3/24/04: 1979 redux? The 1970s brought a precipitous increase in oil prices amid instability in the M ideast and increased oil consumption at home. At the time, Fed chairman Paul Volker saw it within reason to raise rates continuously until inflation brought on by the oil shock was squelched. Fast-forward a quarter century. Gas prices are expected to hit record prices this summer, which can result only in higher prices on consumer goods and services. While Volker saw the need to take strong action during a presidential election year, the current chief is not so quick to react. It's no secret that rates will rise. Until then, be prepared to see an incredible surge in property transactions to time the market.

To receive the weekly Executive Postings email, register for our free daily NewsBlast in the upper righthand corner of this page. To post executive news, email a photo (JPEG) and brief employee biography to our <a href="mailto:[email protected]?subject=Executive Watch: Release and JPEG Enclosed">site manager. This section of the page is updated daily. To announce an opening please click on <a href="http://www.globest.com/jobs/Post-a-Job.html">Post-A- Job. Past issues of this newsletter can be found here.

WESTMINSTER COMMUNITIES
(FLORHAM PARK, NJ) Gabe Campos has been tapped as director of purchasing, rising from his previous position of purchasing manager. Campos joined the company in 2001.

MCHUGH CONSTRUCTION
(CHICAGO) The firm has just announced a number of staff changes. Michael Gould has been promoted to vice president, heavy construction and infrastructure operations, from project manager. Robert Mortimer has been bumped up from senior project manager to vice president of operations. Ralph Pound will assume responsibilities as vice president of risk management, stepping up from his previous role as director of risk management. And Sheila Donna Sheridan and Michael Whelan have been named chief estimators, both rising from senior project manager positions.

CASSIDY & PINKARD
(WASHINGTON, DC) New to the firm's capital markets group is senior vice president Michael W. Scott . Scott was previously president of ICap Inc., a government finance practice that will merge into Cassidy & Pinkard.

CUSHMAN & WAKEFIELD
(PHILADELPHIA) Jerome E. Kranzel has joined the firm's Philadelphia office as director in the financial services group. Kranzel was previously first vice president in CB Richard Ellis' investment properties group.

NEWMARK & CO. REAL ESTATE
(WASHINGTON, DC) M. Anthony Gould, Patrick Nalls and Aaron Katz have come on board as managing principals, all moving over from CB Richard Ellis. They plan to expand the firm's Washington DC office and establish a Northern Virginia presence.

ERNST & YOUNG

Audit Manager

(CALIFORNIA)

For more information, click here.

Successful candidate will develop and maintain relationships with clients, perform audit procedures and plan an audit strategy that complies with professional standards. He or she must be able to successfully delegate work and manage staff, which includes conducting performance reviews, developing individual employees, and using technology to continually learn, share knowledge and enhance service delivery.

CB RICHARD ELLIS

Financial Analyst

(TEXAS)

For more information, click here.

This professional must prepare cash flow and pricing models in order to evaluate, underwrite and market industrial real estate investments. He or she will also conduct other special financial and business studies. The successful applicant will possess a comprehensive knowledge of Argus and Excel, as well as knowledge of discount present-value analysis and other real estate-related financial analytic tools.

LOWE ENTERPRISES REAL ESTATE GROUP

Residential/Mixed-Use Development Manager

(WASHINGTON DC)

For more information, click here.

This position requires providing day-to-day project management for residential and mixed-use development in the Eastern region, which will include supporting business-development activities. The job specifically entails budget preparation, obtaining entitlements, managing due diligence and site feasibility, coordinating marketing and leasing activities and interacting with clients. A background in architecture, construction management or a related field is preferred.

PASADENA DILIGENCE SERVICES

Director of Due Diligence

(CALIFORNIA)

For more information, click here.

For a professional with a background in construction, environmental, legal, accounting and analytic issues, this position offers the ability to oversee the due diligence of potential acquisitions of investment-grade properties throughout the US . He or she will use excellent written and verbal communication skills to accomplish these tasks, while performing lease review and other specific tasks related to due diligence.

SELECT LEADERS

Development Associate

(NEW YORK)

For more information, click here.

Successful applicant in this entry-level position will have an opportunity to work on all aspects of development projects at this top-tier privately owned firm. Ideally, he or she will use an MBA, at least two years' work experience and exceptional financial analysis skills to execute these responsibilities. This position also requires an ability to multitask and work independently as well as successfully interact with a range of individuals, including consultants, clients and colleagues.

To receive 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. This section of the page is updated daily. To announce an opening please click on Post-A-Job. Past issues of this newsletter can be found here.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.