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million, saying it failes to deliver prospectuses and product descriptionse to customers who boughtinvestmenr products. FINRA’s investigation found the firm failed to deliver the prospectuseas to customers inabout 6,000 of 22,000 transaction s between July 2003 and Decembeer 2004. The market value of the 6,0090 transactions was $256 million. “Disclosure of product informatio to the public is ofparamountf importance,” says Susan Merrill, FINRA’s executive vice presidenty and chief of enforcement.
“When a firm failzs to provide prospectuses and otheroffering documents, it deprived the investing public of information valuable in makingv informed investment decisions.” FINRA says Wachovia Securities also exhibiterd supervisory failures that caused a failure to providse the association with timelh and accurate information.” In settling the Wachovia Securities neither admitted nor denied the charges but consente d to the entry of FINRA’d findings. At the time of the activity at issue, Wachovia Securitiea was a subsidiaryof Charlotte-based Wachovia was acquirecd by (NYSE:WFC) of San Francisco at the end of 2008.
Wachovia Securitiew has since been renamed Wells Fargo Advisors. FINRA is the largest independent regulator for all securitiea firms doing business in theUniterd States.
Monday, February 28, 2011
Friday, February 25, 2011
Lubavitch Education Center faces foreclosure - St. Louis Business Journal:
coeragnheidur3778.blogspot.com
’s 84,020-square-foot, seven-story buildinyg on seven acres, along with two other properties, is namef in the $8 million foreclosure lawsuit filed on June 23 bythe Ala-based bank in Miami-Dade Countyu Circuit Court. The nonprofit center is affiliated with the Chabad an orthodox Jewish movement that has temples and education centers throughouthe world. The foreclosure names the nonprofit Friends of Lubavitch of Florida andthe for-profit 17330 NW 7 LLC. Rabbik Bentzion Korf, who is listed on the LubavitchEducation Center’s Web site as the director, manages both entities, whic h took an $8 million loan from the bank in 2004.
Korf didn’r immediately return a call seeking comment. The center was foundedf in 1973 as the firsttrabbinical college, or yeshiva, in the southeasterb U.S. Orthodox Jews from throughout South Florida send their children there forreligiouse education. In addition to the main campus, which is locatedf near Golden Glades, the foreclosure targetse the 30,750-square-foot education center at 1114 Altomn Road in Miami Beach anda 3,363-square-foot apartmengt building at 1231 13th St. in Miami Beach. Miami-based attorney Elizabeth Dombovary, who representsx Regions Bank inthe lawsuit, didn’t immediatelyy return a call seeking comment.
’s 84,020-square-foot, seven-story buildinyg on seven acres, along with two other properties, is namef in the $8 million foreclosure lawsuit filed on June 23 bythe Ala-based bank in Miami-Dade Countyu Circuit Court. The nonprofit center is affiliated with the Chabad an orthodox Jewish movement that has temples and education centers throughouthe world. The foreclosure names the nonprofit Friends of Lubavitch of Florida andthe for-profit 17330 NW 7 LLC. Rabbik Bentzion Korf, who is listed on the LubavitchEducation Center’s Web site as the director, manages both entities, whic h took an $8 million loan from the bank in 2004.
Korf didn’r immediately return a call seeking comment. The center was foundedf in 1973 as the firsttrabbinical college, or yeshiva, in the southeasterb U.S. Orthodox Jews from throughout South Florida send their children there forreligiouse education. In addition to the main campus, which is locatedf near Golden Glades, the foreclosure targetse the 30,750-square-foot education center at 1114 Altomn Road in Miami Beach anda 3,363-square-foot apartmengt building at 1231 13th St. in Miami Beach. Miami-based attorney Elizabeth Dombovary, who representsx Regions Bank inthe lawsuit, didn’t immediatelyy return a call seeking comment.
Wednesday, February 23, 2011
People on the Move: June 22 - Washington Business Journal:
http://portableshareware.com/browse-audio-2_3.html
Stephanie Williamson has been named directotr of marketing and business development with MatriDesign Cos. in the Matrix Settles officr in Arlington. in D.C. named Brian Judisa senior project manager for itshospitalith practice. Judis brings 15 yearsa of experience managing large hospitality projects to the CORE Most recently associatedwith , where he was the directoer of capital expenditures, Judis implemented capitalo investment projects upwards of $70 millioj annually and was the lead manage for the design and construction of numerous hoteo projects throughout the U.S.
Judisa has worked with a wide rangd of hotelbrands including, but not limitex to, Marriott, Swisshotel, , Hyatt, , and Ritz-Carlton. Recently, he completec the renovation tothe lobby, rotunda bar and restaurangt of the Philadelphia Marriott Downtown. Other recent projects includs the management of the design and constructiomn at the Hyatt Capitol JW Marriott, Key Bridge Four Seasons Philadelphia, and Ritz-Carlton Tysones Corner. Scott Boos , senior policg adviser to Sen. Arlen Specter, D-Pa., has been nameed the new deputy director ofthe . Boos has more than sevem years of legislative and policy experience gained during his tenurein Specter’s office and as stafcf director of the U.S.
Senate Steel In the Senate, Boos focused on a broasd range of issuesincluding manufacturing, trade, climate change, veterans, budget, tax, telecom, housing, financial services and othe business-related issues. As staff director of the bipartisan U.S. Senate Steel Caucus, he worked to promot the health and stability of the domestifsteel industry, as well as the interests of its workforce. The of D.C. namedf Bonnie I. Robin-Vergeer as director of the She is an experienced appellate litigator who comes to Legall Aid after nine yearxs atLitigation Group, where she made threed U.S.
Supreme Court arguments and numerous otherss before appellate courts throughout the countru in cases involving theFirst Amendment, acces to the courts, and consumerf health and safety, amongt other issues. Prior to her position at Publifc Citizen, she worked for then-Sen. Joseph R. Biden Jr. on the reauthorizationm of the Violence Against Women Act in 2000 and was an associate at the law firm of LLP and a teaching fellow at the Law Center Appellate Litigation Clinic. The in Fairfax named Tiffany Singleton tothe organization’x newly created position of director of social entrepreneurship programs.
Singleton will be responsible for overseeinygthe design, development and implementation of UNCF social entrepreneurshi p programs, while engaging stakeholders to develop a multiyear strateggy for introducing a greater numbee of young African Americans to social entrepreneurship — the applicatiom of business management practices and innovation to sociaol reform efforts. In additiob to overseeing the design and implementation of UNCF socialoentrepreneurship programs, Singleton will cultivate and sustaim strategic partnerships and collaborations with leadintg social entrepreneurs and their and organize structured discussions with key ultimately establishing a national advisory committee of social academic, and social venturew philanthropists who can providd ongoing guidance to has promoted Paul McManus to assistant vice president.
who joined the bank in 2006, is a financialp center leader at 1470Rockvilld Pike. Francis P. Nelson has been promoted to administrativ vice presidentat . Nelson joined M&yT in 1992. He is responsibled for leading and managing a retail salesa and operations team for thePrince George’s Countyh region. in Rockville has named David E. Perkins as its new chiedf technology officer. Perkins joins NIHFCU’s newly appointef CEO Juli Anne Callis to lead thecredit union’s renewed focus on technologic innovation and Perkins previsouly worked at .
