Non-Compete Complications

Employers should be required to fully disclose the terms of a non-compete agreement in plain English.

Anthony LoPinto

Increasingly, real estate executives are faced with signing a non-compete agreement when they join a new employer. 

The original idea behind non-competes made a lot of business sense.  Companies do not want to share “trade secrets” with an employee, only to have that employee take those confidences to a competitor. 

However, the terms of those agreements have increasingly been broadened, and their scope has also been expanded to cover lower-level employees who are not familiar with the agreements that are often buried in a stack of employment forms. 

The fact of the matter is that employers should be required to fully disclose the terms of a non-compete agreement in plain English to avoid an unsuspecting employee from a deal that they didn’t bargain for.

 

Job Listings

  SPONSORED JOB MISSION CAPITAL ADVISORS LLC  Business Development – Residential Mortgage Services  (TAMPA, FL) Individual will be responsible for sales efforts to generate exclusive engagements for Mission Global’s residential due diligence and consulting business lines. Primary focus will be marketing to loan originators, servicers, and secondary market participants for Mission Global’s collateral document and title curative services.   SPONSORED JOB HOLLIDAY FENOGLIO FOWLER LP  Debt - Analyst  (WASHINGTON, DC) Position will be focused exclusively on the placement of debt and/or equity for commercial real estate transactions. Debt Analysts have the opportunity to be involved in every stage of a transaction, including underwriting, market research, property tours, preparation of offering memorandums, marketing and term sheet negotiation, closing and client meetings and events.

  CHARLES SCHWAB Senior Manager, Construction  (INDIANAPOLIS) Manager will plan and implement strategies to ensure the successful and timely execution of all assigned projects; establish overall project plan objectives, master project schedule and financials, including project budget and works with the customer to ensure satisfactory delivery of the project; and identify market resources for procurement of appropriate goods and services.    PIA GROUP USA  Senior Financial Analyst, Multifamily Investments  (MIAMI) Role will provide market research and investment analysis support in underwriting and closing multifamily investments. The Senior Financial Analyst will assist the Acquisitions team in managing every facet of the investment process, from the time a deal is sourced through to closing.   BOSTON FINANCIAL INVESTMENT MANAGEMENT, LP Capital Officer, Investor Relations (BOSTON) Officer will manage several key institutional investor relationships, both new and existing, investing in affordable housing across the country. Role will participate in steering committee regarding the structuring, pricing, and issue identification for all transactions.   DELOITTE CONSULTING LLP  Manager, Real Estate Transformation/Real Estate and Location Strategy Consulting  (CHICAGO) Managers will participate in the following: delivery of projects re: CRE and FM outsourcing/insourcing consulting services, including strategy development, contract evaluation, and RFI / RFP process management; and design and/or improvement of CRE, FM, or workplace business processes.   GEMDALE USA CORP. Acquisition Analyst  (SEATTLE) Analyst will be responsible for evaluating potential investment opportunities including modeling cash flows, assessing markets and the competitive landscape, conducting due diligence activities, analyzing investment returns, creating executive committee memos, and assisting in the communication of financial acquisitions and disposition strategy.   URBAN LAND INSTITUTE  Vice President, Advisory Services  (WASHINGTON, DC) Vice President will direct the Institute’s Advisory Services programs, including managing Advisory Services and other contributing staff; recruitment of panelists; staffing panel assignments; writing and editing reports; assisting in marketing panels; overseeing the day-to-day operations of the Advisory Services program, including budgets, panel staffing, report production, and sponsor relations.   CARROLL ORGANIZATION Acquisition Associate  (ATLANTA) Responsibilities include: financial analysis, due diligence, deal sourcing/execution, market research and presentation development. Role will conduct research to provide information and investment ideas to Senior Management.    Freddie Mac Data Governance and Management, Senior  (MCLEAN, VA) Position will support the design, development, implementation, and support of company’s Data Governance application. Candidate will partner with other teams to support implementation and rollout of a Commercial-Off-The-Shelf (COTS) Data Governance software product.