The market is getting a bit better for new transactions and lending is finally on the map again. Feels like we’ve been in this fog forever. BUT times, they-are-a-changing. Gillian Executive Search understands our clients and we know that right now transaction volume and forward motion is happening but it hasn’t reached the “tipping point” that spurs hiring. Part of this is because of the cost in hiring new talent. It’s hard to spend money when after 3 years you’ve just started making a profit again. We get that. So in order to help our clients in their hiring concerns we are offering ( from now through the end of March) a very special hiring promotion on our standard fee (does not include existing contracts). Call to find out more!
We feel this might relieve some of the burden off our client companies and also help us get some of our vast talent pool back to work. In order to move forward we all have to get in and row! So give us a call but don’t wait because when the market picks back up this special will be long gone!
Candidates, here is some positive news about the real estate market.
1. Finance Companies have returned to real estate attempting to raise capital to form new lending platforms
2. Private Equity and Hedge funds are picking up the slack for Banks and are providing financing
3. Prudential Mortgage Executive states “we are clearly past the bottom…there is more lending and capital in the market right now and a growing appetite for real estate debt”
4. Acquisition activity is way up in Multifamily and Hospitality with Retail and Industrial following
5. Most clients see a need to hire in the next 3-4 months
Looking forward: The market will be ripe in a couple of months for new acquisition personnel, analysts and real estate accounting finance. Multifamily companies are considering new developments while land prices are down. For our construction pool look for opportunities in Cap-x and renovation to pick up and gear those resumes to reflect any experience you have in that arena.
From Kipp’s desk:
It has been one heck of a long road since early 2008 but we can actually see the light this time, and it’s not a freight train heading our way. This time it’s actual recovery. The green shoots of employment won’t be completely evident until halfway through the year. Clients are busy right now just making sure they land deals and complete current transactions. Make no doubt about it, transaction is up and lending institutions are finally bullish on real estate. We are ALMOST at the end of this bumpy ride.
Oh yes, don’t forget to “link” to us on LINKEDIN.com and “friend us” on FACEBOOK.COM (just added our Facebook page. See our Icons to the left). What ever happened to just picking up the phone and calling someone?
Call me any time,
Kipp Gillian – President
Gillian Executive Search, Inc.
866-600-0437 x 1
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