Wealthy Folks

First let me wish all of the readers of Executive Watch a belated Happy, Healthy, and Prosperous New Year. Frankly, I am happy to have 2012 behind us. The long and painful election process, followed by daily, hourly, and by the minute coverage of the "Fiscal Cliff," and even worse, foreboding of a "Fiscal Abyss" drove me crazy. Thankfully the Senate and House bureaucrats voted a budget compromise into law last week. However, the rhetoric, political jockeying, and self-serving approach by the executive and legislative branches is embarrassing, and frankly we Americans deserve better than what is dished out in DC. Of greater concern were two themes that were woven into every speech that are divisive. The first is the reference to the "middle class," reinforcing unhealthy class distinctions. I prefer "middle income." The second has been the President's attack on the "wealthy." Everyday, in every speech, we continue hear how the "rich" do not do enough. I'm looking forward to the day when the President is out of office and cut's his autobiography deal for millions of dollars, and then, hit's the speaking circuit at $100,000 a pop. Then he'll be among those wealthy folks.

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.



JONES LANG LASALLE
Marketing Director, New England
(BOSTON) The position will assume overall leadership and responsibility for the development and execution oversight of a marketing strategy for the New England market businesses, including sales support/business development, marketing collateral, social media, e-marketing, internal communications, local client events, local advertising, property marketing, identifying speaking engagements, and sponsorships and community and civic involvement.

CARLISLE DEVELOPMENT GROUP
Regional Property Manager
(MIAMI) The regional manager will be responsible for the marketing, administration, and management of all the communities within their sphere of responsibility. Regional managers must demonstrate an ability to lead and to motivate, and to manage multiple projects and multiple sites. College degree, CPM designation preferred. Experience with LITHC and multi-site responsibility is required and he/she must be familiar with property management software, (Yardi preferred).

METLIFE GROUP
Marketing & Investor Relations Associate
(DALLAS) The associate - marketing and investor relations will be responsible for coordinating ad hoc requests, creating presentations, compiling data, and managing investor inquiries in a manner which contributes to successfully executing MetLife's real estate third party asset management initiative. Duties include completing the preparation of requests for proposals, requests for information, and frequently asked due diligence questions, in support of fundraising and investor relations activities; handling any ad hoc investor questions, not addressed in MetLife's standardized due diligence questionnaire; and actively maintaining research on third party asset management competitive set, including recent news, emerging trends, major capital markets activities, and any potential regulatory changes.

BIOMED REALTY TRUST
Senior Associate, BioMed Ventures
(SAN DIEGO) The senior associate will evaluate the scientific, technical, IP, commercial and management strengths and weaknesses of company and/or platform technology under consideration, or in the case of venture fund investments the fund's investments team and performance. In addition, this position will assist in the due diligence and preparation of investment memorandums which summarize scientific, strategic, commercial, personnel, and financial due diligence findings and recommendations; monitor and report on general industry trends affecting the life science sector; and assist BioMed Realty's real estate teams (finance, leasing, operations) as needed in the evaluation of current or prospective real estate portfolio companies.

NAI GLOBAL
EVP - Business Development & Counsel
(NASHVILLE) The executive vice president - business development/attorney reports is a key member of the global leadership team, with primarily responsibility for execution of the company's growth strategies and initiatives. Duties include advising and structuring various real estate matters and draft, reviewing and negotiating various types of agreements in connection with such transactions; drafting, reviewing and negotiating various types of customer, membership, vendor and other general business contracts; conferring with executives regarding general corporate initiatives to assess legal risks to the company and planning actions to control or minimize such risks; and handling other in-house counsel-related matters.

CUSHMAN & WAKEFIELD
Strategic Portfolio Manager
(PLANO, TX) Specific duties include serving as the point of contact to client's CRE and business groups as it relates to occupancy strategy, capacity planning, workplace standards, change management and space management implementation; consulting and supporting the client to actively drive improvement and efficiency within RNAM's real estate portfolio (portfolio optimization); providing strategic insight into the client's workplace strategy and align with a strategic portfolio plan supporting the company's business goals; and leading long-term and short-term capacity and portfolio planning efforts.

