Stream Realty Partners

Senior Property Manager (Downtown DC)

Stream Realty Partners$90K — $120K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree preferred
  • 3+ years of Commercial Property Management experience with supervisory responsibility preferred
  • CPM, RPA designation (or in progress) preferred
  • Strong written and verbal communication skills
  • Experience preparing annual budgets, ownership reports, and CAM reconciliations
  • Previous experience using real estate software (Yardi or similar)
  • Proficiency with Microsoft Excel, Word, and Teams

Responsibilities

  • Serve as the main contact for the assigned portfolio
  • Collaborate with clients, partners, and investors
  • Supervise administrative, maintenance, and vendor staff
  • Build and train teams for high performance
  • Manage budget preparation and financial results
  • Resolve day-to-day property management issues
  • Maintain relationships with tenants, vendors, and clients

Benefits

  • Medical/dental/vision insurance
  • Pharmacy benefits
  • Health savings account and flexible spending accounts
  • 401(k) plan with company matching
  • Paid time off and holiday pay
Full Job Description
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.

PRIMARY RESPONSIBILITIES
  • Serve as the 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 the 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 the Yardi system.
  • Oversee tenant improvements and coordinate with the 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
  • 3+ years of Commercial Property Management experience with supervisory responsibility preferred
  • CPM, RPA designation (or in progress) 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
  • Analytical
  • Ability to multitask
  • Attributes that align with Stream's core values of Smart, Honest, Nice, and Passionate


Additional Information

Once you have completed your application, you will receive an email from with a link to the Culture Index survey which will help us gain a better understanding of your strengths and motivational drives. Please search for the "Senior Property Manager - All Locations" position in the Culture Index portal. We kindly request that you set aside 10 uninterrupted minutes within 48 hours of submitting your application.

#LI-CF2 #LI-Onsite

Stream Realty Partners offers 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. Individual compensation packages are based on various factors unique to each candidate, including skill set, experience, qualifications, location, and other job-related reasons.

To apply for a position, please visit our website at www.streamrealty.com

About Stream Realty Partners

Stream Realty Partners, L.P. is a real estate investment and services company that provides leasing, property management, development, and investment services to commercial and residential properties. The company's services include tenant representation, project management, construction management, and investment management. Stream Realty Partners, L.P. was founded in 1996 and is headquartered in Dallas, Texas. The company has offices in Atlanta, Austin, Charlotte, Chicago, Denver, Fort Worth, Houston, Los Angeles, Miami, Nashville, Orlando, Phoenix, San Antonio, and Washington, D.C.
Learn more about Stream Realty Partners
Size
900 employees
Industry
Founded
1996

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