Senior Property Manager

Company Description

A MEANINGFUL CAREER

Interested in a challenging and meaningful career, where your expertise and efforts are valued, and amply rewarded? At Stream, there is no limit to how far you can go, with a team that will train, support, and cheer you on every step of the way. It’s the reason we continue to attract (and retain) the best and the brightest, and the reason why our firm continues to grow.

We are doubling down on talent and ramping up hiring for our dynamic property management team with a platform unlike any other. Hospitality-infused and service-driven, we provide our clients with legendary experiences while offering our employees a career path that remains unmatched.

Your role is integral from day one, and your continued training and development, a paramount objective. This isn’t just a job; it’s a trajectory, with endless opportunities ahead.

WITH A PURPOSE-DRIVEN COMPANY

Stream isn’t your typical commercial real estate company. We’re a company that’s making waves, with immense dedication to our clients, our communities, and our employees—knowing that our success doesn’t lie within bricks and mortar, but in people.

With unsurpassed training and development opportunities, our teams provide clients with an exemplary level of service; our people-first approach to business permeating every aspect of our platform. But our commitment goes further, with volunteer hours, educational programming, and an investment in sustainability to ensure we are making a positive impact.

With 294+ million square feet of assignments, $5.8 billion in annual transactions, and 1,400+ talented individuals, we’re one of the fastest-growing full-service real estate firms nationally, with no sign of slowing down.

Job Description

The Senior Property Manager oversees all operations of a commercial property or portfolio of properties. This role is responsible for achieving superior operational results and financial performance. This position will oversee a small team.
 

ESSENTIAL FUNCTIONS

• Serve as point person for the portfolio or assignment.
• Work directly with clients, partners and investors.
• Build and maintain a best-in-class level of service for the building/portfolio.
• Supervise all administrative and maintenance staff, as well as third party vendor-partners.
• Build employee teams and provide direction, training, and motivation for superior performance.
• Prepare budgets and manage financial performance of the portfolio.

RESPONSIBILITIES

• Lead the management team in resolving all day-to-day property management issues.
• Maintain personal contact with all tenants, vendors, and clients.
• Ensure compliance with building codes, regulations and governmental agency directives.
• Conduct routine property inspections.
• Ensure adherence to the clients’ policies and procedures.
• Manage financial performance of the property or portfolio. 
• Prepare annual third-party operating budget and capital budget.
• Prepare monthly ownership reports, including Budget Variance and A/R Comments.
• Prepare annual CAM estimates and reconciliations.
• Review or input new leases or lease changes into Yardi system.
• Oversee tenant improvements and coordinate with construction team on capital improvements; Bid as required per the management agreement.
• Ability to successfully manage buildings undergoing major renovations.
• Adhere to Stream property management annual audit.
• Coordinate real estate tax review process for the portfolio or assignment.
• Review, approve, and submit team expense reports and PTO requests.
• Complete annual employee performance reviews, and regularly communicate employee performance expectations and achievements for the PM team members. 
• Ensure all Stream best practices are implemented and followed.
• Lead and/or co-lead training sessions for the Property Management Department as requested.

Qualifications

• 5+ years commercial property management experience required
• Bachelor’s Degree or 4+ years of relevant experience in lieu of degree required
• Significant supervisory responsibility    
• Experience preparing annual budgets, ownership reports, and CAM reconciliations
• Previous experience using real estate software (Yardi or MRI, Kardin, AvidXchange, IMPAK, or similar programs)
• CPM, RPA designation (or in progress) preferred
• Detail oriented
• Analytical
• Proficiency with Microsoft Excel, Word, and Teams
• Strong communication skills
• Attributes which align with Stream’s core values of Smart, Honest, Nice, and Passionate

Additional Information

Stream Realty Partners