No deal

Well, more shoes are dropping. Lehman announced a whopping quarterly loss and needs to raise $6 billion from investors. Last Friday, the markets were seriously rattled with the latest jolt of oil price increases, and the price of gas at the pump broke $4 this week, further squeezing consumers We still seem to be looking for the bottom of this difficult economic cycle, and it’s unnerving, to say the least. This market is also beginning to have an impact on the hiring processes. We have noted with more frequency that hiring managers do not feel compelled to stretch when they make offers to candidates. With fewer searches and less competition for talent, a more conservative mindset has taken hold. In fact, some companies are now even balking at giving individuals their whole 2008 bonus and offer only to prorate them. The problem is that he or she will leave one half or more of this year’s bonus on the table if they leave their current employer. The rub is that top performers are still at a premium, and by cutting corners around the edges of an offer, the shortsighted hiring manager may end up with a “thanks, but no thanks.”

Job Opportunities
HOLLIDAY FENOGLIO FOWLER, LP REAL ESTATE ANALYST (ATLANTA, GA) Responsibilities include developing and maintaining comprehensive financial models, preparing offering memorandums and proposals and coordinating the due diligence process. JONES LANG LASALLE STRATEGIC SOURCING MANAGER (NEW YORK CITY) The successful candidate will assess and build annual sourcing initiatives; act as a key communication liaison with the client procurement team and the account manager; prepare and execute sourcing initiatives; and provide management, instruction and follow up to support the operations teams in standardized RFP/bid and contract processes. CB RICHARD ELLIS SENIOR REAL ESTATE MANAGER (NEW YORK CITY) The manager will be responsible for coordinating the marketing and leasing of properties, collecting rents, responding to tenant needs and overseeing tenant move-ins and move-outs. AVALONBAY COMMUNITIES PROCUREMENT SPECIALIST (ALEXANDRIA, VA) The specialist will assist with the strategic sourcing process across several categories, including construction and MEP. LIBERTY PROPERTY TRUST SENIOR LEASING REPRESENTATIVE (HIGH POINT, NC) The representative’s responsibilities include leading and managing the leasing and marketing initiatives, supervising the marketing assistant and third party listing brokers, maintaining relationships wit the brokerage community and working with the City Manager to pursue build-to-suit deals. SELECTLEADERS MANAGING DIRECTOR—DESIGN (MOSCOW, RUSSIA) An office development company seeks a managing director of design to oversee the design process and quality control across the company’s development initiatives. BANK OF AMERICA COMMERICAL REAL ESTATE SENIOR LENDING MANAGER (BOSTON) The manager will lead a team of commercial real estate debt specialists and analysts to deliver end to end debt product to client teams and clients. PARAMOUNT REAL EASTATE SERVICES VP PROPERTY MANAGEMENT (JUPITER, FL) The VP will develop overall corporate strategy, plans, objectives and policies for the property management function as well as maximize profitable growth and return on investment.
Promotions No more than one submission per company will be considered per week. Submissions with multiple names will be capped at three for coverage in Executive Watch.
COLLIERS INTERNATIONAL (DALLAS) Kevin Brookmole has been promoted to executive vice president. Brookmole, who specializes in landlord representation, joined the company in 2004. CB RICHARD ELLIS (NASHVILLE, TN) Harrison Johnson has been raised to first vice president. He was previously vice president at the company. PM REALTY GROUP (HONOLULU) Linda Gee has been named senior vice president and regional manager for the Pacific Rim region. She joined the company in 2000. FIRST INDUSTRIAL REALTY TRUST (CHICAGO) Douglas Swain has risen to vice president of operations for the central region. He was previously a regional director for the Indianapolis region. BANK OF AMERICA (LOS ANGELES) John Lee was appointed assistant vice president, product delivery officer in the company’s commercial real estate group. He joined the firm’s Los Angeles team early in 2008, after three years with the company in Irvine. MARCUS & MILLICHAP (ENCINO, CA) Stuart Steinberg has been raised to vice president after 11 years with the company. POAG & MCEWEN (MEMPHIS) The lifestyle center developer elevates three. Alesia Kempe is named senior vice president of asset management, Joshua D. Poag has been appointed executive vice president and chief operating officer and David Selberg has taken the role of chief financial officer. OPUS WEST CORP. (PHOENIX) Jason Meszaros has been promoted to director, real estate development. He joined Opus West in 2006 as a senior manager.
New Hires No more than one submission per company will be considered per week. Submissions with multiple names will be capped at three for coverage in Executive Watch.
