3/10/04: Former President Bill Clinton spoke today at the annual CB Richard Ellis New York Tri-State Region state-of-the-industry breakfast. One of the topics he covered was the outsourcing of jobs and the need for new domestic hiring. In his opinion, to be part of the global economy it is not unreasonable to think that certain jobs will move overseas. As a matter of fact, this has been happening for 50 years in one way or another. Clinton believes America is so flexible and has the ability to adjust to change that new jobs and industries will inevitably be created. The industry he mentioned that could bring a windfall of more than 400,000 new jobs is the field of energy, specifically, creating new sources of energy to supplement our use of oil in the coming decades. Though he made no secret of which side of the aisle he is on for the upcoming election, it was refreshing to hear this strand of optimism.

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COLDWELL BANKER COMMERCIAL
(PARSIPPANY, NJ) Jacklene Chesler has been named senior vice president, stepping up from vice president for marketing and operations. Chesler has been with the firm since 1998.

MARCUS HOTELS & RESORTS
(MILWAUKEE) Keith Halfmann has been promoted to the newly created position of director of project management. Halfmann will oversee development and renovation projects in the company's owned and third-party management portfolio. He joined the company in 1999.

STERLING AMERICAN PROPERTIES
(NEW YORK CITY) The firm has promoted Adam Sabella to vice president. Sabella joined Sterling in 1997. He will be responsible for sourcing, negotiating and underwriting the fund's acquisitions in 15 Midwest markets.

ADVANTAGE TITLE AGENCY
(HUNTINGTON , NY) Chad Cascadden has joined the firm as vice president of sales. Cascadden comes from LandStar Title, where he was vice president. He is also a former New York Jets linebacker in the National Football League.

THE STAUBACH CO.
(FORT WORTH , TX) George Duncan has been brought in as a broker and senior vice president, focusing on office-tenant representation services. Duncan was previously leasing manager at City Center Development Corp.

CB RICHARD ELLIS
(SAN FRANCISCO ; CHICAGO) Michael Barry has joined the firm's Oakland , CA office as senior vice president. Barry was most recently with Colliers International in Oakland . He specializes in industrial and flex/office properties. In the company's Chicago office, Chris Connelly has joined CB Richard Ellis as managing director. Connelly comes from Jones Lang LaSalle, where he was senior vice president and regional leasing director.

ARBOR COMMERCIAL MORTGAGE LLC

Portfolio Manager

(NEW YORK)

For more information, click here.

Successful applicant will monitor commercial real estate loans, including identifying risk, evaluating long-term viability and performance, and mitigating potential losses. He or she will rely on his or her knowledge of commercial property and underwriting principles. This position requires physical evaluation of properties, loan document review and interpretation and interface with investors relative to the negotiation and management of various loan issues.

PARAMOUNT FINANCIAL GROUP INC.

Commercial Real Estate Credit Manager

(OHIO)

For more information, click here.

In this role, the credit manager will oversee day-to-day operations of the credit analysis staff, which requires providing training, leadership and supervision. Responsibilities will include acting as a liaison with customers and other corporate divisions while making recommendations regarding policies and procedures, completing credit analyses and participating as a voting member of the firm's credit committee.

CHARTERMAC

Senior Associate (Capital Markets)

(NEW YORK)

For more information, click here.

This position requires using strong quantitative skills and an understanding of financial and real estate concepts to perform extensive financial modeling, interact with various equity and debt capital providers and evaluate various financing programs and their potential effects on the balance sheet. This professional will also track collateral and help draft and review legal documents.

HARBOR GROUP INTERNATIONAL

Commercial Asset Manager

(VIRGINIA)

For more information, click here.

The appropriate candidate for this position is an experienced asset manager who can manage full financial responsibility for a multi-state office portfolio, which includes developing relationships with the brokerage community, implementing strategic operations, participating in budget and management planning and reviewing financial performance. He or she must also handle leasing and tax appeal issues and maintain regulatory and lender compliance.

NORRIS, BEGGS & SIMPSON

Commercial Mortgage Bankers

(WASHINGTON)

For more information, click here.

Successful applicant will use his or her background in insurance company lending, conduit and/or Fannie Mae programs to engage in commercial real estate lending, origination, underwriting and negotiation. He or she should possess excellent written and verbal communication skills as well as the ability to organize and prioritize tasks for a large investor and lender base.

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