3/14/06:Whew! With all of the hullabaloo about the Dubai Ports deal in the past few weeks, you’d think that any future international trade deals may be imperiled. Yet, you can rest assured that this is not so. A 20-year dispute between the United States and the European Union has come to an end with the announcement of the new bi-lateral wine accord. Now this is big. Not only can we export wine fermented with oak chips in steel barrels as opposed to oak barrels, we no longer will use “European” names such as Port, Sherry and Champagne on our products. Mariann Fischer Boel, commissioner for Agriculture and Rural Development, commented, “I raise my glass to the negotiators for their efforts.” Her wry wit (or shall we say dry with just a hint of irony?) is appreciated as we move toward a new era of global amity. Of course, there are a few more pressing issues lingering in the arena of international relations, but in an era of growing global tension, we can always sit back with a nice bottle of wine and, for better or worse, let the diplomats do their thing.
The views expressed in this article are the author’s own.
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McSHANE CORP. (ROSEMONT, IL) Anna Marie Ryan takes over as vice president-controller after serving as project and real estate controller. She is charged with overseeing cash flow and management reporting for the national portfolio.
PM REALTY GROUP(HOUSTON) Bruce Edwards rises to senior vice president and managing director of the property services’ unit. The 24-year professional was senior vice president and national director of engineering/construction services.
FREMONT INVESTMENT & LOAN (SAN FRANCISCO) David Christensen takes over as vice president and regional manager for the San Francisco Bay Area commercial real estate office. Besides Northern California, the territory includes Oregon and Washington. The r mortgage banker previously opened the San Francisco office for HSH Nordbank.
BLACKARD GROUP (FRISCO, TX) Kim Devoto is named CFO for the global development firm. His background includes senior financial manager and consultant as well as CFO for healthcare, retail and service corporations.
EQUITY OFFICE PROPERTIES TRUST (SAN FRANCISCO) Kathleen Byrne comes on board as leasing director for the 3.6-million-sf Peninsula portfolio. A former seven-year EOP employee, she most recently was an independent commercial real estate consultant for clients like Transwestern Investment Co., Lincoln Property Co. and Delta Associates.
FIRST INDUSTRIAL REALTY TRUST (IRVINE, CA) Jerry Devon joins as director of leasing and marketing in California. He previously was district manager of a 2.6-million-sf portfolio for Rreef Real Estate Investment Managers.
OPUS GROUP (WASHINGTON, DC) Thomas Walker is named senior director of Opus Government Programs, a Rockville, MD-based operation. Walker most recently was assistant regional administrator for the GSA’s Southeast Sunbelt Region. He will work out of Opus’ Atlanta office.
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Due to the unprecedented financial need demonstrated by so many residents, Camden Property Trust increased its initial commitment of $5 million to $10.4 million to support to a total of 8,186 Camden residents.
In spite of the recent pandemic-caused uncertainty, well-capitalized investors are positioned to provide liquidity to companies as they work toward and through the eventual rebound, writes Gino Sabatini of W. P. Carey.
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