Last week IBM announced that it is eliminating employees' ability to work remotely, and indicated that if they did not move back to mother headquarters they could expect a pink slip and should work elsewhere. This move by IBM is in stark contrast to the era of the remote workplace, and for those who do trek to the office, most companies have moved to open floor plan, arguing that it is more efficient and employees are more apt to collaborate.

Well that paradigm is also under siege. In today's Wall Street Journal there was an article indicating that open floor plans are not working out so well for the boss, or for that matter, his or her employees. Having the boss sitting next to you is often distracting and intimidating, and for the boss it is noisy and precludes quiet time and the ability to think. Most bosses want and need their space, so many stuck with the open floor plan are constructing “man caves” providing the ability to withdraw from the proletariat and get some work done.

So much for egalitarian ways.

Job Listings

TRION REAL ESTATE
Acquisition Manager (Residential Multifamily Investments
(YONKERS, NEW YORK, NY) Duties include: finding, underwriting, negotiating and securing multifamily investments; presenting potential investments to management/ownership; and underwriting and acquiring multifamily NYC rent stabilized and fair market apartments.

CROSS STREET PARTNERS
Vice President of Real Estate Management
(BALTIMORE, MD) Duties include: creating strategic plan for each asset under management; coordinating efforts of the other team members, including property management, construction, development, engineering, and marketing; and overseeing performance of the asset.

MACERICH
AVP, Business Analytics and Reporting
(SANTA MONICA, CA) Focus will be to aggregate, analyze and report over key business metrics to select members of senior and executive management with a monthly executive summary. Summary will initially report on sales and traffic metrics, but the scope of the analysis and monthly reporting will expand to cover other critical business metrics and fundamentals.

GOLDMAN SACHS
VP of Acquisitions and Asset Management
(IRVING, TX) VP will be responsible for analyzing new investments, including: working closely with analysts and deal team to perform “pre-screen” underwriting and deal structuring; leading due diligence and underwriting once investments are under letter of intent; working with third party service providers including operating partners, and property management companies.

BOSTON FINANCIAL INVESTMENT MANAGEMENT
Account Manager
(BOSTON, MA) Duties include: taking deals through the acquisitions and investor placement process from proposal letter through due diligence to closing with both the developer and investor, while establishing and maintaining high standards of deal quality, integrity and structure. The Account Manager will maintain and enhance client relationships with developers, investors and investor advisors.

STANFORD UNIVERSITY
Campus Facilities Director
(PALO ALTO, CA) Director will be responsible for the leadership and implementation of strategic and tactical management of SRWC, including but not limited to management of the following areas: oversight of facilities and property management personnel; budget, accounting and reporting; fitness center: food services; conference rooms; operations & maintenance; energy and sustainability; waste; technology infrastructure; transportation and parking; events and community programs; security; emergency plans.

AEW CAPITAL MANAGEMENT
Asset Management Analyst
(LOS ANGELES, CA) Analyst will support Asset Manager in the Direct Investment Group on assets through data collection, cash flow modeling, competitive analysis, research analysis and annual business plan and budget preparations; prepare quarterly cash flow projections; and share accountability for budgeted results and supports the budget versus actual analysis.

Last week IBM announced that it is eliminating employees' ability to work remotely, and indicated that if they did not move back to mother headquarters they could expect a pink slip and should work elsewhere. This move by IBM is in stark contrast to the era of the remote workplace, and for those who do trek to the office, most companies have moved to open floor plan, arguing that it is more efficient and employees are more apt to collaborate.

Well that paradigm is also under siege. In today's Wall Street Journal there was an article indicating that open floor plans are not working out so well for the boss, or for that matter, his or her employees. Having the boss sitting next to you is often distracting and intimidating, and for the boss it is noisy and precludes quiet time and the ability to think. Most bosses want and need their space, so many stuck with the open floor plan are constructing “man caves” providing the ability to withdraw from the proletariat and get some work done.

So much for egalitarian ways.

Job Listings

TRION REAL ESTATE
Acquisition Manager (Residential Multifamily Investments
(YONKERS, NEW YORK, NY) Duties include: finding, underwriting, negotiating and securing multifamily investments; presenting potential investments to management/ownership; and underwriting and acquiring multifamily NYC rent stabilized and fair market apartments.

CROSS STREET PARTNERS
Vice President of Real Estate Management
(BALTIMORE, MD) Duties include: creating strategic plan for each asset under management; coordinating efforts of the other team members, including property management, construction, development, engineering, and marketing; and overseeing performance of the asset.

MACERICH
AVP, Business Analytics and Reporting
(SANTA MONICA, CA) Focus will be to aggregate, analyze and report over key business metrics to select members of senior and executive management with a monthly executive summary. Summary will initially report on sales and traffic metrics, but the scope of the analysis and monthly reporting will expand to cover other critical business metrics and fundamentals.

GOLDMAN SACHS
VP of Acquisitions and Asset Management
(IRVING, TX) VP will be responsible for analyzing new investments, including: working closely with analysts and deal team to perform “pre-screen” underwriting and deal structuring; leading due diligence and underwriting once investments are under letter of intent; working with third party service providers including operating partners, and property management companies.

BOSTON FINANCIAL INVESTMENT MANAGEMENT
Account Manager
(BOSTON, MA) Duties include: taking deals through the acquisitions and investor placement process from proposal letter through due diligence to closing with both the developer and investor, while establishing and maintaining high standards of deal quality, integrity and structure. The Account Manager will maintain and enhance client relationships with developers, investors and investor advisors.

STANFORD UNIVERSITY
Campus Facilities Director
(PALO ALTO, CA) Director will be responsible for the leadership and implementation of strategic and tactical management of SRWC, including but not limited to management of the following areas: oversight of facilities and property management personnel; budget, accounting and reporting; fitness center: food services; conference rooms; operations & maintenance; energy and sustainability; waste; technology infrastructure; transportation and parking; events and community programs; security; emergency plans.

AEW CAPITAL MANAGEMENT
Asset Management Analyst
(LOS ANGELES, CA) Analyst will support Asset Manager in the Direct Investment Group on assets through data collection, cash flow modeling, competitive analysis, research analysis and annual business plan and budget preparations; prepare quarterly cash flow projections; and share accountability for budgeted results and supports the budget versus actual analysis.

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Anthony J. LoPinto

Tony LoPinto is the Global Sector Leader of Korn Ferry’s Real Estate Practice and founder of SelectLeaders. For the past 18 years LoPinto has been serving his clients with deep knowledge and perspective on talent needs and organizational challenges to public and private companies – knowledge gained from a 25-year career in real estate. Prior to his current position, he founded and served as chief executive officer of a boutique real estate executive search firm, where he oversaw offices in New York, Chicago, Washington, DC, San Francisco and Los Angeles. He has successfully led several high profile search engagements for chief executive officers, directors and a wide-range of executive level positions across all industries and sectors. He earned a Bachelor of Arts degree in European history from Loyola University in Chicago.

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