Search
 

Executive Watch

'The compensation run-up of the past three years is mostly over.'

By Anthony J. LoPinto | Updated on January 02, 2007
Perspective

As we swing into 2007, I think it appropriate to cast some predictions about what the new year will bring.  Last year was very good for real estate, and all signs point to another stretch of growth and equilibrium across all sectors.  My favorite indicator, hiring trends, continues to reinforce this outlook.  Recruiting activity, from mid-level professionals to senior executives, was strong in Q4, creating a backlog of activity as we enter ’07. So I predict that demand will continue to be robust for development professionals at all levels and for finance and accounting talent.  We will also see significant demand for asset and portfolio managers as the bull market loses some steam and organizations put talent in place to work assets.  Further, the compensation run-up of the past three years is mostly over, and I predict that this year’s paychecks will not be significantly higher than ’06 levels.  We’ll check back in December to see how accurate these predictions were. In the meantime, best wishes for a happy, healthy and prosperous 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

POTOMAC REALTY CAPITAL (NEEDHAM, MA) Underwriting Analyst The responsibilities of this position include reviewing preliminary financing packages and performing cash flow analyses to evaluate and structure financing opportunities; and participating in property inspections with the underwriting team.

AIMCO (CA) Acquisitions/Dispositions Reporting to the chief investment officer, this individual will head up the Western Acquisitions and Dispositions team, and will direct the identification and acquisition/ dispositions strategy of investment grade multifamily properties for the Western portfolio.

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

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

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.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.