3/31/04: Finally there seems to be a politics-inspired idea that can actually assist corporate America. John Kerry has proposed a tax-reform plan that calls for a cut in the corporate tax rate from 35% to 33.3% and would also offer a tax credit for employers who create new domestic jobs. He believes the plan will create more than 10 million new jobs over four years. What is so intriguing about this idea is that, while fiscal conservatives are embracing the plan, the more liberal economic pundits don't really believe it will create new jobs in this country. In other words, a healthy debate is actually now in the offing in how to build a stronger economy. It will be interesting to see how this debate flows during the upcoming election. John Kerry being embraced by conservatives? As they used to say, "Only Nixon could go to China."
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MAMMOTH EQUITIES
(MISSION VIEJO, CA) Lee Rotsheck has been promoted to president of the company's construction division. Rotsheck was previously vice president of development.

WESTMINSTER COMMUNITIES
(FLORHAM PARK, NJ) Gabe Campos has been tapped as director of purchasing, rising from his previous position of purchasing manager. Campos joined the company in 2001.

EPT MANAGEMENT
(EL PASO, TX) V. James Marfuggi has been named chief operating officer. Marfuggi, who will run the company's national multifamily, military-housing and senior-living portfolio, comes from the Dermot Co., where he was vice president.
 

ALBERT B. ASHFORTH
(STAMFORD, CT) Christopher B. O'Callaghan has joined the firm's corporate real estate brokerage division as senior vice president. He was most recently founding partner of McCarthy O'Callaghan Co.
 

CASSIDY & PINKARD
(WASHINGTON, DC) New to the firm's capital markets group is senior vice president Michael W. Scott . Scott was previously president of ICap Inc., a government finance practice that will merge into Cassidy & Pinkard.

INLAND MORTGAGE CORP. OF ILLINOIS

Loan Underwriter

(CALIFORNIA)

For more information, click here.

Successful candidate will perform site inspections, underwrite loans, prepare submissions for committee approval and close loans. He or she must also possess three to five years of commercial real estate underwriting experience and function well in a fast-paced and challenging job environment.

STUDLEY INC.

Research Information Specialist

(NEW YORK)

For more information, click here.

In this position, the ideal jobseeker will provide real estate market and business information research for business development, client support and internal analytics purposes, which includes collecting, inputting, analyzing and presenting data. This position also requires working closely with headquarters and local brokerage teams, helping with market analysis and market reports and assisting staff with business profiles and corporate research.

PA REAL ESTATE INVESTMENT TRUST (PREIT)

Asset Manager

(PENNSYLVANIA)

For more information, click here.

This position requires providing financial oversight, strategic guidance and consultations to operating and leasing staff according to various real estate assets. The individual holding this job will assist property managers in the review and preparation of strategic business plans, review and assess capital expenditure budgets and develop pro-formas and projections for leasing representatives. This person must also act as a liaison and central contact for all correspondence and materials sent to third-party owners or for PREIT-owned properties.

REAPPLICATIONS

Sales – Account Executive

(CALIFORNIA)

For more information, click here.

The successful applicant will use his or her background in enterprise software applications to develop relationships and secure contacts with regional and national brokerage firms. He or she should possess sales experience, and will be compensated with a mix of salary and an aggressive commission structure.

SELECTLEADERS

Senior Underwriter

(ILLINOIS)

For more information, click here.

Reporting to the director of underwriting, this individual will perform underwriting of short-term debt, equity and mezzanine investments in value-added and construction-oriented commercial real estate projects. He or she must understand properties' physical characteristics and their existing and potential operating characteristics. The senior underwriter must also be able to critically assess a project development team's execution ability, perform credit analysis and identify economic scenarios that affect a potential investment's performance.

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