China Report
I am reporting this week from Hong Kong, where I'll be spending a few days before traveling to Shanghai and then to Beijing. Reports that the real estate market here has cooled down are exaggerated, and I'm observing cranes and more cranes producing yet more housing in a market that is already astounding in terms of the density of development. What strikes me more than all the new development is the Hong Kong mass transit system – it is clean, efficient, and on runs time. Eighty percent of the Hong Kong workforce uses mass transit and the government regularly improves and maintains its railways, buses, and light minibus services. The US transit infrastructure, in comparison, is in decay and funding is funneled into preservation, not improvement, of the systems. This contrast has been a real wake-up call for me this week, but I know that all we'll get this political season is more rhetoric and lots of chatter, but no constructive focus on a fix.
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.
MASSACHUSETTS INSTITUTE OF TECHNOLOGY
Assistant Manager – Repair and Maintenance
(CAMBRIDGE, MA) The assistant manager, in partnership with the manager, is responsible for oversight of the functions within RM encompassing structural, mechanical, plumbing, electrical, fire protection, HVACR, 24/7 operations center, carpentry, general repair services, and planning and scheduling.
WILLIAMS & WILLIAMS
Commercial Real Estate Sales
(TULSA, OK) The ideal candidate will have a minimum of ten years experience in commercial real estate sales. The candidate must show an established aptitude for buying, selling, and liquidating commercial property.
ROSS STORES
Real Estate Law Attorney/Director
(PLEASANTON, CA) The objective is to negotiate and prepare legal documents and perform other real estate legal services on an in-house basis in order to minimize outside legal fees, while building in-house expertise.
NCREIF
Chief Executive Officer
(CHICAGO) The CEO is responsible for both the day-to-day management of the National Council of Real Estate Investment Fiduciaries (NCREIF) and, in conjunction with the Board of Directors, developing and implementing the strategy to ensure that NCREIF fulfills its mission.
TIAA-CREF
Senior Commercial Real Estate Analyst
(CHARLOTTE, NC) The right individual will focus on various aspects of commercial real estate, including financial operations, reporting, lease administration and Argus along with a broad understanding of commercial mortgage, private-equity, timber and agriculture assets.
EQUITY OFFICE PROPERTIES
Vice President Asset Management
(NEW YORK CITY) The position will partner with the market leaders to oversee an assigned portfolio of assets with a focus on enhancing value. This position is responsible for analyzing risk return with respect to underwriting investment opportunities, analyzing capital allocation complex leases, managing expenses and reporting results.
HEALTHCARE TRUST OF AMERICA
Financial Analyst
(SCOTTSDALE, AZ) The candidate must have experience in developing and analyzing existing investment models with the ability to create new models.
ODGERS BERNDTSON
Senior Vice President, Corporate Resources
(VANCOUVER, BRITISH COLUMBIA) The ideal candidate has served as a strategic advisor in either an operating or consulting capacity to the president chief executive officer and his/her leadership team on enterprise-wide human resources, communications and strategic planning.
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
(NEW YORK CITY) The board of directors of Marcus & Millichap Real Estate Investment Services promoted Joseph Koicim to associate vice president investments. Most recently, Koicim held the title of senior associate in the Manhattan office.
CRESAPARTNERS
(NEW YORK CITY) CresaPartners has promoted Justin Halpern to vice president in its New York office. Prior to joining CresaPartners in 2007, Mr. Halpern was a sales associate at Aetna Inc.
HFF
(AUSTIN, TX) HFF announced that its Austin office has expanded with the addition of Robert Wooten as an associate director in the debt placement group and Kelsey Roop as an associate director in the investment sales group. Wooten joins the Austin office from HFF Houston, where he worked in the debt placement group since 2007. Roop is relocating to the Austin office from HFF Dallas where she has worked for the investment sales group since 2007.
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.
CUSHMAN & WAKEFIELD
(PHILADELPHIA) Cushman & Wakefield has added Adam D. Campbell as Director on the firm's growing industrial platform in Pennsylvania. Prior to joining Cushman & Wakefield, Campbell was vice president of Campbell Commercial Real Estate, Inc, a family-owned and operated firm providing local real estate brokerage in Central Pennsylvania.
BERKADIA COMMERCIAL MORTGAGE (HORSHAM, PA) Lisa Lautner, Heidi Brunet and Nicole Perri joined Berkadia's senior housing and healthcare team. Lautner, a senior vice president, previously served as a senior vice president in Oak Grove Capital'sseniors housing and healthcare group. Brunet and Perri, who both recently served at Oak Grove Capital, join Berkadia as vice president and assistant vice president, respectively.
SKANSKA USA
(NEW YORK CITY) Skanska USA Building Inc. announced the hiring of Joshua Kohner as corporate counsel. He will provide legal counsel for Skanska's portfolio of large, complex projects as well as the unit's design-build and integrated project delivery Center of excellence.
THE ROCHLIN ORGANIZTION
(JERICHO, NY ) Joann Saul, a commercial real estate marketing specialist and well-known industry statistician, has joined The Rochlin Organization as market research administrator. Saul was a lease administrative manager at CLK/HP, a commercial landlord based in Woodbury.
NAI KILPATRICK
(OAKLAND, CA) Paul Adelman was named senior associate in the firm's Oakland office. He specializes in Investment sales of commercial properties in Alameda and Contra Costa counties.
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