Jonathan A. Schein - President & CEO - Real Estate Media - GlobeSt.com

11/8/05: Last week's Executive Watch focused on the fact that Meg Whitman is the CEO of a company that is comparable to all 23 office REITs combined in terms of market capitalization. A closer look will also reveal that not one of these REITs has a woman at the helm. A recent benchmarking study conducted by Commercial Real Estate Women and 10 other industry associations makes it clear that women still haven't reached the top echelon, either in terms of compensation or in C-suite status. In an upcoming UpClose interview on GlobeSt.com, Ginger Bryant, 2005 president of the CREW Network, reveals her belief that, although women are definitely gaining stature in senior-management positions, the top prize is still elusive. The real hope is that one day a column like this won't need to be written, and the likes of Meg Whitman will be commonplace in this industry.

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	RVI GROUP (STAMFORD, CT) Ted Zarembo with the RVI Group earns a "Fellow" standing with Royal Institution of Chartered Surveyors in London in conjunction with an agreement with the US-based Counselors of Real Estate.
	INTERCONTINENTAL REAL ESTATE (BOSTON) After 14 years with the company, David S. Carella rises to director of finance and accounting. His duties include directing all accounting aspects, reporting and risk management activities for Intercontinental Real Estate Corp. in conjunction with the executive committee. He previously was director of performance measurement and investor reporting.

	MAGELLAN DEVELOPMENT GROUP (CHICAGO) Brian D. Gordon assumes the role of vice president of development after a stint as senior vice president of Orix Real Estate Equities Inc. During his career, the industry veteran has been responsible for development, leasing and sale of more than five million sf of office and retail projects in the US and Canada.
	MIDFIRST BANK (HOUSTON) Bruce McDonald takes the helm as income property manager for the commercial real estate lender's newest office at 2500 CityWest Blvd. He previously held senior positions with GMAC, Coldwell Banker Commercial Mortgage Banking Services and Commonwealth Federal Savings Association.
	CORNERSTONE DEVELOPMENT GROUP (DESTIN, FL) Michael Ross joins the six-year-old company as assistant controller. He has five years of accounting experience.
	CUSHMAN & WAKEFIELD OF ARIZONA (PHOENIX) Mark C. Urbanowicz starts as senior research analyst for Cushman & Wakefield Inc.'s Arizona and Nevada offices, specifically tasked with compiling statistical information for the Phoenix and Las Vegas markets.
	SPERRY VAN NESS (BOSTON) Robert F. Shannon takes the lead as senior adviser for the new office at 470 Atlantic Ave. in Boston. He will be working with Pete Peterson, director of organizational development, who has oversight for the firm's New England growth, and Matt Fitch, regional manager for New England.

AVALON BAY COMMUNITIES

Marketing Manager

(VIRGINIA)

We are seeking a highly motivated professional with experience in the multifamily apartment industry and the field of marketing. The marketing manager will support the Corporate Marketing Team in leading the company's objective to provide a consistent brand message from our overall company image, portfolio of assets, and associates to the general public and within the industry.

JONES LANG LASALLE

Project Manager

(CALIFORNIA)

Under the supervision of the team lead, the individual is responsible for the management of individual multi-discipline projects. Competent in all phases of corporate real estate project and development management activities including, but not limited to, program development, budgeting, planning and design, and project milestone scheduling.

NEWMARK & CO. REAL ESTATE INC.

Director of Corporate Services

(NEW YORK)

The director of corporate services reports to the senior managing director and will be responsible for managing the overall relationships with assigned or newly acquired strategic corporate clients. This position will assist in securing new clients through direct marketing of CSG or through invitation by advisory services.

COHEN FINANCIAL

Analyst

(CALIFORNIA)

The analyst position will support the transactional flow of the capital markets and advisory services business lines of Cohen Financial. Specific responsibilities include, but are not limited to: reading and analyzing financial statements of various types; and creating, analyzing and auditing various types of cash flow models.

KBS REALTY ADVISORS

Real Estate Analyst

(NEW YORK)

Duties will include coordination with property-level consultants, preparation of business plan and strategic analysis, as well as budgeting and reporting. Key selection criteria will include level of experience with commercial real estate, proficiency with Argus software and potential for growth. We require a bachelor's degree in a quantitative field, or a bachelor of arts with a quantitative master's degree.

TRAMMELL CROW CO.

Manager, Capital Markets

(WASHINGTON, DC)

The manager of capital markets is responsible for overseeing and preparing all offering memoranda, RFP responses, unsolicited proposals, RFI's, etc. for capital markets professionals in the acquisition and execution of transactions and for providing value-added service to capital markets' top 20 customers.

PENSION REAL ESTATE ASSOCIATION

Director of Research

(CONNECTICUT)

The director of research will lead PREA's research initiatives in order to advance members' knowledge and expertise on real estate as an asset class for institutional investors. Required skills include an in-depth knowledge of the institutional real estate industry and an understanding of real estate's position in broader capital markets.

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