09/01/04: Has it really come down to this? In addressing the economy's sputtering growth, Governor Arnold Schwarzenegger referred to those who are not completely upbeat about the economy's strength as, "Economic girlie men." The latest survey of 5,000 households by the non-partisan Conference Board indicates that the Consumer Confidence Index has unexpectedly dropped after four straight months of growth. This drop is due mainly to concerns about future job growth. Now the governor of California may think that this news-grabbing sound bite is clever, but he may be alarmed to find out that there are still 1.2 million people who lost jobs during the recession and are not rolling hysterically in the aisles.
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THE MACERICH CO.
SANTA MONICA, CA— Ron Bondy has been promoted to vice president, development leasing, a newly created position. He is moving up from his previous position as vice president, leasing. Bondy has also relocated to the company's Westcor office in Phoenix. He joined the company in 1985.

EQUITY OFFICE
SAN FRANCISCO—The firm has named Kenneth Churich as vice president, leasing. Churich, who has been at the company since 2003, will oversee leasing and marketing of properties in the city and surrounding submarkets.

METRO COMMERCIAL REAL ESTATE
MT. LAUREL, NJ — Steven H. Gartner has been tapped as the firm's president, while Daniel J. Hughes has been named chief executive officer. Gartner was most recently the chief operating officer at Michael Salove Co. Hughes is the founder of Metro Commercial.

TRAMMELL CROW CO.
ATLANTA— Eric Ross has joined the firm as senior vice president, moving over from Equis, where he was co-head of that company's Atlanta office. Ross will serve in the company's corporate advisory services group.

EQUITY OFFICE
SAN FRANCISCO— Joshua W. Hitchcock and Robert J. Elia have come on board as leasing director and leasing representative, respectively, for the local market. Hitchcock was previously senior associate at CB Richard Ellis. Elia comes from Cushman & Wakefield, where he was leasing broker-associate.

FERRIS, BAKER WATTS INC.
BALTIMORE —The firm has appointed Elaine M. Clancy as senior vice president of its capital markets group. Clancy was most recently co-founder and principal of Velasco Group LLC in Arlington, VA.

SELECTLEADERS

Business Development Manager

(ILLINOIS)

Working with a team of two to four subordinates, successful candidate will manage new business opportunities while also establishing and developing business plans, implementing sales training programs and identifying future areas of new business.

NHDC

Acquisitions Associate

(CALIFORNIA)

Ideal professional in this position will source, analyze and assist in negotiations of multifamily acquisitions, which will involve developing a network of brokers in new and existing markets. He or she will also undertake detailed analyses, maintain spreadsheets, conduct research and participate in due diligence.

MAX CAPITAL MANAGEMENT CORP.

Financial Analyst

(NEW YORK)

This individual will develop and maintain property cash flow and valuation models, analyze projections, evaluate property performance and prepare recommendations for potential capital investments. He or she will also coordinate due diligence efforts and provide overall transaction support.

COMMUNITY PRESERVATION & DEVELOPMENT CORP.

Asset Manager

(DISTRICT OF COLUMBIA)

Suitable applicant must show ability to manage the financial and physical aspects of a portfolio with more than 3,000 multifamily units, which involves overseeing periodic site inspections, asset management plans, marketing and leasing strategies and operating budgets.

SELECTLEADERS

Senior Underwriter

(ILLINOIS)

In this role, this professional must underwrite short-term debt, equity and mezzanine investments in value-added and construction-oriented projects, which involves identifying demand drivers, performing credit analyses and studying economic scenarios that appropriately frame an investment's potential.

PANATTONI DEVELOPMENT

Financial Analyst, Dispositions

(CALIFORNIA)

Reporting to the director, this professional will underwrite and analyze office and industrial properties throughout the country, which includes performing transaction support for investment sales, analyzing commercial lease structures, interpreting income and expense information and compiling relevant data.

To receive the weekly Executive Postings email, register for our free daily NewsBlast in the upper righthand corner of this page. To unsubscribe click here. To post executive news, email a photo(JPEG) and brief employee biography to our site manager. This section of the page is updated daily. To announce an opening please click on Post-A-Job. Past issues of this newsletter can be found here.
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