Over a 13-year career at SECU, with the last five as CIO, accomplishments include the completion of two core implementation of newloan origination, online bankingh and collection systems and the migration of new Cardinal Bank announced the promotione of Andrew J. Peden to senior vice president, Katise L. Golden to vice president and James N. Esteo to assistant vice president. Peden will overseed the relationship management of developers and real estate with a primary focuson acquisition, construction financing and commercial including special use properties such as golf coursese and churches. He began his lending careerf at Cardinal Bank in 2000 as acrediy analyst.
Golden will continue to overses the relationship management of builders and primarily in the areas ofcommercial development, projec t financing, acquisitions and client development. Golden joined Cardinal Bank in 2004 in real estatee administration and currently manage s the lending support unit for the commercialp realestate group. Estep remains dedicated to smallbusinesx lending, SBA guaranteed lending and businesw development. Estep began his financial services career at Cardinak Bank in 2004 inretail C. Fox Communications in Silver Sprinbg named Tina McCormack as senioe publicrelations associate, and Julie Feldman as public relationw associate. in D.C. named David W.
Whitmore as chief operating officer and general Whitmore comes to Levick with more than 25 years of financial andoperational experience. He has spent the lion’s share of his career in the communicationsa industry, working with public relations, public lobbying and advertising firms. Before joining Whitmore was executive vice president ofin D.C. with operational responsibilityh forthe firm’s public affairs, government crisis management, and issues managemenf practice groups. Prior to Racepoint, Whitmore provided communicationzs and management counsel to numerous clients in Dubai andAbu Dhabi.
At , Whitmore variously serverd as executivevice president, chiedf financial officer, chief operating officer and general counsel. announced the hiring of Brian Brobst as vice presidenft of business developmentin Reston. Brobst, a 20-plu year engineering and constructionindustry veteran, will be charged with expanding the firm’sx presence in the high-density power and computingv markets, inclusive of finance, telecommunications, commerciall data centers and government Brobst was previously employed by as critical facilit services principal.
Prior to that, he serveds as principal and Eastern region directotr of business development for nameed Cyndie Shadow as state vice president with oversight of campuse operationsfor D.C., Delaware and Maryland. Shadow currentl serves as campus director forthe D.C. and Delawarde campuses. The university also has a campus locationjin Columbia, Md., and three learnint centers located in Greenbelt, Rockvill and Timonium, Md. Prior to joiningf the D.C. campus as campus directof in 2007, Shadow servecd as director of academic affairs forthe University’w Maryland campus, as well as campues college chair for that .
Her background and experiencre also involves several years as a senio system design associate for InterData of Sanibel, Fla. Sam Ortiz has been namex campus directorat — Northerhn Virginia in Sterling. Engineering consultinv firm hiredMina L. Clark as a new federakl programsproject director. Clark will manags large public sector projectsfor G&O’s growing federal programs division. Clark has 20 yearz of experience in domestic andEuropean projects, and has administerede contracts for the U.S. governmentf and as an industry She has workedin military, government and corporatde engineering environments. The Fairfax at Embassy Row announced thatDavid F.
Bodettde has joined the hotel and its restaurant as assistantgeneral manager. Bodette has been involved with four- and five-stae diamond hotels for more thana decade, including food and beveragde management positions with a numbed of Ritz-Carlton properties across the U.S. In his new role, Bodette will be responsibls for food and beveragw management andrelated day-to-day operations for the Fairfax at Embass Row, The Jockey Club and The Fairfax Lounge. Josephb S. Skoloff joins Nova Medical’s team of expertw in Ashburn to leadthe facility’s pediatric division as the newest member of this integrative medical group.
Board-certified in 1976 and then voluntarily, in 1988, Skoloff has been a pediatriciabn in Loudoun County for more than30 years. Skolof f currently holds positions as assistant clinical professod of pediatrics at the medical schoolsof Georgetown, George Washington and the . He is a past vice chairmann of the department of pediatrics and chairman of the infectiobn control committee atthe . Prior to joining Nova Skoloff, served as chairman of the department of pediatricsxat , Robbins AFB, achieved the rank of and entered a two-year pediatric cardiology fellowship at the Children’s .
WellNet Healthcare, a health care technology company in announced the appointment of Chris Kaisert as sales executive forthe mid-Atlantic territory and Jay Thompson as salezs executive for the Northeast territory. Kaiser and Thompsohn will be responsible for selling software to companies that provided and pay for employeehealthb benefits. Prior to joining WellNet, Kaiser spent time in a territory saless role withVocus Inc. Previously, he was with the in Thompson most recently worked for the Corporate Executive Board as aresearchy consultant. Vedder Price PC announced thatAjay A. Jagtiani , Mark J, Guttagb and David J.
Lanzotti will join the firm’sx intellectual property practicein D.C. Jagtiani has nearlh 20 years of experience in all phasesw ofpatent prosecution, including patentability, validity and infringement procurement of domestic and foreign patents, client counseling, licensing and use agreement preparation and negotiation, and the protection and valuationj of intellectual property in mergersx and acquisitions. Guttag will become of counselo to the firm and Lanzottji will be an associate inthe Jagtiani, Guttag and Lanzottij are registered to practic with the . Prior to joining Vedded Price, they were with the law firm in Fairfax.
announcedc a change in leadership inthe firm’s Alexandria office. Intellectual property shareholder Robert G. Mukai has been named office head. Mukao takes the place of fellow intellectual property shareholderWilliam C. who was recently elected to servd onthe firm’s advisory committee and, therefore, has stepped down from head of the Mukai formerly served on the Advisory Committee; however, his term recentl expired.
Mukai focuses his practice on polymer chemistry includingbiodegradabler polymers, synthetic fibers, petroleum chemistry, healthn care technology, photographic and lithographic chemistry, solvent-based and solvent-lessa coating compositions, metallurgy and inorganivc chemistry. Michael A. Bell , Laura E. Jordan and Alfrer L. Scanlan Jr. joined ’s business law and generaol litigation groupsin D.C. as directors. announced that J. Page Scullyu has joined the firmin D.C. as an associate in its statwe and localtax group. Page’s addition expandes Sutherland’s fast-growing State Tax Practice to 20 attorneywdedicated full-time to advising clients on states and local tax matters.
A former associate with LLP in Scully has experience incombined reporting, allocation and apportionment, realty transfer tax, Internegt and e-commerce matters, unclaimed property and federal and state constitutionak issues. announced that Daniel E. Cooper has joined the firm’z energy practice in the D.C. Cooper is a non-lawye consulting engineer in the firm’s energy practice group. He is a registered professional engineer focusing his consulting work on electricutility matters, includingf economic and feasibility analysis, oversight of electric generating resource operationsa and development, power supply and transmissio n contracts, oversight of bulk powedr operations, compliance with environmental regulationse and reliability standards, and review and oversight of transmission and bulk electric powed contracts.
Cooper joined the firm after servinfg with the Michigan Public Power Agency for more than 16 Prior to joining Michigan PublicPower Agency, Dan worked for 12 yeare for the firm of R. W. LLP announced that Valyncia R. Simmons has joinex the firm’s D.C. office as an associatd in its trial Simmons’ practice focuses on trademark enforcement and as well as matters relatinhg to unfair competition andcopyrighted material.
