|
12/08/04: A new survey released by outplacement firm Challenger, Gray & Christmas shows that employers cut more than 100,000 jobs in November for the third consecutive month. This is the first time this level has been hit for that span of time since 2002. These cuts are based on rising costs in energy and health care. The statistic that really drives the point home that this recovery is not very strong is that there have been over 930,000 job cuts this year and all that is needed is another 70,000 cuts to hit one million. If this happens, it will mark the fourth straight year of over one million job cuts. Now that the election is over and all the posturing over how many jobs this economy has produced is done, it may be the time to actually take a serious approach to dealing with those that this recovery has left behind. This economy is in a very precarious position and its only hope is to shore up the financial security of those that are needed to propel it.
To receive the weekly Executive Postingsemail, register for our free daily NewsBlast in the upper righthandcorner 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. Toannounce an opening please click on Post-A- Job. Past issues of thisnewsletter can be found here.

RERC
(CHICAGO) The firm has promoted Kent Steele toprincipal. Steele, a five-year veteran at the company, specializesin commercial real estate valuation and market analysis.

ARBOR COMMERCIAL MORTGAGE
(UNIONDALE, NY) Wendy Stamnas has been tapped asFHA chief underwriter, moving up from her prior position as seniorFHA underwriter. Stamnas will provide direction and technicalguidance in her new position.

EQUUS REALTY ADVISORS
(LA JOLLA , CA) The company has named Thad L.Meyer as chief financial officer for its La Jollacorporate office, bringing him in from his prior position aspresident of Alliance Turnaround Management, which hefounded.

JONES LANG LASALLE
(DALLAS) The firm has tapped Samuel A. Weatherbyas vice president and leasing specialist. He was most recentlyassistant director at Julien J. Studley Inc. Weatherby will leadlocal tenant representation assignments.

O'NEILL PROPERTIES GROUP
(KING OF PRUSSIA , PA) James Savard has joinedthe company as vice president of acquisitions and transactions,moving over from his previous post as senior vice president oftenant representation at Jones Lang LaSalle's Philadelphiaoffice.

TRAMMELL CROW
(FLORHAM PARK , NJ) John Goodwin has been hiredas sales associate. Goodwin, who will serve both tenants andowners, was most recently at SJP Properties in Parsippany ,NJ.

MEREDITH & GREW
(BOSTON) The firm has appointed Adam M. Coppolaand Seth I. Rosen as analysts for its finance andcapital markets group. Coppola was previously senior fundaccountant at State Street Corp.; Rosen was acquisitions consultantat National Development Inc.

COLLIERS INTERNATIONAL
(FOSTER CITY, CA) Sean Heffran has come on boardto the local office here as retail broker. Heffran moves over fromGrubb & Ellis in Los Angeles , where he was retail investmentbroker.

GVA WILLIAMS

SeniorProperty Manager

(NEW JERSEY)

Ideal candidate will holdresponsibility for approximately 1-million-sf first-class officebuilding portfolio, using a minimum of 10 years' experience inoffice building management. He or she must possess goodcommunication and financial skills.

BUCHANAN STREET PARTNERS

MarketingDirector

(CALIFORNIA)

Suitable applicant will supportsales effort using marketing background and knowledge of commercialreal estate investments and finance. This includes managingeditorial submissions, website content, budget, brand and eventcoordination while overseeing PR firm and marketing collateral.

SELECTLEADERS

DevelopmentAssociate

(NEW YORK)

This professional will assume responsibilities for handlingsignificant parts of the development process, including duediligence, financial modeling and analysis, oversight of designteams and oversight of the entitlement process.

KEYBANK

SeniorPermanent Product Specialist

(TEXAS)

In this role, ideal applicant will conduct permanent lendingloan origination and deal structuring while also originating andnegotiating permanent loan applications. He or she will alsodevelop a detailed working knowledge of all permanent lendingproducts.

AMERICAN REALTY ADVISORS

Directorof Real Estate Investments

(GEORGIA)

Position involves sourcing, underwriting and closing acquisitionof investment-grade properties while also developing and expandingrelationships with brokers, owners, developers and othertransaction sources in the Northeast and other key markets.

FORE PROPERTIES CO.

VP,Condo Developer

(DISTRICT OF COLUMBIA)

Reporting to company owners, this professionional will overseemid-rise projects in pipeline while initiating new projects, whichrequires handling feasibility, land acquisition, processing,pre-construction, construction, delivery and sales.

SELECTLEADERS

RealEstate Asset Manager – Debt Process Compliance

(CALIFORNIA)

Taking responsibility for national portfolioof debt investments secured by a variety of real estate types, thisprofessional will oversee loan compliance, payment of debt serviceobligations, funding of reserve accounts and maintenance of cashmanagement agreements.

BANNER APARTMENTS

VP(Finance/Asset Management)

(ILLINOIS)

Ideal candidate will place conventional and affordable housingdebt, assess management performance, identify opportunities forimprovement and direct value-added initiatives.

To receive the weekly Executive Postings email, register for ourfree daily NewsBlast in the upper righthand corner of this page. Tounsubscribe click here. To post executivenews, email a photo(JPEG) and brief employee biography to oursite manager. This section of the page is updated daily. Toannounce an opening please click on Post-A-Job. Past issues of thisnewsletter can be found here.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
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.