Senior Property Manager

Stream Realty Partners
Chicago, IL
Category Real Estate
Job Description
Senior Property Manager oversees all operations of a commercial property or portfolio of properties, achieving superior operational results and financial performance. This role will oversee a small team and be responsible for managing day-to-day property management issues, preparing budgets and financial reports, and ensuring compliance with building codes and client policies.

Requirements

  • 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

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
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