“Home Sweet Home”

More often than not, searches for senior executives involve a national recruiting process and potential relocation issues. Not long ago, I wrote about how family issues such as kids in high school or elderly parents can turn the process upside down. Typically, the sale of the home was not an issue because there was no expectation of a delay in selling the house. On the contrary; homes usually traded for a healthy profit. Well, that’s ancient history. In the past 30 days, we have had two final candidates blow the whistle on search processes because of soft housing markets back home and the fear that they will be stuck carrying two mortgages, or, worse, have to write a check to make a sale. There’s also the sticker shock on the buy side if they are moving from a second-tier city to a major metro. Clearly, employers are going to have to rethink their relocation packages because candidates (and employees asked to relocate) are not prepared to foot the bill.

Tony LoPinto is CEO of Equinox Partners, an executive search firm specializing in the real estate industry, and parent company of SelectLeaders. The views expressed in this article are the author’s own.
Job Opportunities
JPMORGAN ASSET MANAGEMENT Real Estate Infrastructure and Investments—Senior Review Appraiser (NEW YORK CITY) Reporting to the director of valuations, the appraiser will review external and quarterly internal appraisals for commercial real estate assets and OECD infrastructure assets. SELECTLEADERS Project Manager—Hospitality (TEXAS) A leading real estate company seeks a project manager to oversee the development of the company’s hospitality assets. MACQUARIE REAL ESTATE INC. Manager—Portfolio Services (CHICAGO) Responsibilities include advising on real estate valuations and market fundamentals; coordinating, reviewing and analyzing third party due diligence to prepare property reports; and performing market and property data analysis for assets under management. KEYBANK Vice President, Asset Management, Special Servicing and Transactions (KANSAS CITY, MO) The VP will direct special-servicing staff in the management and disposition of a portfolio of loans and investments to maximize recovery and meet the portfolio’s goals. FEDERAL REALTY INVESTMENT TRUST Senior Financial Analyst (ROCKVILLE, MD) The analyst is responsible for all financial aspects on portfolios totaling approximately one fourth of the Trust’s properties on the east coast. CB RICHARD ELLIS Senior Real Estate Manager (MCLEAN, VA) Responsibilities include managing a portfolio of commercial office properties, marketing and leasing the properties, negotiating with landlords and tenants, supervising on-site management and inspecting the properties. AMKOR ENTERPRISES Manager, Energy & Environmental Services (CALGARY, AB) The manager will design, develop, implement and evaluate optimal energy and utility management strategies and building management systems as well as develop strategic curricular, facility and community initiatives.
Promotions No more than one submission per company will be considered per week. Submissions with multiple names will be capped at three for coverage in Executive Watch.
CUSHMAN & WAKEFIELD (NEW YORK CITY, LOS ANGELES and FRANKLIN LAKES, NJ) The company promoted Robert Giglio from executive director to executive vice president, Eric L. Olofson II from executive vice president to vice chairman and Gary Gabriel to executive vice president. POINT2 TECHNOLOGIES (SASKATOON, SK) Zach Scott has been appointed chief technology officer. JACKSON-SHAW (DALLAS) Joy Chiles has been named vice president—controller, responsible for overseeing all financial reporting for the company. She has been with Jackson-Shaw for a decade. WALTON CONSTRUCTION ST. LOUIS (ST. LOUIS) The company recently promoted Tom Kaiman from operations manager to vice president of operations, Steven Frisbee from contract administrator to manager of facilities and administration and Nathan Wever from project engineer to assistant project manager. GROSVENOR (WASHINGTON, DC) The firm has named Michael Ward to the newly appointed role of vice president of development. He joined the company’s office in Vancouver, BC in 2002. KEYSTONE PACIFIC PROPERTY MANAGEMENT INC. (IRVINE, CA) Steve Koerner has risen to accounts payable supervisor. He was previously escrow specialist and has been with the company since 2001. TRAMMELL CROW CO. (DALLAS) TCC promoted Richard Fletcher to managing director and chief acquisitions officer and Harry M. Lake to senior vice president—acquisitions. MACK-CALI REALTY CORP. (ELMSFORD, NY) Aprill Harrington was named leasing assistant with the company.
