03/03/05: The US Bureau of Economic Analysis just reported that total income recieved by individuals--without adjusting for inflation--decreased 2.3 % in January. This decrease isn't the most welcome news, but it's what's behind this decrease that needs closer scrutiny.  Most of it is due to the special $3.00 dividend paid out by Microsoft Corp. in December.  In other words, one enormous payout by one of the largest corporations on the planet had an incredible impact on the economy. If this doesn't raise any red flags about our dependence on huge, monolithic organizations--whether they be private or public--then we're not paying enough attention.  Imagine then the impact of a social security structure gone awry. Whether you agree with privatization of social security or not, we as a nation must debate the merits of correcting a system that is in need of retooling.
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COLLIERS ABR
(NEW YORK CITY) Stephen R. Bellwood and Peter S. Buckley have each been promoted to director. Bellwood joined the company in 2000; Buckley has been at Colliers since 1997. Also, Wendy Miller has been promoted to managing director; she joined Colliers in 1995.
 

JONES LANG LASALLE
(LOS ANGELES) John Strauss has been named senior vice president, moving up from his prior role facilitating hotel transactions for the company. Strauss has more than 15 years of experience in the industry.

TRAMMELL CROW CO.
(DALLAS) Greg Williams has been tapped as chief marketing officer. Williams was most recently a senior member of Ernst & Young's real estate advisory services group, based in San Francisco.

GMH COMMUNITIES TRUST
(NEWTOWN SQUARE, PA) Frank Powell has been named vice president of human resources for GMH Communities Trust. Powell will be responsible for all aspects of human resources for the organization.

IVY REALTY
(MONTVALE, NJ) New to the firm is Joseph Caridi, who has been hired as chief operating officer. Caridi will oversee all day-to-day operations, including acquisitions, leasing, property management and development.

VULCAN
(SEATTLE) Robert Arron has joined the company as director of marketing and leasing. Arron was most recently vice president at Kearny Real Estate in Los Angeles. In his new position, he will spearhead all leasing and marketing efforts.

PINNACLE
(SEATTLE) New to the firm's Midwest territory is Todd Brunst, who has come on board as regional vice president. Brunst brings more than 30 years of experience in property management to the position.

CAMPUS APARTMENTS

Development Manager

(PENNSYLVANIA)

Ideal candidate will assist with development analysis activities associated with potential property acquisitions and various asset/portfolio management requirements. This includes providing timely, comprehensive and accurate analysis of property development and investment opportunities.

SELECTLEADERS

Controller

(ILLINOIS)

Working for a small, independent owner, developer and operator of multifamily residential properties, this professional will run day-to-day accounting operations and lead the accounting group. This involves managing financial reports, balance sheets, P&L and cash flow.

NEW PLAN EXCEL REALTY TRUST

Construction Manager, Northeast Region

(NEW YORK)

 Suitable applicant will manage construction-related tasks, specifically overseeing and reviewing estimates and budgets, engaging design consultants, reviewing plans and handling contracts and purchase orders.

FANNIE MAE FOUNDATION

Manager, Regional Initiatives

(GEORGIA)

 Most qualified candidate will manage regional activities supporting national program agenda. This entails making grant recommendations and assisting with evaluation, analysis and feedback of regional, local and neighborhood needs; market circumstances; and financial, policy and economic conditions to tailor national strategy.

TISHMAN SPEYER PROPERTIES

A/R Accountant

(NEW YORK)

This professional must administer and maintain accounts-receivable process, including maintaining cash-account activity spreadsheets. He or she will also run reconciliation and maintenance of tenant recurring charges, review tenant chargebacks and account analysis.

ING CLARION PARTNERS

Real Estate Financial Analyst

(WASHINGTON)

 Collaborating with acquisitions investment team, this professional will review and source deals, target and evaluate purchasing opportunities and assemble and modify cash-flow projection models. He or she will also prepare investment memoranda and run due diligence process.

ROBERT CHARLES LESSER & CO.

Analyst

(MARYLAND)

 In this role, ideal applicant will perform assignments dealing with market research, financial analysis, product planning, market strategy, fiscal implications, corporate real estate evaluation, valuation and appraisal marketing and land use.

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