Executive Watch 3-03-04

NEWMARK & CO.
(NEW YORK CITY) Howard K. Kesseler Jr. and Chris Mongeluzo have each been promoted to senior managing director. Both were formerly managing directors. Kesseler has been at the firm since 1998. Mongeluzo joined Newmark in 1993.

HSA COMMERCIAL REAL ESTATE
(CHICAGO) Robert E. Smietana has been appointed vice chairman and chief executive officer. Smietana formerly served as the firm's president and chief operating officer. He has been with the firm since 1994.

OPUS WEST
(IRVINE, CA) New to the firm is Jefferson Hill Jr. , who is joining as vice president of real estate development. Before coming to Opus West, Hill was vice president at Watson Land Co.

KILROY REALTY
(LOS ANGELES) Conan C. Cotrell has been named senior vice president for marketing and leasing. Cotrell was most recently director at Summit Commercial, where he handled leasing for a 2.6-million-sf portfolio in California and Arizona .

INTERSTATE HOTELS & RESORTS
(ARLINGTON, VA) J. William Richardson has joined the firm as chief financial officer. Richardson was previously vice chairman and CFO of Interstate Hotels Corp., which he joined in 1981.

CB RICHARD ELLIS
(SAN FRANCISCO) Erik Doyle has been tapped as senior vice president. Doyle, who was most recently principal and executive vice president at Deerfield Realty Co., will oversee institutional transactions in Silicon Valley and the San Francisco area.

PARAMOUNT FINANCIAL GROUP

Asset Manager

(OHIO)

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Successful applicant will ensure that investment objectives are met for all real estate investments held during ownership, including physically reviewing properties, documenting site visits, reviewing and analyzing all financial statements and writing quarterly budget variance reports identifying issues affecting performance.

ERNST & YOUNG

Senior Advisor – Corporate Real Estate

(NEW YORK)

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This professional will apply his or her real estate skills to participate in large multidisciplinary project teams that contribute to and execute project planning, management interviews, market fieldwork, lease abstraction, industry research and data analysis.

AIMCO

Division CFO

(COLORADO)

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In this role, the division CFO will develop complex financial models and analytic tools for assessing redevelopment and construction opportunities, while also developing financial reporting systems and internal financial processes.

EQUITY OFFICE PROPERTIES

Property Manager

(CALIFORNIA)

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This position will be filled by a professional who can direct the property's business and operations to maximize its performance, profitable growth and return on investment. He or she will plan, organize, direct and control the property's activities.

ARBOR COMMERCIAL MORTGAGE LLC

Financial Analyst

(NEW YORK)

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The successful candidate will support a senior underwriter in processing, analyzing and underwriting loan proposals, as well as generate and process required documentation from clients and third-party analysts.

LASALLE BANK

Real Estate Capital Markets Underwriter

(CALIFORNIA)

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With a minimum of three to five years of experience underwriting commercial real estate transactions, this professional will have complete underwriting software responsibility for all real estate transactions originated in the US, including determination of NOR/NCF, confirmation of tenant improvement allowance and determination of market dynamics.