What are the responsibilities and job description for the Regional Managing Director of Property Management position at Stream Realty Partners?
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 Regional Managing Director of Property Management for the Mid-Atlantic Region plays an integral role in the success of Stream’s Management platform. The position is based in Stream’s Downtown Washington, DC office and is responsible for the overall operations and financial performance of our 100-person commercial property management division with 12M square feet of office and industrial management assignments across Washington, DC, Northern Virginia, and Maryland, with additional oversight of select properties in Pennsylvania, New Jersey, and New York City. This is an exciting opportunity for an accomplished and strategic leader to join a dynamic and growing market. This individual will provide leadership to a talented management team while strengthening client partnerships and ensuring the continued growth of our platform.
Responsibilities
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 "Washington D.C. - Regional Managing Director" position in the Culture Index portal. We kindly request that you set aside 10 uninterrupted minutes within 48 hours of submitting your application.
________________________________________________________
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
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 Regional Managing Director of Property Management for the Mid-Atlantic Region plays an integral role in the success of Stream’s Management platform. The position is based in Stream’s Downtown Washington, DC office and is responsible for the overall operations and financial performance of our 100-person commercial property management division with 12M square feet of office and industrial management assignments across Washington, DC, Northern Virginia, and Maryland, with additional oversight of select properties in Pennsylvania, New Jersey, and New York City. This is an exciting opportunity for an accomplished and strategic leader to join a dynamic and growing market. This individual will provide leadership to a talented management team while strengthening client partnerships and ensuring the continued growth of our platform.
Responsibilities
- Oversight and supervision of the existing property management staff.
- Adequately staff all management assignments.
- Identify, attract, hire, and retain top talent in the property management industry across all disciplines.
- Build employee teams and provide training, motivation, and direction for superior performance.
- Resolve day-to-day property management issues.
- Coordinate and review budget/cam rec process.
- Facilitate teamwork and communication across divisions and departments.
- Build and maintain excellent relationships with clients.
- Serve as point person for property management clients.
- Complete annual performance reviews on direct reports by setting clear direction that aligns the PM team with the overall strategy of the company.
- Ensure best practices are implemented and followed.
- Coordinate and conduct annual Property Management audits.
- Collaborate with National Managing Director of Property Management and other Directors of PM to provide consistency across the company’s platform.
- Participate in creating and implementing national standard policies and procedures.
- Advocate and effectively implement any needed change in the company’s PM platform.
- Manage financial performance of the property management business units.
- Business development of property management assignments – including the development of RFP responses and presentation.
- Client interaction and new business pursuits.
- Analyze the profitability of each assignment and proposed assignment.
- Cross-sell and promote all of Stream’s services and business lines.
- Bachelor’s Degree in Business Administration, Finance, Accounting, Real Estate, or related field required.
- 10 years management experience with significant supervisory responsibility and relevant property management/or commercial real estate experience.
- Third-Party property management services experience highly preferred.
- CPM, CCIM, CPA, RPA designations desired.
- Strong leadership and communication skills.
- Detail-oriented, analytical, and computer literate.
- Business development experience.
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 "Washington D.C. - Regional Managing Director" position in the Culture Index portal. We kindly request that you set aside 10 uninterrupted minutes within 48 hours of submitting your application.
________________________________________________________
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
