Sr. Property Manager, Industrial

About the role

Stream Realty Partners is seeking a Senior Property Manager to oversee all operations for a portfolio of commercial Industrial properties. This role is responsible for achieving superior operational results and financial performance and will oversee a small team.

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.
• 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.
• 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.
• Perform all other duties associated with the day-to-day management and operations of commercial properties.

Requirements

• 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.

Benefits

• Competitive salaries and bonuses.
• Medical, dental, and vision insurance.
• Pharmacy benefits.
• Health savings account and flexible spending accounts.
• 401(k) plan with company matching.
• Paid time off (PTO) and holiday pay.