I just received the current issue of Business Week but did not recognize it because it is now Bloomberg Businessweek. What a shock. I didn’t know that the Mayor of New York City now controls what was once my Dad’s favorite business weekly. This is on the heels of my perusal of today’s Wall Street Journal, only to find that it incorporated a New York Section, an obvious attempt to further crush the New York Times, the venerable daily that is getting thinner and thinner. And then, a couple of months ago, Gourmet Magazine, one of the best of the culinary issues on the stand, went out of business. If we real estate types believe that we’re having tough times, try the print media. It’s a carnage. A bit closer to home is the impact of digital media on our business. A word to the wise; contemplate how your corner of the real estate business will be rendered less relevant, or go kaput, like Gourmet.
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
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AMB PROPERTY CORP. Private Capital Communications Manager (SAN FRANCISCO) The manager will gain a clear understanding of high level AMB/Private Capital messaging, audiences, style guides, etc. in order to write copy for all key marketing documents; be responsible for clear, concise writing that carries defined marketing messages and effectively motivates action by the reader; and execute on company and division messaging strategies to ensure a single, unified brand in the marketplace; among other duties.
INREIT REAL ESTATE INVESTMENT TRUST Real Estate Asset Manager (FARGO, ND) The manager will contract with and manage commercial brokers leasing or selling properties; negotiate to secure optimal rents with optimal occupancy; manage the leases on all commercial and net leased properties in concert with the engaged real estate brokerage and property management firms; and negotiate lease agreements with residential and commercial tenants and monitor compliance; among other duties.
CUSHMAN & WAKEFIELD Director of Research (MCLEAN, VA) The director will be responsible for managing research products and analysis; overseeing and direct production of market reports, statistics and forecasts; managing multiple office locations, provide research and support for office, industrial, multi-family and retail sectors; among other duties.
SELECTLEADERS Senior Associate – Acquisitions and Asset Management (NEW YORK CITY) The senior associate will be responsible for underwriting and due diligence of each transaction including financial modeling, market surveys, tenant credit analysis, broker interviews; ordering, coordinating, and analyzing third-party reports; generating offers for investment opportunities and negotiating and executing letters of understanding with prospective sellers; among other duties.
REIT MANAGEMENT & RESEARCH LLC Senior Retail Property Manager (BEE CAVE, TX) The manager will maintain and develop written standard operating procedures for building operations; coordinate all construction work and its impact on the property; ensure efficient, courteous and professional day-to-day operation of the management office; and be responsible for all aspects of the financial stability of the property; among other duties.
FORE PROPERTY CO. Vice President Property Management (Multi-family) (LAS VEGAS) The VP will be responsible for property level profitability; preparing successful marketing plans; maintaining asset quality; overseeing leasing; and personnel management; among other duties.
BERKSHIRE PROPERTY ADVISORS, LLC Acquisitions Analyst (NEW YORK CITY) The analyst will support the senior partner and one additional principal in underwriting and modeling transactions; assist in due diligence of transactions under consideration; and assist in developing the necessary information and analysis to support capital raise efforts; among other duties.
SELECTLEADERS Analyst – Investment Banking (NEW YORK CITY/WASHINGTON, DC) The analyst will develop and maintain models to depict projected financial results and to value companies; work closely with senior bankers on presentations, financial analysis, and the preparation of financial projections and models; and support various financial analyses, including valuations and merger consequences; 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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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.
By Igor Pleskov and Ian M. Livaich | April 29, 2019
On April 9, the Pennsylvania Superior Court held that a commercial landlord was entitled to recover certain portions of unpaid additional rent under a lease agreement but limited the landlord's recovery based on the statute of limitations.
“We are looking to grow our footprint at this point,” said partner Lynda Galligan, who has led the firm's California growth. “We have everything covered, it's just a matter of growth.”
In today’s rapidly changing real estate landscape, staying ahead means understanding what’s next. Discover key strategies and emerging trends driving the future of corporate real estate.
Explore the transformative power of centralizingCRE lease data and accounting functions. Access this on-demand webinar to discover cost-saving strategies, real-world case studies, and how to achieve compliance effortlessly.
Job Opportunities
Promotions No more than one submission per company will be considered per week.