In addition to Simmons maintains trademark portfolios comprised of both foreigmn and domestic trademarkprosecution matters; handles opposition and cancellatioh proceedings before the ; acquires domain names throughy implementation of the Uniform Domain-Nams Dispute-Resolution Policy; and analyzes trademark search reports and provides clearancwe opinions. Leslie Nicholson , immediate past general counsel ofthe , joinede Pillsbury Winthrop Shaw Pittman LLP as senioe counsel in the firm’s litigation practice. It is a homecoming for who was one of the firsr three associates at Pillsbury predecessor firm Shaw Pittman when he began in private practicein 1968.
He spent 28 yearxs at the firm, six as leadefr of its litigation practice. Aftere earning his J.D. from of Law in 1965, Nicholson joines the U.S. Department of Justice as a member of theAttorney General’s Honors Program, where he worked under two assistant attorneys general for the civilk division before joining Shaw During his nearly threse decades with the firm, he personallhy handled cases in 37 states, involvinf bankruptcy, securities, ERISA, construction claims, complex commercial and real estatr disputes, environmental compliance, aircraft sales and leases, classz actions and employment law issues.
In 1996, Nicholson was namec executive vice president and general counseplto , where he created and managed the legall department of the $12 billion financial led government relations efforts at the federapl and state level, and supervised and administered multiplew other bank functions. A compliance program developesd under his leadership was used as a model of excellence by the Office of Thrift In 2002, Nicholson co-founded investment fund Kenwood LLC, where he was Presidenf and CEO until retunintg to public service at the GSA in 2008. Seyfartbh Shaw LLP announced thatMinh N. Vu has joined the firm’sz D.C. office as a partner in the labor andemploymeny department.
She was previously a partner at , wherer she served as co-chair of the firm’s disability law group. Vu is an experienced litigator with special expertisee in handling disability discrimination lawsuits brought undet the Americans with DisabilitieseAct (ADA) and other civil rights Since returning to the privates sector, Vu has defendedx employers and public accommodations in a varietyh of complex disability and employmentg law matters. Vu also devotes a substantial portiojn of her practice to employmen t law litigationand counseling. She has defended employers against lawsuits and government investigations broughttunder anti-discrimination laws such as Title VII, the D.C.
Humajn Rights Act, and the LLP announced that former U.S. Trader Representative General CounselWarren H. Maruyama has rejoinerd the firm as a partneer inthe D.C. office. He will resume his practicde in the international trade law and policy group ofthe firm. As USTR General Counsel, Maruyamaq oversaw World Trade Organization and Free Trade Agreement worked with congressional leaders and other executive brancj agencies ontrade legislation, U.S. FTA and the WTO Doha Round. Maruyama playede a key role in negotiatingthe “May 10 Bipartisan Agreement” between the Bush administration and Democratic congressiona l leadership to address the labod and environmental provisions of U.S.
FTAs. Roge r E. Smith has joined LLP as a partner in the energy and public utilities groupo inthe D.C. office from Troutman Sanderzs LLP where he wasa partner. Smith concentratea his practice in energy litigationand transactions. He represent s investor-owned utilities, independent system operators and regionaltransmissionb organizations, electric distribution companies and power marketers. Kevinb Spurlock has joined Penzance, wherse he will manage construction, and development for Penzance-owned projects as well as for tenantzand third-party groups.
Spurlock comes to Penzance from , wherse he was senior vice president for In his 30 yearsz on the job he has workec in senior positions for many of the major players in the metro including , , and . His project experiencwe includes the training facilityin Arlington, renovation of 1310 N. Court House, Cox Communications Regional Headquartersin Herndon, Dulless Town Center Regional Mall, 1750 Tysons Boulevard in and the in North Bethesda, to name a few. Jefforgy Groves has joined EDGE Commercial’s landlord and tenant advisor y practicefor Maryland.
Groves has seven years of Gates Hudson announced that Joe Schechtekl has joined the company as senior vice presiden of itscommercial division. He will be responsible for a team of professionalsx providingasset management, property managemenrt and leasing services to the company’s 3.7 milliomn square foot commercial real estate portfolio in the Washingtojn area. Schechtel brings with him more than 20 yeard of commercial real estate including the last 14 yearswith , where he was directof of client solutions and responsible for the firm’s third-party propertt management, facility management and projec management services throughout the Washingtomn and Baltimore areas.
Dave Jones joined wife Pam Loudoun-based marketing team at as comprehensive buyer rep in in Reston appointed Georged PeachTaylor Jr. , vice president and chief medical officer, and Amy King , vice presidenty of health information technology programs forthe company’s information systems sector. As vice presidenft and chief medical officer, Taylor will provide strategic direction forNorthrop Grumman’s homeland security, biomedical sciences and huma n system integration business.
Previously, Taylor was vice president of Health IT Taylor joined Northrop Grumman in 2008 from the Washingtonb federal practiceof , where he was a seniore managing director following his 2006 retirement as a lieutenant general and surgeon general of the U.S. Air As vice president of healthIT programs, King will overse Northrop Grumman’s overall health business, which provides mission-critical enterprisewide health applications, interoperable architecture, and large-scale systems integratioh and engineering to leading health Previously, she was director of .
King has more than 25 yeares of experience with civilian and defense agencies inthe management, analysis, development and implementation of large-scale automated financial, healtn and related administrative information systemse using mainframe and Web-based technology. Priorr to joining Northrop Grummanin 2006, she was vice presidengt of the Public Sector Health Account Groupl at . Northrop Grumman Corp. in Reston also named Cherylo L.
Janey vice presiden t of operations for the informatiomnsystems sector’s civil systems Janey will oversee the division’s financial growth and operational objectivesa within the federal-civil, and state and local She will also lead civilo system’s integrated planning process, leadingg and managing special projectsa and initiatives. Janey has nearly 30 yearxs of experience in the informationtechnology industry. Most she was president of civil programsfor , supportinfg the technology needs of federal Prior to joining Harris, she spentg almost six years in various leadership roles with Northro Grumman supporting the company’s state and local business.
Reston-based announcef that Chip Block has joined the company as vice presidenrt ofstrategic development. He will be responsiblse for strategic planning, customer and leading the growth of GITI into newmarket sectors. Prior to joining GITI, Block was director of Defens Advanced Solutions for McDonaldBradley (MBI) / . Before MBI, he was presidentf and chief technology officer forSpearheaxd Innovations. in Herndon announced that Laura W. Thomas has been promotec to chieffinancial officer.
In her role as CFO, Thomasa will lead XO Communications’ financiaol strategy includingall reporting, auditing, taxation and investor relations She will work with the company’s senior executive team to developl and implement the company’s long-term businessd strategy. Thomas brings more than 30 years of experienced in finance and telecommunications to the During the pastnine years, Thomaa served as vice president of finance for XO. Priotr to joining XO, Thomas was the vice presidenr of finance at Concert a joint venturebetween . In this role, she served as actinfg CFO for six months and managed all revenure and telecommunicationsaccounting functions.
She also served as directot of finance at where she directed revenue reportingand analysis, as well as managed investod relations and financial planning across all of MCI’a business units.
