Retro on the Recovery - 09.21.2010
Yesterday it was announced by the National Bureau of Economic Research's Business Cycle Dating Committee (a group of academic economists that determines the widely accepted benchmarks for US recessions) that the end of the recession occurred in June 2009. By my calculation, that means that we are well into the recovery, and we should all be feeling real good about now. Not! Stay tuned for the next installment in Washington as the bureaucrats flog each other on who has the better answer for moving the stalled economy. We really do deserve better than what is being served up on either side of the aisle.

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.

STRATEGIC CAPITAL SOLUTIONS
Mortgage Loan Officer
(NEW YORK CITY) Strategic Capital Solutions is seeking an experienced commercial real estate mortgage loan officer/originator for its Wall Street area head office. This position requires strong sales skills with a track record of sales success.

COSTAR GROUP
Director of Investor Relations
(WASHINGTON DC) Leading the Investor Relations function for CoStar through a new phase of growth and expansion, the Director of Investor Relations will cross-functionally and cross-departmentally manage the strategic planning, on-going development and coordination of all investor relations activities with the goal of broadening and increasing shareholder value and enhancing the company’s image in the investment community.

THE PALMER TEAM
Capital Markets Partner
(SACRAMENTO) A successful candidate will be responsible for underwriting, marketing, structuring debt and equity, and the management of client relationships. A minimum of a Bachelor’s degree is required, as well as experience in commercial real estate.

CONFIDENTIAL
Asset Manager
(NEW YORK CITY) The position is based in Westchester County, a suburb of New York City, and reports to the Managing Director and Head of Asset Management. The successful candidate will be a real estate professional with a proven track record of managing assets and adding value, in particular within the multifamily sector, but the firm will be making investments in other asset classes in ground up and redevelopment projects.

CB RICHARD ELLIS
Senior Investment Research Associate
(LOS ANGELES) The research analyst will leverage on the global network of CBRE’s research professionals as well as leading economic forecasters to formulate the firm’s in-house investment strategy and conduct portfolio research.

REIT MANAGEMENT AND RESEARCH
Area Manager
(KANSAS CITY, KS) The manager will supervise and select staff with responsibilities across multiple property management function areas, including fiscal operations, tenant relations and engineering/maintenance. He or she will also manage the staff to build a strong team with the breadth and depth of experience to grow the region and to be considered an employer of choice.

DUKE REALTY CORP.
Assistant Vice President
(INDIANAPOLIS) The successful candidate will be responsible for the implementation of Duke Realty's acquisition strategy including covering acquisition opportunities in assigned markets, underwriting deals, negotiating purchase price, and leading internal teams to transaction closing.

STARPOINT MANAGEMENT CO.
Regional Manager
(BEVERLY HILLS, CA) Starpoint Property Management is looking to hire a regional property manager who will enjoy our professional and fun work environment. While the majority our portfolio is in Southern California, we also have properties in San Diego, Atlanta and Santa Fe, NM.

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.

LCOR
(NEW YORK CITY) LCOR, the national real estate and development company, has promoted David A. Sigman to the position of executive vice president. During his career with LCOR, Mr. Sigman has overseen development of a wide range of projects, such as the Class-A office tower at 545 Madison Avenue in Manhattan's Plaza District, the 191-unit Charleston luxury condo in Manhattan's Murray Hill neighborhood, Manhattan's 205-unit Chelsea Stratus condo in the Chelsea district, and the 142-unit 34 Berry residential complex in Brooklyn's Williamsburg neighborhood.

FRIEDMAN REAL ESTATE GROUP
(FARMINGTON HILLS, MI) Friedman Real Estate Group, Inc. announces the promotion of Kevin H. George to senior vice president of the commercial real estate division with Friedman Real Estate Group. Kevin has been with Friedman Real Estate Group since 2000, and specializes in the sale of distressed assets.

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.

KBS CAPITAL MARKETS GROUP
(NEWPORT BEACH, CA) KBS Capital Markets Group (KBS-CMG), an affiliate of KBS Capital Advisors and KBS Realty Advisors, has named Patrick Browne as regional vice president, responsible for Indiana and southern Michigan. For the past six years, he was regional vice president of John Hancock Wealth Management in Zionsville, where he was responsible for variable and fixed annuity sales in Indiana and Ohio.

NIXON PEABODY
(SAN FRANCISCO) International law firm Nixon Peabody LLP announces the arrival of partner Gary P. Downs. Downs, who will be based in the San Francisco office, will work within the firm’s Regulatory & Real Estate Department. Mr. Downs joins from Pillsbury Winthrop LLP where he was leader of Pillsbury’s Public Finance practice and co-head of Pillsbury’s Affordable Housing practice.

AVISON YOUNG
(CHICAGO) Michael McKiernan, Avison Young principal and managing director of the company’s Chicago office, announced today that John Hauser – one of Chicago’s top industrial real estate brokers – has joined Avison Young’s brokerage operations in Chicago. Effective immediately, Hauser joins Avison Young as a principal and will continue his industrial practice in the northern suburbs of Chicago and Southern Wisconsin.