Over the past week global markets have roiled on the heels of Fed Chairman Bernanke's comments that the Fed will begin to temper its actions as markets begin to stabilize and evidence a more significant recover. The Fed's rather benign and preemptive signals sent stocks and bonds into a free fall, and ever since, pundits are predicting a whole range of signals from the onset of a global recession to a temporary and critically needed correction. As an interested observer of global monetary activities, the lack of clarity and chronically unsettled markets concerns me in terms of the impact these gyrations have on our world of human capital. Since 2008 we have witnessed the contraction of employment in the real estate industry, the slow, choppy recovery, and the rebuilding of many organizations continues to move slowly and strategically. Most real estate companies have learned to do more with less on the professional and administrative front. Yet, we have observed aggressive strategic hiring as companies continue to position for recovery, albeit slow, and emerging opportunities that are offered-up by national and global market adjustments. So what's the net, net? I foresee continued hiring for new initiatives and strategic opportunities, but bulking up organizations and teams is so passé.
ROSS STORES, INC.
VP, Corporate Properties
(NEW YORK CITY) This position will be based in New York and will support the operational and strategic property activities associated with the Northeast buying offices. Responsibilities include: internal relationship management, external vendor management, space planning, project management, facility management, budget preparation, cost management, workplace safety and operational efficiencies. A minimum of 10 years of experience in real estate project or facility management required. Bachelor's degree in engineering, architecture or project management; Master's degree preferred.
(PHOENIX) An experienced property accountant is needed to support the accounting department of a growing, fast-paced real estate and investment organization. The ideal candidate will have a background working for a property management company with relevant experience. Property management, MRI and/or REIT experience is a plus. Responsibilities include processing single-tenant and multi-tenant cash receipts received each day; preparing ACH upload; checking lockboxes; depositing checks; contacting property manager with questions on payments; and reviewing tenant ledger for outstanding monthly payments and contact tenant regarding payment status.
USAA Real Estate Company
Investor Reporting Analyst
(SAN ANTONIO) Duties include providing analytical and technical support to the global investor group for investor reporting; responsibility for tracking investor equity investment balances in comparison to investor commitments; assisting in the process of calling capital from investors, including gathering data from various departments as well as calculating and drafting notices and supporting documentation for investors; maintaining historical databases relating to current and prospective investors and assets under management; completing surveys from various real estate publications regarding investor fundraising and investment trends; and supporting the process of responding to investor questionnaires by gathering data (both quantitative and narrative) and assimilating responses.
TRANSWESTERN INVESTMENT GROUP
(DALLAS) The asset manager will be responsible for the asset management of a portfolio of properties in the firm's core and core-plus separate accounts. The properties will predominately be office product located throughout the US. Additional assets will be added to this position's portfolio as new investments are originated. Specific duties include the development and execution of annual business plans with the goal of maximizing the value of each asset; provide oversight for leasing and management teams in an effort to maximize top line revenues and to ensure appropriate cost control measures are implemented; perform economic analysis of all potential lease transactions to verify they are consistent with current market conditions as well as the budget and pro-forma; and stay abreast of market conditions in order to understand the position of each asset in its respective market from a leasing and investment perspective.
ESSEX PROPERTY TRUST
Commercial Portfolio Manager
(PALO ALTO, CA) The commercial portfolio manager will manage all day-to-day operations of the Commercial Portfolio and serve as the primary liaison between Essex and its commercial tenants. This position will report directly to the director of commercial real estate and will be based in the Palo Alto office. Additional duties include assisting in negotiating new commercial leases and renewals; ensuring positive relations with tenants; interfacing with brokerage community as necessary; assisting in the development of commercial real estate management policies and procedures as well as best practice guidelines; overseeing commercial tenant improvements; and performing pre/post vacancy tenant inspections.
JONES LANG LASALLE
CMMS and Business System Administrator
(RESTON, VA) This position will be responsible for systems administration of a computerized maintenance management system (CMMS) and related account level reporting. General duties include system configuration, records maintenance for system users, properties, assets, work order scheduling, system/data integrity and auditing. 360Facility is a computerized maintenance management system (CMMS). The designated 360Facility systems administrator will be responsible for: overall integrity of the 360 system and assuming responsibility for supporting the account, client and other onsite vendor's (Users) team, overseeing proper system use and configuration to meet internal and client objectives; coordinating and updating user IDs and security profiles for account staff; providing new user training, advanced user training and new feature training to the users as required; and supporting the users with password resets, security changes, general questions and other systems support requests.