New Hires No more than one submission per company will be considered per week. Submissions with multiple names will be capped at three for coverage in Executive Watch.
SL GREEN REALTY CORP. (NEW YORK CITY) David M. Kaufman has joined the company as senior vice president of leasing. He previously held positions with the Winter Organization and Trizec Properties. MARCUS & MILLICHAP CAPITAL CORP. (WASHINGTON, DC and SEATTLE) Leslie Charapp has been hired as an associate director and Glenn Gioseffi was named director of the firm’s Seattle office. Charapp moves to MMCC from Countrywide Commercial Real Estate Finance. Gioseffi was with BMC Capital. STARWOOD HOTELS (WHITE PLAINS, NY) Simon Turner has been named president, global development. He will assume responsibility for hotel and resort development, property acquisitions and real estate investment management. He was previously with Hotel Capital Advisers, Inc. DIRECT DEVELOPMENT (DALLAS) Jana Bean has joined the team as vice president—development after six years with Target Corp. POTOMAC REALTY CAPITAL LLC (NEEDHAM, MA) Ricardo Alburez comes on board as chief credit officer. He joins the company from Taberna Capital Management. REALOGIC (CHICAGO) Amy VanSwearingen has been hired as a manager in the lease abstracting department. Before joining Realogic, she was with Wind Realty Partners. REALTY CAPITAL INTERNATIONAL LLC (NEW YORK CITY) The firm names Robert Diamond senior vice president. He comes on board from Bear Stearns & Co., Inc. EPIC REALTY PARTNERS/TCN WORLDWIDE (ROSEMONT, IL) Jeff W. Rosenbloom has joined the company as a broker after serving as a senior associate with Grubb & Ellis. MORGAN/HARBOUR CONSTRUCTION (WOODRIDGE, IL) The company welcomes Michael Casmer as project manager. He was previously employed by TCB Design Build. CB RICHARD ELLIS INVESTORS (LOS ANGELES) CBRE announces the hiring of Stephen Zaleski as managing director. His previous experience includes time with Berkshire Property Advisors, Lend Lease Real Estate and Boston Financial Group. OPUS SOUTH CORP. (TAMPA, FL) John Flavin has been appointed vice president of the Florida region. He was previously president and CEO of Gates Capital Group. BEHRINGER HARVARD (DALLAS) Gerald D. Oliver Jr. will join the company as senior vice president of property management. He has more than 25 years of experience in the industry, most recently with Grubb & Ellis. LANDAMERICA FINANCIAL GROUP, INC. (RICHMOND, VA) Warren Kitchens comes on board as vice president of the company’s cost segregation services. He comes to LandAmerica from Grant Thornton LLP. O&S HOLDINGS LLC (SANTA MONICA, CA) The company has named Kathy Hackshaw property manager of its new Bridge Street Town Center project. CRIMSON SERVICES (DENVER) Megan Carraway has been appointed marketing coordinator for the sales and leasing team. J.E. ROBERT COS. (NEW YORK CITY) The company expands its team with three new hires. James W. Green and Mark Chamieh have joined JER Partners as managing directors. Brent Feigenbaum will fill the roles of director and chief marketing officer of J.E. Roberts Cos. CONDON THORNTON HARRELL MALIK LLP (DALLAS) William L. Sladek has been hired as a partner with the firm. He spent the last two decades at Jenkens & Gilchrist and Hunton & Williams. SERVIDYNE, INC. (ATLANTA) The company has added George Plattenburg to the payroll as senior vice president of sales and marketing for Servidyne’s building performance experts segment. He joins the company from Continental Broadband. NAI OLYMPIA PARTNERS (INDIANAPOLIS, IN) Lynn M. Lannquist has been appointed director of office and medical office sales and leasing. TRANSWESTERN (CHICAGO) Ron Lakin has been named senior vice president of agency leasing services. He was most recently with the Shaw Company, where he was an executive vice president. TRAMMELL CROW CO. (DALLAS) David Bass has been hired as senior vice president—asset management in the company’s acquisition funds group. He was previously an associate partner/senior asset manager with Invesco Real Estate. NEW BOSTON FUND, INC. (BOSTON) The company has named Gregory W. Anderson assistant vice president of marketing and communications. He joins New Boston from the Nordblom Company. BROADWAY PARTNERS (BOSTON) Mark C. Roopenian has taken the role of vice president of leasing and asset management. The industry veteran was most recently a partner at the Chiofaro Co.

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