Jonathan A. Schein
President & CEO
Real Estate Media
GlobeSt.com
11/19/03: Arnold Schwarzenegger is now the governor of California, and his first official act was to repeal the wildly unpopular $4.3 - billion automobile tax. It's important to keep promises, and the new governor is off to a good start. Anyone who owns a car in California must be ecstatic. But now the question becomes where new revenue will come from. This is not simply a local question but one with national implications . Almost all 50 states are struggling with the same issue: balancing the budget without cutting services. Unfortunately, one of the first places state legislatures go to address these shortfalls is property taxes. Proposition 13 aside, there will come a point where real estate owners will be footing yet more of the bill. It happened in New York City, with an 18% property tax increase, and it's likely t o come to your neighborhood soon. The question is not when taxes will rise but how many times they will rise.
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JONES LANG LASALLE
(NEW YORK CITY) The firm has tapped Mark J. Marasciullo as senior vice president of investor services. He was most recently vice president with the company's capital markets group. Marasciullo will be responsible for developing and strengthening relationships with clients that maintain New York City headquarters.

THE STAUBACH CO.
(ATLANTA) Brian Terrell has been promoted to executive vice president. Formerly a senior vice president at the company, Terrell will lead its design- and construction-consulting practice. He currently runs more than $1.6 billion worth of projects.

 

TRAMMELL CROW CO.
(WASHINGTON , DC) Terry Hindemann has come on board as director of brokerage for the firm's Mid-Atlantic operations. Hindemann was most recently a broker at CB Richard Ellis. He will support daily operations as well as develop long-range strategies.

GRUBB & ELLIS
(LAS VEGAS) The firm has appointed Linda S. Wischmeyer as director of property management. She will run daily operations, administration, accounting, financial reporting, leasing and development for the company's local portfolio. Wischmeyer joins Grubb & Ellis from the Dunn Cos., where she was vice president of asset management.

 

SSR REALTY ADVISORS INC.
( MORRISTOWN , NJ ) Shelton S. Getter and John Lamb have been tapped as acquisitions directors. Getter, who was most recently vice president for direct investments at AEW Capital Management LP, will run joint-venture relationships nationwide. Lamb, who was also vice president for direct investments at AEW, will be responsible for sourcing investment opportunities in the East and Midwest .

WELLS REAL ESTATE FUNDS INC.

Director, Real Estate Marketing

(GEORGIA)

For more information, click here.

Applicant will be responsible for planning, developing and managing strategic marketing programs to support the firm's acquisition, property management, disposition, construction and leasing activities. To this end, he or she must oversee advertising, public relations, direct marketing, collateral, trade shows and conferences, while articulating client information to internal marketing staff. This position also requires developing a segmented account profile for investment and tenant representation, brokers, corporate real estate executives and investment advisors.

AIMCO

Regional Operating Center Controller/CFO

(MASSACHUSETTS)

For more information, click here.

Successful candidate will work with regional vice presidents to analyze revenue trends, analyze operating expenses and spending levels, develop capital spending plans for the regional operating center, and forecast and budget for each property in the region. This newly created position also requires reviewing quarterly and monthly financial statements and occasionally performing other analytical duties such as those related to resident selection, asset disposition, and acquisition underwriting. The applicant should be able to focus on long-term business decisions while providing strategic business management direction and leadership.

MOHR PARTNERS

Portfolio Account Manager

(FLORIDA)

For more information, click here.

The ideal candidate will work with the firm's clients to manage their real estate portfolios at their locations. Applicants must possess a background in commercial and industrial international lease-negotiations, as well as well-developed communications, negotiation and financial analysis skills.

ROBERT CHARLES LESSER & CO. LLC

Senior Consultant/VP

(CALIFORNIA)

For more information, click here.

This position requires an individual who can use his or her experience in the real estate consulting industry to juggle multiple assignments while serving as a project director and/or project manager. Successful applicant will facilitate clients' advisory needs and develop solutions to complex problems. This role also involves overseeing client relationship management, new business development and intellectual capital development. Position demands big-picture thinking, strong quantitative skills and the ability to learn rapidly.

THE CARLTON GROUP

Real Estate Investment Banker

(NEW YORK)

For more information, click here.

The successful candidate for this position must be an experienced, dynamic debt and equity producer and dealmaker who can draw upon a demonstrated origination and debt-consummation track record. He or she must possess a powerful network of established industry contacts with borrowers and lenders and a heavy transaction history.

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