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Stream Realty

Property Manager

full-time•Rosemont

Summary

Location

Rosemont

Type

full-time

Experience

2-5 years

Company links

WebsiteLinkedInLinkedIn

About this role

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. Headquartered in Dallas, TX and operating in core markets coast to coast, we complete billions in annual transactions in office, industrial, retail, healthcare, land, and data center properties. With millions of square feet of assignments, Stream is one of the fastest-growing, full-service commercial real estate services organizations in the country. Our team of talented individuals have come together to create our distinct culture, best summarized by our firm’s core values: smart, honest, nice, and passionate. For more information, visit www.streamrealty.com and follow Stream on LinkedIn, Instagram, X and Facebook.

IMMEDIATE IMPACT. MEANINGFUL CAREER.

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

    PRIMARY 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 the 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-hours 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 
    • 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  

    Additional Information

    Once you have completed your application, you will receive an email from [email protected] 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 "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.

    ________________________________________________________

    #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

    What you'll do

    • The Property Manager is responsible for providing first-class property management services, including financial and operational management for a portfolio of assets. This includes client interaction, tenant and vendor relations, lease administration, budgeting, and supervisory responsibilities.

    About Stream Realty

    Stream Realty Partners is one of the fastest-growing full-service commercial real estate companies in the nation. We have more than 445M+ million square feet of office, industrial, retail, and healthcare assignments, resulting in over $8.9 billion in real estate transactions annually. Founded in 1996, Stream has grown from its two original partners to a staff of over 1,700+ real estate professionals who share one common goal: to provide an unequaled level of service to our clients. We realize that our success begins and ends with our people, so we work hard to attract and retain the best talent in the industry. These high-caliber professionals come together to create a distinct culture that is best summarized by our firm’s values: smart, honest, nice, and passionate. For information, visit www.streamrealty.com. Follow Stream on Facebook (www.facebook.com/streamrealtypartners), Twitter (www.twitter.com/streamrealty), and Instagram (www.instagram.com/streamrealtypartners).

    Ready to join Stream Realty?

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    Frequently Asked Questions

    What does a Property Manager do at Stream Realty?

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    As a Property Manager at Stream Realty, you will: the Property Manager is responsible for providing first-class property management services, including financial and operational management for a portfolio of assets. This includes client interaction, tenant and vendor relations, lease administration, budgeting, and supervisory responsibilities..

    Is the Property Manager position at Stream Realty remote?

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    The Property Manager position at Stream Realty is based in Rosemont, Illinois, United States. Contact the company through Clera for specific work arrangement details.

    How do I apply for the Property Manager position at Stream Realty?

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    You can apply for the Property Manager position at Stream Realtydirectly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process.
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