Property Manager

Stream Realty Partners

Chicago (IL)

On-site

USD 75,000 - 95,000

Full time

14 days+

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Benefits offered by this job

Competitive salaries

Bonuses

401(k) plan with company matching

Medical/dental/vision insurance

Job summary

A commercial real estate services firm based in Chicago is seeking a Property Manager responsible for managing client properties and ensuring operational efficiency. The role requires overseeing financial management, tenant relations, and compliance with agreements while collaborating with various internal teams. Candidates should have a Bachelor’s degree and at least 3 years of commercial property management experience, preferably with supervisory duties. A strong understanding of real estate software and communication skills are essential.

Qualifications

3+ years of Commercial Property Management experience with supervisory responsibility preferred.
Experience preparing annual budgets and ownership reports.
Strong written and verbal communication skills.

Responsibilities

Coordinate all property management-related activities including building operations.
Conduct routine property inspections to identify and resolve issues.
Prepare and adhere to operating and capital budgets.

Skills

Commercial Property Management experience

Communication skills

Analytical skills

Multitasking ability

Education

Bachelor’s Degree

Tools

Yardi

MRI

Microsoft Excel

Job description

ABOUT 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. Headquartered in Dallas, TX and operating in core markets coast to coast, we complete billions in annual transactions in office, industrial, retail, healthcare, land, and data center properties. With millions of square feet of assignments, Stream is one of the fastest-growing, full-service commercial real‑estate services organizations in the country. Our team of talented individuals have come together to create our distinct culture, best summarized by our firm’s core values: smart, honest, nice, and passionate. For more information, visit www.streamrealty.com.

IMMEDIATE IMPACT. MEANINGFUL CAREER.

At Stream, we know our success begins and ends with our people. It is 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 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.

POSITION OVERVIEW

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.

PRIMARY 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 the 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‑hours 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
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 notifications@smartrecruiters.com 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 “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.

BENEFITS

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.

EEO STATEMENT

Stream 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.

APPLICATION

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

Seniority level