The Hottest Openings; Insightful Commentary

Grubb and Ellis recently issued a report, quoting the Bureau of Labor Statistics’ March jobs report, indicating that 180,000 new payroll jobs were produced that month, while the 4.4% jobless rate matched the recent low set in October. This is welcome evidence that the housing and manufacturing slumps have not yet infected the broader economy. The general health of the economy bodes well for commercial real estate markets and implies that employment demand is going to continue unabated. We also continue to see hiring activity across every sector including the multifamily segment, which continues to benefit from weak housing sales. Overall, confidence appears to be strong, once again proof that commercial real estate is all about the fundamentals.

Tony LoPinto is CEO of Equinox Partners, an executive search firm specializing in the real estate industry, and parent company of SelectLeaders. The views expressed in this article are the author’s own.

Job Opportunities SELECTLEADERS.COM (FALLS CHURCH, VA) Project Manager–Real Estate The hire will perform project management functions from feasibility to final delivery for new Great Wolf Resorts Inc. indoor waterpark resorts, as well as managing the expansion of existing resorts primarily in East Coast and Southeast market. 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 Register Now *May exclude premium content Already have an account? Sign In Now share on facebook share on twitter Trending Stories Expect Lumber Prices to Remain Volatile These Growth Markets Logged the Most Lease Renewals Over the Last Six Months Multifamily Rents Jump in March, Post Strong Quarter Here’s What’s Next For Secondary Cities In the Southeast Asset Price Bubbles Could Haunt CRE   Recommended Stories   How COVID Will Change the Office Les Shaver | April 07, 2021 Social distancing measures will eventually go away, but hybrid work environments are here for the long term.   Online Syndication Reaches New Peak: Why Sponsors are Flocking to this Efficient Source of Equity Geoffery Metz | March 30, 2021 Online real estate syndication has been around for a few years, but the events of 2020 propelled it even further as sponsors looked for new sources of efficient, accessible, and unlimited capital.   Why Private Capital Provided Construction a “Contrarian” Safety Net Brian Lee | March 18, 2021 The pandemic-produced downturn shows once again that the capital road less traveled, that of private lending options, can lead to major CRE success. Resource Center White Paper Sponsored by RealPage Inc. Take Control of Your Data to Deliver More Value Stay a step ahead of the market by learning how to standardize, centralize and connect to your data to mitigate risk and enhance value with Enterprise Information Management (EIM). Browse More Resources › eBook Sponsored by dialpad Empower CRE Performance with AI-Powered, Cloud-Based Communications Learn how AI-powered, cloud-based communication can improve organization performance, reduce costs, and enhance business strategies. Browse More Resources › Report Sponsored by Walker & Dunlop Winter Multifamily Outlook Report Get the latest economic updates, market news, and trends in the multifamily space. Topics cover student housing, a spotlight on Washington, D.C. and more. Browse More Resources › 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 Follow Us On About GlobeSt Contact Us Site Map Advertise With Us Terms of Service Privacy Policy Terms of Service Privacy Policy Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.