GVA WILLIAMS (NEW YORK CITY) Lesley Lisser has been hired as a senior asset manager of the asset management services group. She has held similar positions with Brookfield Asset Management, Wafra Investment Advisory Group and Emmes Asset Management. STUDLEY (CHICAGO) The company expands its Chicago office with the addition of James Stein as assistant director. Stein spent the past two years with Katten MuchinRosenman LLP. PINTZUK BROWN REALTY GROUP (JENKINTOWN, PA) Ron Douglass has joined the company as director of multifamily acquisitions. He was previously an acquisitions specialist for Patriot Equities. SHOPPERTRAK (CHICAGO) Christopher Ainsley comes on board as president and chief executive officer. He moves from The Patent Board, where he was also president and CEO. JONES LANG LASALLE (CHICAGO) Ted Glimp has been named managing director of corporate solutions. He joins the company from CB Richard Ellis and Trammel Crow Co. DAUM COMMERCIAL REAL ESTATE SERVICES (WOODLAND HILLS, CA) Tom Festa has been appointed senior vice president of the company. He spent the past 12 years at Grubb & Ellis. GRUBB & ELLIS CO. (SANTA ANA, CA) Ed Rosenthal has been hired as senior vice president in the downtown Los Angeles office. He moves from CB Richard Ellis, where he founded theurban redevelopment group. LEE & ASSOCIATES (SHERMAN OAKS, CA) Claudia Sommer has come on board as an associate specializing in investment brokerage. She was most recently with Legend Real Estate Management Co. MARCUS & MILLICHAP (NEW YORK CITY) Dave Canning has joined the company’s Manhattan office. He was previously a sales director at Massey Knakal and a senior associate with Thomson Financial Group. CB RICHARD ELLIS (PHOENIX) The company has named Laurie Sobel director of mapping services. She joins the firm from Business Integration Group, which she co-founded in 1998. CHAPMAN AND CUTLER LLP (SAN FRANCISCO) Gisele Rainer has been appointed a partner in the San Francisco office. She moves from Nixon Peabody, where she was also a partner. ORCO PROPERTY GROUP (NEW YORK CITY) Keith Lindsay has joined the hospitality group as CEO. He was most recently global head of hospitality and leisure at AIG Global Real Estate. METROPOLITAN PROPERTIES OF CHICAGO (CHICAGO) Dan Austen moves to Metropolitan Properties as senior financial analyst. He spent the past decade at Abbot Laboratories, where he managed a portfolio of corporate real estate assets. PANATTONI DEVELOPMENT CO. (SACRAMENTO, CA) Scott I. Peek, Jr. has been named senior vice president, project principal for the company. He was previously a managing partner of Pinnacle Realty Advisors. PERSEUS REALTY PARTNERS LLC (WASHINGTON, DC) Perseus has appointed Julie Rost director of the institutional fund raising team. She comes on board after serving as senior vice president for Eastdil Secured. KEYSTONE PACIFIC PROPERTY MANAGEMENT INC. (IRVINE, CA) Abraham Oyler has joined the company as a community association manager. SCHONBERGER ASSOCIATES LLC (LIVINGSTON, NJ) Dolores Finder Berkowsky has moved to Schonberger after serving as in-house counsel for a large real estate management and development company. ALLEN & OVERY LLP (NEW YORK CITY) David S. Broderick has been named a real estate partner in the New York office. He was previously managing director with Lehman Brothers’ global real estate group. NAI GLOBAL (PRINCETON, NJ) Gil Robinov will take on the role of executive managing director in New York City. His past experience includes time with Murray Hill Properties, GVA Williams and CB Richard Ellis. ARCHSTONE (ENGLEWOOD, CO) The company has added two new hires to its structured finance team. Mike VanderLey comes on board as a vice president overseeing the Western region and Jarred Foerster has been appointed a vice president overseeing the Central region. They join Brent Jenkins, vice president of the Eastern region. VESTAR (PHOENIX) Denise Hart has been hired as vice president of marketing for the company. She was most recently director of marketing for Arizona Mills and has previously held marketing positions with Nike and Marriott. ONYX EQUITIES LLC (WOODBRIDGE, NJ) Tom Castellano has been named vice president of property management, responsible for overseeing the management of 16 properties throughout New Jersey, New York and Pennsylvania. He previously served as regional property manager for Ivy Realty. COLLIERS MEREDITH & GREW (BOSTON) Matthew J. Powers has been appointed senior vice president in the development and advisory services group. Before joining Colliers, he was vice president of life sciences for Murphy & McManus LLC. LINCOLN PROPERTY CO. (PHOENIX) Deborah O’Flanagan has taken the position of director of property management for the West region. COMBINED PROPERTIES (WASHINGTON, DC) Numa Jerome, Jr. has joined the company as senior vice president, East Coast leasing. He moves from Acadia Realty Trust. SPERRY VAN NESS (LODI, NJ) The company has aligned with Jeff Gorodensky and Pat Forde, who will serve as managing directors of Sperry Van Ness/FG Commercial Real Estate Services. Frank Pronsesti will be senior advisor. SCHIFF HARDIN LLP (NEW YORK CITY) William A. Snedeker was named counsel in the corporate and securities group and Richard M. Liebman was appointed counsel in the real estate group. Both move from Andrews Kurth LLP.

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