Transitions

Hallelujah, this is my last column for 2009. For good reason, few, if any of us, will regret tearing the last page off of the calendar this year. However, with great anticipation, we look forward to 2010, a year that promises to usher in the beginning of the long-anticipated real estate recovery. But the world changed in ’09, and so has our industry. 2010 will only give us a glimpse of how businesses will need to restructure to be competitive, and new platforms will emerge that will drive the next generation of the business. It is going to be an era when firms will have to be either small and stealth niche players, or larger, multi-dimensional, global players in order to be competitive. I have found the back end of all of the real estate recessions to be exciting and opportunistic times, and one such era is upon us. I’ll be back in 2010 working the Executive Watch beat, but I will moving on to a new and exciting role as head of Korn/Ferry International’s North American Real Estate Search Practice, to serve clients on a global scale.

And, best wishes to you all for a very happy, healthy and prosperous New Year!

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
CoStar Group RESEARCH MANAGER-COMMERCIAL REAL ESTATE DATA (WHITE MARSH, MD) The research manager is a key leader within the CoStar Research Organization as our researchers are the lifeline of our comprehensive industry leading product line. The candidate is responsible for supervising and coaching a team of eight to 10 research associates working on either portfolio or specialty commercial real estate research. Capital Real Estate ASSET MANAGER/NEW PROPERTY MANAGER (DENVER) The firm is seeking an asset manager/property manager who will be responsible for the day-to-day operations of a multi-family investment company in Denver. Due to the company’s rapid growth, the particular focus of this position is asset management overseeing professional property management of seven properties, six in Colorado and one out-of-state. PM Realty Group INVESTMENT ANALYST (GLENDALE, CA) This position is responsible for performing real estate investment analysis, research and reporting. Among the requirements are three to five years of related analytical real estate experience. The analyst will conduct and analyze market research while maintaining accurate market information for the analysis of new investments. Salt Lake City Corp. DEPUTY DIRECTOR-REDEVELOPMENT AGENCY (SALT LAKE CITY) The position includes supervision of staff, development of budgets, management of projects, review and drafting of development-related documents, and a variety of public presentations. Specific job responsibilities include the following: Initiates, formulates, and executes proposals, strategies, and programs for all of the Agency’s project areas and responsibilities. FannieMae SENIOR STRATEGIC SOURCING SPECIALIST (DALLAS) The senior strategic sourcing specialist is responsible for the delivery and execution of complex strategic sourcing projects inclusive of REO services, professional services, contact labor, consulting services, architectural, engineering, construction and facilities maintenance services. The Irvine Co. CAPITAL MARKETS ANALYST (IRVINE, CA) The analyst will maintain and update critical financial models, monthly dashboard reports and investment valuation reports. They will monitor daily cash balances and short-term investments, analyze potential investment options, and prepare weekly and monthly investment reports. New York Economic Development Corp. ASSISTANT VICE PRESIDENT, TRANSACTION SERVICES (NEW YORK CITY) The AVP will have management responsibility for one to three junior professionals, and may work on projects in financing, sales, leasing, or analysis, though it is expected that an AVP will have a differentiated strength in one of these disciplines. Lionstone Group ANALYST (HOUSTON) The analyst will provide analytical support to the investment management and acquisitions teams. Specific responsibilities may include preparing reports and related materials for tracking asset level performance and investor reports.
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.

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MARCUS & MILLICHAP REAL ESTATE INVESTEMENT SERVICES (ELMWOOD PARK, NJ) Marcus & Millichap Real Estate Investment Services announced the appointment of Jeff Oram to New Jersey Governor-Elect Chris Christie’s treasury transition subcommittee. Oram began his career with Marcus & Millichap in March 2009 as a senior associate and senior director of its National Office and Industrial Properties Group.  
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.
EQUITY RESIDENTIAL (CHICAGO) Equity Residential announced the appointment of Linda Walker Bynoe to the company’s Board of Trustees, effective as of December 16. Bynoe is the president and chief executive officer of Telemat Ltd, a privately-held project management and consulting firm based in Chicago. FORGE CAPITAL PARTNERS (TAMPA, FL) Forge Capital Partners, the Tampa-based commercial real estate investment and management company, has appointed Michelle Seifert director of sales and leasing.Seifert, former vice president of the retail services group at Grubb & Ellis

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