Vet Bet

There was an important article in Monday's Wall Street Journal about the growing focus of corporate America to hire young military veterans. Shockingly, the unemployment rate for young vets is almost 3% higher than for non-veterans, and unfortunately, there is an increasing flood of newly minted vets who are joining the workforce in a very choppy economy. I have had an opportunity to speak with numerous real estate property and asset management hiring managers who have actively focused on hiring military vets, and they have universally found that the caliber of their training, discipline, and focus provides an exceptional foundation for these roles. Once hired, they learn fast and perform well above average. I propose that we all evaluate our hiring plans, and include the recruiting of military vets high on the list. It's a good and smart thing to do.

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.

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CIM GROUP
Associate-Investments
(LOS ANGELES) The associate will be an integral part of the Investments deal team, responsible for handling the majority of the financial modeling, research, and underwriting of an investment. Duties include analyzing potential acquisition and development opportunities to include cash flow modeling, property valuations, investment analyses (IRRs, sensitivity tables, etc.), and joint venture structuring; supporting deal team by independently performing market research of investment districts and other market data by utilizing CIM resources, such as relationships with external experts, to inform decision making; and supporting the transaction due diligence and closing processes. In addition, this position will collect due diligence materials, utilize information to adjust underwriting, and coordinate with legal and accounting departments to facilitate the closing of a transaction

PROLOGIS
Senior Property Manager
(EAST RUTHERFORD, NJ) The senior property manager will coordinate customer relation functions and holiday activities/gift distribution; assume accountability for the property revenues and expenses and use sound financial measures to ensure that the budget and financial goals are met; prepare operating and capital budgets; establish estimated/actual recoveries; coordinate operating expense reconciliations with the accounting department; communicate tax issues to senior management; manage insurance requirements for properties and associated vendor/supplies; and manage the AP/AR invoicing process for site.

NBIM
Portfolio Manager
(NEW YORK CITY) The successful candidate will join NBIM as a portfolio manager in the Real Estate Asset Strategies team. The portfolio manager will source, invest, hold and divest property interests in North America. Specific duties include sourcing investment opportunities; leading and executing transactions; identifying, negotiating and establishing joint ventures; monitoring existing investments and relationships; representing NBIM vis-

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