Search
 

Executive Watch

Jonathan…

By noHead | Updated on February 18, 2003

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

2/12/03: One of the biggest stories to emerge this year is the proposed merger between CBRE and Insignia. If this merger does go through, there are many issues that will have to be tackled, the first being the potential exodus of unhappy dealmakers. This whole business is based on relationships, but how is that valued? Secondly, there is a definite cultural difference between the two companies. This is where human-capital experts and consultants will really earn their keep. Finding a way to integrate these two large companies will not be an easy task. To paraphrase Neil Simon from his play the Odd Couple, “Can two large firms form a company without driving each other crazy?” Will the marriage throw still more top-level broker names into the recession-based game of musical chairs? And what about the boutique-factor? As I mentioned in this column a few weeks ago, this may be the time for entrepreneurs to step up and create their own businesses. At the end of the day, how much one company pays for another is only the first question in the ordeal of consolidation.

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 (JPEG) 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.
 

GRUBB & ELLIS (NEW YORK CITY) John Sisson has joined the firm’s Consulting Group as manager of its global site selection practice. He will be based in Grubb & Ellis’ Greenville, SC office, and will be responsible for directing industrial and distribution client projects as well as economic development assignments.
Hollander

THE CLARETT GROUP (NEW YORK CITY) Daniel Hollander has been appointed vice president. He was previously associate. Hollander focuses on finance, new business development and project development, and has 14 years experience in real estate development in both the public and private sectors.
 

CB RICHARD ELLIS INC. (PHOENIX, AZ) Darren Pitts and John Glassmoyer have been promoted to first vice president. Pitts, who has been with the Phoenix office of CBRE since 1995, has completed sale and lease transactions totaling more than $545 million over the last seven years. Glassmoyer rejoined CB Richard Ellis in 1993 and has negotiated more than $250 million single-tenant transactions in the past two years.
Schnur

PW FUNDING (MINEOLA, NY) Following the retirement of president T. Michael Forney, the leadership of PWF has been transferred to William T. Hyman and Kelly Schnur, both managing directors of PW Funding, under the overall direction of Stuart J. Boesky, CEO of CharterMac and PWF’s board chairman, and Raymond J. Reisert, Jr., PW Funding’s CEO.
Nachman

HALL FINANCIAL GROUP (FRISCO, TX) David Nachman has joined the company’s real estate structured finance team as asset manager and financial analyst. He will monitor and analyze Hall Financial’s portfolio of mortgage loans, mezzanine financings and equity investments.

AEW CAPITAL MGMT.

Vice President of Acquisitions

Los Angeles

 Originate multifamily transactions appropriate for Direct Investment Group institutional clients in Western U.S. Execute investment strategies in the context of individual market dynamics and develop investment strategies with AEW Research. 10 years of institutional real estate experience required.

For more information, click here.

JOSEPH FREED AND ASSOC.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.