<!–.tabletext {font-size: x-small;font-family: “Times New Roman”, Times, serif;}.boldjohntext {font-size: 12px;font-weight: bold;font-family: “Times New Roman”, Times, serif;}.tinytext {font-size: 10px;}.boldtext {font-weight: bold;}td.border {color: #000000;border: 1px #999999 solid;font-size: x-small;}td.border2 {color: #000000;border: 1px #999999 solid;font-size: x-small;}–>

4/28/04: Its baaack. The “I-word,” that is. Inflation may now start rearing its head once again after so many years of hiding. At least that’s what the Federal Reserve Board reported after its latest meeting and forewarned of rising interest rates. What ramifications does this hold? Conventional wisdom dictates that the real estate market can continue in its robust ways mostly uninterrupted if interest rates don’t increase more than two points. Once that threshold is hit, there will be a deep impact, not only from a deal making point of view, but also–and more important–from the consumer’s vantage point. The days of 0% auto financing are at an end as are low-interest mortgages and credit lines. The upcoming balancing act between an improving economy and incentivizing the consumer is going to prove incredibly difficult in the current climate.

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.

PM REALTY GROUP (LOS ANGELES) Terry Thompson has been named senior vice president for the firm’s western division, while John Sterling has been tapped as vice president of construction services. Thompson, previously vice president of the western division, joined the company two years ago. Sterling , with PM since 1998, was previously senior construction manager.

JACK PARKER CORP. (NEW YORK CITY) Richard Gordon has been named senior vice president and director of acquisitions. Gordon had served as general counsel since joining the firm in 1987. In his new capacity, he will identify development sites and potential joint venture opportunities.

TWIN RIVERS CAPITAL (CHARLESTON, SC) Eric Leineweber has been tapped as development partner. He will manage site selection, land acquisition and development. Leineweber is formerly of Spectrum Realty Advisors.

 

YOUNAN PROPERTIES (WOODLAND HILLS, CA) Jerry Bruno has joined the firm as director of asset management. Bruno will manage the company’s assets throughout California . He was most recently director of property management at BH Properties.

 

CRESA PARTNERS (NEW YORK CITY) Coming on board as vice president is Judd McArthur , who will focus on new business development and existing clients in Westchester County, NY, and Fairfield County, CT. McArthur previously headed leasing and marketing efforts at MetroNexus.

SELECTLEADERS

Financial Analyst

(VIRGINIA)

For more information, click here.

Successful applicant will hold responsibility for performing feasibility analyses of operating centers’ asset plans, which involves creating 10-year cash flow models and performing yield and sensitivity analyses. He or she will also analyze existing projects to identify sales, leasing, rent and demographic trends.

MCMORGAN & CO.

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?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

 

GlobeSt

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 © 2024 ALM Global, LLC. All Rights Reserved.