The Real Deal

Today is an exciting day in American politics: the New Hampshire primary–to many, the long awaited official start of the presidential election season. Unfortunately, most of us are already catatonic from a year of weekly candidate debates, political analyses and evaluations by pundits of all persuasions. Now at last the real deal begins and we can focus seriously on an election that will be critical to the economy and most certainly to the real estate industry. I anticipate that, regardless of who is elected, we can expect aggressive changes in tax legislation that will certainly impact our business. I guess we’ll all just have to wait with ‘debated’ breath to see what transpires.

Job Opportunities
SelectLeaders Real Estate Associate/Senior Associate (BOSTON) The hire will develop underwriting assumptions, as well as analyze investments using various valuation techniques including discounted cash flows, comparable property analysis, replacement cost analysis and precedent transaction analysis, and more. Lexington Realty Trust Acquisitions Analyst (NEW YORK CITY) The analyst will work directly with senior management in evaluating potential acquisitions and capital market strategies. First Industrial Realty Trust Inc. Development Analyst (CHICAGO) This hire analyzes financial data and prepares various financial models used to determine economics of potential projects, such as speculative developments and build-to-suits. The Urban Land Institute Director, Program Content (WASHINGTON, DC) The director will be responsible for the coordination of the program content for the Spring Council Forum and Fall Meeting–including Product Councils. DBSI–Discovery Real Estate Services Due Diligence Analyst (ATLANTA) The hire will identify potential acquisitions, create financial pro forma utilizing verified income and expense information for the analysis of the acquisition’s feasibility, and more. ING Real Estate Investment Management Asset Manager–Operations and Strategy (SYDNEY, AUSTRALIA) The manager is charged with maximizing net operating income and returns of the portfolio, driving operating efficiencies, monitoring competition and competitive threats, monitoring and overseeing preparation of income, expenditure and capital budgets, and more. Ernst & Young Senior Manager–Los Angeles–MAI Designation (LOS ANGELES) As the manager of multiple client engagement teams, the individual will participate in real estate advisory engagements in a fast-paced, service-oriented business environment. Paramount Real Estate Services Property Manager (JUPITER, FL) Responsibilities include, but are not limited to, preparation of annual income and expense budgets, monthly monitoring of property income and expenses, tenant and vendor relations, property inspections, marketing and tenant construction coordination.
Promotions
MARCUS & MILLICHAP CAPITAL CORP. (SACRAMENTO) Christopher Du Pont starts as an associate director after running his own firm, Du Pont Equities in San Diego. BEAL COS. LLP (BOSTON) Peter A. Spellios joins as senior vice president and general counsel. He most recently was a partner in Sherin and Lodgen LLP and chairman of its land use, permitting and development practice. TELES PROPERTIES (BEVERLY HILLS, CA) David Mossler joins the team as an agent, bringing John Iglar and Michael Phillips with him from his former firm, Mossler & Doe. GVA KIDDER MATHEWS (SAN FRANCISCO) Steve Bouret and Gregg Domanico, formerly with NAI BT Commercial, come on board to lead a Bay-area expansion, which include an office on the peninsula. Bouret was the founder and leader of NAI BT’s technology advisory group. Domanico led his former firm’s life sciences’ division. ADVANCE REALTY GROUP (LANDOVER, MD) The firm’s new property managers are Stacie Dawson in the headquarters office and Quicha Tresvant in the Chantilly, VA office. Dawson has returned to the company after a two-year stint as a property manager for NAI the Michael Cos. Inc. Tresvant spent the past five years with Monument Realty. GREINER-MALTZ (LONG ISLAND, NY) George Margaronis starts as an associate broker for sales and leasing in the Brooklyn and Queens commercial and industrial markets. LINCOLN EQUITIES GROUP (RUTHERFORD, NJ) Daniel S. Ackerman holds onto the title of senior director of leasing in the move from Mack-Cali Realty Corp. COLE, SCHOTZ, MEISEL, FORMAN & LEONARD PA (MANHATTAN) Mark J. Politan, Joseph Barbiere and Douglas I. Eilender become members of the firm, with Michael N. Morea joining as special counsel. Politan’s specialty is insolvency, business reorganization, creditors’ rights and bankruptcy litigation. Barbiere’s practice focuses on complex and commercial litigation, including real estate disputes, shareholder/partnership discord and commercial transactions. Eilender specializes in environmental law, including Brownfield redevelopment sites. Morea’s niche is employment and complex commercial litigation, including whistleblower claims and business torts. RBI RETAIL BROKERS (RIVERSIDE, CA) Angie Aragon starts as a retail specialist after three years as a Grubb & Ellis Co. associate. ASPEN DENTAL MANAGEMENT (SYRACUSE, NY) Jon M. Tedesco begins as real estate manager. He most recently was senior real estate manager for CSK Auto Inc. in Phoenix. LANDMARK LAW GROUP (LOS ANGELES) Attorney Darren L. Hereford joins the firm from Weston Benshoof, where was a partner in the firm’s real estate practice group. HAMPSHIRE COS. (MORRISTOWN, NJ) Brian Keary comes on board as assistant asset manager to support the Hampshire Legacy Fund portfolio. KEYSTONE PACIFIC PROPERTY MANAGEMENT (IRVINE, CA) Scot Cool is the firm’s newest community association manager. GRUBB & ELLIS (NEW YORK CITY) The company adds three directors: John Oliveri, John LaRocca and Lauren Davidson. Oliveri most recently was director of retail brokerage for Eastern Property Associates. LaRocca was founder and president of Ideal Futures Inc., a full-service commodities brokerage fir on the New York Board of Trade. Davidson came from Cushman & Wakefield Inc., where she was a global business development associate. Joining the Midtown Manhattan office as associates are Daniel Woods, who was with Massey Knakal Realty Services; Brendan Quinn, a recent graduate of Saint Joseph’s University; Josh Rosenberg, who had been systems administrator of AIG’s information technology group.
New Hires
GREATER STERLING DEVELOPMENT (STERLING, IL) Heather Sotelo is named executive director, replacing David Barajas Jr. Sotelo was executive director of the Sauk Valley Chamber of Commerce. MEREDITH & MCGREW (BOSTON) Timothy P. O’Brien starts as an associate in the suburban brokerage group. He most recently was a territory manager for Biomet 3i. GVA KIDDER MATHEWS (SEATTLE) Philip Assouad and Giovanni Napoli, multifamily investment sales specialists, join the Downtown Seattle team. Assouad and Napoli most recently were with Marcus & Millichap Real Estate Investment Services. EMORY HILL COS. (NEW CASTLE, DE) The firm’s new employees are Tara Grice, administrative assistant in property management; Maria Milyo, accountant; Kenneth M. Robertson, construction estimator; Anthony Tuskweth, construction project manager; and Nancy O’Malley, residential property manager. Grice previously was a residential property manager for DIS Management. Milyo most recently was head administrator for Zeccola Builders. Robertson had been purchasing manager for Wilkinson Builders and Tuskweth was director of construction for LCA Construction. O’Malley had been First Montgomery Group’s resident manager and leasing director. TRADE UP 1031 (WEST CHESTER, PA) Jeff Price is named COO. He most recently was operations manager for Trinity Financial Partners in Wayne.

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