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Property Manager

Company Description

ABOUT STREAM REALTY PARTNERS

Founded in 1996, Stream Realty Partners (Stream) began with a vision. Not one focused on bricks and mortar, but with people at its foundation. With 215+ million square feet of assignments and more than $5.8 billion in annual transactions, we are one of the fastest-growing, full-service commercial real estate services organizations in the country. We’ve grown from our two original partners to 1,400+ talented individuals that come together to create our distinct culture, best summarized by our firm’s core values: smart, honest, nice, and passionate. More information on the firm is available on the website: www.streamrealty.com

IMMEDIATE IMPACT. MEANINGFUL CAREER.

At Stream, we know our success begins and ends with our people. It’s 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 you with 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

POSITION OVERVIEW

The Property Manager provides first-class property management services to third-party clients and owners. Day-to-day responsibilities include financial and operational management for a portfolio of assets including client interaction, tenant and vendor relations, lease administration, budgeting, and supervisory responsibility.

ESSENTIAL FUNCTIONS

  • Serve as point person for the portfolio or assignment.
  • Work directly with clients, partners and investors.
  • Build and maintain a best-in-class level of service for the building/portfolio.
  • Supervise all on-site property management staff, as well as third-party vendors. 
  • Build employee teams and provide direction, training, and motivation for superior performance.
  • Prepare budgets and manage financial performance of the portfolio.

RESPONSIBILITIES

  • Responsible for coordination of all property management-related activities including day-to-day building operations, accounts payable, accounts receivable, reporting, and client/tenant/vendor relations.
  • Work closely with Construction, Leasing, Marketing, and Accounting Teams to ensure the “Stream Team” is providing the highest level of service to our clients.
  • Ensure all Stream policies and best practices are implemented and followed.
  • Understand and ensure compliance with the Management Agreement(s) and all Client policies and procedures.
  • Conduct routine property inspections and associated follow-ups to prevent/identify/resolve problems and exposures.
  • Prepare and adhere to operating and capital budgets and re-forecasts as well as annual expense recovery estimates and reconciliations.
  • Coordinate all property-related contracts, services, repairs, and capital projects.
  • Prepare, review, and submit the monthly/quarterly/annual financial and operational reports as per Client requirements. Prepare monthly expense variance comments for the client(s).
  • Review and approve invoices/AP batches, and monthly rent edits. Review and ensure the accuracy of the General Ledger.
  • Tenant lease review and set up in designated accounting system.
  • Adhere to Stream property management annual audit.
  • Coordinate real estate tax review process for the portfolio/assignment.
  • Process and oversee all TI applications for accounting submission and payment.
  • Maintain personal contact with all vendors, tenants, and clients.
  • Respond to and resolve after-hour emergency calls as needed.
  • Supervisory responsibility for designated personnel.
  • Review, approve, and submit team expense reports and PTO requests.
  • Assist in the completion of annual performance reviews and regularly communicate performance to direct reports.

Qualifications

  • Bachelor’s Degree preferred
  • 3+ years of Commercial Property Management experience with supervisory responsibility 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
  • Detail oriented
  • Analytical
  • Ability to multitask
  • CPM, RPA designation (or in progress) preferred
  • Attributes which align to Stream's core values of Smart, Honest, Nice, and Passionate

Additional Information

#LI-Onsite

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. 

To apply for a position, please visit our website at www.streamrealty.com

Average salary estimate

$90000 / YEARLY (est.)
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$80000K
$100000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Property Manager, Stream Realty

At Stream Realty Partners, the Property Manager is not just a title; it’s a key player in our mission to provide top-notch property management services. Based in Irvine, CA, this exciting role will have you overseeing a diversified portfolio of commercial assets, ensuring that both client needs and property operations run smoothly. From building strong relationships with clients, tenants, and vendors to managing budgets and financial performance, you’ll be at the heart of our operations. Our Property Manager is responsible for coordinating daily activities, supervising on-site staff, and ensuring compliance with all policies and regulations. Your exceptional communication skills and analytical abilities will be vital as you prepare financial reports, conduct property inspections, and lead your team to deliver best-in-class service. At Stream, you won’t just fill a position; you’ll contribute to a company that values its people and emphasizes growth opportunities. Your previous experience in Commercial Property Management and your educational background will equip you for success in this role. You’ll help shape the tenant experience while also driving operational excellence all under the supportive culture of Smart, Honest, Nice, and Passionate individuals. If you’re ready to make a meaningful impact in the world of commercial real estate, Stream Realty Partners is the place for you!

Frequently Asked Questions (FAQs) for Property Manager Role at Stream Realty
What are the primary responsibilities of a Property Manager at Stream Realty Partners?

