Senior Property Manager

Stream Realty; New York (NY); On-site; USD 70,000 - 110,000; Full time

Job summary

Join a dynamic and rapidly growing commercial real estate firm as a Senior Property Manager, where your leadership will directly influence the operational success of properties. This role involves overseeing a dedicated team, managing client relationships, and ensuring compliance with regulations while driving financial performance. You'll have the opportunity to utilize your expertise in property management, budget preparation, and team development in a supportive and collaborative environment. If you're ready to make a meaningful impact and build a rewarding career, this is the perfect opportunity for you.

Benefits

Medical insurance

Dental insurance

Vision insurance

401(k) plan with company matching

PTO

Holiday pay

Pharmacy benefits

Health savings account

Flexible spending accounts

Qualifications

• 5+ years of commercial property management experience required.
• Experience with real estate software like Yardi or MRI is essential.

Responsibilities

• Oversee all operations of a commercial property or portfolio.
• Prepare budgets and manage financial performance of the portfolio.

Skills

Analytical skills

Strong communication skills

Supervisory responsibility

Education

Bachelor’s Degree

CPM, RPA designation (or in progress)

Tools

Yardi

Microsoft Excel

Microsoft Word

Microsoft Teams

Job description

Company 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. 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: www.streamrealty.com.

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.

POSITION OVERVIEW

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.

RESPONSIBILITIES

1. Serve as point person for the portfolio or assignment.
2. Work directly with clients, partners, and investors.
3. Supervise all administrative and maintenance staff, as well as third-party vendor-partners.
4. Build employee teams and provide direction, training, and motivation for superior performance.
5. Prepare budgets and manage financial performance of the portfolio.
6. Lead the management team in resolving all day-to-day property management issues.
7. Maintain personal contact with all tenants, vendors, and clients.
8. Ensure compliance with building codes, regulations, and governmental agency directives.
9. Ensure adherence to the clients’ policies and procedures.
10. Manage financial performance of the property or portfolio.
11. Prepare annual third-party operating budget and capital budget.
12. Prepare monthly ownership reports, including Budget Variance and A/R Comments.
13. Prepare annual CAM estimates and reconciliations.
14. Review or input new leases or lease changes into Yardi system.
15. Oversee tenant improvements and coordinate with the construction team on capital improvements; bid as required per the management agreement.
16. Ability to successfully manage buildings undergoing major renovations.
17. Adhere to Stream property management annual audit.
18. Coordinate real estate tax review process for the portfolio or assignment.
19. Review, approve, and submit team expense reports and PTO requests.
20. Complete annual employee performance reviews, and regularly communicate employee performance expectations and achievements for the PM team members.
21. Ensure all Stream best practices are implemented and followed.
22. Lead and/or co-lead training sessions for the Property Management Department as requested.
23. Assist Property Management Leadership with transitions within the departments as requested.
24. All other duties associated with the day-to-day management and operations of commercial properties.

Qualifications

1. CPM, RPA designation (or in progress) preferred
2. Bachelor’s Degree preferred
3. 5 years’ plus commercial property management experience required
4. Significant supervisory responsibility
5. Experience preparing annual budgets, ownership reports, and CAM reconciliations
6. Previous experience using real estate software (Yardi or MRI, Kardin, AvidXchange, IMPAK, or similar programs)
7. Analytical
8. Proficiency with Microsoft Excel, Word, and Teams
9. Strong communication skills
10. Attributes which align with Stream’s core values of Smart, Honest, Nice, and Passionate

#LI-Onsite

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. 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, 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.