07/19/05: What do you call a country that has one billion people, a GDP growth rate of 8% and has attracted one-fifth of all Fortune 500 companies? You call it India.  According to Dale Anne Reiss and Rahul Rai of E&Y, foreign investment in India is expected to hit $15 billion this year, triple the 2004 figure.  Much of this is based on the country's liberalization of guidelines allowing for direct foreign real estate investment.  Local developers in need of capital are now on the hunt for new sources as the country's economy continues to improve after decades of stagnation.  And it seems that, despite the risks inherent in any foreign investment, it’s an intriguing play.  According to E&Y, "Investors who are among the first to enter the market have the opportunity to establish a presence and realize high returns."  In other words, as the US real estate market continues to see prices surge with decreasing cap rates, India may be a great place to place capital.
To receive the weekly Executive Postings email, register for our free daily NewsBlast in the upper righthand corner of this page. To post executive news, email a photo(JPEG) and brief employee biography to our site manager. This section of the page is updated daily. To announce an opening please click on Post-A- Job. Past issues of this newsletter can be found here.
 

STAUBACH RETAIL
(AUSTIN, TX; HOUSTON) Todd Wallace has been named senior vice president of the Austin office. In Houston, the firm also promoted Scott Shillings and Jim Smith Jr. to senior vice president positions.

 

KAY COMPANIES
(NEWTON, MA) Newly promoted at the firm is Joseph Polizzotti, who has been appointed business development manager, responsible for creating new construction relationships in all real estate sectors. He was most recently project manager and joined the company in 2003.

 

MACERICH CO.
(SANTA MONICA, CA) The firm has promoted Jesse Ellis from senior manager, leasing to assistant vice president, leasing. Ellis, who has been at Macerich since 1999, is based at the company’s Southern California leasing office at Lakewood Center Mall in Lakewood, CA

 

HOPKINS REAL ESTATE GROUP
(IRVINE, CA) Todd Giarrante, Charles S. Prince and Eli Wendell have each been promoted to development manager. Each of them will take responsibility for project budgets, entitlements and construction management.

TRAMMELL CROW CO.
(NEW YORK CITY) The firm has tapped John Krush as senior vice president of project management for the Northeast region; he will also continue an ongoing assignment to represent Bank of America in a joint venture development relationship with Trammell Crow. Krush was most recently with Tishman Technologies.

SPERRY VAN NESS
(FORT COLLINS, CO) The company has appointed Thomas F. Howard as senior advisor, leading its expansion into the northern Colorado market. Howard, who will open an office here, was most recently business development manager at Hall-Irwin, a local construction company.

THE ANDALEX GROUP
(NEW YORK CITY) Andrew M. Feder has been named managing director at the company, leaving his prior position as senior managing director at MB Real Estate, where he managed a portfolio of proprietary and third-party assets.

DRA ADVISORS LLC

Property Analyst

(NEW YORK)

Ideal candidate will conduct acquisition, asset management and disposition activities for a diverse portfolio of retail, office, and multi-family properties across the US. He or she must have strong financial/analytical skills and highly developed verbal and written communication ability, as well as comfort level in a fast-paced team environment.

KSI SERVICES INC.

Senior Project Manager – Construction

(MARYLAND)

Suitable applicant will negotiate architectural and engineering contracts, develop and refine the scope of work on assigned construction projects, compile RFPs and bid documents, oversee and analyze bidding of work to vendors and subcontractors, and negotiate and award contracts on a timely basis.

BANK OF AMERICA

Senior Relationship Underwriter/Lending Specialist

(CONNECTICUT)

Using advanced knowledge of commercial real estate, this professional will be responsible for underwriting construction, acquisition and bridge loans on properties. He or she will evaluate the adequacy of funds for construction and capacity to achieve permanent financing, performing all aspects of due diligence and credit approval.

SELECTLEADERS

Investment Analyst

(CALIFORNIA)

In this role, most qualified applicant will analyze prospective acquisitions and dispositions, which entails collecting market, financial and physical data, and performing sensitivity analyses. He or she will also support due diligence and closing processes and interface with real estate industry participants in predefined target geographic markets.

PRUDENTIAL FINANCIAL

Principal, FHA Originations

(ILLINOIS)

In this supervisory position, ideal applicant will manage regional office staff of loan officers, underwriters and processors, holding accountability for overall regional loan productions goals in terms of new business and applications submitted to FHA and loan closings. He or she will monitor compliance with corporate policies and FHA regulatory requirements.

CIM GROUP INC.

Investment Analyst

(CALIFORNIA)

The right person for this position will be able to analyze and underwrite potential acquisition and development opportunities while also reviewing and evaluating investment. The latter task requires preparing investment committee memoranda and market analysis. He or she will also monitor existing portfolio of real estate invesments.

CHARTERMAC

Underwriter (Multifamily/Commercial Loans)

(NEW YORK)

Concentrating on mezzanine loans, the underwriter will be responsible for transactions from initial bid through closing, including “pre-screen” underwriting and deal structuring; performing due diligence and underwriting once loans are under application; and working with bankers, borrowers, appraisers, consultants, underwriters, attorneys and closers.

To receive the weekly Executive Postings email, register for our free daily NewsBlast in the upper righthand corner of this page. To unsubscribe click here. To post executive news, email a photo(JPEG) and brief employee biography to our site manager. This section of the page is updated daily. To announce an opening please click on Post-A-Job. Past issues of this newsletter can be found here.

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.