Executive Watch

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. THE URBAN LAND INSTITUTEManager, ULI Boston(BOSTON) The Manager will work with the District Council Executive Committee as well as the DC chair and volunteers, manage all logical aspects of planning and implementing district council events, attend district council events and handle event logistics, and manage the day-to-day district council operations. 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 NOT FOR REPRINT © 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing. share on facebook share on twitter Trending Stories Interest Rates May Not Be High Enough: Vanguard How Dollar Strength Can Affect Industrial CRE ‘Upzoning’ & Affordable Housing: Correlation Does Not Equal Causation Minneapolis Most Searched Market for Fourth Month in a Row Medical Outpatient Buildings Are a Good Segment for CRE   Recommended Stories ICSC Las Vegas Kick Off: Unveiling the Latest Insights from Retail Powerhouses Natalie Dolce | April 22, 2024 The 2024 edition of the colossal ICSC Las Vegas convention is gearing up and GlobeSt.com chats with a few expert sources on their expectations and predictions for the show. Capital Constraints a 'Forced Pause' on Multifamily Development Jack Rogers | April 22, 2024 The withdrawal of traditional lenders from the market has coincided with a steep escalation of construction costs. Resource Center Guide Sponsored by HqO How to Develop a Real Estate Experience (REX) Strategy for Your Tenants Discover how to transform your real estate assets from mere spaces into vibrant experiences that captivate tenants -- and their employees -- to support engagement and retention. Browse More Resources › Guide Sponsored by Building Engines How to Choose the Right Building Operations Tech to Boost Your NOI Cementing your CRE portfolio’s long-term growth means assembling a great tech stack to support your goals. However, selecting the right solutions takes preparation and research. This guide outlines five areas of consideration to help you find the right fit. Browse More Resources › White Paper Sponsored by Placer Labs Inc. Office Recovery in Major Cities: Uncovering the State of Return to Office Discover the latest data-driven insights and trends in the state of office recovery post-COVID. 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 Asset & Logo Licensing Terms of Service Privacy Policy Terms of Service Privacy Policy Copyright © 2024 ALM Global, LLC. All Rights Reserved.