Property Management

Sustainability

Stream is committed to providing ongoing resources for buildings to initiate, manage, and quantify sustainable buildings performance in order to drive utility cost savings, engage building teams and tenants, and provide healthy, sustainable work environments for building occupants.

ENERGY STAR SCORING, BOMA 360 PERFORMANCE BENCHMARKING, ASRHAE ENERGY AUDITS AND LEED CERTIFICATION are all part of our proactive sustainability practices at Stream.

Quality Assurance Program

SOC 1, the Service Organization Controls Report, is an annual process that tests the controls Stream has in place for financial reporting, operational risk, and data protection of our clients’ sensitive information.

Stream is audited annually for SOC 1, Type II compliance and continues to receive a “no exception” status each year across a managed portfolio of 160 million square feet. The SOC 1 compliance program is a primary quality assurance auditing program that ensures exemplary service and business controls over property and risk management, accounting, human resources, and information technology on behalf of our clients.

Accounting

Stream’s full-service accounting team is comprised of over 100 accountants that operate as a unified extension for each of our clients. Primary responsibilities include:

• Preparation of monthly financial statements specific to each client’s requirements.
• Cash management functions.
• Assisting property management with annual budgets, re-forecasts and operating expense reconciliations.
• Vendor maintenance and 1099 processing.
• Preparing ad hoc reports as requested by client.
• Addressing specific lender needs and requests, as authorized by the clients.
• Coordination with tax preparers to provide financial information for tax returns and margin tax payments.
• Sales tax collection, return preparation and submission of payment to the taxing authority.
• Financial audit assistance and oversight.
• Assist with post-close reconciliations and accounting.

Contact our Accounting Team to learn more.

Building Operations

Stream’s Building Operations team is responsible for the planning, implementation, coordination, and supervision of all mechanical operations, maintenance, communications, energy management, and manpower development programs. In short, we keep your building looking and running at its best. Our services include, but are not limited to, the following:

• Hire, train, and supervise building staff.
• Manage operational accounts and assist in development of operating and capital budgets.
• Recommend and implement improvements for the preventive maintenance program.
• Develop effective building-specific maintenance and safety procedures.
• Coordinate maintenance efforts with outside contractors, tenant finish personnel, and engineers.
• Oversee all building systems including fire/life safety, plumbing, HVAC, and electrical issues.
• Maintain ongoing communication with tenants, owners, property management, and vendors.
• Implement and administer inventory control programs.
• Develop and maintain service repair contracts.
• Ensure compliance with applicable codes, requisitions, and government agencies.

Contact our Building Operations Team to learn more.