Senior Property Manager at Stream Realty — Rockville, MD

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.

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.
• 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 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

Once you have completed your application, you will receive an email from notifications@smartrecruiters.com with a link to the Culture Index survey, which will help us gain a better understanding of your strengths and motivational drives. Please search for the "Senior Property Manager - All Locations" position in the Culture Index portal. We kindly request that you set aside 10 uninterrupted minutes within 48 hours of submitting your application.

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