X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Half Full or Half Empty?

I’ve always approached life from the perspective that the glass is half full. I’m happier for it, and so are those around me. But the news of Fannie Mae and Freddie Mac and the trillion-plus bailout, the failure of California’s IndyMac Bancorp and promises from the chairman of the Federal Reserve that more bank failures are sure to come is making me feel, well, a bit half empty. This is, however, like all of the other major meltdowns, driven largely by greed and recklessness. So what’s in store on the hiring front? It’s becoming increasingly clear to me that the new age of the workout specialist is dawning. But this time around it isn’t about real estate workouts; it’s about unwinding bundles and bundles of bad paper. Send me a collection specialist, or a tough lawyer. That’s what we’ll need this time.

Job Opportunities
DRA ADVISORS LLCAsset Manager–Retail (NEW YORK CITY) The company seeks a manager with experience developing and carrying out strategic goals through leasing, implementing budgets, making capital improvement plans and managing limited scope development projects.

This premium content is locked for
GlobeSt subscribers only.

Already have an account?
Interested in customizing your subscription with Law.com All Access?
Contact our Sales Professionals at 1-855-808-4530 or send an email to groupsales@alm.com to learn more.

GlobeSt

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 © 2019 ALM Media Properties, LLC. All Rights Reserved.