Business Management People on the Move
Kempner to Depart MBA, Courson to be Named New COO
July 23, 2008

Jonathan Kempner will be stepping down from his role as president and chief executive officer of the Mortgage Bankers Association on December 31.  Kempner joined the company in March 2001 to lead the firm through a turnaround in its operations. Under his leadership, the association doubled its revenues and operating reserve fund.

In a release Kempner said "This has been an extremely intellectually stimulating and rewarding period in my professional life.  Navigating the highs and lows of the real estate cycles, with a first rate leadership and wonderful membership, afforded me a rare opportunity to contribute to one of the most important industries in our society.  I am very proud of the extraordinary staff I have helped assemble at MBA, as my colleagues' dedication, intelligence and expertise make a true difference in the overall quality of life for many Americans.  MBA's mission, I am convinced, will be enhanced with new leadership, and on a personal level, I very much look forward to a new position of leadership myself after nearly 8 wonderful years at MBA."
Addition


Additionally, John A. Courson  will be named Chief Operating Officer of the Mortgage Bankers Association  during the transition period, effective August 1.  Courson will become President of MBA on January 1, 2009.  


 
Recent People on the Move Headlines
Jerry Fults Fults to Start New Firm in Dallas
Despite a flat Dallas real estate market, Tracy Fults took a leap of faith in the creation of his new real estate firm of Fults Commercial, following in the footsteps of his late father and one-time mentor Jerry Fults
McNally Joins Colliers Meredith as Associate
Dana McNally has joined Colliers Meredith & Grew as an associate in the Boston Brokerage Group, focusing on the Boston office market where he is responsible for the generation of new business, leasing, financial analysis, lease negotiations, client presentations and market research.
NYC Real Estate Whiz Busted
Manhattan District Attorney Robert Morgenthau has brought down NYC real-estate investor Adam Hochfelder, according to news reports. The DA arrested and charge Hochfelder with allegedly bilking associates and banks out of more than $17 million.  The most serious charge, grand larceny, for lying on and forging various documents, could earn him a whopping return--25 years in jail. The 37-year-old was chairman & CEO of Max Capital Management Corp.
Perkins+Will Hires Two
Perkins+Will announced that Mark Griffith has joined the practice as the local leader of the corporate, commercial and civic market sector.
Host Hotels, RECO Hotels Hires Meyer as Managing Director
Host Hotels & Resorts Inc. and RECO Hotels JV Private Limited said today that Peter Meyer has been appointed the managing director of the companies' Asian joint venture. Meyer will be based in Singapore.