Senior Property Manager

Full-time - Mid Level

Washington, DC

1,001-5,000 employees

Real Estate

About the position

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.

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 client's policies and procedures.
• Manage the financial performance of the property or portfolio.
• Prepare an 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.

Requirements

• 5+ years of 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
• Analytical
• Proficiency with Microsoft Excel, Word, and Teams
• Strong communication skills
• Attributes that align with Stream's core values of Smart, Honest, Nice, and Passionate

Nice-to-haves

• CPM, RPA designation (or in progress) preferred

Benefits

• Competitive salaries
• Bonuses
• Medical/dental/vision insurance
• Pharmacy benefits
• Health savings account
• Flexible spending accounts
• 401(k) plan with company matching
• PTO
• Holiday pay