Business Management People on the Move
Billion-Dollar Sales Team Moves Up at Flamingo South Beach
May 13, 2008

Miami-area real estate hotshots Eddy Martinez and Roland Ortiz, who recently established full-service real estate brokerage firm Worldwide Development Services, have been promoted to sales directors at the Flamingo South Beach condominium property. The Flamingo had been home to the Morton Towers apartment complex just a couple of years ago, and when work got underway on the redevelopment of the property, it was the largest condominium conversion undertaking in the country at that time, according to developer MCZ/Centrum. The complex features 1,688 residences on a 16.5-acre site along Biscayne Bay. Martinez and Ortiz previously held the respective positions of residential and pre-construction specialist, and pre-construction specialist agent with Majestic Properties before coming aboard the Flamingo team. Together, the two have sold nearly $1 billion in real estate over the last three years.

 
Recent People on the Move Headlines
Brandywine Realty Promotes DeVuono to EVP, Senior Managing Director, Pennsylvania Region
July 03, 2008
Brandywine Realty Trust promoted Jeff DeVuono to the position of executive vice president and senior managing director of Pennsylvania region.
Thompson National Hires Howard as CFO
July 03, 2008
Thompson National Properties L.L.C. said today that Johnna Howard has joined the company as chief financial officer.
Phillips Development Hires Jones as Site Acquisition Associate, Taps Peek as Corporate Leasing Director
July 02, 2008
Phillips Development & Realty L.L.C. hired Kolby Jones as a site acquisition associate and Cyndie Peek as a corporate leasing director, the company said today.
Telkonet Appoints Sobieski as COO
July 02, 2008
Telkonet Inc. has appointed Jeff Sobieski as chief operating officer. Formerly executive vice president of Energy Management, Sobieski has been with Telkonet since March 2007 and is taking over as COO following Dottie Cleal's resignation in May.
Starwood Land Ventures Adds West Region President to Oversee Expansion
July 01, 2008
Starwood Land Ventures L.L.C. continues to expand its nationwide presence with the addition of West region president, Michael Forsum.
 

 

$8.9B Penn Gaming Merger Crumbles
July 03, 2008
By Barbra Murray, Contributing Editor After spending the last few months attaining all the requisite approvals from various gaming commissions and boards, Penn National Gaming has put the kibosh on its proposed $8.9 billion merger with PNG Acquisition Company Inc.,...

Colonial Properties Trust Sells 5 Apartment Communities for $82M
July 03, 2008
By Gail Kalinoski, Contributing Editor Colonial Properties Trust, a multi-family-focused REIT, is continuing its plan to dispose of older assets by selling five apartment communities in two transactions for a total of $81.8 million. The buyer or buyers were not...

H&R Sells 11 in Canada
July 03, 2008
By Thomas Peretti, Contributing Correspondent -- H&R Real Estate Investment Trust has announced the completion of the sale of eleven retail properties. The firm netted approximately $72 million from the transaction. The company expects approximately a $9 million return on...

LA Developer Partners with Vegas Officials for Museum, Hotel Redevelopment
July 03, 2008
By Tonie Auer, Southwest Correspondent -- Less than a year after entering the Las Vegas market with the acquisition of the Lady Luck Hotel and Casino, Los Angeles-based CIM Group won a deal with the city to develop land adjacent...

Lightstone Acquires Interests in 20 Outlet Centers in $456M Deal
July 02, 2008
By Barbra Murray, Contributing Editor Lightstone Value Plus REIT will soon have a stake in 20 factory outlet centers, now that it has signed on purchase from 22.54 to 25 percent interests in the properties from affiliates of Arbor Mortgage...

How to K.I.S.S Problems Goodbye
June 27, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Keep It Simple Stupid. One of the most effective ways to order your world is to simplify everything you encounter. The problem is that keeping it simple often becomes very difficult when our...

Does Appearance Matter?
June 20, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --So, do appearances really matter? They shouldn't, but the reality is that they most certainly do. As the old saying goes, "you only get one chance to make a first impression," and often...

Recognizing the Need for Change
June 13, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Since the title of today's column is "Recognizing the Need for Change," I'm going to switch things up a bit and ask you to answer a question posed by me. I first warned...

How to Reduce Employee Turnover
June 06, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Few things in business are as costly and disruptive as unknowingly having the proverbial revolving door for employees to exit from. While there are many secondary and tertiary items that can influence an...

How To Delegate for Success
May 30, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --If you desire to become a top CEO it will be essential for you to master the art of leveraging down. Think of any top performing CEO and you'll find that to the...