Grumbling All Around Wall Street bonuses are making front page headlines again, as the banks have had blockbuster years resulting in bonus payouts heading to levels surpassing the record payouts of 2007. I must admit, after the demise of Lehman, Bear and an independent Merrill, one would not have expected this turnaround so soon after we were at the edge of a global financial meltdown. Not surprisingly, the Feds and the media are going to have a field day bashing the banks as JQ Public and many businesses are struggling to recover. However, on the banking side, the bankers are also grumbling, as cash will be replaced by stock grants with longer vesting periods. At Goldman, the stock component of the payout will double over the percentage of total compensation, and will carry a five-year vesting schedule. The bankers aren’t happy, arguing they will have to wait longer for the award. I must say, no sympathy here. It seems to me that the stock approach is fair and reasonable, all things considered and equal.
Tony LoPinto is a senior client partner and head of Korn//Ferry International’s Real Estate Practice and founder of SelectLeaders. The views expressed in this article are the author’s own.  Job Opportunities | FOUR SQUARE PROPERTIES, INC. Senior Property Manager (UTAH) The senior property manager will perform administration of commercial retail and office leases; direct and ensure timely tenant billings of rents, quarterly CAM receivables and tax billings and timely collection of the same; prepare annual CAM receivables; and pursue default legal as needed; among other duties. COSTAR GROUP Regional Sales Director–CRE Software (SAN FRANCISCO) The regional sales director will be in charge of data/information, ecommerce solutions, selling commercial real estate or selling into commercial real estate, manage a team of 10+ sales representatives at multiple locations; among other duties. ING CLARION CAPITAL Asset Manager (NEW YORK CITY) The asset manager will be responsible for managing a portfolio of non-performing commercial real estate loans throughout the US; resolve and/or dispose of the non-performing commercial real estate assets with the goal of minimizing losses and maximizing value; formulate workout strategies through knowledge of real estate markets, property weaknesses, borrower deficiencies and state laws regarding lenders’ rights and remedies; among other duties. ARBOR COMMERCIAL MORTGAGE, LLC Closing Officer (UNIONDALE, NY) The closing officer will be responsible for the preparation of financing commitments, loan documents, and other deal-related legal documents. Other responsibilities include ordering and reviewing title, survey and borrower’s organizational documents for conformance with program requirements. | JONES LANG LASALLE Global Hotels Associate (SAN FRANCISCO) The global hotels associate will be responsible for strategic advisory and operational assessment studies; USPAP-complaint restricted use, summary and self-contained appraisal reports; feasibility and market studies for all categories of hotels/resorts; IACC-certified conference center hotels, and convention centers; among other duties. THE TOWNSEND GROUP Investment Analyst (CLEVELAND) The investment analyst will assist with strategy development & portfolio construction; monitor client portfolios; participate in research projects and other initiatives; among other duties. BOSTON CAPITAL Asset Manager (BOSTON) The asset manager will be responsible for managing a portfolio of multi-family real estate partnerships to preserve the value of investor equity and the stream of benefits associated with that investment; develop and maintain strong relations with lender representatives, management agents, local officials, and general Partners in a portfolio; among other duties. KLINGBEIL CAPITAL MANAGEMENT Senior Property Manager (SAN FRANCISCO) The senior property management will develop and implement marketing and leasing strategy for current portfolio of properties; actively manage and lead leasing for all properties; handle day to day tenant interactions; oversee and manage maintenance techs and leasing agents; 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 (ENCINO, CA) Marcus & Millichap is promoting Adam Christofferson to regional manager of the firm’s Encino 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. | COLLIERS INTERNATIONAL-GREATER PHOENIX (SCOTTSDALE, AZ) Colliers InternationaL-Greater Phoenix is hiring Philip Wurth as vice president. Wurth joins Colliers from Sperry Van Ness in Phoenix, where he was a vice president responsible for marketing and business development of commercial office properties. GRUBB & ELLIS CO. (SANTA ANA, CA) Grubb & Ellis Co. is hiring Paul R. Adkins as managing director of its Washington, DC region. INTEGRA REALTY RESOURCES (FORT WORTH) Integra Realty is hiring Allison Whitehead as an analyst. THE JOHN BUCK CO. (CHICAGO) The John Buck Co. is hiring Lori Healey as a principal. Healey most recently served as president of Chicago 2016, the City’s Olympic bid organization, a position she assumed in January 2009 after serving as Mayor Richard M. Daley’s chief of staff. | BAKER HOSTETLER LLP (ORLANDO) Baker & Hostetler LLP is hiring Lyndie M. James and Kelli A. Murray as associates. PARMENTER REALTY PARTNERS (MIAMI) Parmenter Realty Partners is hiring Catherine D. Rice as managing principal and partner of the firm. Prior to Parmenter, Rice served as the CFO of iStar Financial Inc. KEYPOINT PARTNERS LLC (BURLINGTON, MA) KeyPoint Partners is hiring Jonathan Aron as vice president of investment sales in the firm’s Burlington, Massachusetts corporate headquarters. Aron comes to KeyPoint Partners from NAI Hunneman. | |
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