06/09/05: Wow, that didn't last long. The "boom" in job growth had a hiccup last month with only 78,000 non-farm payroll jobs created. This is well below the average of 180,000 monthly jobs created so far this year. However, it is hoped that this is only the results for one month and not an omen. The biggest issue right now is the manufacturing index, published by the Institute of Supply Management, which has declined for six straight months. The real fear is that domestic manufacturing momentum is slowing precipitously. Although this nation continues to move from an industrial- to a service-based economy, a large part of our job growth is still dependent on this area. This is where we need to direct our efforts to keep our workers employed.

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NOBLE INVESTMENT GROUP
(ATLANTA) Aditya Bhoopathy has been promoted to director of strategic investments, in which he will source deals and underwrite assets for the growth of the company's owned hotel portfolio. Bhoopathy has been with Noble since 1999.

HEALSTONE INVESTMENT REAL ESTATE
(IRVINE, CA) New to the company is Chris Moses, joining as senior retail advisor. Moses, who will lead the newly launched retail investment division, was most recently at Moses Tucker Real Estate in Little Rock, AR.

TISHMAN SPEYER PROPERTIES
(NEW YORK CITY) Grant Berlin and Fred McIntosh have come on board as managing directors, working to build relationships for the firm's investment funds. Berlin, most recently partner at Invesco, will be based out of Cleveland. McIntosh, previously national director of real estate at KBS Realty Advisors, will work out of Orange County, CA.

LEE & ASSOCIATES
(SAN DIEGO) Brad Roppe has been named president of the firm's office here, in which he will run business development and strategic marketing while overseeing sales training and recruitment. Roppe was most recently vice president of business development at Stewart Title.

TRAMMELL CROW CO.
(NEW YORK CITY) Douglas C. Holowink has been appointed senior vice president of advisory services. Holowink was formerly senior managing director of the portfolio consulting group at Cushman & Wakefield. In his new role, he will head Trammell Crow's advisory practice in the New York City region.

KOLL DEVELOPMENT
(DALLAS) Mark Cashman has been named senior vice president. Cashman will handle office and industrial development. He was most recently senior vice president at ProLogis' Dallas office, where he ran day-to-day activities in Texas, Oklahoma, Missouri and Mexico.

NOBLE INVESTMENT GROUP
(ATLANTA) Benjamin Brunt has joined the firm as vice president, strategic investments. Brunt has left his prior position as vice president of development at Songy Hospitality Partners. In his new role, he will help expand the company's portfolio of owned hotels.

TIC PROPERTIES
(GREENVILLE, SC) Jack Bixler has been appointed senior vice president of marketing for the firm's Midwest and Eastern territories. Prior to joining TIC Properties, Bixler was regional vice president at Evergreen Development in Pasadena, CA.

WELLS REAL ESTATE FUNDS

Senior Analyst, Acquisitions

(GEORGIA)

Ideal candidate will identify and source transactions, which involves working with credit department on underwriting, while also supporting acquisition transactions. The latter requires organizing due diligence process and preparing acquisition briefs. He or she will also maintain deal- and market-tracking databases.

KIMCO REALTY CORP.

Regional Property Controller

(MARYLAND)

Most qualified applicant will run overall lease administration and maintain accuracy of property accounting activity for regional portfolio. This requires monitoring regional accounting activity and lease administration procedures and working with property managers on property variance reports, reviews and reconciliation of property-level general-ledger accounts.

GREEN COURTE PARTNERS LLC

Investment Associate

(ILLINOIS)

 This professional will provide analytical support to acquisition and asset management activities, which includes screening prospective acquisitions. He or she will analyze acquisition targets, including performing historical analysis and financial modeling/projections to assess investor return and risks. He or she will also contribute to acquisition due diligence and closing process.

EQUINOX PARTNERS

Senior Development Director, New York Region

(NEW YORK)

 Company seeks a professional to play lead role in the development of projects in various phases. This requires management of development process from underwriting to completion of construction and turnover to leasing and operating units. Ideal candidate will coordinate internal team members as well as outside consultants and contractors.

METLIFE REAL ESTATE INVESTMENTS

Associate Director, Mortgages

(TEXAS)

 Successful applicant will oversee new loan production on office buildings, retail, industrial, multifamily and hotels. This senior loan originator will evaluate, analyze, underwrite and negotiate new mortgage investment opportunities. Responsibilities will also include completing due diligence, committee presentations and closing commercial mortgage loans.

AVALONBAY COMMUNITIES

Portfolio Director

(WASHINGTON)

 Ideal candidate will direct and coordinate activities to ensure that financial, business and customer-service objectives are achieved. He or she will implement corporate and regional programs as well as regionally specific initiatives and strategies to achieve optimum portfolio performance.

EQUITY OFFICE PROPERTIES

Corporate Property Controller

(ILLINOIS)

This professional will be responsible for regional accounting operations as well as integrity of underlying accounting operations. He or she will supervise and lead property accounting teams in order to ensure that all duties are handled in an efficient and effective manner, and also serve as lead contact with regional leadership and external contacts, including tenants and auditors.

NEW PLAN EXCEL REALTY TRUST INC.

Senior Associate, Acquisitions/Dispositions

(NEW YORK)

Reporting to EVP for acquisitions/dispositions, most qualified candidate will analyze major retail property and portfolio acquisitions and oversee a staff of analysts. He or she will be responsible for direct underwriting of all aspects involved with the acquisition of strip shopping centers as well as overseeing underwriting of other analysts.

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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