'Confidence among decision makers remains strong.'
By
Anthony J. LoPinto
|
Updated on November 28, 2006
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Perspective
The University of Michigan’s Conference Board reported this week that its measure of consumer confidence slipped slightly from the previous month, but remained near a 15-month high. The study also indicated that, for the first time in more than a year, more consumers said the economy had improved rather than worsened. The report caught my attention because it reinforced what we have observed on the recruiting front. Hiring activity has remained active across the board, implying that confidence among decision makers remains strong. Every sector is active, and, of particular interest, is the launch of searches this quarter for transactional professionals (acquisitions, development and leasing), signaling continued expansion in ’07. Activity is not only strong at the senior ranks but, as indicated by job postings over the past six months, the appetite for mid-level talent is also robust. Notwithstanding this apparently strong hiring trend, most executives are “cautiously” optimistic, so it will be interesting to see how this plays out as we enter the New Year.
Tony LoPinto is CEO of Equinox Partners, an executive search firm specializing in the real estate industry, and parent company of SelectLeaders.The views expressed in this article are the author’s own.
Job Opportunities
HARSCH INVESTMENTS (LAS VEGAS) Senior Vice President The person hired will supervise all areas related to operations, leasing, development and marketing. The candidate should have a minimum of 10 years experience in property management and leasing of commercial real estate (industrial and office), acquisition and development of commercial properties, supervision and management of staff. JBM REALTY ADVISORS (TAMPA, FL) Marketing Director The position will work with a marketing director and graphic designer to create materials for large institutional purchasers, wealthy individuals and other investors. Experience in real estate industry or real estate-related degree is preferred. THE URBAN LAND INSTITUTE (WASHINGTON, DC) Director of Community Outreach, ULI Washington The hire will lead ULI Washington community outreach programs regionally, and manage programs that engage members in initiatives that help to educate and provide value to the community and public sector. GENERAL INVESTMENT DEVELOPMENT (SAN FRANCISCO) Senior Acquisitions and Asset/Portfolio Management Analyst A significant component of the job’s duties and responsibilities will be performing the financial analysis associated with potential property acquisitions and various asset/portfolio management requirements.
MARCUS & MILLICHAP (SAN MATEO, CA) Director of Construction The hire will be responsible for the hiring, managing and supervising future Urban Housing Group employees including project managers, project engineers, project administrators and support staff. SL GREEN REALTY CORP (NEW YORK CITY) Asset Management Analyst Responsible for the review of property operations, providing executive management and investors with analysis and results of property inspections, budget and variance reports, adequacy of operating reserves and replacement reserves, marketing status and occupancy status. THE WALT DISNEY CO. (BURBANK, CA) Senior Manager, Infrastructure Services The new hire will have demonstrated facilities and project management experience including planning, budgeting and scheduling. Responsibilities include overseeing design and operation of building systems.
Promotions
INTEGRA REALTY RESOURCES (FORT WORTH) Douglas Kincaid and Tommy Pigg are named managing directors of an affiliate company, Panther Capital Transaction Group LLP. The executives joined Integra as senior consultants in late August.
BMC CAPITAL (SACRAMENTO) After several years with the firm, loan officer Colin Paterson is relocating from the Dallas headquarters to lead the company’s new office for Northern California.
NAI OLYMPIA PARTNERS (INDIANAPOLIS) Dawn Lyon rises to senior associate after three years with the company.
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