Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Outlook for ‘08

Best wishes for a happy, healthy and prosperous 2008. Last year certainly was interesting, to say the least, considering the sub-prime debacle, which in turn kicked-off a credit crisis from which we are still reeling. While we should not underestimate the severity and far-reaching effects of that situation, the credit markets will begin to settle down, and stronger liquid players will view 2008 as a year of opportunity. This will translate into a relatively active recruiting environment, particularly for market or sector specialists; asset and portfolio managers who have lived through a cycle or two; and, yes, developers (those with significant mixed-use or product specialties, such as medical office and assisted-living). Last year also saw fourth-quarter job freezes for the mid-levels of organizations, as managers tried to assess the market. These will be lifted in ’08, and hiring will kick back into gear (except for finance types, a segment that will continue to lag). As for compensation, base salaries will remain flat, but incentive comp will be strong for measurable performance. As it should, pay for performance will begin to dominate incentive compensation plans.

Job Opportunities
INVESCO REAL ESTATEReal Estate Underwriter(NEW YORK CITY) The general role within the acquisition team is to underwrite potential direct real estate investments on behalf of INVESCO Real Estate’s pension fund clients.

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
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join 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
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.