More With Less
Last Friday’s Labor Department jobs report indicated that US businesses have finally regained the 8.8 million jobs than were lost in the Great Recession of 2007 to 2009. In the past six years, the economy added 8.9 million positions to its labor rosters.
However, most of those jobs were in private-sector businesses. Dampening the recovery, government employment has shrunk to a low equal to 2005 levels. This may be good news for smaller government, but it’s bad news for growth.
The other interesting angle to the public/private employment story is the fact that temporary jobs are skyrocketing increasing at a rate of 42% versus overall private jobs that grew at 8%. Typically, he growth of temporary jobs is a preview to full-time employment growth, but that hasn’t held true in this recovery.
What does all of this translate to? The net takeaway is that there is indeed job growth confirming the recovery, but the economy continues to adjust to a contraction of the workforce as industry squeezes more out of payroll dollars with fewer employees. In short, it’s all about doing more with less.
Regional Manager, New York Region
(NEW YORK, NY) The Regional Manager will conduct regular site visits to evaluate market readies, rents, delinquencies and lease renewals; train community managers and associates; and participate in hiring process for key site positions. In addition, this position will be responsible for all aspects of employment cycle-recruitment, selection, hiring, orientation, training and development, performance management and coaching in accordance with company policy and procedure; analyze performance and market trends to develop, implement and review a monthly marketing plan; maintain detailed knowledge of market and sub-market through networks established/maintained with significant competitors; and prepare, implement and meet the annual operating and capital budgets/forecasts for assigned communities.
MISSION CAPITAL ADVISORS, LLC
Director – Debt and Equity Placement Capital Markets Group
(NEWPORT BEACH, CA) Principal duties include: managing existing and develop new relationships with owners, developers and investors of commercial and multi-family; completing initial opportunity evaluation and analysis; converting relationships into exclusive financing mandates; attending industry conferences, symposia and other high level events; entertaining clients and assisting in implementing Mission-sponsored events; working within a team framework to execute transactions; and assisting in negotiations with capital sources providing both debt and equity, where necessary.
CHRISTINA DEVELOPMENT CORPORATION
(MALIBU, CA) Position will be responsible for applying principles of accounting to analyze financial information and prepare financial reports by performing the following duties: preparing financial reports for senior management; handling bank reconciliations; posting payables and receivables; and general ledger maintenance. Bachelor’s degree in Accounting required. Five plus years of real estate accounting experience also required.
PS BUSINESS PARKS, INC.
(HAYWARD, CA) The Leasing Director will execute the marketing and leasing strategy for commercial real estate properties. Specific responsibilities include overseeing the entire leasing process (start to finish) from generating initial prospect interest through qualification, lease negotiation and document execution; managing and supervising assigned support team and third-party brokers; assisting the Portfolio and/or Regional Manager in the overall marketing and leasing of a select group of commercial properties; executing marketing and leasing strategy; making recommendations and assisting in the coordination of property improvements designed to supplement the leasing process; and maintaining company and property visibility with the local brokerage and prospect community to maximize property exposure to the marketplace.
ROSS STORES, INC.
Director, Real Estate
(DUBLIN, CA) The Director, Real Estate will direct the analysis, selection, negotiation, administration and coordination of Ross’ new store Real Estate program, and/or the relocation, replacement, expansion and surplus store programs as assigned by the Regional Vice President of Real Estate, Vice President of Real Estate, and Sr. Vice President of Property Development.
VIRTUS REAL ESTATE CAPITAL
Director of Acquisitions – Alternative Property Types
(AUSTIN, TX) The Director of Acquisitions will identify new potential markets and asset classes suitable for Virtus; source, underwrite, negotiate and structure investment opportunities in alternative property types; identify and negotiate new proprietary operating partner relationships in respective markets with leading operating partners; lead financial, market, operating partner and third party due diligence on investment opportunities; and develop strategic plan with immediate and long term goals with respect to growing Alternative Property Type acquisition team.
Director of Operations, Real Estate
(OAK, CA) The Director of Operations will be responsible for the management and leadership of a range of process improvement and process management activities, including planning, performing and implementing process improvement initiatives, in addition to ownership of operational processes. These initiatives may represent one portion of a larger project, or may represent a stand alone initiative or function within a work group or department. Process management functions may include data gathering and analysis, best practice research, process mapping, developing and recommending alternatives for improvement, developing performance metrics, obtaining leadership or stakeholder agreement, implementing improvements, and monitoring post-process improvement initiative performance to updated standards.
HEALTHCARE TRUST OF AMERICA
(ATLANTA, GA) Position will be responsible for the successful day-to-day financial, administrative and maintenance operation of multiple healthcare related properties within a region while assuring the company’s standards are achieved and excellent customer service is delivered. The property manager works closely with the management to determine portfolio operating objectives and plans to achieve them. Duties include ensuring contacts with tenants on a regular basis to assess needs, provide tenants with company information and finds ways to encourage continuous occupancy in building; prepare and manage property budgets; and ensuring all rents are collected in accordance with property budget and tenant lease.