Presumptuous

I am thrilled that the Democratic and Republican Presidential conventions will be over within the next two weeks. This campaign has seemed endless. Since the primaries ended, we have been suffering the “presumptive nominee” phase of the campaigns. For months, we’ve been presuming that Obama and McCain will get the nod at the conventions. Thankfully, it’ll be official soon, and we can start to sift through the rhetoric and zero in on the candidates’ respective positions and proposals for economic policy. We have a mess on our hands, and whoever wins, I hope we have the kind of leadership that it will take to effectively steer the US economy (and credit markets) back to a sound footing. So, how will the election affect real estate jobs? Well, the tax policy that emerges from this election has the potential to produce a shockwave rivaling the impact of the 1987 Tax Reform Act and set the stage for a sea change that will likely (and materially) impact employment trends in ways both good and bad.



Job Opportunities
CUSHMAN & WAKEFIELD Senior Property Manager: Cushman & Wakefield (NEW YORK CITY) The position is responsible for managing several commercial properties in a manner that is consistent with the overall strategic plan for each property. HOLLIDAY FENOGLIO FOWLER, L.P. Real Estate Analyst (FLORHAM PARK, NJ) Responsibilities include developing pro-forma financials; gathering and evaluating economic, demographic and real estate market data; preparing debt and equity offering memorandums; maintaining client and capital source relationships and handling the due diligence and closing of commercial real estate transactions. CB RICHARD ELLIS Senior Real Estate Manager (WHITE PLAINS, NY) The Manager will coordinate the marketing and leasing of properties, oversee tenant move-ins and move-outs, negotiate early terminations of leases, collect rents, respond to tenant needs and coordinate with maintenance staff to resolve problems and supervise on-site management employees. MUNIMAE Asset Manager (BOSTON) The company seeks an Asset Manager to oversee the performance of a regional portfolio of multifamily properties, implement proactive strategies to resolve problems, develop and maintain relationships with clients and respond to special requests for information from investor and capital clients. SELECTLEADERS Development Project Manager (WILLIAMSVILLE, NY) A real estate development company seeks a Manager to serve as the company’s primary point of contact through the development of a project; proactively coordinate interdepartmental activities; research innovative materials, processes and technologies to improve the quality and cost-effective delivery of projects; develop financial models and project budgets; and coordinate and direct regular project meetings. HINES Leasing Director (WASHINGTON, DC) The company seeks a Leasing Director to create, design and implement marketing and leasing plans for a major retail development project. Responsibilities include managing the leasing process, negotiating leases, partnering with architects to develop schematic plans and developing merchandising plans for retail space. STAN JOHNSON CO. Lead Broker (HOUSTON) Stan Johnson seeks lead brokers who will manage a team of two to three brokers that they have hand-picked. CIGMA CORP. Global CFO (NATIONWIDE) The CFO will act as a lead agent of change and strategist for the financial state and future of the organization. The CFO will provide financial leadership to enable growth in a profitable and sustainable manner for the company.
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.
LEE & ASSOC. (NOVI, MI) Kelly Savoy has been named a principal with the company. She has been with Lee & Assoc. since 2006, when she joined as director of client services. MARCUS & MILLICHAP (NEW YORK CITY) The company has raised Peter Von Der Ahe to vice president investments and Glen Kunofsky to senior vice president investments. Von Der Ahe has been with the company since 2002 and Kunofsky joined in 2001. STUDLEY (LOS ANGELES and CHICAGO) Corey Davidson has been promoted to managing director of the national corporate services group and Jon Azulay and Jonathan Metzl were both named associate directors. Davidson has been with Studley since 2001 and both Azulay and Metzl joined in 2003. CORE MARKETING GROUP (NEW YORK CITY) Fredrik Eklund has risen from senior vice president to managing director. MASSEY KNAKAL (NEW YORK CITY) Former interim sales manager Kyle Mast has been named managing director of the Manhattan office. He has been with the company for four years. GRUBB & ELLIS (CINCINNATI) John Hermann has been appointed assistant property manager in Grubb & Ellis/West Shell Commercial’s recently opened office in Dayton, OH. He has been with the company since 2003. SUMMIT DESIGN + BUILD (CHICAGO) The firm has promoted David Brown to project engineer II. JONES LANG LASALLE (NEW YORK CITY) Cynthia Wasserberger and George Ladyman have been elevated to managing director after serving as senior vice presidents. BEHRINGER HARVARD (DALLAS) Samuel A. Gillespie has been promoted to chief operating officer of the company’s Opportunity REIT, Opportunity REIT II, Short-Term Opportunity Fund I and Mid-Term Enhancement Fund I. In addition, M. Jason Mattox has been raised to chief administrative officer of the holding company and all funds.
