying opportunities for improvement and implementing strategies to enhance overall performance. Strong understanding of commercial real estate fundamentals, including market analysis, valuation methods, and investment metrics. Ability to create and analyze budgets and proformas for development opportunities. Knowledge on how to maximize return on investment (ROI) and minimize risk.
Preferred Qualifications: Master's degree. Maintenance experience demonstrating efficient management of commercial properties valued over $50M, ArcGIS and AutoCAD experience for mapping. Yardi Commercial Leasing Software experience, knowledge of The University of Alabama purchasing and vendor bidding process.
Background Investigation Statement: Prior to hiring, the final candidate(s) must successfully pass a pre-employment background investigation and information obtained from social media and other internet sources. A prior conviction reported as a result of the background investigation DOES NOT automatically disqualify a candidate from consideration for this position. A candidate with a prior conviction or negative behavioral red flags will receive an individualized review of the prior conviction or negative behavioral red flags before a hiring decision is made.
Equal Employment Opportunity: The University of Alabama is an Equal Employment/Equal Educational Opportunity Institution. All qualified applicants will receive consideration for employment or volunteer status without regard to any legally protected basis and will not be discriminated against because of their protected status. Applicants and employees of this institution are protected under Federal law from discrimination on several bases. More information is available in the EEOC’s Know Your Rights: Workplace discrimination is illegal poster.
Please note, all Employment positions close at 10:55pm CST.
Non-Exempt positions are posted a minimum of 3 days. Exempt positions are posted a minimum of 7 days. Faculty positions are posted a minimum of 30 days.
Please email the Human Resources Department at hrsvctr@ua.edu or contact us by phone at (205)-348-7732. If you anticipate needing any type of accommodation to participate in any portion of the University's employment process, including completion of the online application process, please contact our office in advance of your participation or visit.
The University of Alabama is an Equal Employment/Equal Educational Opportunity Institution. All qualified applicants will receive consideration for employment or volunteer status without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, gender expression, pregnancy, age, genetic or family medical history information, disability, protected veteran status, or any other legally protected basis, and will not be discriminated against because of their protected status. Applicants to and employees of this institution are protected under Federal law from discrimination on several bases.
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.
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