Room Keys
Hotel execs are smiling these days as room rates and occupancy rates ratchet up and the hospitality business continues its strong recovery. Evidence of the rebound is reflected in hotel trades that are being announced weekly, and the biggest news has been in New York City with the announcement of Northwood Investors’ agreement to buy the Palace Hotel. This is on the heels of the Radisson Lexington Hotel and the New York Helmsley changing hands recently. Meanwhile, Felcor REIT is also under contract to buy the Royalton and Morgans hotels. This flurry of activity is consistent with the boom-bust cycle of the hospitality sector. Thus far we have not seen any new development, but there are rumblings that new hotel starts may emerge, especially as part of larger mixed-use ventures. Multifamily is already leading the new development cycle, and I expect we will hear about action on the hotel front sooner than you think. Developers, sit up and take notice!

Tony LoPinto is the Global Sector Leader of Korn/Ferry International's Real Estate Practice and founder of SelectLeaders. The views expressed in this article are the author’s own.

MULTIFAMILY AFFORDABLE REALTY TRUST
President
(BOSTON) The president will lead the achievement of the company's mission and business objectives including capitalization, portfolio growth, profitability and social impact; raise and deploy the initial $100 million of investment capital on a portfolio of affordable real estate projects in the company's target market segments; and develop asset sourcing relationships on both a flow and portfolio basis with private financial institutions, GSEs, syndicators, and government agencies to create a strong portfolio pipeline; among other duties.

HOWARD UNIVERSITY
Executive Director, Physical Facilities
(WASHINGTON, DC) The director will oversee all facilities management by ensuring performance through leadership, responsiveness and creativity; be accountable for fiscal, operational, and organizational management for all facilities; and manage supplier base to attain cost savings targets and support spending initiatives with minority/women-owned business enterprises; among other duties.

COMBINED PROPERTIES, INC.
Real Estate Analyst
(BEVERLY HILLS, CA) The analyst needs to be a bright and creative individual to join our development and acquisitions team. The projects we work on usually demand out of the box thinking and a passion for solving difficult problems. If you are a hard worker and willing to be dedicated to the job, we will help you learn all aspects of real estate. The position will allow someone to experience many facets of the development and acquisitions process, from the intricate details of financial analysis to the excitement of ground breaking.

CENTENNIAL REAL ESTATE CO.
Acquisitions Manager/Financial Analyst
(DALLAS) The acquisitions manager/financial analyst position is for a dynamic self-managing individual with extensive experience in the underwriting, evaluating and provide due diligence on the acquisition of retail properties. The candidate should be highly professional and possess the ability to work with third parties and under pressure.

FREDDIE MAC
Multifamily Loan Restructurings Senior
(MCLEAN, VA) The senior will be responsible for reviewing and approving resolution/disposition strategies for loans, as well as valuations of loans and REO; communicating with sellers/servicers about asset management issues and providing innovative and practicable solutions; analyzing operating statements and third-party reports; and preparing cash-flow projections, NCV analyses and business plans; among other duties.

PRUDENTIAL
Investment Analyst
(CHICAGO) The analyst will provide superior analytical support to senior members of the team on a wide variety of assignments; interact professionally with internal and external parties; and market research on competitors and/or new products; among other duties.

CB RICHARD ELLIS
Assistant Facilities Manager
(PHILADELPHIA) The manager will coordinate and oversee repair and maintenance projects with vendors and contractors; conduct site inspections at clients operations to ensure quality assurance and efficient customer service; and manage vendor relationships and approves appropriate unpaid invoices for all completed projects; among other duties.

BARTLETT & SKOFIELD
Regional Director Development & Leasing – Office
(WASHINGTON, DC) The director will have working experience with site plan design, ground up construction, redevelopment and tenant improvements; ability to quickly establish broker relationships and ability to source off-market transactions; experience working with construction contractors, architects, third party consultants, attorneys, accountants and others in development of real estate projects; ability to represent company with new or existing tenants and work through tenant improvements and other major construction projects; and expertise in financial reporting and analysis for real estate construction projects; 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.

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.