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

4/23/03: Have you thought about where we are in the business cycle? Have you thought about the next step in your strategic plan? The latest edition of Ernst & Young / Macroeconomic Advisers’ Business Economic Update poses an interesting dilemma. It reports that, “US businesses that have postponed or cancelled strategic decisions and investments over the past many months because of heightened uncertainty regarding the broad consequences of the war in Iraq, should take another look at those plans. Confidence is rising and economic activity may soon pick up. Businesses can often capture market share and boost profits by beating the competition in introducing new products, adopting new processes and innovating across the board.” What this is telling us is that there is opportunity arising from both an expanding tenant base as well as new business creation. If you think the time is right then this is the time to take advantage of the wave that is coming.

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INT’L COUNCIL OF SHOPPING CENTERS (NEW YORK CITY) The ICSC names Peter Eisenberg of Chicago-based Lake Shore Development Corp., and Andrew Stein of Wheeling, IL-based Joseph Freed & Associates LLC to a new advisory group, aimed at providing retail real estate professionals with less than five years of industry experience access to ICSC. Both are also co-chairs of this 13-member advisory program, titled “Next Generation.”

Arbury

NMHC/NAA (WASHINGTON, DC) The National Multi Housing Council/National Apartment Assoc. (NMHC/NAA) joint legislative program names James Arbury SVP of Government Affairs. He will oversee planning and implementing the organizations’ federal legislative and regulatory strategy. For the past decade, Arbury has served as NMHC/NAA’s VP of tax and telecommunications.

Eisenkraft

INSIGNIA/ESG (NEW YORK CITY) Stuart Eisenkraft is promoted to executive managing director, and will oversee structuring real estate requirements for corporate offices, both domestically and internationally. He has previosly represented numerous law firms including Clifford Chance, Proskauer Rose, Kaye Scholar and Owen & Davis.

Poe

EPT MANAGEMENT CO. (NEW YORK CITY) Thomas Poe is named VP of finance, where he will oversee procedures and operations of the accounting division. He previously served as VP of SCG, directing all internal audit functions including the annual risk assessment process in compliance with corporate governance for annual audit plans.

Margulies

GEORGIA MALONE & CO. (NEW YORK CITY) Dan Margulies, former executive director of CHIP, is appointed SVP of this firm. New responsibilities include identifying and acquiring apartment portfolios in NY and future business development for the region. Margulies previously administered the lobbying and PR activities of CHIP.

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