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ZagGoo

Every holiday season I wonder how many copies of the New York Zagat dining guide I will receive from service firms and friends who yearn to help me find the best places to dine. Alas for paper, and for my gift-giving friends, I now use Yelp, Dragon Go, Around Me and a host of other mobile apps that support my hunt, real time, for the best veal parmigiana as I stroll through Little Italy. Google recently acquired Zagat and is ready to launch Google Local Plus, a site that will incorporate the full array of Zagat information and ratings. It's not surprising that Google made this move because 20% of all searches on Google are for nearby information — and 40% for those using mobile phones! Google contends that it will continue to print the Zagat guidebooks, but it's only a matter of time before the books go the way of Kodachrome film and the travel agent. All of this made me think about how the real estate business is going to increasingly become "app'd." Imagine: Apartment hunters will walk the streets with the Apartment Source App and will be able to view available apartment lists, will have access to hundreds of reviews by tenants and neighbors who tell it like it is - crummy landlords, bedbugs, dirty lobbies, rusty pipes – along with real-time price grids to help renters decide to move on to the next offering. Beware commercial office brokers – the Office Source App will soon follow.

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 LOCATE A JOB

TERRANOVA CORP.
Property Manager
(JACKSONVILLE, FL) The property manager will oversee the day-to-day operations of the building support systems and manage the contractors and vendors supplying service to the properties. The candidate will also be responsible for implementing and maintaining the building systems and emergency plans and making recommendations for corrective measurements and/or efficiency improvements at the properties. This position will also develop, manage, and administer the budget and monthly variance analysis. Experience with accounts payables processing, Service contracts, certificates of insurance, and tenant leases required.

CB RICHARD ELLIS
Transaction Manager
(ATLANTA) The transaction manager will provide real estate transaction services for clients; prepare, recommend and implement a strategy for property acquisition and disposition; coordinate sales negotiations through a field broker; negotiate lease and lease amendments; monitor lease expirations; locate and acquire new properties to meet client timelines; dispose of surplus properties; resolve landlord and tenant disputes; and monitor and maintain a tracking system to ensure timely project completion.

SELECTLEADERS
Acquisitions Associate
(NEW YORK CITY) Our client seeks an acquisitions associate to perform market research; financial underwriting, due diligence, valuation, debt analysis; quantitative analysis and structuring; transaction support and execution; and preparing offering materials and presentations to prospective clients. A minimum of three to five years of commercial real estate along with acquisitions experience is required.

AVALONBAY COMMUNITIES
Development Manager
(BELLEVUE, WA) The development manager will be responsible for managing all phases of the development of multi-family rental communities. This includes market analyses, financial analyses, site selection and budgeting, design, management of the entitlement process including presentation before municipal and other regulatory boards, and participation in the construction/lease up process.

SELECTLEADERS
Senior Vice President, Real Estate, Design & Construction
(SOUTHERN NJ) Our client is one of the world's largest hospitality companies working across borders in North America, Hawaii, Caribbean and South Pacific, etc. The company is known for its commitment to quality real estate development and customer experience. Reporting directly to the global head of real estate, the senior vice president for development and construction will be responsible for supervising the planning and execution of all construction projects for the company.

MIRA
Vice President, Sales and Marketing
(TODOS SANTOS, BAJA CALIFORNIA, MEXICO) MIRA, founded by Black Creek Group in 2007, is a fully integrated real estate investment and development company focused on residential and residential-related assets in Mexico. As the vice president of sales marketing, the successful candidate will be primarily responsible for Sales with secondary emphasis on marketing. The vice president will supervise and manage the day-to-day activities of sales associates, hosts/hostesses, administrative staff and the marketing coordinator at a minimum. This role is highly visible throughout both MIRA and Black Creek, as it will drive the sales performance that is so critical to the community's success. A demonstrated leadership in the sale of residential real estate with a heavy emphasis on lifestyle communities required.

COMBINED PROPERTIES
Senior Director - Development & Acquisitions
(BEVERLY HILLS) Combined Properties, Inc. owns, develops, manages, operates and acquires shopping centers and mixed-use projects in urban areas of Los Angeles and Washington DC. This position will be required to enhance our development and acquisition team by bringing the right set of negotiation, networking, problem solving, analytical and management skills to the company's team. Experience in retail and urban development is required.

PROLOGIS
Financial Analyst
(CHICAGO) Prologis seeks a financial analyst for the senior vice president responsible for dispositions and multi-market/portfolio acquisitions for the Americas based in the company's Chicago office. This position will be responsible for providing financial and cash flow analysis and due diligence support and analytical support for industrial real estate acquisitions and dispositions including lease analysis. Bachelor's degree required. Three to five years of experience also required.

Promotions SUBMIT A PROMOTION

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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