LinkedIn or Cutout
Last week LinkedIn’s initial public offering roared out of the gates pricing at $45 per share, at the extreme top-end of the underwriters expectations, providing it with a healthy valuation of $4.25 billion. It was the biggest US Internet IPO since Google, but interestingly, the company only made $15.4 million in 2010, reflecting a new investing craze in the Internet space. But what is more important is the explosive growth of LinkedIn members currently exceeding 100 million, and according to the company, they are adding a new member every second. That works out to be 31.536 million new members per year. However you slice it, it’s a remarkable portal for professionals. If you are not registered on the site--and updating your professional information regularly--you are missing out on one of the most significant leverage points for your career. It’s not only about job hunting, it’s a network that you can use daily to communicate with other professionals who have shared interests or information. As evidenced by LinkedIn, career management is a whole new game today, and smart professionals are well advised to get on the bandwagon.
Tony LoPinto is the Global Sector Leader 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 <!--PALMER CAPITAL, INC.
Capital Markets Partner
(SACRAMENTO) The partner will be responsible for underwriting, marketing, structuring debt and equity, and the management of client relationships; among other duties.
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FRANKLIN TEMPLETON INVESTMENTS
Vice President of European Private Equity Real Estate
(LONDON) The VP will have extensive and proven experience in investing in private equity real estate funds; strong understanding of European real estate markets, and in depth knowledge of private equity real estate fund investments in Europe; and comprehensive understanding of institutional investment standards; among other duties.
CB RICHARD ELLIS
Director, Asset Services
(HONOLULU) The director will be responsible for business unit's financial performance in market or region within market; provide recommendations for tactical and strategic planning; provides market analysis and asset positioning consultation; and assist in acquisition underwriting and due diligence; among other duties.
GOOGLE INC.
Real Estate Planning and Analysis Manager
(MOUNTAIN VIEW, CA) The manager will shape and direct the continuous improvement of all real estate planning processes, including identifying global portfolio initiatives, establishing repeatable and rigorous planning processes, delivering key planning outputs and reports and developing tools and systems; and manage portfolio lease administration team to ensure global data and accounting compliance and quality control; among other duties.
THE SITUS COS.
Vice President SRS
(HOUSTON) The VP will have comprehensive knowledge and understanding of commercial real estate, due diligence process, commercial lending policies, and credit and risk management policies; have in-depth project management approach to multiple transactions; a full understanding of property sectors and their different investment characteristics; and be able to identify risks and potential mitigants for property related issues.
JONES LANG LASALLE
Senior Associate/Vice President
(STAMFORD, CT) The associate will establish a leading advisory role to the satisfaction of the client and to in support of the objectives of the service delivery contract; coordinate and lead project teams consisting of client, advisory and service delivery team members; strengthen long term client commitment by maximizing support from all parts of the organization; and create program materials and content to support excellence in corporate real estate planning and management; among other duties.
LUCESCU REALTY
Sales and Marketing Manager
(NEWPORT BEACH, CA) The manager will prepare and issue press releases on closed transactions, company news and events; field broker calls regarding properties for sale; handle all marketing efforts for the company: oversee mailings, listing information, etc; and negotiate ad space, ad placement, and pricing with advertisers; among other duties.
CORPORATE OFFICE PROPERTIES TRUST
Leasing Representative
(HUNTSVILLE, AL) The representative will manage leasing activity to maximize the value of the assigned portfolio; perform marketing activities to include prospecting for tenants, marketing to brokers and agents, developing presentations and writing lease proposals; and participate in the budget process and maintain awareness of property financial performance relative to budget; among other duties.
EQUITY RESIDENTIAL
Regional Manager
(LOS ANGELES) The manager will provide supervision of the overall operations of each community in his/her portfolio with a clear understanding of Equity's objectives and the community's economic and physical requirements; and oversee six or more assets depending on experience and complexity of the communities; 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.
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