Senior Property Manager (Downtown DC)

Stream Realty Partners; Washington (District of Columbia); On-site; USD 80,000 - 105,000; Full time

Benefits offered by this job

Medical/dental/vision insurance

401(k) plan with company matching

PTO and holiday pay

Job summary

Stream Realty Partners, based in Washington, is seeking a Senior Property Manager to oversee the operations of commercial properties. The ideal candidate will manage teams, ensure compliance, and drive financial performance within the portfolio.

Candidates should have a Bachelor's degree and over 3 years of experience in commercial property management, along with strong communication and analytical skills.

Stream offers competitive salaries, bonuses, and benefits, such as medical insurance and a 401(k) plan.

Qualifications

• 3+ years of commercial property management experience with supervisory responsibility preferred.
• CPM, RPA designation (or in progress) preferred.
• Proficiency with real-estate software.

Responsibilities

• Oversee all operations of a commercial property or portfolio.
• Manage financial performance and prepare budgets.
• Lead a team and resolve day-to-day property management issues.

Skills

Commercial property management

Communication skills

Budget preparation

Analytical skills

Education

Bachelor's degree

Tools

Yardi

Microsoft Excel

Microsoft Word

Job description

About Stream Realty Partners

Founded in 1996, Stream Realty Partners (Stream) began with a vision focused on people rather than bricks and mortar. Headquartered in Dallas, TX and operating in core markets coast to coast, we complete billions in annual transactions across 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 culture is summarized by our core values: smart, honest, nice, and passionate.

Senior Property Manager

The Senior Property Manager oversees all operations of a commercial property or portfolio of properties. The role is responsible for achieving superior operational results and financial performance, and will supervise 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, and 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 client policies and procedures.
• Manage financial performance, including annual third‑party operating and capital budgets.
• 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, bidding as required per the management agreement.
• 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 performance expectations and achievements for the PM team.
• 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 departments as requested.
• Perform 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).
• Proficiency with Microsoft Excel, Word, and Teams.
• Analytical and able to multitask.
• Attributes that align with Stream’s core values of smart, honest, nice, and passionate.

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.

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.