Digital Dust
Google founder Larry Page just returned as CEO to drive "development," and Google's go-forward strategy is focused on creating applications for smart phones and other mobile devices. Why? Because Google is playing catch-up with Apple on the app front; 100,000 apps for Google versus 350,000 for Apple. Okay, so why is this relevant for Executive Watch? Because real estate is in the digital dust when it comes to applying technology to the business, no less how to integrate cutting-edge applications and other digital resources. Tomorrow's execs recognize that digital marketing, digitizing corporate communications (internal and external), and charting new digital courses for running the business, must be core to the game plan. So, Mr. CEO, having an iPad doesn't make a difference, but conceptualizing, applying and integrating the emerging technology into your business does.
Tony LoPinto is a senior client partner and head of Korn//Ferry International’s Real Estate Practice and founder of SelectLeaders. The views expressed in this article are the author’s own.
HOLLIDAY FENOGLIO FOWLER, L.P.
Real Estate Analyst Debt
(PITTSBURGH) The analyst will prepare commercial mortgage loan/sales packages for presentation to lenders and buyers; respond to lender and borrower questions; work with production coordinator on loan requests; and coordinate information regarding market data, occupancy data, expense analysis, aerials, maps, rent/sales, comparables and occupancy; among other duties.
THOR EQUITIES, LLC
Property Accountant
(NEW YORK CITY) The property accountant will maintain the general ledger; process and review all journal entries; make all adjustments to balance sheet; reconcile all bank accounts; reconcile AP and AR detail; coordinate the month end close process; and handle accruals, among other duties.
SIONI AND PARTNERS
Associate- Investment Sales Division
(NEW YORK CITY) The associate will be responsible for sale of investment properties; effectively structure transactions from conception to finalization; assess and underwrite investment opportunities; prepare proposals and offers; market and position an asset; and develop a client base; among other duties.
LNR PROPERTY CORP.
Senior Analyst
(BOSTON) The analyst will track loan and property-level information, including financial statements; analyze property financial statements and rent rolls for specific loans; prepare select property loan valuations in LNR's proprietary cash flow model for review by asset manager; and track servicing requests on selected assets and review servicing numbers for accuracy against loan documents; among other duties.
CUSHMAN & WAKEFIELD, INC.
Associate Principal – Business Consulting
(NEW YORK CITY) The associate principal will oversee multiple projects and be responsible for ensuring that team resources are allocated and used in the most effective way possible; lead and coach junior team members so that they complete a project performing at a higher level than when they began the project; and support service line business development goals; among other duties.
EQUINOX
Director of Development
(NEW YORK CITY) The director will be responsible for coordination of all development tasks and schedules; acquisitions support, which will include site feasibility and base building diligence/survey; lease, lease exhibit, and landlord work letter review and negotiations; and entitlement support, which will include preparation for, and attendance at, land use meetings and hearings; among other duties.
CAPITAL CROSSING SERVICING CO., LLC
Vice President
(BOSTON) The VP will be responsible for internal real estate evaluation, valuation, market analysis and general consultation in connection with our loan purchasing and loan servicing businesses; analysis of multiple property types, locations and markets throughout the US; and assistance with the supervision and training of junior staff members; among other duties.
JOHNSON CONTROLS
Sr. Transaction Manager
(SCHAUMBURG, IL) The manager will manage client relationship for regional area of responsibility; develop portfolio strategies to optimize utilization and occupancy cost; report on portfolio performance; oversee real estate execution activity; and coordinate with other senior portfolio managers; among other duties.
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.
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CB RICHARD ELLIS GROUP, INC.
(LOS ANGELES) CB Richard Ellis is promoting Todd Caruso to lead the company's retail agency practice for brokerage and asset services in the Americas.
KW PROPERTIES GROUP
(LAS VEGAS) KW Properties is promoting Donna Clark to senior managing director of KW Properties Group and Monica Ponce to regional managing director of KW Properties Group. Clark will manage the company's Northern California and Las Vegas portfolios and Ponce will manage property accounting for Northern California, Las Vegas and Southern California properties.
MARCUS & MILLICHAP
(PALO ALTO, CA) Marcus & Millichap is promoting Adam Levin to associate vice president investments. Most recently, Levin held the title of senior associate.
AGREE REALTY CORP.
(FARMINGTON HILLS, MI) Agree Realty Corp. is promoting Jared Gell to director. Gell joined the company in 2008 and had previously served as an associate.
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.
GEORGE SMITH PARTNERS
(IRVINE, CA) George Smith Partners is hiring David Stepanchak as director of research and information.
NATIONAL MULTI HOUSING COUNCIL
(WASHINGTON, DC) NMHC is hiring Cindy Chetti has been named senior vice president of Government Affairs for the National Multi Housing Council (NMHC).
GRUBB & ELLIS CO.
(CHICAGO) Grubb & Ellis is hiring Rene Circ as vice president, national director of research, industrial. Circ joins Grubb & Ellis from First Industrial Realty Trust.
COLLIERS INTERNATIONAL
(NEW YORK CITY) Colliers International is hiring Charles Goldberg to serve as a senior managing director. Prior to joining Colliers International, Goldberg worked for NAI Global.
AVISON YOUNG
(CHICAGO) Avison Young is hiring Suzanne Martinez as a principal and SVP in the capital markets group. Martinez comes to Avison Young from Jones Lang LaSalle.
MOHR PARTNERS
(CHARLOTTE, NC) Mohr Partners is hiring Keith Bell, Scott Dumler and Jack Glasgow as managing partners to lead it. The team brings over 25 years of collective experience in the commercial real estate industry.
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