Executive Watch

Perspective

Jonathan A. Schein - President & CEO - Real Estate Media - GlobeSt.com1/17/06: As always, the beginning of a new year brings out a multitude of economic prognosticators spewing opinions on how well the year will go. Of course, there is always the accompanying asterisked commentary that excludes from the prediction, "terrorist attacks, environmental calamity and other unforeseen circumstances." So how does one use this information to read the economy? Like politics, economics is local. How are your neighbors doing? Is the industry they're involved in up or down? How are the retailers faring in your community? Are there more closings than openings? It's all pretty simple; take a look around and you'll gain more information than you can from the endless chatter of economic experts. Besides, this will give you more time to focus on other endless chatter like that of the November elections.

The views expressed in this article are the author's own.
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Promotions
SCI REAL ESTATE INVESTMENTS
(LOS ANGELES) Adam Bryan takes over as senior vice president and corporate sales director, assuming responsibility for raising investment equity, managing equity sales and supporting the SCI investment sales team.
CB RICHARD ELLIS
 (ORLANDO) The firm promotes Bob Miller to executive vice president. He is the current leader of CBRE Orlando's multi-housing investment properties division.
New Hires
COHEN ASSET MANAGEMENT
(BEVERLY HILLS, CA) Douglas G. Crowell and W. Randall Boggan will lead the CAM Core+ Fund 1 LLC, a new real estate private equity fund targeting net-leased industrial and office properties. Crowell is the fund's president and Boggan has been tapped as CFO and senior vice president.

WELSH CAPITAL
 (MINNEAPOLIS) John Mulcahey joins the company as an associate after serving as president of Princeton Financial in Edina.
HARWOOD INTERNATIONAL (DALLAS) Bill Hilburn becomes vice president of development and project director to help lead the company's growth. He previously was with American Invesco, where he oversaw development of the $220-million Millennium Centre Tower in Chicago.

JOHNSON DEVELOPMENT CORP.
(MISSOURI CITY, TX) Trey Reichert is named development manager for Riverstone, a master-planned community in Fort Bend County. The veteran engineer most recently was with Jones & Carter Inc.
SIENNA/JOHNSON DEVELOPMENT
(MISSOURI CITY, TX) Timothy Foster steps into the role of development manager for Sienna Plantation, a master-planned community in Fort Bend County. The six-year professional previously worked with LJA Engineering.
Job Opportunities
Title Description

CRESCENT HOSPITALITY CORP.

VP Development and Acquisitions

(VIRGINIA)

The VP reports to the CEO and is responsible for sourcing, analyzing, preparing investment recommendations, and closing hotel acquisitions. He or she will also manage acquisition timeline, due diligence and data collection.

HARVARD REAL ESTATE SERVICES

Senior Property Manager

(MASSACHUSETTS)

The manager will report to the assistant director of university and commercial (U&C) property management. He or she will direct all operations and tenant services associated with properties as assigned within the U&C building portfolio.

WALT DISNEY IMAGINEERING

Assistant Project Manager

(FLORIDA)

The real estate team is responsible for the development and implementation of real estate strategy for Disney's Central Florida land holdings, specifically market research and analysis, business plans, master planning and development, and land transactions.

SELECTLEADERS

Construction Project Manager

(NEW YORK)

Our client, AvalonBay Communities Inc. is in the business of developing, redeveloping, acquiring and managing high-quality apartment communities in the high barrier-to-entry markets of the US. These markets are located in the Northeast, Mid-Atlantic, Midwest, Pacific Northwest and Northern and Southern California regions of the country.

SPERRY VAN NESS

Team Manager

(CALIFORNIA)

A top commercial real estate adviser is looking for a strong manager to help build, manage and direct a team. The qualified candidate will have a strong management background, and will exhibit leadership and organization.

EQUINOX PARTNERS

Sr. Vice President Real Estate Investment Banking

(CALIFORNIA)

Our client is an established international investment bank located in Southern California. Responsibilities of the senior vice president include originating new business on a national scale and developing an active calling program.

METLIFE REAL ESTATE INVESTMENTS

Real Estate Analyst

(CALIFORNIA)

The analyst will work under the guidance of the director and manager of mortgage investments assisting in managing MetLife's approximately $4-billion commercial mortgage portfolio in the Southwest US.

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