Beach Book Normally, by the time mid-July comes around, commuters find the precipitous drop in traffic on the road, in the train, and on the bus as the summer vacation season is in full swing. This year, there is a general expectation that the roads will be a ghost town as everyone is “checking out” and heading to the beach as real estate activity has ground virtually to a halt. It might be a good time for you to pick up a recently published book that I came across last week, “The Upside of the Downturn,” by Geoff Colvin. I found it to be a stimulating and insightful read that thoughtfully provides a road map for companies, and their leadership, on how to capitalize on the economic carnage that is bigger than anything before it, at least professionally. Colvin’s point, however, is that the opportunities that emerge will, therefore, be bigger than ever before. In retrospect, every downturn that I have experienced was followed by a period of great opportunity. If Colvin is right, we are in for some great times ahead. Enjoy the beach, and don’t forget the sun block.
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. WEBINAR ON-DEMAND Job Opportunities in a Turbulent Market In today’s real estate marketplace, finding and keeping meaningful employment – whether you are a manager, developer, investor, broker, or architect – is a difficult and constant challenge. GlobeSt.com and the SelectLeaders Job Network are pleased to present this important online event to identify key job growth areas, the types of positions that are in demand, and approaches necessary to flourish in this downturn. Recorded on Tuesday, June 9, 2009, 12:30 PM ET. Cost: $59. VIEW ON-DEMAND NOW >
Job Opportunities AMERICAN REALTY ADVISORS Senior Asset Manager (CHICAGO) The manager will analyze, draft and negotiate real estate lease proposals and leases, make appropriate recommendations, develop strategic business plans for each asset. GRUBB & ELLIS CO. SVP, Director of Management Services (SAN FRANCISCO) The SVP will source and develop relationships with decision makers leading to business development; solicit, prepare and respond to proposal requests and cooperate and build relationships with and actively seek referral business from other company units and offices. CIM GROUP, INC. Vice President, Investments (LOS ANGELES) The VP will have central responsibility for managing all aspects of an investment, including processing and closing transactions and managing owned assets. AMB PROPERTY CORP. Senior Property Manager (ATLANTA) The manager will supervise the property management staff, oversee a significant portfolio and serve as point person for the portfolio. | MANAGEMENT SERVICES GROUP OF HEALTH CARE REIT Leasing Manager (JUPITER, FL) The manager will develop and maintain strong working relationships with property managers, hospital executives, tenants, potential tenants, and outside brokers in surrounding markets, as well as participate in the development and execution of marketing plans. CAPMARK Senior Real Estate Analyst (SAN FRANCISCO) The analyst will review and appraise commercial mortgage loan requests and proposals on all property types that are received from borrowers and mortgage brokers and prepare formal loan submissions for lenders including writing a narrative report recommending, justifying and describing the loan request and the other relevant and supporting information. SELECTLEADERS Vice President of Construction (NEW YORK CITY) The VP will oversee the entire ground up construction cycle as well as large interior renovations. TIAA-CREF Director, Real Estate Asset Management (NEWPORT BEACH, CA) The director will manage the process of achieving superior returns on real estate assets through active management and leasing and negotiate leases with prospective tenants as well as developing strategies and budgets for leasing, marketing, annual operating expenses, and capital improvements. | 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 & ASSOCIATES (CHICAGO) Lee & Associates is promoting Christopher Nelson and Brian Vanosky to principal in the Chicago office. | EDENS & AVANT (COLUMBIA, SC) Edens & Avant is promoting Will Ponder to vice president, investments, responsible for Edens & Avant’s Southeast portfolio encompassing 40 properties. | 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. AVISON YOUNG (CHICAGO) Avison Young is hiring Jonathan Malm as a principal. DELOITTE FINANCIAL ADVISORY SERVICES LLP (MCLEAN, VA) Deloitte FAS is hiring Hank Tremaine to its lease advisory services group. Prior to joining Deloitte FAS, Tremaine co-founded one of the leading providers of lease inspection services to public and private sector clients. COLLIERS INTERNATIONAL (DALLAS) Colliers International is hiring Gavin Kam as a senior vice president and director of retail investment sales, as well as Allison Fannin as vice president. Prior to joining Colliers, Gavin was a principal with The Kam Group. | STUDLEY (HOUSTON) Studley is hiring Jim Bell and Russell Hodges as brokers. Prior to joining Studley, Bell worked for Jones Lang LaSalle in Houston and Washington, DC, exclusively representing tenants throughout Houston and across the country with their commercial real estate transactions. BRICKMAN (NEW YORK CITY) Brickman is hiring Suzanne Gibson as vice president. Prior to working at Brickman, Suzanne was part of the capital markets & client relations team at JER Partners, focusing on raising funds globally. | |