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

11/12/03:There was some heartening news on the employment front last week. It appears that there was actually a net growth in jobs for the last three months, with 126,000 positions created in October alone. This is a welcome development and a step in the right direction--and not too soon. However, there is so much more to go. Economists from both sides of the aisle cede that in order to have more than a jobless recovery, we need to have job growth in the range of no less than 150,000 jobs per month. And this is far fewer than Treasury Secretary Snow's minimum of 200,000 per month for next year. Also keep in mind that many of the jobs created, or filled, are at a lower wage than previously held. Yes, things are not looking so dark at the moment, but let's just keep our focus on the number-one priority, real sustainable job growth.

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ARCHON FINANCIAL
(DALLAS) Following a promotion, James Abbee is a vice president of originations at Archon. Abbee will oversee the growth of loan origination in the West, working in the company's Dallas office. He has been at Archon since the firm was founded in 1997.

COLLATERAL MORTGAGE CAPITAL LLC
(ATLANTA) Scott A. Kavel has been promoted to director of seniors housing, in which he will expand Collateral's seniors-housing origination operations. Kavel will also run the firm's Duluth , GA office. He has arranged more than $2 billion in seniors-housing transactions in 40 states.

DOUGLAS ELLIMAN
(NEW YORK CITY) Erica Ress has come on board as a sales agent specializing in high-end co-op properties. Ress was the former chief marketing officer and in-house counsel at Adventure Leisure Properties. She has also served as a senior vice president at ABPnews.com and a consultant for Grey Advertising.

CUSHMAN & WAKEFIELD
(CHICAGO) Former Grubb & Ellis broker Paul Sheridan has joined Cushman & Wakefield as a senior director, working in its suburban Rosemont , IL facility. Sheridan most recently closed a 100,000-sf lease for IBM and a 107,000-sf deal for Banco Popular's corporate relocation.

THE APARTMENT GROUP
(DALLAS) The Apartment Group has hired Mick J. Rossley and John A. McGannon as broker associates in its Dallas/Ft. Worth and Austin , TX offices, respectively. Rossley was most recently an apartment-sales specialist at Eastdil Co. in Dallas . McGannon comes from Cushman & Wakefield's Atlanta office, where he was a broker specializing in seller representation of apartment products.

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MOODY'S INVESTORS SERVICE

Associate Analyst

(NEW YORK)

For more information, click here.

Ideal candidate will have extensive experience analyzing commercial mortgage-backed securities. He or she will use these skills to assign credit ratings to transactions involving all asset classes, markets and structures. This position also requires monitoring the performance of previously rated transactions and writing articles for research clients. Postulant should have strong report- and research-writing skills.

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THE CARLTON GROUP

Loan Sale Co-Director

(NEW YORK)

For more information, click here.

Applicant must use his or her proven track record to co-lead the loan advisory group, which requires overseeing the origination, pricing, acquisition and disposition of large loan portfolios. The ideal candidate will possess a strong network of established contacts in the performing, sub-performing and non-performing prime and sub-prime residential and commercial mortgage industry. Candidate must also have a heavy transaction background.

AMERICAN REALTY ADVISORS

Director of Due Diligence

(CALIFORNIA)

For more information, click here.

Applicant must be able to perform all aspects of due diligence investigation related to the closing of potential investment-grade acquisitions. The successful candidate will oversee financial, economic, political, physical, market, leasing and structural due diligence. This position also requires preparation of lease abstracts and management of investment committee presentations and acquisition summaries.

CRESCENT REAL ESTATE EQUITIES

Budgeting & Planning Analyst

(TEXAS)

For more information, click here.

Successful applicant must prepare and analyze an array of products, such as upside/downside earnings, quarterly earnings guidance summaries, net-asset value calculations, sources and uses of cash reconciliation, property asset scorecards and investment returns. This position also requires reconciling projections to debt compliance certificates; performing special projects such as trend analysis, rating-agency models and capital restructure scenarios; and preparing quarterly internal management reports .

AMERIVEST

Regional Manager

(COLORADO)

For more information, click here.

In a position reporting to this firm's director of operations, the successful candidate will interact with the corporate headquarters staff to manage tenant relations, leasing, capital redevelopment efforts, tenant finish, acquisitions and other issues. Candidates must have previously managed multiple buildings and employees in the above areas, as well as external vendor relationships such as those with architects, general contractors, brokers and maintenance support services.

To receive the weekly Executive Postings email, register for our free daily NewsBlast in the upper righthand corner of this page. To unsubscribe click here. To post executive news, email a photo (JPEG) and brief employee biography to our site manager. This section of the page is updated daily. To announce an opening please click on Post-A-Job. Past issues of this newsletter can be found here.

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