Paranoid Optimism I just returned from the West Coast, where I was attending the PREA and ULI Fall conferences. Each conference drew almost 50% more attendees than were projected just a couple of months ago. The tone was summed up by the former editor-in-chief for the Economist , Bill Emmott, as “Paranoid Optimism.” I thought the phase captured the mood perfectly. Most of the attendees were markedly upbeat, compared with the Spring Conferences. However, the elephant in the room was the eight million unemployed Americans. It will be tough to fill-up all of those apartments, revitalize the retail sector, lease office space, and crank-up manufacturing to re-ignite the industrial sector, until we address this issue. This may sound protectionist–and it is, but one solution will be to significantly scale back outsourcing to India and other far away lands. Bring home accounting, call centers, research, and other functions now in India, and put some of the unemployed Americans back to work. Delta Airlines recently shut down its India reservations center after its merger with Northwest Airlines, replacing it with a reservation center in northern Minnesota. The result is better support for clients, hundreds of Americans are now back to work, and we also protect our fishing stock by keeping them off the lake ice fishing in the winter.
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 | BH PROPERTIES LLC Senior Vice President–Asset Management (LOS ANGELES) The SVP–asset management will manage, motivate and supervise the property management department, the construction department and the leasing department–as well as third party providers–for the company’s portfolio. AMERICAN REALTY ADVISORS Senior Real Estate Counsel (LOS ANGELES) The senior real estate counsel will provide oversight of all real estate legal matters related to the real estate acquired on behalf of our clients. The successful candidate will be responsible for assisting senior management with a variety of issues that arise in connection with the operation of these assets, including working with outside counsel on all matters necessary for the operation of the real estate assets, property management, leasing, acquisitions, dispositions, financings, litigation, work outs, restructurings, tenant defaults and evictions and establishing the strategy related to resulting litigation. COLLIERS Managing Director–Industrial Brokerage Services, Greater Los Angeles (LOS ANGELES) The managing director will continually expand the business base through regular contact with key clients; identify and initiate new relationships and sustain a pool of new business leads in the local market; engage clients and the local business community through company-sponsored events that create market opportunities and further business development; among other duties. REIT MANAGEMENT & RESEARCH LLC Controller Systems Accounting (WATERTOWN, MA) The controller will act in a liaison capacity between the accounting/asset management departments and the technology group to assist in the alignment of overall business objectives; maintain, upgrade and support existing legacy systems and provide user training as needed; understand the needs, relationships and workflow between the various departments; among other duties. | SELECTLEADERS Vice President Property Management–Truck Terminals (ANNAPOLIS, MD) The VP property management’s job 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. DEVELOPERS DIVERSIFIED REALTY Leasing Manager (ATLANTA) The manager negotiates new leases and renewals; lease assignments and amendments for assigned region and/or accounts; participates in marketing campaigns and promotions for attracting and retaining tenants to minimize vacancies and improve tenant mix; and prepares forecasts and maintains budgets to maximize overall profit. MIT INVESTMENT MANAGEMENT CO. Senior Investment Associate–Capital Projects (CAMBRIDGE, MA) The associate will be responsible for developing budgets and estimates; qualifying and selecting architects, engineers, and contractors; managing bid processes including negotiating and drafting contracts; ensuring compliance with codes and laws; and project management; as well as manage the development of existing and proposed direct-owned investment real estate from the conceptual phase through construction; among other duties. FORE PROPERTY CO. VP of Property Management (LAS VEGAS) The VP of property management will be responsible for property level profitability, marketing, asset quality, leasing, personnel selections, resident satisfaction and retention programs, reviewing and analyzing operating statements, reports and variances for the entire 7,500 unit portfolio; among other duties. |  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. | MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES (SAN DIEGO) Marcus & Millichap is hiring Bill Rose as sales manager of the San Diego office. | STUDLEY (SAN DIEGO) Studley is promoting Mike Labelle and T.D. Rolf to senior vice presidents and co-branch managers of the San Diego office. |  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. | NEWOAK CAPITAL (NEW YORK CITY) NewOak Capital is hiring Jay Lown as managing director and senior member of the financial institutions group. Prior to joining NewOak Capital, Jay Lown was a fellow at the Office of Thrift Supervision. STUDLEY (HOUSTON) Studley is hiring Micheal Palmer, John Simons and Aaron Howes. Palmer will be a senior managing director, while Simons and Howes will both be corporate managing directors. All three were previously at CBRE. | ARBOR COMMERCIAL FUNDING, LLC (UNIONDALE, NY) Arbor Commercial Funding is hiring Alan Steinmetz to associate general counsel. Prior to Arbor, Steinmetz’s was employed at Centerline Mortgage Capital. LEE & ASSOCIATES (LOS ANGELES) Lee & Associates is hiring Mark Konopaske as managing director–Investment Services Group. Konopaske was most recently co-founder and partner of Total Investment Real Estate Brokers. | |
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