Senior Property Manager
Stream Realty - New York City, NY
Apply NowJob Description
Company DescriptionABOUT 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. With 215+ million square feet of assignments and more than $5.8 billion in annual transactions, we are one of the fastest-growing, full-service commercial real estate services organizations in the country. We've grown from our two original partners to 1,400+ talented individuals that come together to create our distinct culture, best summarized by our firm's core values: smart, honest, nice, and passionate. More information on the firm is available on the website: IMMEDIATE IMPACT. MEANINGFUL CAREER.At Stream, we know our success begins and ends with our people. It's 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 DescriptionPOSITION OVERVIEWThe 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.RESPONSIBILITIESServe 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 AR 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 plete 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 andor 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.QualificationsCPM, RPA designation (or in progress) preferredBachelor's Degree preferred5 years' plus commercial property management experience requiredSignificant supervisory responsibility Experience preparing annual budgets, ownership reports, and CAM reconciliationsPrevious experience using real estate software (Yardi or MRI, Kardin, AvidXchange, IMPAK, or similar programs)AnalyticalProficiency with Microsoft Excel, Word, and TeamsStrong communication skillsAttributes which align with Stream's core values of Smart, Honest, Nice, and PassionateAdditional Information#LI-OnsiteStream is an equal-opportunity employer and does not discriminate on the basis of ethnicity, race, religion, sexual orientation, gender identity, 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.Stream Realty Partners offers competitive salaries, bonuses, medicaldentalvision 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.
Created: 2025-03-08