Distressing Situation

Wall Street Journal 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
SELECTLEADERS
Vice President, Property Management--Distribution Facilities
(ANNAPOLIS, MD) The VP's primary responsibility will be for property management and tenant relations of a $500-million portfolio of approximately four million square feet. The position entails the management of a current three-person team of senior property managers, as well as hands-on participation and demonstrated leadership in property inspections, property expense processing, property level reporting and budgeting, interfacing with accounting personnel, tenants, NATM senior management and partners; among other duties.

HEALTHCARE TRUST OF AMERICA
Director of Treasury
(SCOTTSDALE, AZ) The director will manage and produce the company-wide short term cash forecast, manage the short-term investment portfolio and electronic funds transfers; measure performance of the company's short term investment portfolio; assess counterparty and portfolio credit risk; ensure compliance with internal cash controls, policies, and procedures for day-to-day supervision of cash management activities; manage bank account administration including opening and closing accounts, updating signers; among other duties

LNR PROPERTY CORP.
Senior Analyst REO
(MIAMI BEACH, FL) The senior analyst will track property-level and tenant information and input same into LNR Partners asset management system; maintain REO asset status comments in LPAMS and produce asset status reports on a weekly basis; analyze financial statements, rent rolls and other property level information for specific assets across various property types; prepare select property valuations in LNR's proprietary cash flow model for review by real estate asset manager; among other duties.

CENTRO PROPERTIES GROUP
Senior Accountant
(NEW YORK CITY) The senior accountant will maintain the general ledger for Centro, including account reconciliation and analysis; prepare monthly board of directors report for Centro, including variance explanations. Assist with acquisition of new companies and integration of previously acquired company; and assist with the yearly business planning and quarterly reforecasting.
VOIT REAL ESTATE SERVICES, LLC
Asset Manager & Business Development Director
(NEWPORT BEACH, CA) The asset manager & business development director will be responsible for sourcing new business and managing a portfolio of industrial, office, retail and other commercial properties and develop strategies that create value for each asset; as well as handling all aspects of managing and operating each property and will be accountable to the owner of the property and third party clients; among other duties.

PHILLIPS EDISON & CO.
Vice President--Finance
(CINCINNATI) The VP--Finance will ensure the development and implementation of a strategic plan for Phillips Edison & Co. to maximize shareholder value consistent with sustainable business practices, and recommend it and report progress against it; ensure the development and implementation of an annual operating plan including business plans, operational requirements, organizational structure, staffing and budgets that support the strategic plan; establish accounting consolidation procedures, systems and processes; among other duties.

WESTRUST
Leasing Manager
(SAN JOSE, CA) The leasing manager will market the property to potential retail and office tenants and show space to potential tenants, four days per week in San Jose and one day per week in San Francisco; research and document competitive properties including tenants, rents, lease expirations, expense charges, strengths and weaknesses to enhance competitive advantage; overall management of all leasing commission agreements for procuring brokers, execution of legal engagement letters, and other leasing related contracts; among other duties.

LOS ANGELES WORLD AIRPORTS
Deputy General Manager Airports II
(LOS ANGELES) The deputy general manager will oversee and manage, through subordinate staff, LAWA's real estate portfolio at Los Angeles International Airport (LAX), L.A./Ontario International Airport, Van Nuys Airport and Palmdale Airport. This position is also responsible for overseeing commercial property and land acquisitions; lease and rental rate negotiations; management of terminals, cargo maintenance, airfield, and off-airport leases; and the appraisal process.
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.
INVESTMENT REAL ESTATE ASSOCIATES
(ENCINO, CA) IREA is promoting William Everitt from senior associate to vice president.
GE CAPITAL REAL ESTATE
(NORWALK, CT) GE Capital Real Estate is promoting Avi Jagwani to senior director--debt investment fund in its Global Investment Management division.
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.
MARCUS & MILLICHAP
(TAMPA, FL) Marcus & Millichap is hiring Bill Renje and Casey Babb as senior associates. Prior to joining Marcus & Millichap, both Renje and Babb were multifamily investment specialists with NAI Tampa Bay.

ERA REAL ESTATE
(PARSIPPANY , NJ) ERA Franchise Systems LLC is hiring Anne Blumenstein to the position of vice president of marketing. Prior to joining ERA Real Estate, Blumenstein served as vice president of field marketing for the Carl's Jr. division of CKE Restaurants, Inc.
SIKON CONSTRUCTION COMPANY, LLC
(BROWARD COUNTY, FL) SIKON is hiring Jonathan E. Jordan as vice president. Jordan formerly served as project director for Jacobs Engineering.

DEVELOPERS DIVERSIFIED REALTY CORP.
(BEACHWOOD, OH)Developers Diversified is hiring Laura Skiver as new business development manager. Prior to joining Developers Diversified, Skiver worked at Smith Rothchild Financial in Chicago as a real estate asset manager.

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Anthony J. LoPinto

Tony LoPinto is the Global Sector Leader of Korn Ferry’s Real Estate Practice and founder of SelectLeaders. For the past 18 years LoPinto has been serving his clients with deep knowledge and perspective on talent needs and organizational challenges to public and private companies – knowledge gained from a 25-year career in real estate. Prior to his current position, he founded and served as chief executive officer of a boutique real estate executive search firm, where he oversaw offices in New York, Chicago, Washington, DC, San Francisco and Los Angeles. He has successfully led several high profile search engagements for chief executive officers, directors and a wide-range of executive level positions across all industries and sectors. He earned a Bachelor of Arts degree in European history from Loyola University in Chicago.