Circus Time

My head is spinning. I am not sure where to begin to frame myviews on the travesty that I witnessed on Sunday evening. It was acongressional side-show not quite up to par with Ringling Brothers.And so much for bi-partisanship, with not-a-one Republican vote.Let me make it clear that I am a major proponent of healthcarereform, but this legislation is--I don’t know what. It is not good,in my view, for our industry. For starters, the bill provides for aMedicare Payroll tax on investment income. Beginning in 2012, thebill legislates a 3.8% tax on investment income for families makingmore than $250,000 per year--$200,000 for individuals. It’s notonly the rich that are going to be taxed, it’s the entrepreneurs,developers, and other risk takers, that will start to "do deals"and build a recovery out of this mess. I’m disgusted with the waythis, one of the most important issues of our time, was relegatedto a circus side-show, and a bad one at that.

Tony LoPinto is a senior client partner and head ofKorn//Ferry International’s Real Estate Practice and founder ofSelectLeaders. The views expressed in this article are the author’sown.
JobOpportunities
COLLIERSINTERNATIONAL
Business Analyst
(DENVER) Colliers International is a full service real estatecompany providing clients with real estate solutions through sixmajor business lines: appraisal and valuation, tenant and landlordrepresentation, corporate solutions, investment services, projectmanagement, and real estate management services. This position willprimarily support the CEO of the US business on strategicinitiatives. Specific duties include utilizing advanced analytictools; leading teams in strategic analyses, alternatives and reviewof critical data at all levels, functions and regions of theorganization; and preparing periodic updates of division strategyand operations, and general strategy presentations. MBA instrategy, marketing, finance or operations required. Two to fiveyears experience in strategy, marketing, finance, operations orbusiness development also required.

COSTAR GROUP
Research Manager – Commercial Real EstateData
(WHITE MARSH, MD) The manager is responsible for oversight of dataquantity, accuracy and completeness; quality assurance; brandawareness; staff management, coaching and development; andrecruiting and retention; among other things.

THE PALMER TEAM
Structured Finance Partner
(SACRAMENTO, CA) The finance partner will be responsible forfinancing transactions at all levels of the capital stack;underwriting and structuring debt and equity products forinstitutional clients; among other duties.
CB RICHARDELLIS
Sr. Financial Analyst
(SAN FRANCISCO) The analyst will translate deals; handle budgetsand forecasting; underwrite income-producing properties such asoffice, retail, industrial, and multi-family investments; analyzeleases and associated property due diligence reports such as rentrolls, operating statements, and expense reconciliation; examineand analyze financial results such as budgets and profit and lossstatements; among other duties.

COLE REAL ESTATE INVESTMENTS
Analyst, Real Estate Acquisitions
(PHOENIX) The analyst will complete quarterly business planforecasts for all REITs and funds; work with our real estatedepartments to collect information for key business planningassumptions; prepare quarterly business plan reports fordistribution to executive team; maintain portfolio and propertydata underlying business plan forecasts; and run business plansensitivities and scenarios for all REITs and funds; among otherduties.

WELSH COMPANIES, LLC
Director of FinancialReporting/Controller
(MINNETONKA, MN) The director will be responsible forcoordinating, formatting, and updating the quarterly SEC filingsand other regulatory filings; run consolidated reports from thegeneral ledger, prepare financial statement footnotes; coordinatewith senior management, external auditors, inhouse/external legalcounsel, and external printers to enable timely review/approval ofSEC filings and related forms; among other duties.
CORPORATEOFFICE PROPERTIES TRUST
Senior Property Manager
(COLORADO SPRINGS, CO) The property manager is responsible for theoverall management of assigned property portfolio and assigned COPTcornerstone office; ensure that quality customer service isprovided and all properties operate within the economic operatingconstraint of the operating budget; and ensure that companyphysical assets are maintained in good condition; among otherduties.

REALOGY CORP.
Senior Vice President Global ClientSolutions
(PARSIPPANY, NJ) The SVP will identify all internal and externalbusiness development opportunities; establish financial goals anddeliver on those outlined thresholds; build strong relationshipswith affiliates and internal departments; create monthly,quarterly, annual reports for senior management to trackimplementation of strategic plan and more importantly actualbusiness developed; among other duties.
PromotionsNo more than one submission per company will be considered perweek.
Submissions with multiple names will be capped at three forcoverage in Executive Watch.
MARCUS& MILLICHAP REAL ESTATE INVESTMENT SERVICES
(OKLAHOMA CITY) Marcus & Millichap is promoting ScottLamontagne to associate vice president of investments in theOklahoma City office. Lamontagne was formerly the regional managerof the Encino office.
GRUBB & ELLES|LASVEGAS
(LAS VEGAS) Grubb & Ellis|Las Vegas is promoting Dave A.Dworkin to research manager.
NewHiresNo more than one submission per company will be considered perweek.
Submissions with multiple names will be capped at three forcoverage in Executive Watch.
COLE REAL ESTATEINVESTMENTS
(PHOENIX) Cole Real Estate Investments is hiring Boyd Messmann asVP of Acquisitions. Prior to joining Cole, Messmann served aspresident and CEO of Blaire Energy, LLC.

FHO PARTNERS
(BOSTON) FHO Partners is hiring John F. McHugh, Jr. as vicepresident in the asset advisory group. McHugh previously worked asa senior vice president in the Boston office of JLL.

GRUBB & ELLIS CO.
(CHICAGO) Grubb & Ellis is hiring Bob Peterson as managingdirector, corporate services.

NAI GLOBAL
(NEW YORK CITY) NAI Global is hiring Vladimir Spector, MelZimmerman and Henry Widmaier, former brokers with Helmsley Spear inManhattan, as managing directors.
360COMMERCIAL PARTNERS
(IRVINE, CA) 360 Commercial Partners is hiring Zachary P. Niles tobe director of the industrial advisory group. Prior to joining 360Commercial Partners, Niles was first vice president of CB RichardEllis' Anaheim, CA office.

COLLIERS MEREDITH & GREW
(BOSTON) Colliers Meredith & Grew is hiring Ronald K. Perry aspresident. Kevin Phelan will assume the role of co-chairman withTom Hynes.

PORTFOLIO PROPERTY MANAGEMENT GLOBAL, LLC
(RALEIGH, NC) Portfolio Property Management Global, LLC is hiringWinter Lofaro as property manager to oversee daily managementoperations at Cary's Crossroads Corporate Park. Previously, Lofaroworked as a property manager.

SAVILLS US
(NEW YORK CITY) Savills is hiring Brian Jenkins as a senior vicepresident in the firm's medical real estate team.

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Anthony J. LoPinto

Tony LoPinto is the Global Sector Leader of Korn Ferry’s Real Estate Practice and founder of SelectLeaders. For the past 18 years LoPinto has been serving his clients with deep knowledge and perspective on talent needs and organizational challenges to public and private companies – knowledge gained from a 25-year career in real estate. Prior to his current position, he founded and served as chief executive officer of a boutique real estate executive search firm, where he oversaw offices in New York, Chicago, Washington, DC, San Francisco and Los Angeles. He has successfully led several high profile search engagements for chief executive officers, directors and a wide-range of executive level positions across all industries and sectors. He earned a Bachelor of Arts degree in European history from Loyola University in Chicago.