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Commercial Property Manager
2 months ago
The Senior Property Manager - Portfolio Oversight role at Stream Realty is a critical position that oversees all operations of a commercial property or portfolio of properties. This position is responsible for achieving superior operational results and financial performance.
Key Responsibilities- Serve as the primary point of contact for the portfolio or assignment, ensuring seamless communication with clients, partners, and investors.
- Build and maintain a best-in-class level of service for the building/portfolio, fostering strong relationships with tenants, vendors, and clients.
- Supervise all administrative and maintenance staff, as well as third-party vendor-partners, to ensure efficient and effective operations.
- Develop and implement strategies to improve financial performance, including budget preparation and management.
- Lead the management team in resolving day-to-day property management issues, ensuring prompt and effective resolution.
- Maintain compliance with building codes, regulations, and governmental agency directives, conducting routine property inspections as needed.
- Ensure adherence to clients' policies and procedures, preparing annual third-party operating budget and capital budget.
- Prepare monthly ownership reports, including Budget Variance and A/R Comments, and annual CAM estimates and reconciliations.
- Oversee tenant improvements, coordinate with construction teams, and bid as required per the management agreement.
- Manage buildings undergoing major renovations, ensuring minimal disruption to tenants and operations.
- Adhere to Stream Realty's annual audit process, coordinating real estate tax review and ensuring compliance with all regulatory requirements.
- Review, approve, and submit team expense reports and PTO requests, completing annual employee performance reviews and communicating performance expectations and achievements.
- Ensure all Stream Realty best practices are implemented and followed, leading and/or co-leading training sessions for the Property Management Department as requested.
- Assist Property Management Leadership with transitions within the departments as needed, performing all other duties associated with the day-to-day management and operations of commercial properties.
