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Executive Watch

Jonathan…

By noHead | Updated on February 26, 2003

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

2/19/03: Well, the CBRE/Insignia merger is official, due to close this June. There was some interesting feedback regarding last week’s Perspective concerning the human resources impact of the acquisition. The main question is the one of redundancy. CB Richard Ellis, as the merged company is to be called, expects to save up to $50 million per year by combining the two companies. One of the ways to save money is by eliminating overlapping management. This means one thing…many people are about to lose their jobs. And another group of professionals are–no doubt–seeking or about to seek new options at competing firms or thinking about starting their own. Get ready for wholesale movement in the services sector.

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Conway

WALTER P. MOORE (HOUSTON, TX) Mark C. Conway has been named a principal of the firm. Located in the Houston office, he is managing director of Intelligent Transportation Systems for Walter P. Moore. He has over 16 years of ITS engineering experience, including research, planning, design, project management, implementation, operations and maintenance.
Davis

COLLATERAL MORTGAGE CAPITAL LLC (BIRMINGHAM, AL) John Davis has joined the firm as executive managing director. Davis will be overseeing all production offices and will be operating out of Minneapolis. Patrick K. Dempsey and Jim Cope have joined the firm as managing directors and partners with the firm, and will manage a team of nine in the Milwaukee branch production office.
Owens

HENRY S. MILLER (DALLAS) Brett Owens has been promoted from associate to assistant vice president of the office/industrial division. Owens represents both tenants and landlords, and focuses his efforts on the Dallas/Fort Worth International Airport and Great Southwest Industrial Park markets.
Grove

KOLL DEVELOPMENT CO. (DALLAS) Tobin C. Grove succeeds Steve Van Amburgh as division president. Grove, a 10-year veteran of the firm, will continue to coordinate and be responsible for all operational aspects of development including acquisitions, project financing, financial analysis and the leasing and sale of development projects, while managing the company’s administrative operations.
Kelley

BINSWANGER/CBB (PHILADELPHIA) The firm has appointed Patrick Kelley as president, of its commercial sales and leasing division for the Mid-Atlantic region, where he will grow the organization’s business and client base in downtown Philadelphia and the suburbs. Kelley perviously served as director for the Brokerage Services Group at Cushman & Wakefield.

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.

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