Last week, during a meeting in my Park Avenue office, I glanced at my favorite wall decoration, a framed tie imprinted with “Capitalist Tool,” the motto of Forbes that Steve Forbes was kind enough to send me after we jointly presented to a New York real estate crowd in 1988.

Since that day in '88, I have enjoyed the tie, and relished the biweekly delivery of Forbes magazine. Alas, I learned this weekend that the Capitalist Tool, Forbes Media made a deal to sell a controlling interest to a Hong Kong investor group for $300 million.

My sadness to see the Forbes family depart from control of Forbes was more sentimental than practical. Our economies are global, and Forbes'list of the richest people on earth is increasingly global.

So, I am glad that Forbes majority interest is in the hands of Chinese capitalists, with Steve Forbes remaining as Chairman & Editor in Chief. Best wishes, Steve!



Sponsored Jobs:

ST. LAWRENCE SEAWAY MANAGEMENT CORPORATION
Land Management Officer
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WESTFIELD
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AIRPORT INDUSTRIAL PARK
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PARK MADISON PARTNERS
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PRUDENTIAL
Investment Director, Latin America Portfolio Analytics
(MADISON, NJ) The Director, Latin America Portfolio Analytics will be responsible for the oversight of PREI's Latin American funds' portfolio-level reporting, forward looking projections, and marketing activities associated with the account's day-to-day transaction activity, and marketing requirements. Candidate will work closely with Portfolio Management on the oversight of the funds' operations, performance and strategy, and structuring of new investments and their impact on the current portfolio leverage/financing status. The candidate will also provide direct oversight to the staff within the Latin American Portfolio Analytics team, who are responsible for the aggregation and production of day-to-day reporting. Role involves direct interaction with multiple internal PREI partners/groups, including but not limited to Asset Management, Fund Operations, Business Development, Legal, Valuations, etc.

NEW YORK LIFE INVESTMENT MANAGEMENT LLC
Architect
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CBRE
Director of Operations – Midwest Region
(DETROIT, MI) Role will partner with Market and LOB leadership in a defined region to develop and implement strategic priorities for operations. Position will be responsible for directing all business operations, office services and client support services activities, in alignment with local business strategy; driving operational excellence, efficiency and collaboration by allocating resources to the most productive uses; monitoring staffing levels, structure, workflow and competencies to effectively support the business; and partnering closely with leaders in Finance, Human Resources, Information Technology, Legal, Research and Marketing to integrate operational support for all shared services.

USAA REAL ESTATE COMPANY
Construction Accountant/Senior Construction Accountant
(SAN ANTONIO, TX) Construction Accountant will be responsible for all aspects of Accounting and Reporting as it relates to development and construction projects. Duties include job cost tracking, balance sheet reconciliations, research, and communication with project managers on project status and payment approvals. Additional duties include reconciling projects costs to the general ledger; working with project managers or 3rd party development partners to obtain information to book monthly draw accruals; providing corporate reporting with capital forecast requirements; and interpreting interpret development and operating agreements to make sure we are in compliance with requirements.

CORPORATE OFFICE PROPERTIES TRUST
Regional Director
(COLUMBIA, MD) Position will be responsible for the overall management of assigned regional property management office(s) and properties including (but not limited to): tenant relations, budgeting, operations, etc. Through subordinate managers, position will ensure that quality customer service and all properties operate within the economic operating constraint of the operating budget. In addition, this position will be responsible for overall staffing issues and management of multiple projects and/or sites and ensuring that company physical assets are maintained in good condition.

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