The recent tax legislation reducing corporate income tax from 35% to 21% has begun priming the pump, big time. The most recent example is Apple, which announced that it is coughing up a $38-billion tax payment that reflects a one-time tax on overseas profits held in cash or other liquid assets at a 15.5% tax rate, a far cry from the old corporate levy. In trade, Apple will bring home almost $250 billion after tax which will enable the company to reward shareholders with share buybacks and dividends, but more importantly, to double-down on research and development, key to keeping Apple highly competitive.
I suspect with this treasure chest of repatriated cash, employees will also enjoy economic benefits, otherwise not available with cash sitting in some foreign land gathering dust. In just a few short weeks we are seeing the pump being primed on the corporate front. There is a lot to complain about with the new tax law, SALT and all, but the corporate tax reduction will provide significant economic incentives that will ripple throughout the economy.
Job Listings
(NEW YORK, NY)
Position will be assigned to the asset management team working on a variety of projects and transactions across several asset types which include: asset management of existing portfolios of properties under construction, in lease up or stabilized; and financial and feasibility analysis, assisting in all phases of investment management.
THE BEACH COMPANY
Corporate Accountant
(CHARLESTON, SC)
Accountant will be responsible for all AP/AR functions for all accounts related to corporate operations; provide monthly reporting to the Controller; track all escrow activity for both Commercial and Residential brokerage; and perform month-end reconciliation to the G/L.
ULI
Executive Director, ULI Los Angeles
(LOS ANGELES, CA)
Reporting to the Executive Vice President, District Councils, and Chair, ULI Los Angeles, the Executive Director will be responsible for leading the district council's program of work, including developing and executing strategies that manage the district council and Institute resources, expertise, and leadership to constructively influence local and regional development issues and land use policies.
EMPIRE MANAGEMENT
Director of Acquisitions
(NEW YORK, NY)
Responsibilities include leading a team of analysts in sourcing acquisitions, creating and analyzing detailed financial spreadsheets, underwriting and performing due diligence on potential investment opportunities, conducting market research and analysis, and participating in investor meetings and presentations.
FRIEDMAN REALTY GROUP, INC.
Corporate Controller
(GIBBSBORO, NJ)
Controller will be responsible for the accounting and operations of the Management Company and its affiliates, including control and oversight of cash and escrow accounts, mortgage accounts, the production of monthly, quarterly, annual, and other periodic financial reports.
UNCOMMON SCHOOLS
Onsite Facility Manager
(NEW YORK, NY)
Facility Manager will be responsible for managing school/administrative buildings in Newark, NJ. Primary responsibilities include ensuring effective and efficient day-to-day facility operations, managing preventative maintenance, overseeing building staff, managing vendors to provide critical building services, and maintaining facility budgets.
LOWE ENTERPRISES
Assistant Property Manager
(ALEXANDRIA, VA)
Duties include: assisting Senior Property Manager and other members of the property management team in the direction and management of the day-to-day operations, physical condition, financial performance and administration of the property in accordance with established Owner requirements, Company objectives and applicable law and as outlined in the Property Management Agreement.
LMC
Development Manager
(SCHAUMBURG, IL)
Role will be responsible for all aspects of development for several large-scale multifamily and mixed-use projects with a focus on planning, entitlement, financial analysis and overall management of the development process from inception to stabilization.
FAEGRE BAKER DANIELS LLP
Real Estate Associate
(MINNEAPOLIS, MN)
Global Law Firm is actively recruiting a partner-track associate to join the transactional Real Estate practice group. Ideal candidate will have 3+ years' of experience in real estate-related law, specifically drafting and negotiating agreements relating to the sale, acquisition, leasing and financing of commercial real estate.
NEWMARK GRUBB KNIGHT FRANK
Assistant Transaction Manager
(PORTLAND, OR)
Role services current and new accounts by coordinating and monitoring various transaction activities and will work with internal departments to manage purchase and sales transactions.
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