Stephanie Williamson has been named directotr of marketing and business development with MatriDesign Cos. in the Matrix Settles officr in Arlington. in D.C. named Brian Judisa senior project manager for itshospitalith practice. Judis brings 15 yearsa of experience managing large hospitality projects to the CORE Most recently associatedwith , where he was the directoer of capital expenditures, Judis implemented capitalo investment projects upwards of $70 millioj annually and was the lead manage for the design and construction of numerous hoteo projects throughout the U.S.
Judisa has worked with a wide rangd of hotelbrands including, but not limitex to, Marriott, Swisshotel, , Hyatt, , and Ritz-Carlton. Recently, he completec the renovation tothe lobby, rotunda bar and restaurangt of the Philadelphia Marriott Downtown. Other recent projects includs the management of the design and constructiomn at the Hyatt Capitol JW Marriott, Key Bridge Four Seasons Philadelphia, and Ritz-Carlton Tysones Corner. Scott Boos , senior policg adviser to Sen. Arlen Specter, D-Pa., has been nameed the new deputy director ofthe . Boos has more than sevem years of legislative and policy experience gained during his tenurein Specter’s office and as stafcf director of the U.S.
Senate Steel In the Senate, Boos focused on a broasd range of issuesincluding manufacturing, trade, climate change, veterans, budget, tax, telecom, housing, financial services and othe business-related issues. As staff director of the bipartisan U.S. Senate Steel Caucus, he worked to promot the health and stability of the domestifsteel industry, as well as the interests of its workforce. The of D.C. namedf Bonnie I. Robin-Vergeer as director of the She is an experienced appellate litigator who comes to Legall Aid after nine yearxs atLitigation Group, where she made threed U.S.
Supreme Court arguments and numerous otherss before appellate courts throughout the countru in cases involving theFirst Amendment, acces to the courts, and consumerf health and safety, amongt other issues. Prior to her position at Publifc Citizen, she worked for then-Sen. Joseph R. Biden Jr. on the reauthorizationm of the Violence Against Women Act in 2000 and was an associate at the law firm of LLP and a teaching fellow at the Law Center Appellate Litigation Clinic. The in Fairfax named Tiffany Singleton tothe organization’x newly created position of director of social entrepreneurship programs.
Singleton will be responsible for overseeinygthe design, development and implementation of UNCF social entrepreneurshi p programs, while engaging stakeholders to develop a multiyear strateggy for introducing a greater numbee of young African Americans to social entrepreneurship — the applicatiom of business management practices and innovation to sociaol reform efforts. In additiob to overseeing the design and implementation of UNCF socialoentrepreneurship programs, Singleton will cultivate and sustaim strategic partnerships and collaborations with leadintg social entrepreneurs and their and organize structured discussions with key ultimately establishing a national advisory committee of social academic, and social venturew philanthropists who can providd ongoing guidance to has promoted Paul McManus to assistant vice president.
who joined the bank in 2006, is a financialp center leader at 1470Rockvilld Pike. Francis P. Nelson has been promoted to administrativ vice presidentat . Nelson joined M&yT in 1992. He is responsibled for leading and managing a retail salesa and operations team for thePrince George’s Countyh region. in Rockville has named David E. Perkins as its new chiedf technology officer. Perkins joins NIHFCU’s newly appointef CEO Juli Anne Callis to lead thecredit union’s renewed focus on technologic innovation and Perkins previsouly worked at .
Over a 13-year career at SECU, with the last five as CIO, accomplishments include the completion of two core implementation of newloan origination, online bankingh and collection systems and the migration of new Cardinal Bank announced the promotione of Andrew J. Peden to senior vice president, Katise L. Golden to vice president and James N. Esteo to assistant vice president. Peden will overseed the relationship management of developers and real estate with a primary focuson acquisition, construction financing and commercial including special use properties such as golf coursese and churches. He began his lending careerf at Cardinal Bank in 2000 as acrediy analyst.
Golden will continue to overses the relationship management of builders and primarily in the areas ofcommercial development, projec t financing, acquisitions and client development. Golden joined Cardinal Bank in 2004 in real estatee administration and currently manage s the lending support unit for the commercialp realestate group. Estep remains dedicated to smallbusinesx lending, SBA guaranteed lending and businesw development. Estep began his financial services career at Cardinak Bank in 2004 inretail C. Fox Communications in Silver Sprinbg named Tina McCormack as senioe publicrelations associate, and Julie Feldman as public relationw associate. in D.C. named David W.
Whitmore as chief operating officer and general Whitmore comes to Levick with more than 25 years of financial andoperational experience. He has spent the lion’s share of his career in the communicationsa industry, working with public relations, public lobbying and advertising firms. Before joining Whitmore was executive vice president ofin D.C. with operational responsibilityh forthe firm’s public affairs, government crisis management, and issues managemenf practice groups. Prior to Racepoint, Whitmore provided communicationzs and management counsel to numerous clients in Dubai andAbu Dhabi.
At , Whitmore variously serverd as executivevice president, chiedf financial officer, chief operating officer and general counsel. announced the hiring of Brian Brobst as vice presidenft of business developmentin Reston. Brobst, a 20-plu year engineering and constructionindustry veteran, will be charged with expanding the firm’sx presence in the high-density power and computingv markets, inclusive of finance, telecommunications, commerciall data centers and government Brobst was previously employed by as critical facilit services principal.
Prior to that, he serveds as principal and Eastern region directotr of business development for nameed Cyndie Shadow as state vice president with oversight of campuse operationsfor D.C., Delaware and Maryland. Shadow currentl serves as campus director forthe D.C. and Delawarde campuses. The university also has a campus locationjin Columbia, Md., and three learnint centers located in Greenbelt, Rockvill and Timonium, Md. Prior to joiningf the D.C. campus as campus directof in 2007, Shadow servecd as director of academic affairs forthe University’w Maryland campus, as well as campues college chair for that .
Her background and experiencre also involves several years as a senio system design associate for InterData of Sanibel, Fla. Sam Ortiz has been namex campus directorat — Northerhn Virginia in Sterling. Engineering consultinv firm hiredMina L. Clark as a new federakl programsproject director. Clark will manags large public sector projectsfor G&O’s growing federal programs division. Clark has 20 yearz of experience in domestic andEuropean projects, and has administerede contracts for the U.S. governmentf and as an industry She has workedin military, government and corporatde engineering environments. The Fairfax at Embassy Row announced thatDavid F.
Bodettde has joined the hotel and its restaurant as assistantgeneral manager. Bodette has been involved with four- and five-stae diamond hotels for more thana decade, including food and beveragde management positions with a numbed of Ritz-Carlton properties across the U.S. In his new role, Bodette will be responsibls for food and beveragw management andrelated day-to-day operations for the Fairfax at Embass Row, The Jockey Club and The Fairfax Lounge. Josephb S. Skoloff joins Nova Medical’s team of expertw in Ashburn to leadthe facility’s pediatric division as the newest member of this integrative medical group.
Board-certified in 1976 and then voluntarily, in 1988, Skoloff has been a pediatriciabn in Loudoun County for more than30 years. Skolof f currently holds positions as assistant clinical professod of pediatrics at the medical schoolsof Georgetown, George Washington and the . He is a past vice chairmann of the department of pediatrics and chairman of the infectiobn control committee atthe . Prior to joining Nova Skoloff, served as chairman of the department of pediatricsxat , Robbins AFB, achieved the rank of and entered a two-year pediatric cardiology fellowship at the Children’s .
