Perspective
After looking at the Fortune 1000 list for 2006, I believe President Bush was really onto something in his State of the Union address this year. As he explained, the USA has a large addiction to oil. This is evident in the magazine's ranking of ExxonMobil over Wal-Mart as this year's largest corporation, and its listing of "Pipelines" as the fasting growing industry by revenue. Of course, not all pipelines are built for crude oil, but the idea that energy and energy-related companies top these categories shows that we are certainly not moving fast enough toward alternative fuels. Obviously, no one is running out to snatch up a car that runs on recycled fast-food oil like the car driven by Daryl Hannah. We are in need of a responsible energy policy, but we are trending in the wrong direction. Until we demand from our legislators and corporations--and ourselves--a change in direction, we will be moving in reverse.
The views expressed in this article are the author's own.
Promotions

NORTHMARQ CAPITAL
(HOUSTON) After five years with the firm, Lori Sowa is named vice president and associate producer. She will be involved in originating commercial real estate loans and equities.

CB RICHARD ELLIS
(NASHVILLE) Paul Gaither is named first vice president and Harrison Johnson moves up to senior associate. Gaither, previously a vice president, joined CBRE in 1997 as a specialist in investment advisory services for private and institutional shopping center owners. Johnson, marking his fifth year with CBRE, assisted the Global Corporate Services division.

New Hires

NPV LLC
(LINTHICUM, MD) Curt Morris comes aboard as an asset manager to oversee management of Direct Invest's and Opportunity Invest's existing portfolios and all future acquisitions for the groups. He has spent the past six years as vice president for LaSalle Investment Management in Baltimore.

PINE TREE COMMERCIAL REALTY
(LAKE BLUFF, IL) Bruce Boruszak is named vice president and general counsel, ending a run as partner and co-chair for the real estate practice group of Wildman, Harrold, Allen & Dixon LLP in Chicago.

RYAN COS. US
(NAPERVILLE, IL) Daniel Walsh joins as vice president of development . Walsh, most recently a managing director for Mesirow Stein Real Estate, will be responsible for Ryan's mixed-use, land and retail development.

GRUBB & ELLIS
(DETROIT) Randall I. Book fills a senior vice president's slot for the office group. He most recently was director of office brokerage services for Cushman & Wakefield of Michigan Inc.'s Detroit office.

CUSHMAN & WAKEFIELD OF ARIZONA
(PHOENIX) Lori Peck comes on board as senior property manager in the asset services division. She previously was property manager for Wessex Commercial Management.

Job Opportunities
Title Description

ZIFF PROPERTIES

(SOUTH CAROLINA)

Lease Administrator

The lease administrator handles all aspects of commercial lease administration and lease transactions. This position offers significant opportunity to any candidate to mold and develop the position into a first-class function within the organization.

SELECTLEADERS

(FLORIDA)

VP-Finance

Our client, one of the top 100 companies in South Florida, specializing in wide array of mixed-use developments, condominiums, single-family homes, multifamily apartment communities, and custom homes with a market value of over $3 billion to $4 billion, is seeking a VP of finance to be located in their Boca Raton headquarters.

FIRST POTOMAC REALTY TRUST

(VIRGINIA)

Senior Property Manager

First Potomac Realty Trust seeks an experienced senior property manager responsible for the overall management of a portfolio of industrial/flex properties in Northern Virginia. The ideal candidate will be familiar with industry concepts, practices, and procedures and relies on extensive experience and judgment to plan and accomplish goals.

METLIFE

(NEW JERSEY)

Associate Director

Research, analyze, and report on return and risk attributes of MetLife's real estate portfolio, analyze capital market pricing of real estate risks, real estate market analysis and forecasting, assist in production of real estate research tools and provide general analytical support for Risk, Research and Reporting unit assignments.

SELECTLEADERS

(HAWAII)

General Manager-Residential Master Plan Community

Our client is independently and locally operated in Honolulu, on the island of Oahu in Hawaii and is part of one of North America's most prestigious homebuilding organizations. They are seeking a general manager for a prestigious new residential master planned community.

FANNIE MAE

(CALIFORNIA)

Operations Manager, Project Standards and Internal Quality Assurance

The operations manager-project standards and internal QA reviews will be part of a management team that includes additional operations managers, underwriting managers, appraisal managers, and a system manager. The team meets regularly to communicate and coordinate the activity of the overall operation.

FITCH RATINGS

(NEW YORK)

Director/Sr. Director, Structured Finance Sr. Credit Officer

The ideal candidate will demonstrate solid exposure to the structured finance markets, preferably across a range of products. Five-plus years of experience required, preferably in a credit-oriented environment. Strong analytical and data management skills needed.
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