Executive Watch

Perspective

Jonathan A. Schein - President & CEO - Real Estate Media - GlobeSt.com10/11/05: Michael Eisner's 21-year reign as CEO of Disney is officially over. Not many will be able to match what he accomplished. Taking a company with two theme parks and a moribund movie studio and turning it into the media powerhouse it is today was a model of vision, determination and incredibly good timing. The entertainment industry has been evolving into a streamlined, integrated platform for years, and Eisner took advantage of this development. He also made several widely publicized mistakes including EuroDisney and personality clashes with other high-powered executives that cost the company hundreds of millions of dollars. In all, we may not see many more CEO's like Michael Eisner because the landscape of business has changed. There is more regulatory oversight as well as a culture where the low profile CEO has taken over. All in all, it was a great ride and a great journey to witness.
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Promotions
  McCAFFERY INTERESTS
(CHICAGO) Gary Kachadurian has been named a partner in McCaffery Interests Inc. Formerly the global managing director for Deutsche Bank Real Estate, Kachadurian will take a lead role in strategic oversight for McCaffery's portfolio expansion via acquisitions, property management and development.  

  NPV
(SUMMIT, NJ) Joshua Siegel joins NPV LLC as acquisitions manager for the New Jersey/New York metro market. He previously was acquisitions associate for Active International. In addition, Siegel worked for Salomon Smith Barney's real estate investment banking group and Bear Stearns' public finance sector.

New Hires
  THE RETAIL CONNECTION
(DALLAS) The Retail Connection advances five professionals in its Dallas office and hires an executive vice president of brokerage to manage its Southern California office. In Dallas, Dennis I. Leibovitz is named executive vice president of brokerage while David Sacher, Mitch Traub and Wyatt Russo are made senior vice presidents and Tim Donovan becomes vice president. Taking the reins in the SoCal office is Robert Dennis, a 15-year industry professional whose client roster includes Gold's Gym and Ashley Furniture.

  MACERICH CO.
(SANTA MONICA, CA) Stephen L. Spector, a 20-year professional, rises to senior vice president and general council for the Macerich Co., which he joined in 1988. Prior to the promotion, Spector was senior vice president and associate general counsel.

  McCARTHY BUILDING
(DALLAS) Chuck Shive is hired as a civil estimator for construction projects. He previously was an engineering manager with J.L. Steel LP, where he was responsible for all project management, engineering and administration functions for its civil group.

  BROWN HOTEL GROUP
(WESTLAKE VILLAGE, CA) Steve Soo Lee is the newest member of Brown Hotel Group's brokerage team in a return to the industry after a 15-year run as owner and operator of a Long Beach grocery market. Lee began his career in 1978 with Olympic Realty and Investment Co. and went to hold a top salesman ranking until 1990 when he opened the market. His background spans retail, hospitality and insurance sectors.

  MSA MORTGAGE OF NEW ENGLAND
(WAKEFIELD, MA) The firm adds brothers Bob and John Capone of Peabody as mortgage lenders to service communities along the North Shore of Boston. The team includes their sisters, Andrea and Michelle, who handle administrative duties. Bob Capone handles Peabody, Lynn and Danvers deals while John Capone's territory is Everett, Malden, Chelsea and Saugus. Prior to joining MSA Mortgage, the brothers worked for a national company in central Massachusetts.

Job Opportunities
   
Title Description

HOLLIDAY FENOGLIO FOWLER LP

Senior Real Estate Analyst

(NEW YORK)

Responsibilities include financial modeling, market analysis, creation of offering materials, and significant interaction with clients and the lending community in a transactional, highly team-oriented environment. Qualified candidates should have a bachelor’s degree and five years of directly related experience.

WACHOVIA

Real Estate Financial Services Relationship Manger

(TENNESSEE)

The candidate will provide extensive business development in order to build and maintain a portfolio of private home building and land development clients, as well as financial intermediaries servicing the home building sector. A bachelor’s degree, preferably in business, finance or economics, and completion of formal credit-training program with proven ability to understand complex credit and capital structures are required.

ULI

Director, Advisory Services

(WASHINGTON, DC)

The director will manage the Advisory Services Program of ULI, which entails recruiting panelists; staffing panel assignments; writing and editing reports; assisting in marketing panels; and overseeing the day-to-day operations of the program. Ten years experience in public and/or private land use and real estate development and/or planning required.

NORTHWEST ENERGY EFFICIENCY ALLIANCE

Project Manager, Commercial Sector

(OREGON)

The primary objective of the position is to effectively develop, promote and manage the adoption of the business case for energy-efficient, high-performance buildings within the commercial design and construction and building operations markets as per the intent of the board of directors. Requires seven years of progressive experience in managing large-scale, complex activities.

SELECTLEADERS

Director of Construction

(WASHINGTON DC)

The director of construction will report directly to the director of development and will be responsible for all construction-related aspects of the company’s development projects in conjunction with joint venture developer partners and their in-house construction professionals. Candidates should have at least 15 years experience in construction and project management.

PRUDENTIAL

Analyst

(COLORADO)

Prudential is seeking an analyst who will work as part of a team of real estate investment professionals, and will have the opportunity for continued learning and personal growth. The ideal candidate will have a bachelor’s degree with a track record of academic and extracurricular achievement. Job experience is a plus.

ING CLARION PARTNERS

Investment Analyst

(NEW YORK)

The investment analyst will target and evaluate purchasing opportunities in conjunction with client-specific and general firm investment criteria. Candidates must possess a strong desire to learn about real estate investment and the commercial real estate industry. Occasional domestic travel required.

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