Investment Professional - Real Estate

Overview Being good neighbors – helping people, investing in our communities, and making the world a better place – is who we are at State Farm. It is at the core of how we operate and the reason for our success. Come join a #1 team and do some good! State Farm Investments is a leading investment manager with $ billion in invested assets supporting the nation’s #1 auto and home insurer. State Farm, a Fortune 50 company, has been in business for over years and is consistently recognized as a top employer in the United States. State Farm Investments is based in Richardson (Dallas), Texas and manages various asset classes including public and private equities, fixed income, and real estate. Through sound investment strategies, the Investments Team helps State Farm remain financially strong so our customers can manage the risks of everyday life, recover from the unexpected, and realize their dreams. As a member of our high-performing Investments Team, you will be relied upon as a key partner to perform due diligence research, financial modeling, and investment decision-making. You will also have opportunities to interact with senior Investments staff and receive cross-asset learning opportunities. The Mortgage / Real Estate Investment Team is responsible for managing over $21 billion of investments on behalf of State Farm. Real estate investments are primarily focused on multifamily, industrial, and construction mortgage loans, as well as directly-owned real estate equity investments and REIT securities. Investments are originated and managed by geographically-focused mortgage teams and dedicated real estate equity and REIT teams. Processes and systems support disciplined underwriting, an expansive sourcing network, and diligent asset management. State Farm is a relationship-orientated lender and equity capital investor with a well-established and growing commercial real estate platform. This position is based at State Farm’s growing investment platform at CityLine in Richardson, Texas, in the fast-growing Dallas-Fort Worth metro area. This position is eligible for relocation benefits. The Investments Department operates a hybrid schedule with three in-office days per week to foster collaboration. Responsibilities Source, underwrite, conduct due diligence, and close commercial real estate acquisitions, development opportunities, and mortgage loan originations Prepare and present investment recommendations to senior leadership for investment selection and approval Analyze and evaluate economic data, local market research, property comparables, and tenant financial information to support decisions and evaluate risk Asset management responsibilities including leasing, loan surveillance, development of business plans and property valuations Travel to assigned markets to build relationships with real estate developers, investors, and brokers, and to conduct property inspections for existing and potential investments Perform an integral role in identifying market trends and developing insights for the portfolio, and contributing to market commentary Collaborate with colleagues across investment asset classes to share information, expertise, and ideas Qualifications MBA or undergraduate degree in real estate, finance, accounting, economics or related field, with strong academic achievement 2 - 5 years of relevant experience Strong analytical, critical thinking, and risk assessment skills Ability to work collaboratively as part of a team, as well as operate independently Effective interpersonal skills, including the ability to create, build, and maintain relationships with internal and external parties Excellent influencing, problem solving, and communication skills Strong prioritization, time management, and organizational skills to meet deadlines while maintaining attention to detail Knowledge of real estate valuation methodologies; Argus experience is preferred Desire to continuously learn and develop and put developed expertise into action Applicants are required to be eligible to lawfully work in the U.S. immediately; employer will not sponsor applicants for U.S. work authorization (e.g. H-1B visa) for this opportunity. Our Benefits Because work-life-balance is a priority at State Farm, we offer : Competitive starting salary based on skills, background, and experience Potential yearly incentive bonus pay At State Farm, we offer more than just a paycheck. Check out our suite of benefits designed to give you the flexibility you need to take care of you and your family! Get Paid! On top of our competitive pay, you are eligible for an annual raise and bonus. Stay Well! Focus on you and your family’s health with our robust health and wellbeing programs. State Farm pays most of your healthcare premium, and we offer multiple healthcare plan options, including a high deductible plan. All medical plans provide % coverage for in-network preventative care, AND you and your family have access to vision, dental, telemedicine, 24 / 7 mental health professionals, and much more! Develop and Grow! Take advantage of educational benefits like industry leading training programs, top-notch tuition assistance programs, employee resource groups, and mentoring. Plan Ahead! Plan for those big moments in life with benefits like fertility / IVF / adoption assistance, college coaching, national discount programs, interactive monthly financial workshops, free financial coaching, and more. You can also start a savings account or consider financing through our State Farm Federal Credit Union! Take a Little “You” Time! You will have access to our generous time off policies designed so you can plan around holidays, family events, volunteering, or just to take a relaxing day off. With the opportunity to initially earn up to 20 days annually plus parental leave, paid holidays, celebration day, life leave (40 hours / year), bereavement leave, and community service / education support days, there will be plenty of time for you! Give Back! We offer several ways to give back through our Matching Gift Program, Good Neighbor Grant Program, and the Employee Assistance Fund. Finish Strong! Plan for retirement using free financial advisors and a (k) plan with company contributions of up to 7% of your salary. Visit our State Farm Careers page for more information on our benefits, locations, and the hiring process of joining the State Farm team! #LI-JM1