Sr. Property Manager, Industrial

Stream Realty Partners; Irvine (CA); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Competitive salaries

Bonuses

Medical/dental/vision insurance

401(k) with company matching

PTO

Holiday pay

Job summary

Stream Realty Partners is seeking a Senior Property Manager to oversee operations for a portfolio of commercial industrial properties. The role includes budgeting, financial oversight, and leading a small team to deliver superior performance.

You will work directly with clients, partners, and investors, ensuring compliance with codes and client policies while coordinating with construction for capital improvements.

Qualifications

• Bachelor’s Degree preferred.
• CPM or RPA designation (or in progress) is desired.
• Significant supervisory responsibility expected.
• Experience preparing annual budgets, ownership reports and CAM reconciliations.
• Proficiency with real estate software (Yardi, MRI, Kardin, AvidXchange or similar).

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 vendors.
• Build employee teams and provide direction, training and motivation.
• Prepare budgets and manage financial performance of the portfolio.
• Lead the management team in resolving day-to-day property management issues.
• Maintain contact with tenants, vendors and clients.
• Ensure compliance with building codes, regulations and agency directives.
• Adhere to clients’ policies and procedures.
• Review and input leases into the Yardi system.
• Oversee tenant improvements and coordinate capital improvements.
• Manage buildings undergoing renovations.
• Coordinate real estate tax review for the portfolio.
• Perform annual employee performance reviews and set expectations.
• Lead training sessions for the Property Management Department.

Skills

Commercial property management

Leadership

Budgeting

Communication skills

Team supervision

Education

Bachelor’s Degree preferred

CPM or RPA designation (or in progress)

Tools

Yardi

MRI

AvidXchange

IMPAK

Job description

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.

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 clients’ needs while instilling in you 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.

Job Description

The Senior Property Manager oversees all operations for a portfolio of commercial Industrial 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 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 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
• 5+ years of commercial property management experience required
• CPM, RPA designation (or in progress) preferred
• 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)
• Analytical skills
• Proficiency with Microsoft Excel, Word, and Teams
• Strong communication skills
• Attributes which align with Stream’s core values of Smart, Honest, Nice, and Passionate

Additional Information

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.