Brett White. Arthur Mirante. ThomasD'Arcy. Joseph Azrack. Ethan Penner. Aside from their being amongthe industry's heaviest hitters, each has made a move in recentweeks or announced plans to do so.

White will step down as CEO of CBRE at year's end, whileMirante, who at one time was president and CEO at Cushman &Wakefield, has left his longtime employer to establish a New YorkCity office for Toronto-based Avison Young. In the wake of BGCPartners' acquisition of Grubb & Ellis and the brokerage'sabsorption into what is now known as Newmark Grubb Knight Frank,Grubb CEO D'Arcy departed to take the reins of American RealtyCapital Healthcare Trust. Azrack, a 30-year industry veteran whohas served as global head of the real estate group at Apollo GlobalManagement since 2008, has reached an agreement to transition frommanaging partner to chairman of the group, a position with lessday-to-day involvement, according to an SEC filing. Often called"the father of CMBS," Penner has stepped down from the presidencyof CBRE Capital Partners, although he will continue to servethrough October as advisor to group's funds.

Were these moves individual responses to company-specificcircumstances, or examples of broader trends? It's some of both,recruitment experts tell Real Estate Forum, and we can expect tosee more of these comings and goings in the near term.