Jonathan A. Schein
President & CEO
Real Estate Media
GlobeSt.com
12/10/03: As the Dow Jones Industrial Average hovers around the 10,000 mark, there is much to rejoice about concerning the rebounding economy. Or is there? An interesting anomaly about this particular bellwether is that the price of gold is also at an eight-year high. Typically, either equities move up or traditional safe havens--such as gold or real estate--move to higher pricing levels. Just as real estate gained new credibility as an alternative form of investment during the now-receding recession, so it is considered a safe investment during inflationary periods as well. Of course, inflation will have a direct impact on both the recovery and the stock market's lofty highs as well. So, let's not get too enthused about the appearance of this apparently great gift of the DJIA's recovery. That, after all, was the initial reaction to the Trojan horse.
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HINES
(CHICAGO) The firm has bumped up Greg Van Schaack to senior vice president from vice president. Van Schaack, who joined Hines in 1985, originates developments in the Chicago area. He is currently leading the team that's developing a 40-story Central Loop office tower called One South Dearborn, scheduled for completion in 2005.

INTERSTATE HOTELS & RESORTS INC.
(ARLINGTON , VA) Mark Purcell and Melissa Thompson have been promoted to vice president, acquisitions and development and vice president, corporate communications, respectively. Purcell, who was most recently director of business development, has with Interstate since 1988. Thompson, joined Interstate's predecessor company, MeriStar Hotels & Resorts, in 1998, where she was most recently director of corporate communications.

BINSWANGER/CBB
(TOLEDO , OH) Darrell Bossert has become part of the firm's Midwest team as an assistant vice president. He will handle operations in Michigan and Ohio . Bossert comes from Schaeffer Manufacturing Inc., where he was a sales representative.

SONNENBLICK-GOLDMAN CO .
(NEW YORK CITY) This real estate investment bank has tapped Richard Swartz as a principal and managing director. Swartz was most recently a senior managing director at APC Realty Advisors. In his new role, he will be responsible for arranging debt and equity financing and investment sales

ROBERT K. FUTTERMAN & ASSOCIATES LLP
(NEW YORK CITY) Nevin Danziger has joined the firm as a senior director. Danziger will conduct retail leasing and investment sales. He was most recently president of Danziger Real Estate Co.

KINGSLEY ASSOCIATES

Database and Client Reporting Manager

(GEORGIA)

For more information, click here.

Kingsley Associates is seeking a specialist to assist the firm in generating client reports and maintaining its industry-leading and proprietary-benchmarking database. Candidates should have at least two years of database and reporting experience (e.g., SQL, Oracle, Crystal Reports) in a vigorous academic or business-oriented setting. This role involves systems monitoring, maintenance and development of solutions designed to deliver value to clients. In addition, the position requires mining the database and delivering insights in the form of case studies and/or other research materials. The role requires strong project management capabilities, powerful quantitative and analytical skills, intense attention to detail, big-picture/strategic thinking and creativity.

PRINCIPAL GLOBAL INVESTORS

Portfolio Manager – Real Estate

(IOWA)

For more information, click here.

Successful candidate will be able to create, develop and direct portfolio strategies to maximize equity real estate portfolios' performance. He or she must possess extensive commercial real estate or related experience, with a strong background in finance, mathematics, economics, business or real estate. Necessary skills include technical and judicious review and approval of investment and leasing opportunities and transactions, the ability to develop and manage staff and the ability to manage large and complex issues.

EQUITY ONE

Marketing/Corporate Communications

(FLORIDA)

For more information, click here.

Successful applicant will develop and execute marketing plans, which includes managing the transition from plan through implementation. He or she will also manage advertising, public relations, direct marketing, collateral materials, trade shows and conferences. This position requires contributing to the company's overall strategic marketing initiatives.

ARCHSTONE-SMITH

Market Research Analyst

(COLORADO)

For more information, click here.

This position requires monitoring, tracking, processing and analyzing US, regional and local economies, including its business/industry dynamics and trends. The market research analyst will then help build and maintain an internal research portal, which will include data analysis tools to help conduct economic and demographic evaluation. This job also requires developing and updating market information databases and disseminating information about specific markets and submarkets to key internal clients.

AIMCO

Asset Manager

(CALIFORNIA)

For more information, click here.

This position requires coordinating and directing citywide redevelopment plans while conducting community planning and marketing redevelopment opportunities to the private sector. The successful candidate will perform all of these tasks using professional staff and consulting resources.

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