4/7/04: The latest  jobs increase -- 308,000 in March -- bodes well for the recovery and perhaps will tone down the invectives of the presidential election.  First, to state that the 3 million jobs lost during the past recession is the worst performance since Herbert Hoover is utter nonsense. Even the Clinton years racked up worse numbers than the current 5.7% unemployment rate. Still, there is no reason to pop open the champagne quite yet. The unemployment rate actually increased from 5.6% to 5.7% last month and many of the new jobs reported are a one - time anomaly based on seasonal hiring. So armed with both sides of this story, we might be able to discern a more relevant debate about unemployment and leave the hyperbole to the general media.
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ADVANTIS/GVA
(NORFOLK, VA) Deborah K. Stearns has been named managing director for the firm's newly formed Greater Virginia region. With the company since 1975, Stearns has held a number of positions, most recently managing director of the Hampton Roads region.

ADVANTAGE TITLE AGENCY
(HUNTINGTON, NY) Denette Pollock has been tapped as senior account manager. Pollock has been with the firm in 2001. Prior to joining Advantage, she was a legal assistant at Murphy Lynch & Gionis PC.

NAI JAMES E. HANSON
(HACKENSACK, NJ) Joining the firm as sales associate is Anthony J. Cassano. He was most recently sales executive of commercial real estate at the Hampshire Cos. Cassano will specialize in office, retail and industrial property in Northern and Central New Jersey.
 

RICHARDS BARRY JOYCE & PARTNERS
(BOSTON) Brendan Carroll has been appointed director of research. Carroll, who will direct the firm's preparation of research materials on the Greater Boston area, comes from Grubb & Ellis Co., where he was research manager.
 

ROCKWOOD REALTY
(NEW YORK CITY) New to the firm is Sophie Dagenais, who comes on board as general counsel and chief administrative officer. Dagenais was previously a partner at Ballard Spahr Andrews & Ingersoll.

SELECTLEADERS

Financial Vice President

(VIRGINIA)

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Successful candidate will handle day-to-day responsibilities of accounting activities, loan servicing tasks including review of monthly interest statements and loan draw packages, and preparation of monthly, quarterly and annual GAAP-based and adjusted-value financial statements. He or she will also oversee tax return coordination, annual venture budgets and coordination of insurance renewals and renewals of certificates and coverage.

CITIBANK COMMERCIAL REAL ESTATE GROUP

Underwriter

(TEXAS)

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In this role, the suitable candidate will be responsible for performing underwriting analysis of borrowers, including evaluating their creditworthiness and financial expenses, with regard to loans ranging from $500,000 to $35 million. Working in close contact with prospective borrowers, he or she must obtain, analyze and understand the appropriate supporting documentation.

FOXTONS

Chief Operating Officer

(NEW JERSEY)

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This individual will oversee the company's North American business, which involves overseeing a large national sales force, relying on a background with P&L responsibility, an demonstrating exceptional charisma, operating efficiency and endurance. A background in real estate and mortgage finance is helpful, but not essential.

AMB PROPERTY CORP.

Research Associate

(CALIFORNIA)

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The successful applicant for this position will analyze and create actionable reports of domestic and international industrial real estate markets and airports. He or she must visit these markets, conduct surveys and discuss them with brokers, economists and real estate experts. The position also requires meeting with regional managers and acquisitions officers about market conditions and formulating statistical industry, market and submarket forecasts.

AIMCO

Director of Sales and Marketing

(COLORADO)

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Appropriate candidate will direct and oversee the Denver area's regional sales and marketing plan, including its objectives and initiatives. He or she will work with community managers to recruit, develop and deliver leasing strategies, develop and maintain sales, marketing and media plans, and monitor change in the marketplace. This individual must have multifamily housing or property management experience.

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