Retro on the Recovery- 09.21.2010
Yesterday it was announced by the National Bureau of EconomicResearch's Business Cycle Dating Committee (a group of academiceconomists that determines the widely accepted benchmarks for USrecessions) that the end of the recession occurred in June 2009. Bymy calculation, that means that we are well into the recovery, andwe should all be feeling real good about now. Not! Stay tuned forthe next installment in Washington as the bureaucrats flog eachother on who has the better answer for moving the stalled economy.We really do deserve better than what is being served up on eitherside of the aisle.

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.

Job OpportunitiesLOCATE A JOB

STRATEGICCAPITAL SOLUTIONS
Mortgage LoanOfficer
(NEW YORK CITY) Strategic Capital Solutions is seeking anexperienced commercial real estate mortgage loan officer/originatorfor its Wall Street area head office. This position requires strongsales skills with a track record of sales success.

COSTAR GROUP
Director of InvestorRelations
(WASHINGTON DC) Leading the Investor Relations function for CoStarthrough a new phase of growth and expansion, the Director ofInvestor Relations will cross-functionally and cross-departmentallymanage the strategic planning, on-going development andcoordination of all investor relations activities with the goal ofbroadening and increasing shareholder value and enhancing thecompany’s image in the investment community.

THE PALMER TEAM
Capital MarketsPartner
(SACRAMENTO) A successful candidate will be responsible forunderwriting, marketing, structuring debt and equity, and themanagement of client relationships. A minimum of a Bachelor’sdegree is required, as well as experience in commercial realestate.

CONFIDENTIAL
Asset Manager
(NEW YORK CITY) The position is based in Westchester County, asuburb of New York City, and reports to the Managing Director andHead of Asset Management. The successful candidate will be a realestate professional with a proven track record of managing assetsand adding value, in particular within the multifamily sector, butthe firm will be making investments in other asset classes inground up and redevelopment projects.

CB RICHARD ELLIS
Senior Investment Research Associate
(LOS ANGELES) The research analyst will leverage on the globalnetwork of CBRE’s research professionals as well as leadingeconomic forecasters to formulate the firm’s in-house investmentstrategy and conduct portfolio research.

REIT MANAGEMENT AND RESEARCH
Area Manager
(KANSAS CITY, KS) The manager will supervise and select staff withresponsibilities across multiple property management functionareas, including fiscal operations, tenant relations andengineering/maintenance. He or she will also manage the staff tobuild a strong team with the breadth and depth of experience togrow the region and to be considered an employer of choice.

DUKE REALTY CORP.
Assistant Vice President
(INDIANAPOLIS) The successful candidate will be responsible for theimplementation of Duke Realty's acquisition strategy includingcovering acquisition opportunities in assigned markets,underwriting deals, negotiating purchase price, and leadinginternal teams to transaction closing.

STARPOINT MANAGEMENT CO.
Regional Manager
(BEVERLY HILLS, CA) Starpoint Property Management is looking tohire a regional property manager who will enjoy our professionaland fun work environment. While the majority our portfolio is inSouthern California, we also have properties in San Diego, Atlantaand Santa Fe, NM.

PromotionsSUBMIT A PROMOTION

No more than one submission per company will be considered perweek.
Submissions with multiple names will be capped at three forcoverage in Executive Watch.

LCOR
(NEW YORK CITY) LCOR, the national real estate and developmentcompany, has promoted David A. Sigman to the position of executivevice president. During his career with LCOR, Mr. Sigman hasoverseen development of a wide range of projects, such as theClass-A office tower at 545 Madison Avenue in Manhattan's PlazaDistrict, the 191-unit Charleston luxury condo in Manhattan'sMurray Hill neighborhood, Manhattan's 205-unit Chelsea Stratuscondo in the Chelsea district, and the 142-unit 34 Berryresidential complex in Brooklyn's Williamsburg neighborhood.

FRIEDMAN REAL ESTATE GROUP
(FARMINGTON HILLS, MI) Friedman Real Estate Group, Inc. announcesthe promotion of Kevin H. George to senior vice president of thecommercial real estate division with Friedman Real Estate Group.Kevin has been with Friedman Real Estate Group since 2000, andspecializes in the sale of distressed assets.

New HiresPOST A NEW HIRE

No more than one submission per company will be considered perweek.
Submissions with multiple names will be capped at three forcoverage in Executive Watch.

KBS CAPITAL MARKETS GROUP
(NEWPORT BEACH, CA) KBS Capital Markets Group (KBS-CMG), anaffiliate of KBS Capital Advisors and KBS Realty Advisors, hasnamed Patrick Browne as regional vice president, responsible forIndiana and southern Michigan. For the past six years, he wasregional vice president of John Hancock Wealth Management inZionsville, where he was responsible for variable and fixed annuitysales in Indiana and Ohio.

NIXON PEABODY
(SAN FRANCISCO) International law firm Nixon Peabody LLP announcesthe arrival of partner Gary P. Downs. Downs, who will be based inthe San Francisco office, will work within the firm’s Regulatory& Real Estate Department. Mr. Downs joins from PillsburyWinthrop LLP where he was leader of Pillsbury’s Public Financepractice and co-head of Pillsbury’s Affordable Housingpractice.

AVISON YOUNG
(CHICAGO) Michael McKiernan, Avison Young principal and managingdirector of the company’s Chicago office, announced today that JohnHauser – one of Chicago’s top industrial real estate brokers – hasjoined Avison Young’s brokerage operations in Chicago. Effectiveimmediately, Hauser joins Avison Young as a principal and willcontinue his industrial practice in the northern suburbs of Chicagoand Southern Wisconsin.

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