08/9/05: Continuing the debate about whether there is a housing bubble or not really won't resolve anything. If there is a bubble, then it will burst. If there isn't a bubble, that will be a much better scenario for all of us. However, how does the White House look at this issue? Chairman of economic advisors (and possible future Federal Reserve chairman) Ben Bernanke recently commented that, "House prices have gone up a lot," which, in essence reflects a strong economy. Wow, really insightful. He then added, "We've never had a decline in housing prices on a nationwide basis." In other words, don't worry about a bubble because it never happened before. Pardon me, but there are many things that haven't happened before, and history is littered with the flotsam of such economic events. (Remember the dot-com meltdown?) This isn't to say that the housing market will burst, however, only that this applied logic--from the nation's most important economic advisor--seems rather shallow.
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. To announce an opening please click here.

(BOSTON) The firm promoted Jim Boudrot, Tom Aitken and Jon Gifford to senior vice president, while bumping Noah Hano up to vice president and Sarah Puglia up to associate in its brokerage services area. Boudrot and Aitken specialize in the Route 128 submarket, while Gifford targets Downtown Boston.

(BURLINGTON, MA) Alicia Bouthillette has been named vice president of property and asset management, moving up from her prior position as senior property manager in the company’s Needham, MA office. Bouthillette joined the company in 2000.

(QUINCY, MA) Taryn Warren has been tapped as vice president of the firm’s newly expanded development services division. Warren had been project manager for the Crossings at Walkers Brook, the firm’s 33.5-acre retail center in Reading, MA.

(NEW YORK CITY) Gregory Knoop has joined the firm as senior vice president of real estate, with responsibility for asset management. Knoop was most recently first vice president and director of agency services at CB Richard Ellis, where he spent seven years and managed a seven-million-sf office portfolio.

(MCLEAN, VA) Tae-Sik Yoon will take over as chief financial officer here as of next month. He will remain in his post as chief financial officer and managing director of J.E. Robert Co. Inc. and its affiliate JER Commercial Debt Advisors LLC.

(WASHINGTON, DC) Junius Tillery and Steve Ross have joined Equis Corp. from Trammell Crow, where they served as a team specializing in tenant representation in the northern Virginia region. Tillery is joining as senior vice president and Ross has been appointed vice president.

(ALEXANDRIA, VA) New to the company is Walter A. Rebenson, who joins as vice president of development. Rebenson was most recently chief operating officer at the Fordham Co. in Chicago. In his new role, he will lead AvalonBay’s Chicago operations.

(SAN FRANCISCO) The company has named Jim Alderman senior vice president of acquisitions and development. Alderman was previously senior vice president of development in North America for Starwood Hotels and Resorts Worldwide.



Ideal candidate will perform analysis including project underwriting, due diligence, monthly reporting of operations, sell/hold decisions, potential dispositions, cash flow management and leases. He or she will also assist in compiling packages and memoranda for investment committee, and in conducting ad hoc analysis and reporting.


Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

© 2024 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.

By Brian A. Lee | June 11, 2024

Catastrophic weather events are causing increased premiums and reduced coverage options, putting pressure on building owners and real estate managers to hone their property and risk management plans.

How CRE Can Rise to the Challenge of Escalating Insurance Premiums

By Holly Amaya | June 06, 2024

Proptech isn't just a flash in the pan – and retail owners are finally coming around.

What Retail Property Owners Should Know about Proptech

By Holly Amaya | June 05, 2024

With cap rates stabilizing, investors are stepping into the ring, W. P. Carey's Michael Fitzgerald tells GlobeSt.

'We're Bullish On Net Lease Retail': Why One CRE Firm Is Doubling Down On The Asset Class
Migration Hotspots in a Cool 2024 Market link

White Paper

Sponsored by Placer Labs Inc.

Discover the latest insights on domestic migration trends in 2024 with this comprehensive white paper. Uncover the changing patterns and emerging hotspots shaping the CRE landscape today and what it means for you.

Real Estate Administration - 10 Ways To Save link

On-Demand Webinar

Sponsored by LeaseAccelerator

Discover how to optimize your real estate portfolio through ten actionable strategies that can help you achieve significant cost savings.

Cracking the Renters Insurance Conundrum link

White Paper

Sponsored by TheGuarantors

Multifamily owners and operators are seeing rising expenses squeezing margins, making it essential to identify new revenue streams and cut unnecessary costs. Learn how to crack the renters insurance conundrum with solutions tailored to your goals, allowing you to mitigate risk, streamline operations, and uncover new ancillary revenue opportunities.