Faithful readers, thank you, and Happy New Year!!! This is my first column of the New Year, and I am beyond excited because I truly believe that 2014 is going to be a year when we begin to feel “really good” on a consistent basis.
The era of the “choppy” recovery appears to be behind us, and the most compelling barometer of a real recovery is that development is not only back in vogue, but it is back in full swing—locally, nationally and globally. The crane is once again the city bird of New York, London, Miami, Seattle, and San Francisco, to name few major metros.
The big guns are back in the action as well. Carlyle just won approval for a $1.6-billion mixed-use office and residential project in London; Brookfield Properties is driving the Hudson Yards development and Qatar is on a rumble.
On our front, searches for developers from project-level to executive drivers abound. The really good news is that recruiting activity implies that developers are capitalizing only on smart bets, signaling that we will have an orderly recovery.
Best wishes for a terrific New Year!
Sponsored Job
USAA
National Commercial Property Management Associate
(SAN ANTONIO, TX) Duties include updating and redeveloping training package, reviewing/editing on an ongoing basis with multiple stakeholders, revisions, clarifications etc.; covering all aspects of new properties, to include processes and procedures, with new property managers; providing USAA introduction; reviewing Yardi training and resources to include national accounts, AvidXchange procurement and invoicing practices, monthly/quarterly reporting, contracting process including approvals, new vendor request, Energy Star, operating expense analysis, Energy & Environmental Performance and Accomplishments Reports, risk management and insurance procedures, national monthly manager calls, and other items as needed; and providing support for property management team members.
CIM GROUP
Associate, Investor Relations
(LOS ANGELES, CA) The Investor Relations Associate will be responsible for supporting existing and prospective investor requests. Candidate will work with various internal groups including Client Service, Investments, Development, Financial Reporting, Property Management and Legal to ensure timely and accurate client deliverables. Specific duties include working with internal groups including Investments, Property Management and Financial Reporting to prepare, review and distribute all reporting deliverables, portfolio updates, investment summaries, pipeline and questionnaires; overseeing the weekly, quarterly, annual and other reporting and tax information mailings to existing investors; updating internal portfolio analyses on a quarterly or as-needed basis; and assisting with CIM's Annual Investor Meeting including organization and the preparation and production of all materials.
HEALTHCARE TRUST OF AMERICA
Tenant Coordinator
(ATLANTA, GA) Tenant Coordinator will review and code property invoices for payment and approval in a timely manner; address tenant issues via work order system and provide follow through with bldg. engineers, tenants and property manager; assist with correspondence/communications with tenants and vendors; assist with Aged Delinquency reports, tenant collections, send out delinquency and letters; prepare tenant correspondence; assist with contract administration including document preparation; assist with bid process of contract services and construction work; maintain filing system including tenant, accounting and vendor and contract files; and work on special projects under supervision of Property Manager.
CBRE
Director, IT Strategic Sourcing
(DALLAS, TX) Primary purpose of this position will be to provide category strategic sourcing leadership (from initiating sourcing processes through relationship management) for all IT Software applications and Software as a Service solutions, and associated IT professional services for CBRE's internal spend portfolio. Position will work in tandem with another category strategic sourcing colleague who will support all Infrastructure and related IT Operations; develop, communicate, and execute overall sourcing and procurement strategies to support CBRE operational programs, businesses, corporate goals and objectives; manage supplier portfolio to increase operational efficiency, profitability and maximize their value contribution; collaborate with internal stakeholders to align business objectives with category strategic sourcing opportunities; and analyze commodity and service requirements for the IT spend portfolio and establishes long term strategic procurement plans.
CORPORATE OFFICE PROPERTIES TRUST
Senior Analyst
(COLUMBIA, MD) Senior Analyst will primarily preform complex-level professional internal auditing work. Duties include leading or conducting performance, operational, financial, IT and compliance audit projects; providing consulting services to the organization's management and staff; and providing key input to development of the risk-based annual internal audit plan. Additional duties include controls assessment, testing and process documentation activities in conjunction with the Company's compliance with the Sarbanes-Oxley Act; and providing training and coaching to internal audit staff.
COLLIERS INTERNATIONAL GROUP
Real Estate Financial Analyst
(VANCOUVER, BRITISH COLUMBIA) The Financial Analyst will provide exceptional analytical support to Sales Agents and their clients. He or she will work primarily in the areas of valuation, financial analysis, and in the preparation of relevant presentation material for pitches and proposals. Specific duties include researching and developing assumptions required for the development of values such as market growth rates, rents, construction costs, lease rates; developing opinions and recommendations on potential development opportunities through analysis of various inputs that affect overall value and liquidity of assets; acting as the liaison with municipalities to confirm land use designations, development service charges, and existing services; identifying factors that may materially affect value and liquidity of an asset; and analyzing property values relative to market conditions and recent sales data.
CASSIDY TURLEY
Vice President, Financial Analysis
(BOSTON, MA) Vice President, Financial Analysis will provide support to the corporate advisory/tenant leasing brokers through the preparation of economic models designed to facilitate deal negotiation on behalf of the firm's clients; provide daily support to internal parties relating to all financial modeling on behalf of clients, including comparative tenant occupancy cost projections, lease vs. purchase, and sale/leaseback economic models, as required by the brokerage unit; research, analyze, and evaluate all financial information related to modeling requirements; establish, develop, maintain, update, archive, and retrieve files (digital and hard-copy); maintain awareness of industry standards for financial modeling – investigate possible alternative methodologies, software; and provide ad hoc financial analysis for management team and service line leaders as required.
NEWMARK GRUBB KNIGHT FRANK
Regional Facility Manager
(EMERYVILLE, CA) Regional Facility Manager will be responsible for planning, organizing, and directing the development and implementation of those policies, procedures and programs necessary to maximize the value of a corporate client's investment in an office and industrial properties or portfolio, and controlling the activities of the client's facility or portfolio so as to optimize the utilization of all resources under his/her control. In addition, position will participate in formulation and execution of client's corporate real estate objectives, policies and plans as they pertain to the facility or portfolio operations.
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