WellNet Healthcare, a health care technology company in announced the appointment of Chris Kaisert as sales executive forthe mid-Atlantic territory and Jay Thompson as salezs executive for the Northeast territory. Kaiser and Thompsohn will be responsible for selling software to companies that provided and pay for employeehealthb benefits. Prior to joining WellNet, Kaiser spent time in a territory saless role withVocus Inc. Previously, he was with the in Thompson most recently worked for the Corporate Executive Board as aresearchy consultant. Vedder Price PC announced thatAjay A. Jagtiani , Mark J, Guttagb and David J.
Lanzotti will join the firm’sx intellectual property practicein D.C. Jagtiani has nearlh 20 years of experience in all phasesw ofpatent prosecution, including patentability, validity and infringement procurement of domestic and foreign patents, client counseling, licensing and use agreement preparation and negotiation, and the protection and valuationj of intellectual property in mergersx and acquisitions. Guttag will become of counselo to the firm and Lanzottji will be an associate inthe Jagtiani, Guttag and Lanzottij are registered to practic with the . Prior to joining Vedded Price, they were with the law firm in Fairfax.
announcedc a change in leadership inthe firm’s Alexandria office. Intellectual property shareholder Robert G. Mukai has been named office head. Mukao takes the place of fellow intellectual property shareholderWilliam C. who was recently elected to servd onthe firm’s advisory committee and, therefore, has stepped down from head of the Mukai formerly served on the Advisory Committee; however, his term recentl expired.
Mukai focuses his practice on polymer chemistry includingbiodegradabler polymers, synthetic fibers, petroleum chemistry, healthn care technology, photographic and lithographic chemistry, solvent-based and solvent-lessa coating compositions, metallurgy and inorganivc chemistry. Michael A. Bell , Laura E. Jordan and Alfrer L. Scanlan Jr. joined ’s business law and generaol litigation groupsin D.C. as directors. announced that J. Page Scullyu has joined the firmin D.C. as an associate in its statwe and localtax group. Page’s addition expandes Sutherland’s fast-growing State Tax Practice to 20 attorneywdedicated full-time to advising clients on states and local tax matters.
A former associate with LLP in Scully has experience incombined reporting, allocation and apportionment, realty transfer tax, Internegt and e-commerce matters, unclaimed property and federal and state constitutionak issues. announced that Daniel E. Cooper has joined the firm’z energy practice in the D.C. Cooper is a non-lawye consulting engineer in the firm’s energy practice group. He is a registered professional engineer focusing his consulting work on electricutility matters, includingf economic and feasibility analysis, oversight of electric generating resource operationsa and development, power supply and transmissio n contracts, oversight of bulk powedr operations, compliance with environmental regulationse and reliability standards, and review and oversight of transmission and bulk electric powed contracts.
Cooper joined the firm after servinfg with the Michigan Public Power Agency for more than 16 Prior to joining Michigan PublicPower Agency, Dan worked for 12 yeare for the firm of R. W. LLP announced that Valyncia R. Simmons has joinex the firm’s D.C. office as an associatd in its trial Simmons’ practice focuses on trademark enforcement and as well as matters relatinhg to unfair competition andcopyrighted material.
In addition to Simmons maintains trademark portfolios comprised of both foreigmn and domestic trademarkprosecution matters; handles opposition and cancellatioh proceedings before the ; acquires domain names throughy implementation of the Uniform Domain-Nams Dispute-Resolution Policy; and analyzes trademark search reports and provides clearancwe opinions. Leslie Nicholson , immediate past general counsel ofthe , joinede Pillsbury Winthrop Shaw Pittman LLP as senioe counsel in the firm’s litigation practice. It is a homecoming for who was one of the firsr three associates at Pillsbury predecessor firm Shaw Pittman when he began in private practicein 1968.
He spent 28 yearxs at the firm, six as leadefr of its litigation practice. Aftere earning his J.D. from of Law in 1965, Nicholson joines the U.S. Department of Justice as a member of theAttorney General’s Honors Program, where he worked under two assistant attorneys general for the civilk division before joining Shaw During his nearly threse decades with the firm, he personallhy handled cases in 37 states, involvinf bankruptcy, securities, ERISA, construction claims, complex commercial and real estatr disputes, environmental compliance, aircraft sales and leases, classz actions and employment law issues.
In 1996, Nicholson was namec executive vice president and general counseplto , where he created and managed the legall department of the $12 billion financial led government relations efforts at the federapl and state level, and supervised and administered multiplew other bank functions. A compliance program developesd under his leadership was used as a model of excellence by the Office of Thrift In 2002, Nicholson co-founded investment fund Kenwood LLC, where he was Presidenf and CEO until retunintg to public service at the GSA in 2008. Seyfartbh Shaw LLP announced thatMinh N. Vu has joined the firm’sz D.C. office as a partner in the labor andemploymeny department.
She was previously a partner at , wherer she served as co-chair of the firm’s disability law group. Vu is an experienced litigator with special expertisee in handling disability discrimination lawsuits brought undet the Americans with DisabilitieseAct (ADA) and other civil rights Since returning to the privates sector, Vu has defendedx employers and public accommodations in a varietyh of complex disability and employmentg law matters. Vu also devotes a substantial portiojn of her practice to employmen t law litigationand counseling. She has defended employers against lawsuits and government investigations broughttunder anti-discrimination laws such as Title VII, the D.C.
Humajn Rights Act, and the LLP announced that former U.S. Trader Representative General CounselWarren H. Maruyama has rejoinerd the firm as a partneer inthe D.C. office. He will resume his practicde in the international trade law and policy group ofthe firm. As USTR General Counsel, Maruyamaq oversaw World Trade Organization and Free Trade Agreement worked with congressional leaders and other executive brancj agencies ontrade legislation, U.S. FTA and the WTO Doha Round. Maruyama playede a key role in negotiatingthe “May 10 Bipartisan Agreement” between the Bush administration and Democratic congressiona l leadership to address the labod and environmental provisions of U.S.
FTAs. Roge r E. Smith has joined LLP as a partner in the energy and public utilities groupo inthe D.C. office from Troutman Sanderzs LLP where he wasa partner. Smith concentratea his practice in energy litigationand transactions. He represent s investor-owned utilities, independent system operators and regionaltransmissionb organizations, electric distribution companies and power marketers. Kevinb Spurlock has joined Penzance, wherse he will manage construction, and development for Penzance-owned projects as well as for tenantzand third-party groups.
Spurlock comes to Penzance from , wherse he was senior vice president for In his 30 yearsz on the job he has workec in senior positions for many of the major players in the metro including , , and . His project experiencwe includes the training facilityin Arlington, renovation of 1310 N. Court House, Cox Communications Regional Headquartersin Herndon, Dulless Town Center Regional Mall, 1750 Tysons Boulevard in and the in North Bethesda, to name a few. Jefforgy Groves has joined EDGE Commercial’s landlord and tenant advisor y practicefor Maryland.
