Grease or Greece

Let’s get a grip here. Just when we thought that we were out of the woods and heading toward recovery, the Greek debt crisis reared its ugly head and global markets shuddered. I’m afraid that we are not quite out of the woods, and the repercussions of the global economic condition may still stall the US recovery. But the good news is, for us real estate types, that the United States is viewed, by most offshore investors, as a safe-haven for investment opportunities. Ergo, the European debt crisis, and the distress in other foreign lands, will increasingly focus investment activity back here in the US of A. That’s good news for investment brokers in the core US markets. You say tomato, I say tomah-to.

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
TRICAL CONSTRUCTION, INC. National Director of Marketing and Leasing (MARINA DEL REY, CA) The director will review and evaluate current marketing and leasing efforts, brokers and properties to enhance marketing and leasing results; conceptualize, develop, implement and manage the company’s multitenant office and flex/industrial marketing and leasing program, including a qualitative evaluation tool to track and analyze its effectiveness, in order to achieve the company’s objectives to affirmatively locate, market and lease to national, regional and local tenants rather than waiting for tenants to find a particular property; as well as day to day operation and management of marketing and leasing program, including communication with brokers, facility directors and in-house executive team; among other duties. COSTAR GROUP Market Advisor (ATLANTA) The market advisor will significantly deepen knowledge and understanding of local market conditions through on-the-ground research and active dialogue with local customers, investors, and other industry participants; through the synthesis of data and market events, effectively communicate our outlook on the market to clients, industry participants, and prospects through written analysis, verbal presentations and webinars. Commentary should be clear, concise, insightful, and provide meaningful and actionable analysis for clients at the market, submarket, and micromarket level; among other duties.
DEUTSCHE BANK BERKSHIRE MORTGAGE FHA Asset Manager–Multi-Family (NEW YORK CITY) The asset manager will perform all asset manager tasks for a portfolio of assets/loans (currently 85); understand HUD regulations and requirements; contact borrower for property operations and concerns; review and forward to HUD for approval releases for all reserves; manage compliance and fulfillment of requirements for LOC releases; among other duties. GROSVENOR Finance Manager (SAN FRANCISCO) The finance manager will take a central role in strategic planning process, interfacing with all functional units; conduct extensive financial modeling and analyses for cash flow forecasting and treasury management; assist CFO and VP Finance with new financings: preparation of underwriting packages, review of loan documentation, testing of financial covenants, and preparation of loan abstracts; and monitor performance of assets and joint ventures; among other duties. CIM GROUP, LP Senior Analyst, Investments (OAKLAND, CA) The senior analyst will be responsible for financial modeling, underwriting investment opportunities, analysis of due diligence materials, market research and oversight of acquired assets. Principle duties and responsibilities include: analyze and underwrite potential acquisition and development opportunities to include cash flow modeling, property valuations, investment analyses (IRRs, sensitivity tables, etc.), and joint venture structuring; among other duties. THE WENTWOOD COMPANIES Vice President Property Management (AUSTIN, TX) The vice president will oversee effective and efficient operations with Westlake Housing staff, including bookkeepers, compliance staff, regional managers and facilities manager; address staffing issues and hiring needs; communicate effectively with owner on all property issues and assist with the identification of improvements/solutions; among other duties. HOLLIDAY FENOGLIO FOWLER, L.P. Real Estate Analyst (ATLANTA) The analyst will develop pro forma financials, gathering and evaluating economic, demographic and real estate market data, preparing presentations, offering memoranda and financial reports, reviewing and analyzing legal documents and other materials as part of the due diligence process or as part of on-going property oversight; among other duties. JONES LANG LASALLE Strategic Consulting Vice President (NEW YORK CITY) The strategic consulting VP will develop complex corporate real estate strategies supported by demographic and financial analyses to provide, communicate and implement creative approaches that will allow our client’s to optimize their real estate solutions; proactively manage execution of client engagements to ensure excellence, consistency and profitability; provide required business case and other documentation necessary to enable clients to implement our recommendations; 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.

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CUSHMAN & WAKEFIELD (NEW YORK CITY) Cushman & Wakefield is promoting A. Mitti Liebersohn to vice chairman the firm. He was previously an executive vice president. FARBMAN GROUP/NAI FARBMAN (SOUTHFIELD, MI) Farbman Group/NAI Farbman is promoting Julie Durak and Christianna Stempnik to co-creative director.
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.
MERIDIAN CAPITAL GROUP, LLC (NEW YORK CITY) Meridian Capital Group is hiring Moshe Majeski as a managing director. JONES LANG LASALLE (CHICAGO) Jones Lang LaSalle is hiring Brenda Crisp as senior vice president and leader of the firm’s Midwest Industrial Property Management practice. CASSIDY TURLEY (ST. LOUIS) Cassidy Turley is hiring Craig M. Robinson as president of corporate services. BERKADIA COMMERCIAL MORTGAGE (HOUSTON) Berkadia Commercial Mortgage is adding Cutt Abelson and Jonathan Gilfillan. Both are senior vice presidents and report to senior vice president Mike Bryant. Prior to joining Berkadia, Abelson and Gilfillan were mortgage bankers with the Houston office of Grandbridge Real Estate Capital LLC having spent seven years with its predecessor, Live Oak Capital. CRESAPARTNERS (MIAMI) CresaPartners is hiring Jason Carter as an associate, specializing in tenant representation. Most recently, Carter was with Holly Sime Realty where he provided strategic real estate solutions to clients. CUSHMAN & WAKEFIELD (NEW YORK CITY) Cushman & Wakefield are hiring William S. Elder as senior managing director in its Strategic Agency Services Group, based in Midtown Manhattan. AMERICAN REALTY CAPITAL (NEW YORK CITY) American Realty Capital is hiring William C. Miller Jr. as EVP and managing director of National Products. GRUB & ELLIS CO. (DALLAS) Grubb & Ellis is hiring Trae Anderson as senior vice president, Office Group. John Clark and Robert Lundin are also joining as senior vice presidents, but in the Chicago Office Group.

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