| At Your Service Last week I reported that recruiting activity is on the rise, and I foresee that 2011 will be a year that finally produces a recovery on the hiring front. Reinforcing that view, over the past week I have had conversations with senior executives from a few of the major commercial service firms and I heard a common theme; transactional volume is up, beating most budgets for 2010. This activity is across the board. Leasing, investment sales, consulting, all are revving-up at a rate that portends that 2011 could turn out to be a “relatively” great year in comparison to the carnage of the past 30 months. Further reinforcing this view is the buoyant Wall Street, and the report yesterday that the White House and the Republican side of the aisle agreed on extending the Bush tax cut across the board. Thank goodness, the tentative recovery did not need an increase in taxes that could have dampened the turnaround.
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. |
| KBS REALTY Investment Associate (WASHINGTON, DC) The investment associate will review, underwrite and recommend potential acquisitions; prepare initial draft(s) of investment summaries; and collect market data/statistics, including occupancy/vacancy/delivery/etc.; among other duties. MASSEY KNAKAL REALTY SERVICES First Vice President of Sales (NEW YORK CITY) The first VP of sales will be responsible for business development??direct sales / sales of investment properties??act as the sole expert of a territory; and exclusively represent the seller; among other duties. CORPORATE OFFICE PROPERTIES TRUST Manager of Corporate Accounting (COLUMBIA, MD) The manager will prepare, distribute and consolidate all internal cost department budget packages; direct all accounting for share based compensation and serve as financial expert; and serve as a financial advisor for the human resources; among other duties. SELECTLEADERS Vice President Business Development, Asset-based Lending (NEW YORK CITY) The VP will develop, establish, and maintain customer relationships among targeted groups, such as asset-based lenders, restructuring groups, and hedge funds; and research and attend appropriate industry conferences, breakfast meetings, national and regional industry groups, promoting company brand at all times; among other duties. SELECTLEADERS Analyst (ATLANTA) The analyst will be responsible for financial analysis and underwriting; assisting in preparation of offering materials and new business presentations; and gathering and evaluating real estate market data; among other duties. THE TOWNSEND GROUP Fund Administrator (CLEVELAND) The fund administrator will initiate wires on a daily basis, as required, at managers’ request including entering wires and receiving approval by portfolio manager; download manager information from websites and enter accordingly into Townsend’s proprietary system; and assist fund of funds controller with banking balances and lines of credit; among other duties. HOLLIDAY FENOGLIO FOWLER, L.P. Senior Real Estate Analyst Investment Sales (CHICAGO) The analyst will be responsible for developing pro-forma financials; gathering and evaluating economic, demographic and real estate market data; preparing presentations, offering memoranda and financial reports; and reviewing and analyzing legal documents and other materials; among other duties. CB RICHARD ELLIS Assistant Real Estate Manager (ARLINGTON, VA) The manager will respond to tenant needs and coordinate with maintenance staff to resolve problems; maintain positive relationships and high retention levels with all tenants; respond to all problems and concerns and ensure compliance with rules and regulations; interact regularly with property owners to ensure that objectives are being met; anticipates and responds to owner’s needs and concerns; and oversee the preparation of accurate, timely and complete reports; and support the planning, budgeting and control of operating and capital expenditures; among other duties. |
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