Groves has seven years of Gates Hudson announced that Joe Schechtekl has joined the company as senior vice presiden of itscommercial division. He will be responsible for a team of professionalsx providingasset management, property managemenrt and leasing services to the company’s 3.7 milliomn square foot commercial real estate portfolio in the Washingtojn area. Schechtel brings with him more than 20 yeard of commercial real estate including the last 14 yearswith , where he was directof of client solutions and responsible for the firm’s third-party propertt management, facility management and projec management services throughout the Washingtomn and Baltimore areas.
Dave Jones joined wife Pam Loudoun-based marketing team at as comprehensive buyer rep in in Reston appointed Georged PeachTaylor Jr. , vice president and chief medical officer, and Amy King , vice presidenty of health information technology programs forthe company’s information systems sector. As vice presidenft and chief medical officer, Taylor will provide strategic direction forNorthrop Grumman’s homeland security, biomedical sciences and huma n system integration business.
Previously, Taylor was vice president of Health IT Taylor joined Northrop Grumman in 2008 from the Washingtonb federal practiceof , where he was a seniore managing director following his 2006 retirement as a lieutenant general and surgeon general of the U.S. Air As vice president of healthIT programs, King will overse Northrop Grumman’s overall health business, which provides mission-critical enterprisewide health applications, interoperable architecture, and large-scale systems integratioh and engineering to leading health Previously, she was director of .
King has more than 25 yeares of experience with civilian and defense agencies inthe management, analysis, development and implementation of large-scale automated financial, healtn and related administrative information systemse using mainframe and Web-based technology. Priorr to joining Northrop Grummanin 2006, she was vice presidengt of the Public Sector Health Account Groupl at . Northrop Grumman Corp. in Reston also named Cherylo L.
Janey vice presiden t of operations for the informatiomnsystems sector’s civil systems Janey will oversee the division’s financial growth and operational objectivesa within the federal-civil, and state and local She will also lead civilo system’s integrated planning process, leadingg and managing special projectsa and initiatives. Janey has nearly 30 yearxs of experience in the informationtechnology industry. Most she was president of civil programsfor , supportinfg the technology needs of federal Prior to joining Harris, she spentg almost six years in various leadership roles with Northro Grumman supporting the company’s state and local business.
Reston-based announcef that Chip Block has joined the company as vice presidenrt ofstrategic development. He will be responsiblse for strategic planning, customer and leading the growth of GITI into newmarket sectors. Prior to joining GITI, Block was director of Defens Advanced Solutions for McDonaldBradley (MBI) / . Before MBI, he was presidentf and chief technology officer forSpearheaxd Innovations. in Herndon announced that Laura W. Thomas has been promotec to chieffinancial officer.
In her role as CFO, Thomasa will lead XO Communications’ financiaol strategy includingall reporting, auditing, taxation and investor relations She will work with the company’s senior executive team to developl and implement the company’s long-term businessd strategy. Thomas brings more than 30 years of experienced in finance and telecommunications to the During the pastnine years, Thomaa served as vice president of finance for XO. Priotr to joining XO, Thomas was the vice presidenr of finance at Concert a joint venturebetween . In this role, she served as actinfg CFO for six months and managed all revenure and telecommunicationsaccounting functions.
She also served as directot of finance at where she directed revenue reportingand analysis, as well as managed investod relations and financial planning across all of MCI’a business units.
Sunday, February 20, 2011
J.G. Wentworth bankruptcy plan OK
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As part of the deal, J.G. Wentworth’sz parent, private equity firm of New willinvest $100 million of new equity to support ongoingb operations. It will also provide as much as $35 millionj for the company to buy loan s from lenders in exchange for new preferres interests inthe company. The Bryn Mawr, Pa.-based companh sought acceptance of its plan from its lenders before what is callee aprepackaged filing. More than 90 percent of the termlenderes approved, the company said. J.G.
Wentworth said its decision to file for Chapterr 11 came after an extensivwe review of alternatives to address pressuresfrom “extremelg challenging capital markets and high borrowiny costs”, and was unanimously approved by the company’z board of directors. In December, J.G. Wentworth laid off 120 of its 200 employeea and closed its Las Vegas Foundedin 1991, it movede from Philadelphia to Bryn Mawr in 2003.
As part of the deal, J.G. Wentworth’sz parent, private equity firm of New willinvest $100 million of new equity to support ongoingb operations. It will also provide as much as $35 millionj for the company to buy loan s from lenders in exchange for new preferres interests inthe company. The Bryn Mawr, Pa.-based companh sought acceptance of its plan from its lenders before what is callee aprepackaged filing. More than 90 percent of the termlenderes approved, the company said. J.G.
Wentworth said its decision to file for Chapterr 11 came after an extensivwe review of alternatives to address pressuresfrom “extremelg challenging capital markets and high borrowiny costs”, and was unanimously approved by the company’z board of directors. In December, J.G. Wentworth laid off 120 of its 200 employeea and closed its Las Vegas Foundedin 1991, it movede from Philadelphia to Bryn Mawr in 2003.
Friday, February 18, 2011
Dan Snyder stays at Six Flags under reorganization - Tampa Bay Business Journal:
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Six Flags is also seekintg a $600 million secured by its assets, and $150 million in a new revolvinfcredit line. The company’s executive retentio plan would keep Snyder as board memberrand chairman. Mark Shapiro, currently chief executive, as well as chiegf financial officer Jeffrey Speed and severalo other top management would also stay on in executive Six Flags, which announce d its Chapter 11 bankruptcu filing over the weekend, listed $2.4 billion in debt and $3 billiojn in assets. It hopesa to cut debt by $1.8 billion and wipe out more than $300 millioh in preferred stock.
Snyder and his managemen team, who took control of the theme park operatotr three and a halfyear ago, have not been able to returjn the company to profitability, despit e increasing attendance and selling several parks to raisse capital last year. The company reporte a $146 million first quarter loss. Six Flags has said its reorganizatiohn will not affect park operations and its vendors and employees will continue to be Six Flags 20 theme parkss includein Largo.
Six Flags is also seekintg a $600 million secured by its assets, and $150 million in a new revolvinfcredit line. The company’s executive retentio plan would keep Snyder as board memberrand chairman. Mark Shapiro, currently chief executive, as well as chiegf financial officer Jeffrey Speed and severalo other top management would also stay on in executive Six Flags, which announce d its Chapter 11 bankruptcu filing over the weekend, listed $2.4 billion in debt and $3 billiojn in assets. It hopesa to cut debt by $1.8 billion and wipe out more than $300 millioh in preferred stock.
Snyder and his managemen team, who took control of the theme park operatotr three and a halfyear ago, have not been able to returjn the company to profitability, despit e increasing attendance and selling several parks to raisse capital last year. The company reporte a $146 million first quarter loss. Six Flags has said its reorganizatiohn will not affect park operations and its vendors and employees will continue to be Six Flags 20 theme parkss includein Largo.
Tuesday, February 15, 2011
Power co-op looks to grow 'green' power - Silicon Valley / San Jose Business Journal:
http://www.squidoo.com/how-to-paint-a-ceiling
William Berg, Dairyland president and CEO, said the co-opp is also spending $400 million in in environmentaol control equipmentat coal-fired power plants and promoting energy conservation, includingt a program in which it gives away energy-efficient compact fluorescenf light bulbs. Dairyland is lookingv to investin 'green' technologies and expanxd its electricity generation from various renewable energy including wind, landfill gas, animal wastwe and hydroelectric power. Dairyland reported that its earnings for 2008 declinecto $11.3 million, compared with $14.3 million in 2007.
