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Executive Watch

Jonathan…

By noHead | Updated on January 23, 2003

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

1/16/03: We received a considerable amount of feedback from last week’s perspective. The point was not that established firms are obsolete or out of touch. The point is that there is an evolutionary process in business. And those firms that are able adjust to these times in the business cycle are those that will succeed. To further that point, in the same week the US Labor Department released its monthly report, stating that 101,000 individuals filed for unemployment benefits in December (the highest amount since 1992), GVA, an international commercial real estate firm, launched a practice group to serve the biotech industry. GVA decision-makers clearly see a lot of opportunity in biotech and have flagged it as a growth industry. Reducing payrolls is a very important, prudent measure in a recession and should never be underestimated. However, it’s even more important to find new paths of growth.

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Sweat

MACFARLAN REAL ESTATE (DALLAS, TX) Rick Sweat has joined the firm as senior controller. He is responsible for Macfarlan’s financial reporting, supervision of the accounting department, relationships with outside accountants and cash management. Sweat was previously a senior manager in Ernst & Young LLP’s E&Y Kenneth Leventhal Real Estate Group.
Egan

NATIONAL HOUSING CONFERENCE (WASHINGTON, DC) Conrad Egan is named executive director of NHC. He is also the former executive director of the bi-partisan, Congressionally-appointed Millennial Housing Commission. From 1997 to 2001, Egan served as director of policy for the NHC.
Lebenstein

TIME EQUITIES INC. (NEW YORK CITY) David M. Lebenstein is named Northeast regional vice president, responsible for SIOR chapters in New England, Connecticut, New York and Northern New Jersey. Lebenstein has been employed by Time Equities since 1986, where he has overseen more than 150 properties in excess of $450 million.
Gray

REAL ESTATE RESEARCH CORP. (RICHMOND, VA) Robert Gray has joined the firm as a principal and director of RERC’s Mid-Atlantic region operations. Gray will specialize in commercial real estate consulting, particularly portfolio risk analysis, underwriting services, and analysis process consulting. He has served as president of Robert Gray and Co. since 1990.
 

CB RICHARD ELLIS (ST. LOUIS, MO) Gary Johnson Jr. joins the company as an associate, specializing in industrial properties for the St. Louis office of the commercial real estate services company. Johnson is also an adjunct instructor at Lindenwood and Fontbonne Universities.

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