Corporate World
Over the past 12 months we have observed a marked increase in hiring activity and organizational reshuffling on the corporate real estate front. After a period of severe cutbacks during and following the "great recession," Fortune 100s and mid-cap sized companies alike are aggressively repositioning their real estate assets. Their focus has been on managing occupancy costs and addressing renewed business growth requiring real estate facilities expansion. However, hand-in-hand with this activity has been a significant shake up in the senior ranks of many companies, especially in the financial services and retail sectors. This is not surprising, as these areas were among the hardest hit in the recession with the most significant organizational cutbacks, often focused on expensive senior talent. Now they are in a rebuild and restructure mode, and the good news is that the talent pool remains strong. I expect that we will continue to experience hiring activity on the corporate front, including growth on the corporate services side of the business as more companies trend to outsource models.
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.
CABLEVISION
Senior Operations Engineer
(HICKSVILLE, NY) The engineer will develop, maintain and inspect appropriate preventative maintenance plans for switch gears, emergency generator components and UPS systems and it's components; schedule contractors to complete work on complex repairs with vendors, engineers and/or in-house staff as well as work alongside them providing instruction and insight; and respond to all major alarms/outages as well as be available for technical support either in person or over the phone; among other duties.
PALMER CAPITAL INC.
Capital Markets Partner
(SACRAMENTO) The partner will be responsible for underwriting, marketing, structuring debt and equity, and the management of client relationships; among other duties.
TOLL BROTHERS INC.
Multi-Family Development Executive
(HORSHAM, PA) The executive will be responsible for overseeing ground-up development of multi-family properties; building and maintaining strong relationships with brokers, banks, and financial institutions to continue building the development pipeline; and executing strategic plans and maintaining annual budgets for each investment; among other duties.
GREENSTREET REAL ESTATE PARTNERS, LP
Real Estate Manager
(CALIFORNIA) The manager will be responsible for asset management of a large portfolio of single-tenant assets located in the Western US Region; review and assessment of real estate locations, including the review of a site's real estate fundamentals, market demographics, the competitive set and other key business drivers; and preparation of necessary reports for sites and markets; coordinate with real estate analysts to ensure that all pertinent information is captured in the company's asset management system; among other duties.
GRAMERCY CAPITAL CORP.
Regional Portfolio Manager
(JENKINTOWN, PA) The manager will act as a single point of GKK contact with overall responsibility for the planning and coordinated delivery of all management services for an assigned portfolio; accordingly, the regional portfolio manager bears primary responsibility for the quality, appropriateness and completeness of all service delivery on each assignment; and will develop and successfully implement an overall Strategic Asset Plan (business plan) designed to enhance the value of the assigned portfolio; among other duties.
PRUDENTIAL
Investment Analyst
(PARSIPPANY, NJ) The analyst will prepare analysis of investment decisions such as leasing, financing, buying, selling, etc.; prepare various quarterly reports; portfolio analysis including modeling and projections; and coordinate quarterly appraisal process for properties and identify factors contributing to changes in valuation; among other duties.
DEUTSCHE BANK
Transaction Analyst
(NEW YORK CITY) The analyst will perform detailed cash flow analysis and underwriting for new investment opportunities; assist with preparation of investment committee memorandum; and prepare financing packages; among other duties.
EQUITY RESIDENTIAL
VP – Construction Services
(TUKQILA, WA) The VP will be responsible for budgeting and execution of capital projects, contract negotiation, tracking results, and maintain compliance with policy and procedures. The primary focus is to maximize efficient operations of the Construction Services group in order to ensure that Capital projects are properly indentified and executed, scopes of work are accurate, quality control of completed work and oversight of financial and administrative reporting; 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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MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES
(PHILADELPHIA) Marcus & Millichap is promoting Mark E. Taylor to first vice president investments. Most recently, Taylor held the title of vice president investments.
CUSHMAN & WAKEFIELD
(NEW YORK CITY) Cushman & Wakefield Retail Services is promoting Michael O'Neill, Matthew Seigel and David Tricarico to senior director; Steven Soutendijk to director; Thomas Citron and Jonathan Scibilia to associate director; and Alisa Amsterdam, Sarah Fabian, Chris Schwart and Carl Wunderlich to senior 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.
VOIT REAL ESTATE SERVICES
(NEWPORT BEACH, CA) Voit Real Estate Services is hiring Jessamyn Miller as marketing manager. Miller previously served as marketing and communications manager at the Orange County Community Foundation.
MISSION CAPITAL ADVISORS, LLC
(GRAND RAPIDS, MI) Mission Capital is hiring Tom Lane as a director.
J.P. MORGAN ASSET MANAGEMENT
(NEW YORK CITY) J.P. Morgan Asset Management is hiring Rich Gomel as managing director and partner of its boutique opportunistic real estate investment group, Junius Real Estate Partners. Gomel joins from Starwood Capital Group, where he served as managing director.
COLLIERS INTERNATIONAL|INDIANA REGION
(INDIANAPOLIS) Colliers International | Indiana Region is hiring Janice Paine as senior advisor to the Investment Services Group.
HEI HOTELS & RESORTS
(NORWALK, CT) HEI Hotels & Resorts is hiring Dave Baxter as general manager of the Sheraton Austin in Austin, TX; Daniel J. Bettencourt as hotel manager Embassy Suites Orlando Downtown; and Tom Mulroy as general manager of the Sheraton Fort Lauderdale Airport and Cruise Port Hotel.
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