Thank you for sharing!

Your article was successfully shared with the contacts you provided.

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

10/22/03: Sometimes you have to wonder about conventional wisdom in the nation’s capital. The economy is one of the two biggest topics on our government’s agenda, the other being the war on terror. When the current administration was pushing Paul O’Neill, a former CEO of Alcoa, for Treasury Secretary, many wondered about the wisdom of picking someone who hailed from the so-called old economy. At first glance, the choice made some sense because the new economy had faltered and this was a return to corporate and fiscal responsibility. Now, we have John Snow, former CEO of another old-economy firm, CSX. Recently, in a published interview, Snow predicted that the economy will grow in the next four quarters and produce two million new jobs. If this happens, we will all be rejoicing. If not, it might be an indication that this administration’s idea of how to manage our economy may be on the wrong track and out of touch.

To receive the weekly Executive Postings email, register for our free daily NewsBlast in the upper righthand corner of this page. To post executive news, email a photo (JPEG) and brief employee biography to our site manager. This section of the page is updated daily. To announce an opening please click on Post-A- Job. Past issues of this newsletter can be found here.

GRUBB & ELLIS CO. (COLUMBUS , OH) Grubb & Ellis/Adena Realty Advisors has promoted Michael Linder and Gregory D. Weber to vice president positions. Linder, who has been at the firm for three years in its industrial services group, has completed more than 60 lease and sales transactions involving in excess of two million sf and totaling more than $18 million. In the firm’s office services group, Weber has handled more than 60 transactions involving more than 900,000 sf. A two-year veteran at the firm, he was previously at RJ Boll Realty Ltd.


DOUGLAS ELLIMAN (PHOENIX) Steven Brabant has been promoted to first vice president of the firm’s Phoenix office. Brabant has more than 30 years of experience in his specialty of institutional commercial real estate and has worked in a variety of domestic and international markets. He has utilized his legal and business background in the handling of large domestic and foreign clients needs in acquisitions, dispositions, highly structural debt and equity transactions and workouts.

COLDWELL BANKER COMMERCIAL (PARSIPPANY , NJ) Michael D. Damelio has joined the firm as manager of commercial services in northern region. In that capacity he’ll consult with individual franchisees throughout 19 states. He was most recently an associate with the Staubach Co.’s New Jersey office, where he managed transactions and provided consulting services. Prior to that, Damelio was a senior account associate at Cushman & Wakefield.


FLEET (NEW YORK CITY) Maria Kastanis has been appointed senior vice president and team leader in the firm’s finance group. In this capacity, she will be responsible for managing new business development for the firm’s New York City and Long Island’s real estate finance portfolio. A 20-year veteran of the industry, Kastanis began her career at Merrill Lynch Hubbard and entered banking as a lending officer in the real estate divisions at Credit Lyonnais and KreditBank. She also worked at the Bank of New York, where she served as a vice president in the real estate lending division .

NAI CORPORATE SERVICES(NEW JERSEY) The firm has named Rick Leighton as the newest Corporate Services Group team member. Prior to joining NAI, Leighton spent 32 years with Air Products and Chemicals Inc., where he served in accounting, sales, service-management and marketing before heading the real estate department. In that role, he was responsible for all real estate activities in the Americas for approximately 300 owned properties and 250 leases. In addition, he has managed space planning for more than two million square feet of office space. Leighton worked with NAI as a preferred real estate partner for more than 15 years while overseeing the Air Products portfolio.


Director, Real Estate Due Diligence


Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.