Senior Property Manager (Downtown DC - Class A Trophy Office Portfolio)

Stream Realty; Washington (District of Columbia); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Competitive salaries

Bonus opportunities

Medical/dental/vision insurance

401(k) plan with company matching

PTO and holiday pay

Job summary

Stream Realty Partners seeks a Senior Property Manager for the Downtown DC Class A Trophy Office Portfolio. You will oversee daily operations, lead a small PM team, manage client relationships, and ensure top-tier service and financial performance.

Responsibilities include budgeting, CAM reconciliations, tenant coordination, and coordinating capital improvements while maintaining compliance with codes and Stream's standards.

Qualifications

• 5+ years commercial property management experience
• Supervisory responsibility
• Experience preparing annual budgets, CAM reconciliations, and ownership reports

Responsibilities

• Lead the management team in resolving day-to-day property issues
• Maintain contact with tenants, vendors, and clients
• Oversee budgeting and financial performance of the portfolio
• Coordinate capital improvements and oversee renovations
• Ensure compliance with codes and Stream policies

Skills

Leadership

Budgeting

Client relations

Education

Bachelor’s Degree or 4+ years of relevant experience

Tools

Yardi

MRI

Kardin

AvidXchange

IMPAK

Job description

Senior Property Manager (Downtown DC - Class A Trophy Office Portfolio)

• Full-time

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 and follow Stream on LinkedIn , Instagram , X and Facebook .

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 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.

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.

ESSENTIAL FUNCTIONS

• Serve as point person for the portfolio or assignment.
• Work directly with clients, partners and investors.
• Build and maintain a best-in-class level of service for the building/portfolio.
• 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.

RESPONSIBILITIES

• 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.
• Conduct routine property inspections.
• 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 A/R 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 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.

• 5+ years commercial property management experience required
• Bachelor’s Degree or 4+ years of relevant experience in lieu of degree required
• Significant supervisory responsibility
• Experience preparing annual budgets, ownership reports, and CAM reconciliations
• Previous experience using real estate software (Yardi or MRI, Kardin, AvidXchange, IMPAK, or similar programs)
• Detail oriented
• AnalyticalProficiency with Microsoft Excel, Word, and Teams
• Attributes which 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.