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10/06/04: On the heels of last week's presidential debate, the current administration is eagerly awaiting the Bureau of Labor Statistics' new job figures. The anticipation is well-founded since there's an expected increase of more than 380,000 jobs. Well-timed indeed since Friday night's second debate will focus on domestic issues. Based on performance, there is no secret about who won the first debate(substance is another issue and we'll leave it to the pundits and spin masters to rate that for us, since they really aren't interested in our opinions).However, I hope the President doesn't lead with: "See, I told you, this economy is growing," and attempt to take credit for what is out of anyone's control. If the President can define the debate and make his case as a person who cares, he will be in good shape. If not he may be revisiting President #41's plight.

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GE COMMERCIAL FINANCE REAL ESTATE
(NEW YORK CITY) Dan Martin and MikeConnolly have both been promoted to regional directors atthe firm for the Mid-Atlantic and New York regions, respectively.Martin was most recently loan originations director for theMid-Atlantic region. Connolly moves up from a position at the firmin which he developed joint ventures with regional and local realestate investors.

HILTON HOTELS
(BEVERLY HILLS, CA) Stefani Strategos has beentapped as vice president of project finance, stepping up from herprevious role as director of project finance and investmentanalysis. She joined Hilton Hotels in 2000. NamitMalhotra has been named vice president of feasibility andinvestment analysis. Malhotra was most recently director offeasibility and investment analysis, and joined the company in2003.

BRANDYWINE REALTY TRUST
(PLYMOUTH MEETING, PA) Former US Congressman Wyche FowlerJr. has joined the organization's board of trustees.Fowler served in Congress for 16 years as both a US representativeand senator from Georgia, starting with his election to the Housein 1977 and continuing with his entrance to the Senate in1986.

AMC DELANCEY GROUP
(PHILADELPHIA) Rene H. Schiegg has been namedgeneral manager of the Radisson Hotel in Jacksonville. Schiegg hasbeen involved in hotel management for more than 38 years. In othernews, AMC Delancey president and CEO Kenneth P.Balin has been elected vice chairman of the PhiladelphiaDistrict Council – Urban Land Institute.

PRIME RETAIL
(BALTIMORE) The firm has tapped Eric R. Smithersas senior vice president and general counsel. Smithers will beresponsible for all legal matters, business development andoperations at the company.

WOODMONT PROPERTIES
(PARSIPPANY, NJ) Dean M. Munley has been namedvice president, development. Munley will be charged with managingthe development process for residential, mixed-use and commercialprojects.

RELIANCE ONE MORTGAGE
(HOUSTON) Don McClain has been named president ofthe firm. McClain is the host of "Commercial Real Estate Insight,"a nationally syndicated radio show, and has more than 12 years ofexperience in commercial and residential real estate lending.

GRUBB & ELLIS
(SEATTLE) Scott Clements has joined the firm asvice president in the investment services group. Clements was mostrecently at Leibsohn & Co., where he specialized in reppingprivate investors in office and retail investment sales.

CRESA PARTNERS
(NEW YORK CITY) Nancy Weinstein has joined thefirm as vice president, in which she will participate in siteselection, contract and lease negotiations and financial analysis.Weinstein was previously a broker at Norman Bobrow & Co.

SELECTLEADERS

CommercialReal Estate Sales Professional

(NEW YORK)

Suitable candidate will maintain relationships with businesspartners while continually developing new sources of business andpromoting and selling mortgage products for industrial, commercialand residential apartment buildings.

KEYBANK

SeniorPortfolio Manager

(ILLINOIS)

Ideal applicant should be able to provide core relationshipmanagement support while performing underwriting and analysis forreal estate loans, including conduit and construction financing. Heor she must also provide operational support and liaison with otherproduct areas.

BUCHANAN STREET PARTNERS

AssetManager

(CALIFORNIA)

In this role, the employee will run a portfolio of 15 to 20properties, which includes performing all asset management tasks,while also overseeing reporting functions, providing weekly updatesof new and existing investments and building strong relationshipswith clients.

PROPERTY & PORTFOLIO RESEARCH

ResearchStrategist

(MASSACHUSETTS)

Applicant should be able to analyze a variety of US markets,cover fundamental economic structures, supply and demand trends,rent trends and vacancy levels. He or she must then integrateresearch findings into the client decision-making process andpresent results of market research to company decision-makers.

PNC FINANCIAL SERVICES GROUP

CommercialReal Estate Underwriter

(PENNSYLVANIA)

This position requires the ability to analyze and interpretfinancial accounting and industry issues in order to make soundcredit decisions, including handling complex underwriting requests.Appropriate candidate will have formal credit training.

SELECTLEADERS

VicePresident, Real Estate Strategy

(ILLINOIS)

This professional will serve in a critical role in the deliveryof asset and facility management services via a consortium of realestate companies, which includes acting as a consultant andproviding oversight, integrating among services, and developing andacting upon overall strategy.

DIVIDEND CAPITAL

RegionalProperty Manager

(TEXAS)

Ideal candidate will be capable of managing third-partycompanies, handling day-to-day oversight over customer service,property operations, vendor performance, budgeting and portfolioperformance.

RAM REALTY SERVICES

DevelopmentAssociate – Commercial Division

(FLORIDA)

This professional must demonstrate his or her ability tocoordinate and manage services and functions associate withconstruction projects. This entails handling consultant/contractorrelationships, early due diligence and creating plans, budgets andschedules.

SELECTLEADERS

Financial Analyst

(NEW YORK)

Candidate for this position shouldbe able to monitor budgets and rent rolls, review and analyze duediligence packages and evaluate real estate markets, investment,financing and leasing alternatives. He or she will also model cashflow proceeds and create value assumptions.

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