Commercial Property Manager

Company Description

ABOUT STREAM REALTY PARTNERS

Founded in 1996, Stream Realty Partners (Stream) began with a vision. Not one focused on bricks and mortar, but with people at its foundation. Headquartered in Dallas, TX and operating in core markets coast to coast, we complete billions in annual transactions in office, industrial, retail, healthcare, land, and data center properties. With millions of square feet of assignments, Stream is one of the fastest-growing, full-service commercial real estate services organizations in the country. Our team of talented individuals have come together to create our distinct culture, best summarized by our firm’s core values: smart, honest, nice, and passionate. For more information, visit www.streamrealty.com and follow Stream on LinkedIn, Instagram, X and Facebook.

IMMEDIATE IMPACT. MEANINGFUL CAREER.

At Stream, we know our success begins and ends with our people. It is the reason we work hard to attract and retain the best and brightest talent. From day one, you will be an integral member of our high-caliber, collaborative team. We will empower you to apply your energy, expertise, and creativity to meet our client’s needs while instilling you with unsurpassed market knowledge and development opportunities to succeed. When you join Stream, you won’t simply start a new job—you will build a meaningful and impactful career.

Job Description

POSITION OVERVIEW

The Commercial Property Manager is responsible for the direct management and oversight of an assigned commercial office property with the goals of maximizing the asset value for the property owners while keeping tenants satisfied. 

ESSENTIAL FUNCTIONS

• Resolve property management issues; Maintain the property.
• Full responsibility for the financial performance of the property; Report the monthly financial results. 
• Ensure adherence to owners’ policies and procedures.
• Partner with Leasing professionals to resolve leasing issues and keep the properties occupied.

RESPONSIBILITIES

• Maintain personal contact with property owner(s) and tenants.
• Monitor lease expirations and work with leasing team to maximize tenant retention.
• Complete monthly AR collections
• Complete the monthly reporting according to owner's needs.
• Ensure compliance with management agreements.
• Coordinate property/owner teams including property management, accounting, marketing, and construction.
• Competitively bid service contracts annually and all other services as needed.
• Manage vendors.
• Supervise team, including maintenance personnel.
• Assemble, review, and implement operating and capital budgets.
• Assemble and review operating expense reconciliations.
• Establish AR/AP guidelines, track performance and monitor recovery process.
• Conduct routine property inspections to prevent/identify problems and exposures.
• Coordinate insurance procurement, electricity procurement, and real estate tax review processes for properties
• Ensure compliance with codes, regulations, and governmental agency directives.
• Assure optimal functioning of building life safety and security systems.

Qualifications

• Commercial Property Management (Office, Retail, or Industrial properties) and Commercial Real Estate industry experience required.
• CPM, RPA designation (or in progress) preferred.
• Bachelor’s degree preferred.
• 3-5 Years property management experience with supervisory responsibility
• Strong written and verbal communication skills
• Detail oriented, analytical and computer literate
• Computer/software skills:  Microsoft Office; Microsoft Excel; Microsoft Outlook; Yardi; MRI; Kardin; Avid