1/14/04 :Jobs, jobs, jobs. The latest employment figures were obviously a disappointment to all of us who are waiting for the economic recovery to take hold. The idea that a country with more than 130 million payrolled positions produced only 1,000 new jobs in December is dumbfounding, especially in light of the great economic news coming from so many different sectors. Adding insult to injury, it seems that the only reason the unemployment rate dipped from 5.9% to 5.7% is because people have become disheartened and have stopped searching. What are the market forces telling us? First, Treasury Secretary John Snow's prediction that the economy will produce 200,000 new jobs per month during 2004 shows that he either knows something we don't or he'll be writing a book very soon. Second, it's imperative for us on a microeconomic level to get as creative as possible and start looking to new growth strategies that bring in new employees. Depending on the economists and the government for answers just won't cut it.

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CB RICHARD ELLIS
(LOS ANGELES) Vik Bangia has been promoted from director to managing director. Bangia started at the firm as account executive and has served on its global accounts team. He is also the regular writer of GlobeSt.com's Corporate Real Estate column.

BRENNAN BEER GORMAN/ARCHITECTS-BRENNAN BEER GORMAN/MONK INTERIORS
(NEW YORK CITY) Amy Jakubowski , John Lawrence , Nancy Mah and Holly Schulz have been promoted within the firm. Jakubowski has been made principal, in which she will continue close work with clients while taking on additional business development responsibilities. Lawrence, Mah and Schulz have been promoted to associates. Lawrence was most recently project manager, Mah was senior designer, and Schulz was director of technology.

GREEN PARK FINANCIAL
(BETHESDA , MD) Joelly M. Scherzer has been named vice president of marketing, a newly created position in which she will run all strategic marketing and branding activities. Scherzer has previously held marketing positions at TeleCorp PCS and Manugistics.

CARTER & BURGESS INC.
(FORT WORTH) Randall H. Stone has joined the firm as group manager in its Fort Worth retail and distribution division. Stone is a registered architect with a specialty in large retail/mixed-use projects. He was most recently vice president and co-office director in RTKL Associates Inc.'s Dallas office.

CB RICHARD ELLIS INC.
(FOSTER CITY , CA) New to the firm is Mike Barry , joining CBRE as a broker. Barry comes from Colliers International, where, over the last three years, he has held both the number-one and –two broker positions in its East Bay regional office.

FEDERAL HOME LOAN BANK OF NEW YORK

Commercial Real Estate & Appraisal Analyst

(NEW YORK)

For more information, click here.

Successful candidate will perform all functions related to customer collateral risk assessment, on-site review, property inspection and the due diligence process of commercial, multifamily, combination farm and combination business mortgage collateral. This position also requires performing analysis and valuation of data regarding pledged mortgages.

MCSHANE CORP.

Vice President, Development

(ILLINOIS)

For more information, click here.

This position requires responsibility for a range of development tasks, including carrying a project from inception stage to completion and sale. The job demands an extensive knowledge of core markets, including industrial, office and multifamily. Specifically, the successful candidate will secure business opportunities, identify development projects, and analyze their feasibility.

AIMCO

Vice President of Transactions

(COLORADO)

For more information, click here.

The successful candidate filling this position will work with the company's chief investment officer on all investment-related activities, including acquisition of limited partnership interests, reinvestment decisions, underwriting and portfolio management.

RAM REALTY SERVICES

Vice President, Development - Multifamily

(FLORIDA)

For more information, click here.


In this role, the appropriate candidate will manage local properties in the Chicago area. He or she must direct ownership administration and supervision over properties in which AIMCO has a financial or contractual interest, as well as oversee annual review, reconciliation and approval of budgets, audited financial statements, tax returns and other documents.

THE CORKY MCMILLAN COS.

Project Finance Manager

(CALIFORNIA)

For more information, click here.

This job requires the management of feasibility, analysis and business plans for a variety of projects, including maintenance of project-level business plans, implementation of cash flows and interaction with management lender and investors. The project finance manager will also assist with the creation of feasibility business plans and work with the accounting department on business plans.

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