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

3/12/03: The unemployment rate jumped from 5.7% in January to 5.9% in February, according to the US Labor Department. This is due to an additional 138,777 jobs cut from payrolls in the last month. The main question during this type of bloodletting is whether these cuts are being made for restructuring purposes with a view to the future or as a panic reaction to the current economic crisis with no thought to downstream repercussions. The labor market is unstable at best. And whenever there is uncertainty--and there is so much uncertainty regarding the economy--it's the human equation that always takes the brunt of cost cutting. At some point, the brakes need to be put on these layoffs or there will be no infrastructure left to conduct business when the economy does recover. In other words, as the economy does recover, which it will do, the short-term benefits of layoffs will most likely be outweighed by long-term needs for top-level talent. Don't get caught short.

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Clarke

CUSHMAN & WAKEFIELD
(NEW YORK CITY) Celine Clarke has been named senior managing director of corporate communications. In this position she leads the division responsible for the management, positioning and extension of the brand globally. Clarke, who joined the firm's corporate communications department in 1984, was previously managing director.

Lindman

INSIGNIA/ESG
(NEW YORK CITY) Linda E. Lindman is promoted to the post of general counsel. She will oversee the company's legal operations nationwide and centralize all legal functions. Lindman will continue to be based in Insignia's Midtown offices. She was previously with the law firm Sonnenschein Nath & Rosenthal for 11 years.

Macoicz

CUSHMAN & WAKEFIELD
(CHICAGO) Sally Macoicz has been named a senior director in the firm's Industrial/Technology Services Group, while Peter Block is also promoted to a senior director position and will co-manage a team of real estate professionals serving the needs of clients including Grant Thornton, UBS Paine Webber, DRW Holdings and Pearson Publishing.

Goodman

BOMA
(LOS ANGELES) Michael S. Goodman has been added to the staff of The Building Owners and Managers Association of Greater Los Angeles. Goodman, a California-licensed real estate broker, brings more than 18 years of commercial real estate experience to BOMA. He was recently with the CoStar Group.

Spicer

ROCKWOOD REALTY ASSOC. LLC
(NEW YORK CITY) The company names Jason Spicer vice president, director of research. He will be responsible for managing the firm's research department, providing property, market and investor related research in support of Rockwood's three business lines: transactional services, advisory services and investment management.

EQUINOX PARNTERS

VP of Acquisitions

NEW YORK CITY

 Responsible for sourcing, underwriting, negotiating and closing real estate equity investments including single asset and entity level acquisitions. Minimum requirements are eight years of relevant experience including at least five years in sourcing, evaluating and closing institutional real estate investments.

For more information, click here.

PACIFIC PROPERTY CO.

Acquisitions Analyst

LOS ANGELES

Primary responsibility is the financial analysis and underwriting of prospective multifamily property acquisitions. Position reports directly to the regional managing director, Southern California. BA or equivalent required; MBA preferred.For more information, click here.

FREDDIE MAC

Underwriting Manager

MCLEAN, VA

 Manage compliance with and understanding of multifamily credit policy; perpetuate the multifamily division's credit vision; review and analyze credit risk of transactions underwritten in two of the four multifamily regions; make recommendations to director and multifamily senior management.

For more information, click here.

AMLI RESIDENTIAL

Community Manager

DENVER, CO

 Seeking an energetic, motivated and experienced property manager. Primary responsibilities include staff development; business development; marketing and sales; customer service and supervising the maintenance of the asset. Position requires two years experience as manager for 500-plus units.

For more information, click here.

AIMCO CAPITAL INC.

Asset Manager

LOS ANGELES

Ensure that properties owned or asset managed by AIMCO are soundly managed and their values preserved. Conduct annual review; reconciliation and approval of budgets; review and approve audited financial statements; tax returns and K-1's. Five years experience in asset management of low income/subsidized multifamily housing required. 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 unsubscribe click here. 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.

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