The Hottest Openings; Insightful Commentary

Executive Watch

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

3/21/06:It appears that state andlocal politicians around the country are looking into whetheror not Wal-Mart should offer its employees health benefits. Itshould be said that many Wal-Marts are located in areas alreadysaddled with tax burdens that chase businesses away. The idea oflegislating how private enterprise conducts its own affairswill probably send many of these corporations away forever. Yes, like many large and successful companies, Wal-Mart has had itsshare of issues, but it has also been able to grow and employhundreds of thousands of people across the country. To imposea mandated health plan (read, another tax), will only cause pricesto rise. And these rising prices will most seriously affectthose that this mandatory health plan was supposed to help. In other words, in the long run, it won't really help theseworking-class people at all. Maybe some of these legislatorsshould think through this position before posturing aroundit.

The views expressed in this article are the author'sown.

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	ROSEWOOD HOTELS & RESORTS (LOS CABOS,MEXICO) Andres Araya becomes managing director of the LasVentanas al Paraiso, part of Ty Warner Hotels & Resorts LLC.For two years, the 20-year hotel executive has been overseeingday-to-day operations as resort manager.
	CONTROL CONSTRUCTION CO. (KATONAH, NY) The firmpromotes Kenneth P. Martin to president and hires BradRuder as vice president. Martin previously was CFO foraffiliate, Control Group Inc. Ruder had been operations directorfor ACC Construction Corp.

	RIVEROAK INVESTMENT CORP. (STAMFORD, CT) Joseph Iannotta, previously a senior auditorwith Deloitte & Touche LLP, is the new assistantcomptroller.
	CUSHMAN & WAKEFIELD OF MASSACHUSETTS (BOSTON)Elizabeth Carrillo Thomas is named executive director forinstitutional sales in the firm's capital markets group. In joiningthe firm, she ended a four-year stint with CB Richard Ellis Inc.'sinstitutional group.
	PROLOGIS (WASHINGTON, DC) Mark G. Levy comes on board as first vicepresident and market officer in the metropolitan region, whichincludes Northern Virginia, Baltimore and suburban Maryland. Hepreviously was vice president of the South Florida business unitfor Duke Realty Corp.
	EQUIS CORP. (WASHINGTON, DC) Susan Stoudt joins as vice president andsenior project manager, gaining responsibility for project andconstruction services in Washington, DC, Northern Virginia andMaryland. She was previously was a senior project manager anddeveloper for CB Richard Ellis Inc.
	SPERRY VAN NESS (STOCKTON, CA) Randy Thomas is named senior adviser for theCentral California office at 1919 Grand Canal Blvd. in Stocktonwhile Rami Batarseh and Suheil Sahouria get the sametitles to work the San Francisco Bay territory, operating out of1900 Alameda De Las Pulgas in San Mateo.
	JPI (IRVING, TX) Karen Tepera comes on board as vice presidentof business development for the firm's management services. Withthe move, she ends a 12-year stint at Westdale Asset Management,exiting as executive vice president.

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Acquisitions Associate

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GRUBB & ELLIS

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ING CLARION PARTNERS

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CB RICHARD ELLIS

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EQUINOX PARTNERS

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Asset Manager

A client wishes to recruit aHouston-based asset manager to work across multiple property typesand portfolios and report to the vice president of assetmanagement. Responsibilities will include managing third-partyowner representatives; overseeing property operations; coordinatinginvestor reporting; executing leasing and repositioning strategiesand assisting in structuring and closing acquisitions.

TRAMMELL CROW CO.

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This position in San Ramon willoversee all aspects of major development assignments. This includesmanaging, coordinating and administering projects from initialconcept planning stages to procurement of construction, reviewingbids and contract negotiation.

CARRAMERICA REALTY CORP.

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REIT Portfolio Team Manager

Assume full responsibility for a portfolio of properties,prepare monthly close package for each property in portfolio,prepare schedules and reconciliations for balance sheet reviews,quarterly work papers and year-end audits. Maintain fixed assetsand FASB sub-ledgers.

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