Property Manager

2 months ago

Houston, United States Stream Realty Full time
Job DescriptionJob DescriptionCompany 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 Property Manager provides first-class property management services to third-party clients and owners. Day-to-day responsibilities include financial and operational management for a portfolio of assets including client interaction, tenant and vendor relations, lease administration, budgeting, and supervisory responsibility.

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 on-site property management staff, as well as third-party vendors. 
  • Build employee teams and provide direction, training, and motivation for superior performance.
  • Prepare budgets and manage financial performance of the portfolio.

RESPONSIBILITIES

  • Responsible for coordination of all property management-related activities including day-to-day building operations, accounts payable, accounts receivable, reporting, and client/tenant/vendor relations.
  • Work closely with Construction, Leasing, Marketing, and Accounting Teams to ensure the “Stream Team” is providing the highest level of service to our clients.
  • Ensure all Stream policies and best practices are implemented and followed.
  • Understand and ensure compliance with the Management Agreement(s) and all Client policies and procedures.
  • Conduct routine property inspections and associated follow-ups to prevent/identify/resolve problems and exposures.
  • Prepare and adhere to operating and capital budgets and re-forecasts as well as annual expense recovery estimates and reconciliations.
  • Coordinate all property-related contracts, services, repairs, and capital projects.
  • Prepare, review, and submit the monthly/quarterly/annual financial and operational reports as per Client requirements. Prepare monthly expense variance comments for the client(s).
  • Review and approve invoices/AP batches, and monthly rent edits. Review and ensure the accuracy of the General Ledger.
  • Tenant lease review and set up in designated accounting system.
  • Adhere to Stream property management annual audit.
  • Coordinate real estate tax review process for the portfolio/assignment.
  • Process and oversee all TI applications for accounting submission and payment.
  • Maintain personal contact with all vendors, tenants, and clients.
  • Respond to and resolve after-hour emergency calls as needed.
  • Supervisory responsibility for designated personnel.
  • Review, approve, and submit team expense reports and PTO requests.
  • Assist in the completion of annual performance reviews and regularly communicate performance to direct reports.
Qualifications

  • Bachelor’s Degree preferred
  • 3+ years of Commercial Property Management experience with supervisory responsibility preferred
  • Strong written and verbal communication skills; experience interacting with clients, vendors, teammates, and management
  • Experience preparing annual budgets, ownership reports, and CAM reconciliations
  • Previous experience using real estate software (Yardi or MRI, Kardin, AvidXchange, IMPAK, or similar programs)
  • Proficiency with Microsoft Excel, Word, and Teams
  • Detail oriented
  • Analytical
  • Ability to multitask
  • CPM, RPA designation (or in progress) preferred
  • Attributes which align to Stream's core values of Smart, Honest, Nice, and Passionate 


Additional Information

Stream Realty Partners offers competitive salaries, annual bonuses, medical, dental, and vision insurance, 401(k) with company matching, pharmacy benefits, flexible spending accounts, health savings account, vacation pay, volunteer & community involvement paid time off, and holiday pay.  

All information is held in compliance with EEOC guidelines. Stream is an equal-opportunity employer and does not discriminate on the basis of ethnicity, race, religion, sex, age, national origin, disability, military status or any other reason prohibited by law. Note: Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.

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