HARBOR GROUP INTERNATIONAL
Sr. Vice President of Finance
(NORFOLK, VA) The senior vice president of finance will be responsible for managing the accounting and treasury activities for properties, partnerships and corporate entities, and for maintaining an appropriate internal control environment. Primary responsibilities include: ensuring that appropriate internal controls are in place and documented; maintaining relationships with key operating team personnel and ensuring that communication is open between the accounting and operations team; evaluating processes for best practices and efficiency; and partnering with the CFO in key special projects.

CIM GROUP
Vice President, Development
(LOS ANGELES) Responsibilities include managing all phases of the development and/or redevelopment of assigned properties from the time of initial site acquisition through stabilized occupancy. The development manager operates as a vital member of the deal team assigned to a given investment and lead by a Investments deal lead. The vice president will have as resources within the deal team's in-house investment analysts and associates, leasing directors, capital markets, property management, leasing and accounting professionals. The vice president will be expected to perform the lead role in actively managing the entitlements, design, pre-construction and construction phases on development investments.


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CBRE
(LOS ANGELES) CBRE Group, Inc. has appointed Mike Lafitte Global President, CBRE Services. Lafitte previously served as President, Americas, where he oversaw CBRE's largest business segment, with more than $3 billion of annual revenue and more than 20,000 employees.

MARCUS & MILLICHAP
(CHICAGO) Marcus & Millichap Real Estate Investment Services has elected John S. Sebree vice president. He will continue in his role as the national director of the firm's National Multi Housing Group (NMHG), a position he has held since November 2011.

JONES LANG LASALLE
(SAN FRANCISCO) Jones Lang LaSalle (NYSE:JLL) announced today that Christopher T. Roeder and Michael Casolo have joined the firm's top leadership group by being named international directors. Roeder has consistently been a top producer in the San Francisco market where he is responsible for the San Francisco brokerage team and developing strategic leasing plans for institutional landlords. Casolo joined Jones Lang LaSalle in 2008 to support corporate clients in the Western United States with cost, performance and efficiency solutions.


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LILLIBRIDGE HEALTHCARE SERVICES
(CHICAGO) Lillibridge Healthcare Services, Inc., a Ventas-owned firm with a healthcare real estate portfolio of 408 medical office buildings, named Charles W. Wagener executive vice president of property management and leasing. He was formerly with Metropolis Investment Holdings Inc., a German-based company, where he had been a senior vice president responsible for leasing and managing the performance of its portfolio that includes six million square feet.

AFIAA
(NEW YORK CITY) AFIAA, Swiss Foundation for International Real Estate Investments based in Zurich, announces the hiring of Matthew J. Scholl as head of acquisitions North America. His previous key positions include Pan-European and North American acquisitions director and vice president portfolio management, both held at Pramerica Real Estate Investors in Munich.

GOLDSTEIN GROUP
(PARAMUS, NJ) Continuing The Goldstein Group's expansion efforts, Emil Katri has joined as a sales associate. He worked with several department stores and gained expertise in retail marketing, store design, product placement, and the daily operations of retail businesses.

STERLING BAY COS.
(CHICAGO) Sterling Bay Companies is further expanding its presence in the institutional investment arena with the appointment of Chang Lee as a principal of the firm. Most recently, since 2002, Lee was a director at Eastdil Secured.

WOOD PARTNERS
(ATLANTA) Sean Reynolds has joined Wood Partners LLC in the newly-created position of director-general counsel. Prior to joining Wood Partners, Reynolds was a partner with Alston & Bird LLP in Atlanta. He served as counsel to numerous real estate private equity funds, private REITs and real estate sponsors.


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