Transitions
I read a quote the other day that resonated with me, and I thought that I would share it for this week’s column. Craig Barrett, the retired CEO of Intel, said in a speech recently, “There is a general rule in business life: Market share is won or lost during transitions.” The quote caused me to reflect that we are once again in a time and at a place that will define our economic future. The lesson learned following the shocks of September 2008, and every severe economic downturn that preceded it, is that those who are not meek of heart and sense an opportunity are able to take market share from and capitalize on businesses that are caught short and do not advance. From an organizational point of view, this is again a time to remove weak performers and recruit top talent. All too often companies address the removal phase, but do not have the vision to go into the market and recruit to build a stronger bench.
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.
STARPOINT COMMERCIAL PROPERTIES, LLC
Sr. Commercial Property Manager
(BEVERLY HILLS, CA) The manager will ensure the efficient management of company assets responsible for by: preparing and maintaining the adherence to budgets; monitoring income and expenses; calculating direct expense reimbursement and common area maintenance fees; liaising with and managing third party property management companies and leasing teams; and negotiating leases; handle investor relations within assigned portfolio for over 200 TIC and private investors, including; preparing and auditing monthly/ quarterly financial statements and narratives; among other duties.
HOWARD UNIVERSITY
Managing/Executive Director, Capital Assets Development
(WASHINGTON, DC) The director will be responsible for strategic planning; oversee the Campus Master Plan (CMP) program; aggregate inputs to strategic planning for the purpose of recommending strategic facilities decisions to HU leadership; develop short and long-term plans for strategic acquisition for parcels needed to complete and/or enhance CMP; and develop short and long-term plans for retail strategy; among other duties.
NEW YORK LIFE INVESTMENTS
Senior Commercial Loan Originator
(PLANO, TX) the originator will be responsible for proactive solicitation of mortgage loan opportunities through developers, mortgage brokers and investors, as well as the analysis, underwriting, presentation and closing of mortgage loans; among other duties.
JAMESTOWN
Vice President, Construction
(ATLANTA) The vice president will manage design and construction of capital improvements; oversee tenant improvements for assigned assets; oversee construction efforts to ensure projects are constructed in accordance with design, budget, and schedule; and select and manage project contractors to include architects, general contractors, engineers, and related consultants; among other duties.
PACIFIC LIFE INSURANCE CO.
Senior Real Estate Investment Analyst
(NEWPORT BEACH, CA) The analyst will provide analytical and underwriting support of commercial real estate debt investments including whole loans and loan participations to meet the Real Estate Division’s investment objectives; among other duties.
PROBUILD
Director Corporate Real Estate
(DENVER) The director will be responsible for business and property demand/supply analyses, characterization of demand data and supply data to enable the identification of operational solutions, developing and evaluating business cases against corporate strategic plans and functional area priorities, and reconciling competing priorities; among other duties.
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BERKSHIRE PROPERTY ADVISORS
Acquisitions Associate
(NEW YORK CITY) The associate will be responsible for the due diligence of transactions under consideration, including communication with brokers, agents and principals to complete research, validate underwriting assumptions and prepare presentations regarding potential transactions for review by the investment committee; developing the necessary information and analysis to support capital raising efforts; and the ongoing monitoring of portfolio investments, including an active role in internal communication regarding portfolio companies; among other duties.
PACIFIC WEST LAND
Retail Leasing Director – Project Manager
(BAINBRIDGE ISLAND, WA) The leasing director will manage a team to implement leasing and capital strategies for each assigned asset; monitor portfolio progress toward achieving asset leasing and income goals; travel to the markets in which the assets are located monthly; 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.
MARCUS & MILLICHAP
(HOUSTON) Marcus & Millichap is promoting David Luther to national director of the firm’s National Hospitality Group (NHG) and regional manager of the firm’s Houston office.
PERKOWITZ+RUTH ARCHITECTS
(LONG BEACH, CA) Perkowitz+Ruth Architects is promoting Richard Martin to director of sustainability.
CBRE
(MILWAUKEE) CBRE is promoting Tim Brauer to its new market leader for Wisconsin.
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.
INTEGRA
(MIAMI) Integra Realty Resources has hired three new Florida executives as directors and executive Managing Directors as they expand their offices: Michael Jonas will head up the Sarasota office as director; Diane Gilbert will join the Miami office as executive managing director and Harry Newstreet joined as director and will be responsible for expanding service lines in Broward and Boca Raton.
GRS GROUP
(LOS ANGELES) GRS Group is hiring Janice E. Carpi on its title services team.
UGL SERVICES
(CHICAGO) UGL Services is hiring Donna Becco Schroeder as a senior vice president who will be leading the Occupier Consulting Services Group, based in the UGL Services Chicago office.
JONES LANG LASALLE
(LOS ANGELES) JLL is hiring George Cushing as managing director, and Wendy Vandeventer as new vice president in our Houston office; and Rob Bickel is a new managing director.
COLLIERS INTERNATIONAL
(NEW YORK CITY) Colliers International is hiring Robert D. Corbi to serve as a director within the firm’s rapidly growing Tenant Representation team.
CENTERLINE CAPITAL GROUP
(NEW YORK CITY) Centerline Capital Group is hiring Brent Feigenbaum as head of its corporate marketing communications and investor relations departments.
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