Director, Commercial Mortgage Portfolio Management
(NEWPORT BEACH, CA) TIAA-CREF is seeking an analytically strong individual with a solid finance background who is eager to pursue an opportunity to progress in the portfolio management area of the commercial mortgage team. Individual must have solid communications skills, negotiating acumen and a strong command of real estate financial analysis and an in-depth understanding of property operations, leasing and financial reporting to be successful. This individual will have primary contact with borrowers regarding loan closings, day to day asset management of the portfolio, including borrower requests, and will actively monitor property performance. The position provides an opportunity to work in a high profile, dynamic and creative environment in an institution with a long history of commercial real estate investing. The existing loan portfolio includes both mortgage whole loans and structured/subordinate debt investments.
Senior Manager, Transaction Management
(RICHMOND, VA) Duties include providing comprehensive real estate services to clients with focus on effective management of real estate functions, contracts, and negotiations and all transaction services required of Cassidy Turley under the agreement with the client; managing a large volume of varying types of transactions; assisting in defining client's real estate requirements; acting as landlord/seller agent and tenant/buyer agent and effectively manage and negotiate the business terms and conditions for a wide variety of commercial real estate product(s) including land, office, retail, and industrial; managing transaction implementation; and managing a large variety of analyses and all relevant documents, including project initiation, market comparable reports, RFPs, proposal comparison packages, Letters of Intent, area plans, broker's opinions of value, etc.
To locate a job, visit GlobeSt.com's Career Center
(ELMHURST, IL) Michael Yazbec will serve as president for the interior construction firm. Yazbec was previously executive vice president for the Chicago-area based company.
Promote your company's latest promotion, Career Center
SPERRY VAN NESS INTERNATIONAL CORP.
(IRVINE, CA) Sperry Van Ness International Corporation, a commercial real estate franchisor, announced that Bo Barron has been named the company's vice president for organizational development. Most recently, Barron was a Sperry Van Ness franchisee, serving as managing director of the former Sperry Van Ness/The Barron Group in Owensboro, KY.
BRADFORD ALLEN REALTY SERVICES
(CHICAGO) Bradford Allen Realty Services announced today that Allison Reynolds has joined the firm as a director in their Oakbrook, IL office. Most recently, she was a client service specialist with CBRE in Schaumburg, ILwhere she was responsible for overseeing 7.9 million square feet of office space.
(DENVER) HFF announced that a seven-person capital markets team led by Mary Sullivan and John Jugl has joined the firm's Denver office. The team, formerly of Jones Lang LaSalle, will focus on capital markets transactions in the office, industrial and retail sectors. Mary Sullivan joins HFF as a senior managing director. John Jugl, who has both a real estate and investment banking background, also joins HFF as a senior managing director.
(TAMPA, FL) Calkain Companies welcomed James (Jimmy) S. Wood, Jr. as an associate in the Tampa office. He was formerly a consultant at J9 Advisors.
(PHOENIX) Colliers International announced the addition of Ed Beasley to the firm's robust government solutions team. Beasley was named vice president and brings nearly 30 years of public-sector experience in economic development and administration, most recently as the former city manager of Glendale, AZ.
(PORTLAND, OR) Caryl Brown joins Kidder Mathews' Portland brokerage division as a vice president, where she will focus on leasing and sales of retail properties throughout Portland's CBD and the stylish Pearl District. Brown, formerly of NAI Norris Beggs & Simpson, has been in the commercial real estate industry for over 15 years.
SIMON PROPERTY GROUP
(INDIANAPOLIS) Stephanie Torr, with nearly 30 years of professional experience in tourism, publishing and brand marketing, has been named corporate director of tourism for The Mills, one of five real estate platforms owned by Simon Property Group. She was most recently at The Hagerman Group.
Promote your company's newest executive, Click Here