Asset Manager

Millman Recruiting Services, LLC; Miami (FL); Hybrid; USD 120,000 - 180,000; Full time

Job summary

Millman Recruiting Services, LLC seeks an Senior Industrial Asset Manager to lead leasing and portfolio performance for a multi-tenant industrial real estate portfolio in Miami. Hybrid role: three in-office days, two remote.

You will direct leasing, analyze economics, manage budgets, and coordinate with construction and finance to maximize occupancy and revenue. 3–6 years CRE experience, strong Excel and Yardi Voyager skills, and travel ~10% are preferred.

Qualifications

• 3–6 years of commercial real estate asset management, leasing, or operations.
• Strong financial analysis, including rent economics and budgeting.
• Experience with multi-tenant industrial assets and performance metrics.
• Proficiency in Yardi Voyager and advanced Excel.
• Bachelor's degree in real estate, finance, or related field.
• Willingness to travel about 10%.

Responsibilities

• Direct third-party leasing teams to drive new leases, renewals, and occupancy.
• Evaluate vacant suites and plan make-ready and spec programs.
• Set deal parameters and negotiate LOIs, RFPs, leases, and amendments.
• Analyze transaction economics and recommend deal terms.
• Develop leasing assumptions and monitor market conditions.
• Own quarterly asset performance analyses and budgets.
• Review operating budgets and drive reforecasts and cash projections.
• Analyze expenses, CAM/NNN reconciliations, and tax appeals.
• Present performance, forecasts, and issues in portfolio reviews.
• Evaluate capex and work with construction on tenant buildouts.
• Monitor tenant credit and develop workout strategies when needed.
• Review loan requirements and coordinate with finance.
• Develop action plans with property management for underperforming assets.

Skills

Financial analysis

Lease economics

Budgeting

Cash flow forecasting

Portfolio management

Travel willingness

Education

Bachelor's degree in real estate, finance, or related field

Tools

Yardi Voyager

Excel

Job description

Industrial Senior Asset Manager Needed – Industrial Real Estate Portfolio

Hybrid role – 3 days in office in Miami, 2 days remote

Role:

Leasing and Revenue Growth

• Direct third-party leasing teams to drive new leases, renewals, and occupancy across your portfolio.
• Evaluate vacant suites and plan make-ready and spec suite programs, including scope, cost, timing, and target tenant profile, to improve marketability and reduce downtime.
• Set deal parameters and negotiate LOIs, RFPs, leases, and amendments in coordination with local brokerage teams.
• Analyze transaction economics, including rent, TI/LC exposure, downtime, and tenant credit, and recommend deal terms.
• Develop annual leasing assumptions and monitor market conditions, including rental rates, concessions, supply, absorption, and leasing velocity.

Financial Performance and Business Planning

• Own quarterly asset performance analysis, including financial results, budget-to-actual variances, rent rolls, occupancy, accounts receivable, and performance against the business plan and acquisition proforma.
• Review annual operating and capital budgets submitted by property management against the asset proforma and drive the budget process to completion; prepare quarterly reforecasts, cash projections, and capital funding requirements.
• Analyze operating expenses and recoveries, including CAM/NNN reconciliations and third-party property tax appeals, to identify savings opportunities and recovery leakage.
• Present asset performance, forecasts, and key issues in quarterly portfolio and distribution meetings with the executive team.

Capital, Risk, and Asset Execution

• Evaluate capital expenditures and partner with construction management on tenant buildouts, project scopes, budgets, and delivery against lease obligations.
• Assess tenant credit, monitor at-risk tenants, and develop workout strategies when needed.
• Review loan requirements related to leasing, lender approvals, and reserves, and coordinate approval requests with the finance team.
• Develop action plans with property management for underperforming assets and conduct periodic site visits to evaluate asset condition and execution.

Ideal candidate will have:

• 3–6 years of commercial real estate experience in asset management, leasing, or property operations.
• Strong financial analysis skills, including lease economics, budgeting, and cash flow forecasting.
• Working knowledge of multi-tenant light industrial, flex, or business park operations.
• Proficiency in Yardi Voyager and advanced Excel.
• Bachelor's degree in real estate, finance, or a related field.
• Ability to travel approximately 10%.

Preferred

• Experience with Yardi Deal Manager, VTS or other comparable leasing and asset management platforms.
• Demonstrated ability to improve reporting, systems, or operating processes.