Jonathan A. Schein
President & CEO
Real Estate Media

10/01/03: Much has been made about theexporting of white-collar jobs overseas, and this is a real problemwhen job growth is essential to maintaining this economic"recovery." Since real estate itself can't be exported, many of thefunctions required to maintain it will remain here. However, thereare many jobs outside this particular function that are in dangerof--quite literally--going away. According to the US Department ofLabor and Forrester Research, more than three million jobs willmove offshore by 2015. Surprisingly, architecture-oriented work isexpected to move approximately 185,000 jobs to foreign soil in thattime. Think about this for a moment. Better living throughtechnology has brought us to the point where a commercial building,office space, single-family homes, shopping centers andhotels--located anyplace in the nation--can all be designed halfway across the globe--and done so for less than half the cost thatwould be incurred here. This is a definite trend. But is itprogress?

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(BIRMINGHAM, AL) Gregory Johnson has been named president. Apartner since 2001, Johnson oversees all real estate developmentand investment for the company as well as its property managementand leasing activities.


(BIRMINGHAM, AL) The firm has promoted Brendon Behan toassistant vice president. In his new role he will specialize in therepresentation of office tenants and landlords in the suburbanarea. A member of the team for the past five years, Behan hasserved as property manager and sales and leasingspecialist.

(WOODLAND HILLS, CAI) Awaiz Akram has joined theorganization as director of asset management. In this capacity,Akram is responsible for building operational management and theturnaround phase of under-performing assets in key US markets. Hecomes to the firm with more than 15 years of experience inoperational management, quality control andproductivity.

(CHICAGO, IL) Leslie Logsdon has joined the office servicesgroup as a senior vice president. Logsdon will specialize in newbusiness development and client services, structuring andre-negotiating existing leases, tenant representation, subleasingand assisting clients with the acquisition and disposition of CBDoffice properties. Prior to joining the organization, she wasdirector at CB Richard Ellis and vice president with Julien J.Studley. As a manager in PriceWaterhouseCoopers' Financial AdvisoryServices Group, she consulted to a client list that included bothlocal and national corporations.


(NEW YORK, NY) Retailing executive Michael J. Hofmann hasjoined the firm as senior managing director in charge of thegrowing retail brokerage business. Prior to joining the firm,Hofmann was associated with Alfred Dunhill and Louis Vuittonserving at that firm first as vice president and later as seniorvice president of business development. He was also a vicepresident for Barneys New York.


Commercial Real Estate WorkoutSpecialist


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Candidate should have a minimum of seven yearsexperience with loan defaults; workouts; bankruptcies; foreclosuresand property inspections. The position also requires the ability todevelop and implement resolution strategies; analyze cash flows;determine property values; prepare budgets and reviewappraisals.


Associate- Real Estate & Lodging Group


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Incumbent will be a key member of a growing firmwith focus on private financing. Associate-level responsibilitiesinclude development of new business demonstrations; board ofdirector presentations; financial models and analysis; confidentialoffering memoranda; marketing materials and buyer lists. Hopefulwill maintain direct contact with client and client's advisors inconjunction with supervision of junior level team members intransaction origination and execution. Banking background andindustry experience required.


RealEstate Underwriter


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Applicant will be responsible for in-depthevaluation of multi-family properties; assessment of overallproject feasibility; summary of project rental market conditions;evaluation of current/proposed property management company;preparation of stabilized operating budget inclusive of achievablerent projection and estimation of expenses. A minimum of five yearsexperience is required in the operation and management ofmultifamily rental housing.


Commercial Real Estate FinancialAnalyst


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Ideal candidate is a proactive individual with aconfident and decisive personality interested in industry finance.Responsibilities include analysis of property operations;critiquing and tracking of operating and construction budgets;examination of lease and loan modification proposals; develop CMBSpackages; arrange and update monthly asset reports; plansemi-annual property valuations; property site inspections; marketresearch and analysis; and interact with property managers, leasingagents along with borrower and client representatives.

Senior Investment Analyst


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The ideal analyst is a motivated individual withexcellent analytical skills and strong written and verbalproficiency. This person should have a solid foundation inperforming financial analyses and market studies and a soundunderstanding of industry-standard reports.

To receive the weekly Executive Postings email,register for our free daily NewsBlast in the upper righthand cornerof this page. To unsubscribe click here. To postexecutive news, email a photo (JPEG) and brief employee biographyto our site manager. This section of the page is updated daily. Toannounce an opening please click on Post-A-Job. Pastissues of this newsletter can be found here.

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