Commercial Property Manager Leader
5 days ago
We are seeking a highly skilled Commercial Property Manager Leader to join our team at Stream Realty Partners.
About Us:
Founded in 1996, Stream Realty Partners is a full-service commercial real estate services organization that operates coast to coast. We complete billions in annual transactions and have millions of square feet of assignments. Our distinct culture is summarized by our firm's core values: smart, honest, nice, and passionate.
Your Impact:
You will be an integral member of our high-caliber, collaborative team. You will empower us to apply your energy, expertise, and creativity to meet our clients' needs while instilling you with unsurpassed market knowledge and development opportunities to succeed.
Job Summary:
The Sr. Property Manager will oversee all operations of a Class A, mixed-use redevelopment. This role is responsible for achieving superior operational results and financial performance. You will oversee a small team.
- Serve as point person for the portfolio or assignment.
- Work directly with clients, partners, and investors.
- 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.
- 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.
- 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.
- Assist Property Management Leadership with transitions within the departments as requested.
- All other duties associated with the day-to-day management and operations of commercial properties.
Qualifications:
- Bachelor's Degree preferred.
- 5+ years' plus commercial property management experience 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).
- 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.
Estimated Salary:$120,000 - $180,000 annually, depending on qualifications and experience.
Benefits:Competitive salaries, bonuses, medical/dental/vision insurance, pharmacy benefits, health savings account, flexible spending accounts, 401(k) plan with company matching, PTO, and holiday pay.
Equal Opportunity Employer:Stream Realty Partners offers equal employment opportunities to all qualified candidates.
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