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Tony LoPintoOf Equinox Partners

The demand for top talent outstrips the supply today.

By Melissa Kress | Updated on November 04, 2005

The concept of supply and demand is a main principle of any economy and industry; however, you don’t have to tell that to Tony LoPinto, CEO of Equinox Partners. In the past 12 months, the executive-search firm has seen unprecedented growth–completing 33 searches for executives and senior-level professionals since January. And the firm now has approximately 24 active searches in the works. The expansion of the real estate industry specifically, and the economy has a whole, coupled with a scarcity of talent in the marketplace, makes it a “good time to be a professional in demand,” LoPinto tells GlobeSt.com.

GlobeSt.com: What is the state of the real estate job market today?

LoPinto: There’s an extraordinary amount of demand, generally, across all real estate sectors–industrial, multifamily, retail, office, service companies. Everyone is in the midst of a hiring process at one level or another. It pretty much goes from top down to mid-level professionals. As many call it, it’s frothy. Over the course of the past 18 months, the market has been at this level and, frankly, most people are forecasting that it’s going to stay the course and continue to be a hot market with a lot of demand.

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