The Cliff
Next to having to endure the last two years of electioneering, the most extreme daily pain that we are suffering is listening to minute-by-minute updates on the fiscal cliff. I read a great article recently that observed that the “cliff” has crept into lexicon. The best is the latest pastry delight, Cliffmas Cookies. The winery that offers Cliffside Wine has seen its sales skyrocket since the cliff came into vogue. The most excited winner of the fray over the cliff is publisher John Wiley & Sons who owns the students best friend, Cliff Notes. The publisher is planning to roll out a new offering, “Fiscal Cliff for Dummies”. Alas, the situation in Washington is no joke. Let’s hope that the President and both sides of the aisle come to their senses in the days ahead and avoid “the cliff”.
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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JOHNSON & JOHNSON Manager, Real Estate Transactions and Planning (NEW BRUNSWICK, NJ) The position will be responsible for managing all facets of real estate transactions including acquisition and disposition of leased and owned properties. The candidate will lead activities necessary to initiate and complete real estate transactions – this includes understanding the business need, identifying options, engaging brokers, performing market analysis, coordinating preparation of due diligence analysis, valuations and appraisals, Letters of Intent, RFPs, financial analyses and lease/buy analyses, assisting in development of the business case and preparation of Capital Appropriation Requests, and leading the contract negotiation of leases and purchase/sale agreements.
BRANDYWINE REALTY TRUST Financial Analyst (FALLS CHURCH, VA) The position will support the regional asset manager in the tracking, quality assurance and reporting of leasing, operational and financial outcomes and trends. Job responsibilities include, but are not limited to: budget and reforecast portfolio leasing; maintaining executed deal terms; lease administration quality assurance; working with leasing team to track leasing pipeline and establish deal economics, short- and long-term; working with leasing team and legal counsel in preparing lease documents; ensuring leases comply with internal, joint venture and lender requirements; performing due diligence/credit evaluation on prospective tenants; and assisting Regional Asset Manager with credit risk resolutions.
CUSHMAN & WAKEFIELD Senior Property Manager (MCLEAN, VA) The position will be responsible for managing one or more commercial properties, multi-asset facilities, or a complex in an efficient and value enhancing manner that is consistent with the overall strategic plan for each property, facility or complex; assuming accountability for all business, financial, personnel, and management aspects of the assigned properties including preparing, implementing and adhering to the approved strategic plans, individual and overall budgets, coordinating and leading the management and staff of each property, and monitoring the supervision of the day-to-day activities of the property staff in delivering services and support to the client and tenants; and acting as the primary liaison with the client or owner and leading staff in the coordination of services and activities, financials, vendor selection and services, and manpower required for current and future needs of the building and operations.
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