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Jonathan A. Schein President & CEO Real Estate Media GlobeSt.com

5/28/03: A recent survey of 1,400 CFOs interviewed for the Robert Half International Financial Hiring Index showed that the strongest demand is for professionals in the finance, insurance and the real estate sectors. Within this sector, 15% of financial executives expect to hire personnel while 4% anticipate staff reductions. With a net hiring increase of 11%, this forecast is up three points from the previous quarter’s projections. This echoes a recent column reporting a similar trend as stated by the Bureau of Labor Statistics. However, the Robert Half survey also broke down the hiring trend by market. The highest percentage of hiring is coming from the Mountain region (AZ, CO, ID, MT, NM, NV, UT, WY) due to, “A high volume of transactions in home building, home sales, mortgage refinancing and property management.” Max Messmer, CEO of Robert Half adds that, “qualified financial professionals at all levels with real estate property management or construction are in high demand.” In other words, not only is this part of the industry still showing growth, but some regions are even growing faster.

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WELSH CO’S. (MINNEAPOLIS, MN) The firm promotes Peter Austin and George Zeller to senior vice presidents. Austin leads the origination and placement of commercial real estate loans with third party lenders, while Zeller is responsible for placement of commercial real estate debt and equity for the company.




MEREDITH & GREW (BOSTON) Theodore J. Chryssicas, senior vice president and director of retail services in the firm’s brokerage department, and Thomas D. Robinson, Jr. are named shareholders. Robinson is also named a senior vice president. Similarly, Bonnie J.G. Lombardo is promoted to assistant vice president.



THOR EQUITIES (NEW YORK CITY) Lori Schechter comes aboard as executive vice president of asset management. A 20-year industry veteran, she will oversee overall investment performance of the company’s portfolio. Additionally, Laurence Hoffer joins as chief financial officer, and will be responsible for the financial control and reporting of Thor Equities.



ATCO PROPERTIES & MANAGEMENT INC. (NEW YORK CITY) Avi Itzikowitz joins as director of operations, and will be responsible for overseeing all of the firm’s commercial office buildings in Manhattan, including Atco’s headquarters at 555 Fifth Ave. Over the past nine years he has worked with Vornado Realty Trust.



GEORGE ELKINS MORTGAGE CO. (LOS ANGELES) Michael Warner comes aboard as a vice president and loan officer. He was previously a senior vice president at Bank of America, serving as senior relationship manager in the private bank, providing customized credit and investment management solutions.



Regional VP/Team Leader, Underwriting


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Responsible for managing and directing a regional underwriting team accountable for supporting the entire loan process from loan application to commitment including due diligence, underwriting, loan submission, loan commitment and preparation of the underwriting file. With a target volume of approximately $750 million to $1 billion in commercial mortgage originations for the CMBS market in 2002, the position will coordinate the workflow and allocate underwriting and related resources in order to meet these production objectives.


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