New Year Resolution

What a relief that it’s 2010, and good riddance to 2009! Now that I have that out of my system…My predictions number one, two and three for the New Year is that success for real estate organizations in this 'Year of the Recovery,' will be dictated by their possessing the skills to recruit, develop, and retain the best performers. Capital is no longer willing to simply assess and invest in real estate or the glossy plans of the service providers; it is now sharply focused on their investment in the caliber, quality and distinction of the organization’s management team. Leading organizations across all industries recognize that, to navigate in difficult times, and to prosper in the good times, they need a comprehensive talent management strategy. The New Year’s resolutions for smart leaders in 2010 should be to invest in their company’s commitment to a greater and sharper focus on human capital management.

Best wishes for your organizational success in the New Year. Cheers.

Tony LoPinto is a senior client partner and head of Korn//Ferry International’s Real Estate Practice and founder of SelectLeaders. The views expressed in this article are the author’s own.
Job Opportunities
EMPIRE AMERICAN HOLDINGS
Chief Administrative Office/Property Management
(MONTVALE, NJ) The chief administrative office/property management will focus on creating and expanding client services and new business development by gaining management opportunities in the multifamily sector. The initial focus of the position will be to utilize the candidate’s existing network of contacts in the banking industry and create business for this new division.

THE PALMER TEAM
Structured Finance Partner
(SACRAMENTO) The finance partner will join a team responsible for financing transactions at all levels of the capital stack; underwriting and structuring debt and equity products for institutional clients.

SELECTLEADERS
Project Manager, Residential Properties
(BOSTON) The project manager will attend and document regularly scheduled job site meetings to ensure builders, architects and designers are executing the project according to plan and budget; approve/deny budget items and billing; and develop and implement procedures to maintain properties at their highest level; among other duties.

NEXT REALTY
Director of Acquisitions
(NORTHBROOK, IL) The director of acquisitions will source real estate and debt investment opportunities; perform analysis and due diligence functions; and interact with all involved parties in support of completing each transaction including investment brokers, legal and financial professionals; among other duties.		 CONSOLIDATED INVESTMENT GROUP
Director of Real Estate
(ENGLEWOOD, CO) The director of real estate will manage a large and diverse real estate portfolio and should be very familiar with real estate financial reporting and accounting practices.

CB RICHARD ELLIS
Transaction Manager
(GREENWOOD VILLAGE, CO) The transaction manager will provide real estate transaction services for clients in a defined geographic region, including: lease renewals, lease negotiations, new site acquisitions, surplus property dispositions and landlord/tenant dispute resolution; among others.

STATE STREET
Global Realty Director, Vice President
(LONDON) The global realty director, VP will develop and recommend department plans of organization and staffing; select and provide for the continuing development of subordinate managers and staff; conduct periodic performance reviews and provide for the ongoing guidance and direction to managers in developing and implementing plans and objectives; among other duties.

FRAUENSHUH INC.
Vice President Leasing and Development
(MINNEAPOLIS) The VP leasing and development will create and implement strategies for highly effective leasing and marketing campaigns; collaborate with health system partners and physicians to develop leasing plans that align with client programmatic and clinical strategies; negotiate lease documents; and lead leasing process for specific projects; among other duties.
Promotions
No more than one submission per company will be considered per week.
Submissions with multiple names will be capped at three for coverage in Executive Watch.
CENTRO PROPERTIES
(NEW YORK CITY) Centro Properties Group US is promoting Warren Strietzel to senior vice president, Midwest Region. Most recently, Strietzel was VP, property management of the Southeast region.
New Hires
No more than one submission per company will be considered per week.
Submissions with multiple names will be capped at three for coverage in Executive Watch.
LAND ADVISORS ORGANIZATION
(DALLAS) Land Advisors Organization is hiring Landry Burdine and Austin Reilly as designated broker and Dallas/Fort Worth MSA specialist, respectively, for their Dallas/Fort Worth office. Prior to joining the Land Advisors Organization, Burdine operated his own real estate firm which also focused on land brokerage and development in the Dallas/Fort Worth area.

MARCUS & MILLICHAP
(DENVER) Marcus & Millichap are hiring Michael Hoffman as the regional manager of the Denver, Fort Collins Offices.		 FORECLOSURE RESPONSE TEAM
(FORT LAUDERDALE, FL) The Foreclosure Response Team is hiring Larry Bird, president of BirdRock Enterprises, as vice president of Mortgage Servicer Relations, serving as a corporate consultant, for the Foreclosure Response Team.
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