Director of Asset Management
Thorofare Capital, Miami, FL, United States
About Thorofare
Thorofare Capital (www.thorofarecapital.com) is a national, vertically integrated commercial real estate debt manager. The Los Angeles-based firm, with additional offices in New York City, Miami, and Dallas, focuses on $15 million to $100 million financing transactions, targeting value‑add and opportunistic acquisitions, recapitalizations, and distressed debt secured by transitional properties. With a national presence, Thorofare has originated more than $5.6 billion since the firm’s inception in 2010, across more than 13 property types throughout 33 states. Thorofare is an affiliate of Callodine Group, an asset management platform with approximately $20 billion in AUM. Job Description
Location: Miami, FL Thorofare Capital seeks to hire a Director of Asset Management for its commercial real estate credit investment platform at the firm’s Miami, FL office. The Director of Asset Management will play a central role in managing and overseeing loan assets originated by the firm’s Origination Team. This position is responsible for driving portfolio performance and ensuring disciplined execution across assets. The role requires a motivated and well‑rounded individual who can operate effectively within a fast‑paced, team‑oriented environment. In addition to internal coordination, the position will include regular interaction with and oversight of a third‑party primary loan servicer. Key Responsibilities
Work with the Asset Management Team to proactively manage, provide surveillance reporting, track progress and service a $1.4 billion UPB portfolio of commercial real estate loans. Obtain and review periodic financial statements, rent rolls and other reports from borrowers and property managers. Monitor and track property‑specific loan covenants such as impound draws and disbursements, mandatory pay‑downs, collateral requirements, credit analysis, etc. Prepare disbursement packages for ground‑up construction, renovation and tenant improvement draws for approval by the Managing Director of Asset Management. Obtain and review inspection reports from construction project monitoring firms. Analyze proposed leases for compliance with minimum leasing criteria, including an analysis of the tenant’s financial condition and business plan. Prepare variance analysis at the property level. Prepare periodic (quarterly/annual) asset review reports. Model full life cycle financial analysis for each asset from acquisition through disposition. Manage and coordinate post‑funding activities and the onboarding of each loan. Monitor portfolio performance, including tracking property performance against the business plan, compliance with loan documents, collateral exceptions, etc. Monitor and ensure property tax and insurance requirement compliance. Periodic travel to properties as needed to inspect assets. Stay informed of financial and market trends that could affect the portfolio. Qualifications
Bachelor’s degree in accounting, finance, economics, or related field with a history of excellent academic performance. 5‑7+ years of real estate debt or equity asset management experience. Experience with and knowledge of commercial real estate investments, compliance, and analytics. Excellent attention to detail and the ability to prepare and present accurate and timely reports to management. Ability to think quickly, work effectively, and manage multiple projects in a fast‑paced environment. Strong negotiation, writing, editing, and correspondence skills; ability to write clearly and concisely for clients, prospective clients, and business partners. Strong oral communication skills, both in‑person and on the phone. Strong organizational skills and extreme detail orientation; ability to track and manage complex processes with numerous stakeholders and to develop or enhance new processes when necessary. Enjoys and works well in a team environment. Workout experience is a plus. Self‑starter and capable of managing personal time effectively. Ability to handle a breadth of responsibilities while maintaining accuracy and a detail‑oriented focus. Proficiency with MS Office. Employment at Thorofare Capital, Inc., its subsidiaries, or strategic business partners is employment at will. Thorofare Capital, Inc. is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to all employees and applicants without regard to race, religion, color, sex, gender identity, sexual orientation, national origin, ancestry, citizenship status, uniform service member status, marital status, pregnancy, age, protected medical condition, disability, or any other protected status in accordance with all applicable federal, state and local laws.
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Thorofare Capital (www.thorofarecapital.com) is a national, vertically integrated commercial real estate debt manager. The Los Angeles-based firm, with additional offices in New York City, Miami, and Dallas, focuses on $15 million to $100 million financing transactions, targeting value‑add and opportunistic acquisitions, recapitalizations, and distressed debt secured by transitional properties. With a national presence, Thorofare has originated more than $5.6 billion since the firm’s inception in 2010, across more than 13 property types throughout 33 states. Thorofare is an affiliate of Callodine Group, an asset management platform with approximately $20 billion in AUM. Job Description
Location: Miami, FL Thorofare Capital seeks to hire a Director of Asset Management for its commercial real estate credit investment platform at the firm’s Miami, FL office. The Director of Asset Management will play a central role in managing and overseeing loan assets originated by the firm’s Origination Team. This position is responsible for driving portfolio performance and ensuring disciplined execution across assets. The role requires a motivated and well‑rounded individual who can operate effectively within a fast‑paced, team‑oriented environment. In addition to internal coordination, the position will include regular interaction with and oversight of a third‑party primary loan servicer. Key Responsibilities
Work with the Asset Management Team to proactively manage, provide surveillance reporting, track progress and service a $1.4 billion UPB portfolio of commercial real estate loans. Obtain and review periodic financial statements, rent rolls and other reports from borrowers and property managers. Monitor and track property‑specific loan covenants such as impound draws and disbursements, mandatory pay‑downs, collateral requirements, credit analysis, etc. Prepare disbursement packages for ground‑up construction, renovation and tenant improvement draws for approval by the Managing Director of Asset Management. Obtain and review inspection reports from construction project monitoring firms. Analyze proposed leases for compliance with minimum leasing criteria, including an analysis of the tenant’s financial condition and business plan. Prepare variance analysis at the property level. Prepare periodic (quarterly/annual) asset review reports. Model full life cycle financial analysis for each asset from acquisition through disposition. Manage and coordinate post‑funding activities and the onboarding of each loan. Monitor portfolio performance, including tracking property performance against the business plan, compliance with loan documents, collateral exceptions, etc. Monitor and ensure property tax and insurance requirement compliance. Periodic travel to properties as needed to inspect assets. Stay informed of financial and market trends that could affect the portfolio. Qualifications
Bachelor’s degree in accounting, finance, economics, or related field with a history of excellent academic performance. 5‑7+ years of real estate debt or equity asset management experience. Experience with and knowledge of commercial real estate investments, compliance, and analytics. Excellent attention to detail and the ability to prepare and present accurate and timely reports to management. Ability to think quickly, work effectively, and manage multiple projects in a fast‑paced environment. Strong negotiation, writing, editing, and correspondence skills; ability to write clearly and concisely for clients, prospective clients, and business partners. Strong oral communication skills, both in‑person and on the phone. Strong organizational skills and extreme detail orientation; ability to track and manage complex processes with numerous stakeholders and to develop or enhance new processes when necessary. Enjoys and works well in a team environment. Workout experience is a plus. Self‑starter and capable of managing personal time effectively. Ability to handle a breadth of responsibilities while maintaining accuracy and a detail‑oriented focus. Proficiency with MS Office. Employment at Thorofare Capital, Inc., its subsidiaries, or strategic business partners is employment at will. Thorofare Capital, Inc. is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to all employees and applicants without regard to race, religion, color, sex, gender identity, sexual orientation, national origin, ancestry, citizenship status, uniform service member status, marital status, pregnancy, age, protected medical condition, disability, or any other protected status in accordance with all applicable federal, state and local laws.
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