Managemen noted that fuel to operatee Dairyland’s generating facilities, primarily coal, continues to be Dairyland’s largesyt annual expense. The rising costsx contributed to anaverage 9.8 percent increase in wholesale rates in 2008. Total operating revenuee for 2008 increasedto $373.8 million, up 14 percent compareds with $328.5 million in 2007. Electric sales also increasec in 2008, with total sales up 8 Dairyland Power provides wholesalew electricity to 25 member distribution cooperativesw and 16municipal utilities.
William Berg, Dairyland president and CEO, said the co-opp is also spending $400 million in in environmentaol control equipmentat coal-fired power plants and promoting energy conservation, includingt a program in which it gives away energy-efficient compact fluorescenf light bulbs. Dairyland is lookingv to investin 'green' technologies and expanxd its electricity generation from various renewable energy including wind, landfill gas, animal wastwe and hydroelectric power. Dairyland reported that its earnings for 2008 declinecto $11.3 million, compared with $14.3 million in 2007.
Managemen noted that fuel to operatee Dairyland’s generating facilities, primarily coal, continues to be Dairyland’s largesyt annual expense. The rising costsx contributed to anaverage 9.8 percent increase in wholesale rates in 2008. Total operating revenuee for 2008 increasedto $373.8 million, up 14 percent compareds with $328.5 million in 2007. Electric sales also increasec in 2008, with total sales up 8 Dairyland Power provides wholesalew electricity to 25 member distribution cooperativesw and 16municipal utilities.
Sunday, February 13, 2011
CEO departures up 47 percent in May - Nashville Business Journal:
stolen-surrounding.blogspot.com
Overall, the pace of CEO turnover is down from according tothe report. In the first five months of 2009 employerws announced 502CEO changes, 16 percentr fewer than at the same point in 2008. The financia sector had the highest turnover ratein May, accounting for 15 of the 115 CEO The sector has seen 50 CEOs depart so far this according to the report. However, that number is down from the 64 financia l CEO departures during the firsg five monthsof 2008. The highest turnove r rate so far this year has been in the health care which has seen 77CEOs depart, including 14 in May, accordin g to the report.
For the first five months of the the figure is down 29 percent from the same perio last year when 109 health care CEOs left Resignation was the most common reason for leavingin May. Nearlgy three-quarters of the CEO changes occurred atprivatde firms, according to the report. “It has been difficult to pinpoint a trend inthis year’ds turnover figures,” John Challenger, chief executivse officer of Challenger, Gray Christmas, said in a statement. “One montj is up; the next is Challenger said that uncertainty surroundinh the recession may be the biggest factord in CEO departures as companies are findinfg it difficult to plan forthe future.
Overall, the pace of CEO turnover is down from according tothe report. In the first five months of 2009 employerws announced 502CEO changes, 16 percentr fewer than at the same point in 2008. The financia sector had the highest turnover ratein May, accounting for 15 of the 115 CEO The sector has seen 50 CEOs depart so far this according to the report. However, that number is down from the 64 financia l CEO departures during the firsg five monthsof 2008. The highest turnove r rate so far this year has been in the health care which has seen 77CEOs depart, including 14 in May, accordin g to the report.
For the first five months of the the figure is down 29 percent from the same perio last year when 109 health care CEOs left Resignation was the most common reason for leavingin May. Nearlgy three-quarters of the CEO changes occurred atprivatde firms, according to the report. “It has been difficult to pinpoint a trend inthis year’ds turnover figures,” John Challenger, chief executivse officer of Challenger, Gray Christmas, said in a statement. “One montj is up; the next is Challenger said that uncertainty surroundinh the recession may be the biggest factord in CEO departures as companies are findinfg it difficult to plan forthe future.
Thursday, February 10, 2011
Great Plains revenue would rise $63M in rate case - Kansas City Business Journal:
http://kiwinz.biz/index.php?main_page=tell_a_friend&products_id=139
The agreement stipulates that $48 million would go to Great Plains (NYSE: GXP) unit KCP&L Greater Missouriu Operations Co.’s territory, which includes Sedalia, and that $15 million woulfd go to the territor y thatincludes St. Joseph, Great Plains spokeswoman Katie McDonalxsaid Wednesday. The agreement is subject to finalo approval bythe PSC. The other partiesd involved in the agreement are the PSC the Office of thePubli Counsel, the and Dogwood Energy LLC, Greatt Plains Energy said in a Wednesday filing with the Securitiea and Exchange Commission.
This agreement is separatse from an agreement in principle that Great Plains unit d to settles its pending Missouri rate with terms that would increase annualo revenue byabout $95 milliom instead of $101.5 million. Great Plains Energy ranks No. 5 on the Kansaw City Business Journal ’s list of area public companies.
The agreement stipulates that $48 million would go to Great Plains (NYSE: GXP) unit KCP&L Greater Missouriu Operations Co.’s territory, which includes Sedalia, and that $15 million woulfd go to the territor y thatincludes St. Joseph, Great Plains spokeswoman Katie McDonalxsaid Wednesday. The agreement is subject to finalo approval bythe PSC. The other partiesd involved in the agreement are the PSC the Office of thePubli Counsel, the and Dogwood Energy LLC, Greatt Plains Energy said in a Wednesday filing with the Securitiea and Exchange Commission.
This agreement is separatse from an agreement in principle that Great Plains unit d to settles its pending Missouri rate with terms that would increase annualo revenue byabout $95 milliom instead of $101.5 million. Great Plains Energy ranks No. 5 on the Kansaw City Business Journal ’s list of area public companies.
Tuesday, February 8, 2011
Many potential GOP presidential contenders taking a wait-and-see approach - MiamiHerald.com
tarpleypymibujuh1491.blogspot.com
Boston Herald (blog) | Many potential GOP presidential contenders taking a wait-and-see approach MiamiHerald.com That's the question facing a horde of Republicans who are weighing whether to seek their party's 2012 presidential nomination and the chance to take on ... Palin Pales in Presidential Betting McCain Says He Will Not Back Any GOP Presidential Candidates for 2012รข€¦ Health Reform: Mitt Romney's presidential malady? |
Saturday, February 5, 2011
Equity Transwestern broker already racking up awards at 31 - Atlanta Business Chronicle:
gardellaorymiid1354.blogspot.com
Luckily, Equity Transwestern in Minneapolis has founda “risingg star” in broker Mike The ( ) recently awarded him for being just a person who’s brought new energy and success to the industry in under five years. At 31, Hons is still relatively new to the commercial realestate game. He joined Equity in 2004 as a salesd and leasing associate and now holds the title ofseniorr associate. But his colleagues agree that he’s been invaluablr to not just the but to the entire TwinCities “The big thing is he’w a young leader,” said Brucer Carland, director of leasing at Minneapolis-basexd and MNCAR’s 2008 president.
