Jonathan A. Schein
President & CEO
Real Estate Media GlobeSt.com

12/19/02: According to the US Labor Dept., the unemployment rate has hit 6%. This is the highest rate in eight years. Conventional wisdom dictates that unemployment is a lagging indicator in predicting a turnaround in the economy. In other words, it's a hangover effect. Even though the economy is still in the clutches of a recession, new jobs are being created. Now this sounds great on paper, but what is the reality? The first measure in a growing economy is the rise in corporate profits, which leads to new job growth. However, as we have seen over time, the biggest driver in making profits grow starts with layoffs and attrition through early retirement packages, etc. It's truly a double-edged sword. If this economy is poised for recovery, then the unemployment rate, according to economists, should not grow by more than one or two tenths of a percentage point. Let's hope they're correct this time.

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Peck

LANDAMERICA FINANCIAL GROUP
(RICHMOND, VA) The transaction services provider hires Joel S. Peck as senior vice president and international commercial services transaction manager. Peck will be responsible for establishing company presence as LandAmerica expands its operations abroad.

Wolf

JONES LANG LASALLE
(SAN FRANCISCO) Doug Wolf assumes a vice president role in charge of the company's Western region, where he will spearhead the project and development of the Sun Microsystems account. Wolf was previously principal project manager of the Real Estate and Development group at Apple Computer Inc.

WELLS REAL ESTATE FUNDS
 (ATLANTA) The company has named Mark Preston investment officer--credit, Shak Presswala to the position of credit analyst, and Ginger Griffith to the role of investment officer--closing.

CITIGROUP INC.
(NEW YORK CITY) Deborah G. Adelman has been named president, Citibanking commercial real estate, Mike Walker is now chief operating officer of Citibanking commercial real estate and Tom Lawyer has been named executive vice president, responsible for Cal Fed's commercial real estate Southern California division.

DRAPER & KRAMER
 (CHICAGO) John M. Black has been appointed senior vice president by Draper & Kramer Realty Advisors Inc. to manage its new real estate advisory and investment management office in Washington, DC. Black was formerly with MHI Hotels in Greenbelt, MD.

Trump

INSIGNIA/ESG
(NEW YORK CITY) Fred C. Trump III has been promoted to executive director of the firm's Long Island operations, and will oversee the offices there and in Queens. The 17-year industry veteran was previously managing director of Insignia's Long Island operations.

TITLEDETAILSCONTACT

CFO/Controller

ARC DEVELOPMENT

New York, NY

 New York City and metropolitan-area development opportunities are the main focus, but the position will deal with opportunities as they arise. Real estate experience required.

For more information, click here.

Director, Financial Reporting

SELECTLEADERS

Washington, DC-Metro Area

Manage and oversee preparation of SEC filings, database and statistical information for all operating properties and properties under development, and analysis of property trends.For more information, click here.

Real Estate Mgr.

GREAT CLIPS

Minneapolis, MN

Seeking an aggressive, highly motivated and experienced candidate with three to five years of retail leasing or commercial experience to assist franchisees in the acquisition of high-quality locations. For more information, click here.

Property Controller

SELECTLEADERS

Washington, DC-Metro Area

Responsible for financial reporting and general ledger review for an assigned property. Candidates must have a minimum of 4-6 years experience in an accounting-related environment in real estate property managment, retail or REITs.
For more information, click here.

Senior Vice President, Business Development

EQUINOX PTNRS.

Chicago, IL

Responsible for expanding the company's property management and agency leasing activity by attracting new Midwest-based clients, developing and executing a sales strategy, and generally building the company's presence in the region.
For more information, click here.

Associate/Senior Associate

(CONFIDENTIAL)

Sacramento, CA

The associate will work on analyses related to real estate feasibility, redevelopment, public finance, fiscal and economic impacts, land use policy and economic development. The senior associate will be more experienced in these areas and in project management. For more information, click here.

To recieve the weekly Executive Postings email, register for our free daily NewsBlast in the upper righthand corner of this page.
To post executive news, email a photo and brief employee biography to our site manager Michael Gilliard. This section of the page is updated daily. To announce an opening please click on Post-A-Job.

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