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Beach Book

Normally, by the time mid-July comes around, commuters find the precipitous drop in traffic on the road, in the train, and on the bus as the summer vacation season is in full swing. This year, there is a general expectation that the roads will be a ghost town as everyone is “checking out” and heading to the beach as real estate activity has ground virtually to a halt. It might be a good time for you to pick up a recently published book that I came across last week, “The Upside of the Downturn,” by Geoff Colvin. I found it to be a stimulating and insightful read that thoughtfully provides a road map for companies, and their leadership, on how to capitalize on the economic carnage that is bigger than anything before it, at least professionally. Colvin’s point, however, is that the opportunities that emerge will, therefore, be bigger than ever before. In retrospect, every downturn that I have experienced was followed by a period of great opportunity. If Colvin is right, we are in for some great times ahead. Enjoy the beach, and don’t forget the sun block.

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.

WEBINAR ON-DEMANDJob Opportunities in a Turbulent MarketIn today’s real estate marketplace, finding and keeping meaningful employment – whether you are a manager, developer, investor, broker, or architect – is a difficult and constant challenge. GlobeSt.com and the SelectLeaders Job Network are pleased to present this important online event to identify key job growth areas, the types of positions that are in demand, and approaches necessary to flourish in this downturn. Recorded on Tuesday, June 9, 2009, 12:30 PM ET. Cost: $59. VIEW ON-DEMAND NOW >

Job Opportunities
AMERICAN REALTY ADVISORS Senior Asset Manager(CHICAGO) The manager will analyze, draft and negotiate real estate lease proposals and leases, make appropriate recommendations, develop strategic business plans for each asset.

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