Senior Property Manager (Downtown DC)

Stream Realty; Washington (District of Columbia); On-site; USD 75,000 - 100,000; Full time

Benefits offered by this job

Competitive salary

Bonuses

Medical/Dental/Vision insurance

401(k) plan with company matching

PTO and holiday pay

Job summary

Stream Realty in Washington, D.C. is looking for a Senior Property Manager to oversee operations and financial performance of commercial properties. The role requires management of a small team to ensure superior operational results and compliance with regulations.

Ideal candidates should have 3+ years in commercial property management, strong communication skills, and experience with budget preparation and real estate software. Attractive benefits are offered including competitive salary and medical insurance.

Qualifications

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

Responsibilities

• Oversee all operations of a commercial property or portfolio.
• Supervise administrative and maintenance staff.
• Prepare budgets and manage financial performance.

Skills

Commercial Property Management experience

Strong communication skills

Budget preparation experience

Experience with real estate software

Proficiency in Microsoft Office

Analytical skills

Multitasking ability

Education

Bachelor’s Degree

Tools

Yardi

Microsoft Excel

Microsoft Word

Microsoft Teams

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 client’s 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


• 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

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.

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.