Back to the Center, and Ciao to the Left
This was a big week for the Obama Administration and for the economy at large. The passage of the tax legislation last week provided the framework for a much stronger foundation for the long-awaited recovery. We wondered if Obama would move to the right, but go figure that he would leap-frog to the “center” on the heels of the general election. We continue to experience increased strategic hiring activity across most real estate sectors, and a possible centrist political scene will reinforce the positive outlook for 2011. And with that, rest easy. Best wishes for a healthy, happy and relaxing holiday week ahead.

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.

JONES LANG LASALLE
Facility Management/Business Development – Senior Vice President
(WASHINGTON, DC) The SVP will advise on all aspects of large-scale privatization or other public sector projects, including property management, development, construction, finance and legal document review; pursue new business and identify areas for growth in conjunction with the firm’s national Public Institution’s leadership team and local markets personnel; and develop internal network to source new public-sector business opportunities in partnership with other business units to assist in achieving firm-wide objectives; among other duties.

GRUBB & ELLIS
Managing Director
(SANTA ANA, CA) The managing director will create financing solutions for extensive portfolio of commercial real estate; work with lenders/servicers restructuring secured debt; provide ongoing to support to asset management team in repositioning assets; develop third party equity sources for recapitalizing existing portfolio; and review and negotiate loan documentation; among other duties.

ERNST & YOUNG, LLP
Design & Construction Space Planner
(HONG KONG) The planner will establish a consistent process for collating space planning data across the Sub-Area; develop close working relationships with key stakeholders across the area, to obtain data in a timely manner and clarify space planning information; manage ongoing density, hot-desking and metric reporting, with a particular focus on the impact of such activities on profit and loss (PL); and advise and manage hot-desk and density ratios, manage regular needs analysis by Sub-Area, country, office and service line and advise on exceptions; among other duties.

PRUDENTIAL
Vice President, Marketing and Client Service
(SAN FRANCISCO, CA) The VP is responsible for working closely with the marketing director in San Francisco, strengthening relationships with existing clients and consultants and where appropriate developing new prospects; developing client knowledge, focusing on client's size, current real estate allocation; coordinating and responding to RFPs, requests for information, and questionnaires from clients, prospects and consultants; ensuring information relating to PREI and current product offerings is posted on assigned consultants' databases and updated on a regular basis and as required; among other duties.

BROOKFIELD ASSET MANAGEMENT, INC.
Analyst, Asset Management
(NEW YORK CITY) The analyst is responsible for financial modeling of existing investments, as well as pending investments for the fund, using both Argus and Excel; creating, maintaining and updating models of existing or proposed funds; calculating realized and projected IRRs and multiples as required for investor reporting both for investments and for the fund(s); assisting with analytical aspects of quarterly / annual investor reporting; and real estate market research, both in new and existing markets; among other duties.

COLLIERS INTERNATIONAL
Regional Finance Manager
(IRVINE, CA) The manager will develops and maintain a strong service orientation; ensures timely and effective support to all departments relative to accounting, analysis and controls; ensure timely closure of the books each month; provides active support to monthly variance analysis and management reporting; and lead forecasting and budgeting efforts for the greater Los Angeles region; among other duties.

NORTHMARQ CAPITAL, INC.
Investment Analyst
(SAN DIEGO) The analyst will prepare preliminary and final investment reports in compliance with company guidelines and investor requirements; perform loan underwriting including financial analysis, coordination of due diligence materials, inspection of properties and ordering and analyzing credit reports and other pertinent underwriting criteria; and prepare summary analysis of leases for use in investment reports; among other duties.

INVESCO REAL ESTATE
Underwriter
(DALLAS) The underwriter will be responsible for preliminary valuation analysis of potential acquisitions of institutional quality multi-family, industrial, office, and retail properties; create thorough and concise investment packages and co-present the final investment recommendation to the IRE investment committee; evaluate the impact of client fees on potential returns at varied risk adjustment levels; and perform and understand financial modeling such as discounted cash flow for both leveraged and unleveraged structures and/or joint ventures; among other duties.

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.