At Stream Realty Partners, a Property Manager is responsible for a range of duties including overseeing day-to-day operations, preparing budgets, managing financial performance, and maintaining relationships with clients, tenants, and vendors. This role also includes supervisory responsibilities for property management staff and third-party vendors, ensuring that everyone delivers top-notch service while adhering to Stream’s best practices and policies.

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What qualifications are necessary for the Property Manager role at Stream Realty Partners?

A successful Property Manager at Stream Realty Partners typically holds a bachelor’s degree and has over three years of experience in Commercial Property Management, ideally with supervisory responsibilities. Candidates should have strong communication skills, experience with real estate software like Yardi or MRI, and the ability to prepare annual budgets and ownership reports. Additionally, a CPM or RPA designation is preferred.

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How does a Property Manager collaborate with other departments at Stream Realty Partners?

In their role, a Property Manager at Stream Realty Partners works closely with various departments including Construction, Leasing, Marketing, and Accounting. This collaboration is essential to ensure that the company meets client expectations and maintains operational excellence. By coordinating with these teams, the Property Manager can leverage resources effectively for outstanding service delivery.

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What skills are beneficial for a Property Manager working at Stream Realty Partners?

A Property Manager at Stream Realty Partners benefits from having strong analytical skills, attention to detail, and the ability to multitask. Proficiency in tools like Microsoft Excel, Word, and Teams is also important for performing various management tasks efficiently. Additionally, a passion for delivering excellent service and embodying Stream’s core values—Smart, Honest, Nice, and Passionate—is crucial.

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What makes the Property Manager position at Stream Realty Partners unique?

The Property Manager position at Stream Realty Partners is unique due to its emphasis on people and collaboration. Stream prioritizes building a positive culture that supports personal growth, skill development, and meaningful connections within teams. This role allows you to have a direct impact on client relationships while contributing to an environment that values and celebrates its people.

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Common Interview Questions for Property Manager
Can you describe your experience with managing budgets in commercial property management?

In preparing for this question, highlight specific instances where you have managed budgets effectively, mentioning the size of the portfolio and any financial goals you had. Talk about how you tracked expenses, made forecasts, and adjusted budgets based on performance. This will show your potential employer that you have practical experience and an analytical approach.

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How do you handle tenant complaints or conflicts?

When responding to this question, provide examples of how you’ve successfully solved tenant issues. Emphasize your communication skills, empathy, and problem-solving abilities. Discuss a specific situation where you defused a conflict, demonstrating your capacity to manage relationships and maintain tenant satisfaction.

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What strategy do you use to build relationships with clients and vendors?

Focus on your approach to relationship management by discussing how you prioritize communication, regular updates, and responsiveness. Provide examples of how you’ve fostered strong connections that benefited your previous employers and improved service delivery.

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Can you explain your familiarity with real estate management software?

When answering this question, outline your experience with software platforms like Yardi or MRI. Discuss how you utilized these tools for scheduling, budgeting, and reporting, and outline how proficiency in these systems has helped you improve property management efficiency.

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Describe a challenging project or situation you faced in previous property management roles.

Share an example of a particularly complex property management challenge. Detail the steps you took to address the issue, collaborate with your team, and the outcome. Be sure to reflect on what you learned from the experience and how it shaped your approach to future challenges.

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What is your approach to managing property maintenance and vendor relations?

In your response, elaborate on your strategy for maintaining properties and effectively managing vendor relationships. Discuss how communication, regular check-ins, and performance reviews play a role in ensuring high standards of property maintenance and service delivery.

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How do you prioritize your tasks and manage your time effectively in property management?

Focus on your time management techniques, such as utilizing tools for task prioritization or setting timelines for deliverables. Provide an example of how you’ve effectively balanced multiple properties or responsibilities, showcasing your ability to multitask while maintaining quality service.

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What experience do you have in tenant lease administration?

Discuss your background in handling tenant leases, including any tasks such as preparing leases, renewals, and compliance checks. Providing concrete examples of your experience will illustrate your capability in lease administration and contribute positively to your potential role.

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What steps do you take to ensure compliance with property management laws and regulations?

Emphasize your understanding of real estate laws and regulations that govern property management. Discuss how you ensure compliance through ongoing training, research, and collaboration with legal teams to safeguard the interests of both the clients and the organization.

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What motivates you to work in property management?

Use this question to reflect on what drives your passion for property management. Share insights about your dedication to improving client satisfaction, enhancing tenant experiences, and fostering meaningful relationships within the property management field.

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Founded in 1996 and headquartered in Dallas, Texas, Stream Realty Partners is a leasing and management company that operates as a commercial real estate services company and specializes in leasing, property and facilities management, tenant repres...

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Full-time, on-site
DATE POSTED
March 23, 2025

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