	Executive Watch May 9, 2006
	By Jonathan A. Schein

Perspective

When we launched Executive Watch five years ago, we designed it with the intent to offer commentary on all issues relating to management and human capital. One of those issues was management transition. For an enterprise to be successful, its leadership must recognize when it is time to step aside and let the fruits of their labor grow. And with that--as you probably now know--I have decided to move on. My 20 years at Real Estate Media have been an absolutely incredible experience that I will always cherish. I want to thank each and every one of you for spending this time with me. Real Estate Media will continue to prosper and grow. Until we meet again, be well and be healthy.

The views expressed in this article are the author's own.

Job Opportunities

SCI REAL ESTATE INVESTMENTS INC.
(ILLINOIS) Regional Director Due to our rapid expansion, we have positions available in several locations throughout the United States. The regional director will be responsible for developing high-level business relationships with real estate brokers and their 1031 exchange clients.

KBS REALTY ADVISORS
(CALIFORNIA) Real Estate Investment Analyst Our Newport Beach office has an immediate opening for a real estate investment analyst to be an integral part of financing activities nationwide. Our ideal candidate is a high-energy, upbeat team player who wants to contribute to our success.

BUCHANAN STREET PARTNERS
(CALIFORNIA) Investment Management – Senior Analyst The selected candidate will perform financial analyses and underwriting of prospective investment opportunities, including the creation of proforma models and sensitivity analyses for project cash flows and investment returns. He or she will also perform all necessary aspects of the property and sponsorship due diligence process.

CITIGROUP
(FLORIDA) Real Estate Manager The real estate manager will be responsible for negotiations and oversight of real estate transactions including, but not limited to, acquisitions and dispositions of both large and small office space and branch premises to effectively support the business needs and strategies.

SELECTLEADERS
(HAWAII) Interim Senior Executive Construction Management Pacific Rim He or she will oversee multiple large, fixed-price military and private-sector construction projects geographically disbursed throughout the Pacific. The selected candidate will take a leadership role in developing a strong team that can carry out rigorous project management disciplines in order to deliver the contract on time and on budget.

STARWOOD CAPITAL GROUP
(CALIFORNIA) Real Estate Private Equity Analyst, Asset Management The analyst will focus primarily on monitoring and reporting asset-level performance, identifying potential issues, and assisting managers with existing asset business plan development and implementation.

NAI GLOBAL
(NEW JERSEY) Managing Director, Investment ServicesThe ideal candidate will be a proven team builder and sales manager with a proven track record in investment sales. We will also consider top investment sales directors with proven success in select markets.

Promotions

BROADWAY REAL ESTATE PARTNERS
(NEW YORK CITY) Jonathon K. Yormak rises to COO, ending three years as executive vice president and general counsel.

LOWE ENTERPRISES
(LOS ANGELES) David Sonderegger takes a seat as senior vice president of the real estate group, directly responsible for West Coast construction management of commercial and industrial developments.

HENRY S. MILLER COMMERCIAL
(DALLAS) Four associates earn new titles for the local firm's office and industrial division. Eric Deuillet and Brett Owens are named senior vice presidents while Pete Richardson and Rick Ellis become vice presidents.

CB RICHARD ELLIS
(PHOENIX) Daniel Calihan and Kevin Cosca are accorded senior vice president and vice president titles, respectively. Calihan is marking his 11th year with the office and Cosca joined in 1996.

STUDLEY
(DALLAS) Jason Lichty rises to associate director from assistant director.

New Hires

TIC PROPERTIES MANAGEMENT
(GREENVILLE, SC) Barry Gruebbel becomes president of the TIC Properties LLC division. Most recently, he was acquisitions transactions manager for Dallas-based Behringer Harvard Funds.

RICHARDS BARRY JOYCE & PARTNERS
(BOSTON) Kristin O'Shea will focus on national accounts for brokerage services. She previously handled landlord and tenant transactions for Spaulding & Slye Colliers' Greater Boston Metrowest market.

RAL COS. & AFFILIATES
(NEW YORK CITY) Alan C. Reich takes on the role of executive vice president of project development. The executive filled the same role for nearly three years at Wolfson Group/Acta Realty plus EVP posts at G Holdings Corp. and York Hunter Group of Cos.

SUNRISE SENIOR LIVING
(McLEAN, VA) Frank Rockwood is named senior vice president of development. He previously managed the development group for Transamerica Senior Living.

DP PARTNERS
(CHICAGO) Terrence O'Brien comes aboard as construction manager for the Midwest, For eight years, he was a project manager for the Chicago office of Pepper Construction Co.

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