“Fotr being a newer broker, he has an outstanding understandinbg of the business andhis clients’ needs.” Honsa has represented clientes such as Minnetonka-based and Mineapolis-based , and workex on transactions totaling more than 2 million square feet duringf his time at Equity. He says he know s to expect something differenrt every time he entershis office. “Ifc anyone tells you it’s a typical day, they’xd be lying,” Honsa said.
“You have to over-perform, over-servee and stay ahead of the Staying ahead of the curve mean s knowing the latest trends in the market befor eclients do, working with multiple transactionas at the same time and, perhapas most importantly, making sure you folloew through on a deal, Honsa said. With the currenrt economic realities, these points are all the more “Sales and leasing markets are sliding,” he “There’s not a ton of opportunityy right now inthis market, but when there is, you have to differentiatw yourself and separate yourself from the other This means providing clients alternative opportunitiesa on a deal, such as havin g a company purchase bank notes insteas of buying a full But none of this works without good broker-clieny communication.
“He treats people the way they should be regardless ofthe situation,” said Mike principal of Equity and one of its “He’s just made a very big impact in this businese in a short time.” Salmen, who has worked with Honsa ever since the latter joinexd Equity, attests that the young brokefr has helped bring in new clients on top of keeping in constany communication with the established ones. “Few people [his age] have done as much as he has Salmen said. “He’s helped us builde a solid team.” The MNCAR award isn’t Honsa’s first time being recognizes as valuable tohis industry. Bethesda, Md.
-based namede him a Power Brokerin 2007. Honsa’s success in working with clientsz may come from his previous job with 3M Championshipin Blaine, wherse he worked from 2000 to 2004 in sales and marketin for the annual charity fundraiser. He’s kept charityg near the top of his plate by volunteering as a boarxd member forthe ’s annualp Golf Classic “fore” Diabetes. Honsa also spends much of his free time stayinbg active with hisalma mater, St. Paul’ Cretin-Derham Hall High School, as a varsity baseball assistan t coach and a member of itsalumnii board.
Senior associate, Equity Transwestern Age: Year started with Education: Bachelor of science in economics andbusiness administration, University of St. Thomas, 2000 Family: Sarah; son, Joe Hobbies: Likes to fish, golf and coach basebalp at Cretin-Derham Hall High School
Luckily, Equity Transwestern in Minneapolis has founda “risingg star” in broker Mike The ( ) recently awarded him for being just a person who’s brought new energy and success to the industry in under five years. At 31, Hons is still relatively new to the commercial realestate game. He joined Equity in 2004 as a salesd and leasing associate and now holds the title ofseniorr associate. But his colleagues agree that he’s been invaluablr to not just the but to the entire TwinCities “The big thing is he’w a young leader,” said Brucer Carland, director of leasing at Minneapolis-basexd and MNCAR’s 2008 president.
“Fotr being a newer broker, he has an outstanding understandinbg of the business andhis clients’ needs.” Honsa has represented clientes such as Minnetonka-based and Mineapolis-based , and workex on transactions totaling more than 2 million square feet duringf his time at Equity. He says he know s to expect something differenrt every time he entershis office. “Ifc anyone tells you it’s a typical day, they’xd be lying,” Honsa said.
“You have to over-perform, over-servee and stay ahead of the Staying ahead of the curve mean s knowing the latest trends in the market befor eclients do, working with multiple transactionas at the same time and, perhapas most importantly, making sure you folloew through on a deal, Honsa said. With the currenrt economic realities, these points are all the more “Sales and leasing markets are sliding,” he “There’s not a ton of opportunityy right now inthis market, but when there is, you have to differentiatw yourself and separate yourself from the other This means providing clients alternative opportunitiesa on a deal, such as havin g a company purchase bank notes insteas of buying a full But none of this works without good broker-clieny communication.
“He treats people the way they should be regardless ofthe situation,” said Mike principal of Equity and one of its “He’s just made a very big impact in this businese in a short time.” Salmen, who has worked with Honsa ever since the latter joinexd Equity, attests that the young brokefr has helped bring in new clients on top of keeping in constany communication with the established ones. “Few people [his age] have done as much as he has Salmen said. “He’s helped us builde a solid team.” The MNCAR award isn’t Honsa’s first time being recognizes as valuable tohis industry. Bethesda, Md.
-based namede him a Power Brokerin 2007. Honsa’s success in working with clientsz may come from his previous job with 3M Championshipin Blaine, wherse he worked from 2000 to 2004 in sales and marketin for the annual charity fundraiser. He’s kept charityg near the top of his plate by volunteering as a boarxd member forthe ’s annualp Golf Classic “fore” Diabetes. Honsa also spends much of his free time stayinbg active with hisalma mater, St. Paul’ Cretin-Derham Hall High School, as a varsity baseball assistan t coach and a member of itsalumnii board.
Senior associate, Equity Transwestern Age: Year started with Education: Bachelor of science in economics andbusiness administration, University of St. Thomas, 2000 Family: Sarah; son, Joe Hobbies: Likes to fish, golf and coach basebalp at Cretin-Derham Hall High School
Thursday, February 3, 2011
Human Capital: People on the move, June 2 - The Business Journal of Milwaukee:
http://nsdapmuseum.com/museum/cd.html
Goodwin Procter's Budd elected vice chairman of AAA nationao board WayneBudd , senior counsekl with the Boston law firm of and a membet of the board of directord of , was elected vice chairmamn of AAA’s national board of directors. Turbins taps Paradowski as CFO , a Westwood-based online gaming technologyh company, appointed M. Beau Paradowski chiev financial officer. Clough to run Leerink Swann's MEDACorp division Health care investment bank Leerink Swann of Boston appointed Brentg Clough senior managing director and head of its MEDACorp division. Prior to joining Leerink Swann, Clough was president and CEO of IntrinsiQLLC , an oncology softwar and data analytics firm.
promotes Stys as VP of marketingg andbusiness dev. Shawmut Design and Construction in Boston promoter BrianStys , a 16-year veteraj of the firm, to the newly-created role of vice presidenrt of marketing and business development. The Protectorr Group Insurance Agency adds Mullery as director of compliances and wellness of Worcester added Laurqa Ann Mullery as director of compliance and Mullery previously served as assistanf vice president at in Boston and vice presidentt of major accounts at Thorbahn Associatesin
Goodwin Procter's Budd elected vice chairman of AAA nationao board WayneBudd , senior counsekl with the Boston law firm of and a membet of the board of directord of , was elected vice chairmamn of AAA’s national board of directors. Turbins taps Paradowski as CFO , a Westwood-based online gaming technologyh company, appointed M. Beau Paradowski chiev financial officer. Clough to run Leerink Swann's MEDACorp division Health care investment bank Leerink Swann of Boston appointed Brentg Clough senior managing director and head of its MEDACorp division. Prior to joining Leerink Swann, Clough was president and CEO of IntrinsiQLLC , an oncology softwar and data analytics firm.
promotes Stys as VP of marketingg andbusiness dev. Shawmut Design and Construction in Boston promoter BrianStys , a 16-year veteraj of the firm, to the newly-created role of vice presidenrt of marketing and business development. The Protectorr Group Insurance Agency adds Mullery as director of compliances and wellness of Worcester added Laurqa Ann Mullery as director of compliance and Mullery previously served as assistanf vice president at in Boston and vice presidentt of major accounts at Thorbahn Associatesin
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