O Canada

O Canada

Our allies across the northern border are doing just fine, thank you. REITs and Public companies raised $3 billion in 2009, with 50% raised in the 4th quarter. The Canadian Banks escaped the debacle that setback the US banking system, so credit is flowing—relatively--more freely. Fundamentals remain strong in portfolios across most asset classes. The commercial office sector is okay, but more money is chasing industrial. Nevertheless, most companies remain tentative on the hiring front, but we are starting to see Canadian real estate companies "dip their toe in the water" with selective hiring. Overall, a good report card.

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

BROOKFIELD PROPERTIES
Manager, Construction
(HOUSTON) The manager will be responsible for preparing budgets, estimates and documentation for project approval, tenant (or other) allocations, requisition approvals, as well as any project-specific reporting needs; developing and maintaining a project schedule, as well as reporting and mitigating deviations; and tracking all job costs; among other duties.

GULFSTREAM CAPITAL PARTNERS
Acquisitions Analyst/ Associate
(DALLAS) The analyst will participate in all aspects of the real estate investment process; analyze and prepare detailed, complex financial models for potential acquisitions, including acquisitions of distressed assets and/or debt; and lead due diligence process for potential acquisitions; among other duties.

JONES LANG LASALLE
Occupancy/Space Planner Manager
(WEST POINT, PA) The manager will support the director of occupancy planning & move management; coordinate intra-zone activities at their assigned sites; forecast and manage operating budget for assigned staff, moves and changes; and provide input for planning annual and long-range capital budgets; among other duties.

BANK OF AMERICA
Market Planner - New England / Northeast Region
(CHARLOTTE, NC) The market planner will understand key business and market drivers and integrate them into workable implementation plans that support business needs and meet portfolio performance targets; develop comprehensive metro plans including workable options, financial impacts, timelines over a multi-year time horizon; and develop workforce and demographic analysis for metro plans; among other duties.

COLONY
Vice President, Asset Management
(SANTA MONICA, CA) The VP will manage non-performing loans; manage, assign and delegate work flow to maximize productivity; restructure assets via modification, discounted payoffs, etc.; and coordinate the sale of assets acquired via foreclosure; among other duties.

AIG GLOBAL REAL ESTATE
Vice President, Client Relations
(NEW YORK CITY) The vice president will work with MD Client Relations to manage all formal and informal relations with the investors, including periodic portfolio update meetings, fund reporting, capital calls, client events, annual meetings, and advisory committee meetings; and continuously work to improve the content and quality of reports based on industry standards and feedback from clients; among other duties.

DRA ADVISORS LLC
Asset Manager
(NEW YORK CITY) The asset manager will carry out strategic goals at the property level through leasing and implementation/completion of capital improvements, as well as completion of some development projects; among other duties.

SELECTLEADERS
Senior Associate--Investments and Acquisitions
(NEW YORK CITY) The senior associate will • Source investment opportunities for equity acquisitions in the office, multi-family and urban retail sectors, as well as investment opportunities in mezzanine debt/preferred equity originations and subordinate capital acquisitions including mezzanine debt, preferred equity and senior debt; 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.

HVS
(NEW YORK CITY) HVS is promoting Anne R. Lloyd-Jones , CRE and Roland deMilleret , MAI as managing directors of the Consulting and Valuation service of the HVS office in New York.

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.

GRUBB & ELLIS CO.
(PHOENIX) Grubb & Ellis Co. is hiring Pete Bolton as executive vice president, managing director.

THOMPSON NATIONAL PROPERTIES, LLC
(IRVINE, CA) Thompson National Properties is hiring Michael Borgatti as senior vice president of sales - South Central region. Previously, Borgatti served as regional vice president at Pacific Life Insurance Co.

JOHNNY ROCKETS
(LAKE FOREST, CA) Johnny Rockets is hiring Carl Arena as senior vice president of development.

COMMERCIAL REAL ESTATE WOMEN-LOS ANGELES
(LOS ANGELES) The CRE Women-Los Angeles 2010 has named its advisory board: Mary Kasper, VP general counsel and secretary - Fresh & Easy Neighborhood Market Inc.; Christina Deschaine, principal- Lee & Associates; Michael Gottlieb, editor-California Real Estate Journal; Jeff Hudson, CEO-George Elkins Mortgage Banking Co.; Frank Jansen, SVP special projects group-Chicago Title Co.; Carmela Ma, president-CJM & Associates; Kristina Raspe, Associate Sr. VP Real Estate Asset Management-University of Real Estate – University of Southern California; and Sandy Yavitz, president-Yavitz Companies Inc.

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NOT FOR REPRINT

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.