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.
UGL EQUIS (MINNEAPOLIS) David Johnson and Claire Roberts have been named associate vice presidents with the company. Johnson joins Equis from Welsh Cos., where he was an asset manager. Roberts was a director and office broker for Cushman & Wakefield of Minnesota, Inc. FIRST AMERICAN TITLE INSURANCE CO. (PHILADELPHIA) Robert Nagy has joined the company as vice president and senior national underwriter. He moves from Commonwealth Land Title, where he was assistant director of the national title services division. HAS COMMERCIAL REAL ESTATE (CHICAGO) Jonathan Sharp and Kelsey Blindt have taken the roles of associate brokers in the retail division. Both are joining the company full time after serving as interns. YOUNAN PROPERTIES, INC. (DALLAS) Brenda Smith has been hired as general manager of the KPMG Centre. She has previously held the same position with Brandywine Realty Trust, Trizec Properties, Bank One Center and Burnett Plaza. KWAME BUILDING GROUP (ST. LOUIS) Christopher Hosie has come on board as the senior project manager. He is currently the on-site superintendent for the Normandy High School HVAC project. William Warner has been appointed project coordinator. FRONTERAS (DALLAS) To support its growth, Fronteras has added two to its payroll. Rolando Leal has been named vice president and Michael Trenary an associate with the company. Leal moves from Coldwell Banker Commercial, where he was client development and retail services associate. Trenary previously worked for the Weitzman Group, where he developed market intelligence reports. MASSEY KNAKAL (BROOKLYN, NY) The company has hired John Jennings as a researcher for the sales support team. He most recently worked for CitiGroup as a research intern. R.D. OLSON CONSTRUCTION (IRVINE, CA) J. Lofton Moore has come on board as president. He previously served as vice president of operations at Rudolph & Sletten. WACHTLER KNOPF EQUITIES LLC (FARMINGDALE, NY) The firm has named Marissa Slattery office manager. She moves from Sullivan Builders Group. SUMMIT DESIGN + BUILD (CHICAGO) The company has added two new hires. Tim Stoeckel has been named project manager and Bryana Yergler has come on board as a project engineer. Stoeckel most recently served as project manager at Duke Construction and Yergler was a summer intern at the firm. STUDLEY (CHICAGO and IRVINE, CA) Greg Mikrut has been hired as an analyst. He joins the company from Millenium Properties. In addition, Tyler Kellogg, formerly an associate at Washington Partners, has joined Studley’s Orange County office as an assistant director. NAI HORIZON REAL ESTATE (PHOENIX) Jordan John has been appointed an agent with the company. He will specialize in office acquisitions and dispositions. TRANSWESTERN (LOS ANGELES) Douglas Baily has joined the company as a vice president in the tenant advisory services group. He was previously an executive vice president with South Park Group and vice president with Spencer Scott Real Estate Group. COLLIERS MACAULAY NICOLLS (LOS ANGELS) Dan Speigel has been named senior vice president of U.S. operations. He most recently served as executive vice president of operations for transaction services with Grubb & Ellis. WENTZ GROUP (REDWOOD SHORES, CA) Larry Lentz has taken the position of operations manager. He will be responsible for the company’s operations throughout the Bay Area. AVERA (HOUSTON) The commercial real estate development and investment firm welcomes Steve Broderick, who has been named chief financial officer. He moves from SYSCO Corp., where he held various financial management positions. BEHRINGER HARVARD (DALLAS) The company has hired Thomas August as chief operating officer, Scott Fordham as head of accounting and Gerald Oliver Jr. as head of property management. KEYSTONE PACIFIC PROPERTY MANAGEMENT INC. (IRVINE, CA) The company has named Loit Kaskla and Sayar Beaty community association managers and Bryce Miller assistant community association manager. RTKL ASSOCIATES INC. (CHICAGO) Mark Banholzer has come on board as a vice president. He will serve as the company’s national practice leader for healthcare interior architecture. He moves from HOK, where he was a design principal and vice president.

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