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Continued Optimism Among California Developers

Leave a Comment / Blog, Industry Insights

“The 2016 Winter/Spring Allen Matkins/UCLA Anderson Forecast Commercial Real Estate Survey signals continued confidence among developers through 2018–indicating both the probability of new supply and of opportunities for new investment. The biannual survey projects a three-year-ahead outlook for California’s commercial real estate industry and forecasts potential opportunities and challenges affecting office, multi-family, retail and industrial sectors.”

The Survey, taken by California’s commercial real estate industry leaders in December 2015, indicates a favorable commercial construction outlook. “The favorable outlook is supported by job and income growth on the demand side and a lack of sufficient building on the supply side.” The results of the surveyed panelists signal a continuation of the growth of non-residential construction at or above previous peak levels.

Survey higlights include:

  • Office Development Sentiment Positive with Southern California in Spotlight
  • Ecommerce Has Unlikely Impact on Retail Development
  • Multi-family Construction to Hit 25-year High
  • Industrial Sector Grounded by Strong Fundamentals
Commercial Real Estate Market Analysis

View the full survey here: http://www.allenmatkins.com/ucla

Published on January 27, 2016

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Attracting, Engaging, and Retaining Millennial Talent

Leave a Comment / Blog, Employers

This month, Building Careers had the privilege of participating in the annual NAIOP Chapter Leadership & Legislative Retreat in Washington, DC. While attending a seminar titled, “How to Get the Younger Generation Involved,” Building Careers gained insight into the factors employers should consider when attracting, engaging, and retaining Millennials in the workforce.

Millennials, or Generation Y, are considered born within the early 1980’s to late 1990’s. They are characterized as being influenced by technology, 9/11, helicopter and snowplow parents, the Internet and trends and politics. According to studies, Millennials value autonomy, diversity, positive reinforcement, structure, and technology. These characteristics and values are important because they directly impact how Millennials perform in the workforce.

For companies looking to hire and engage Millennial talent, it’s important to provide them with two-way feedback, structure, and stability. They need to feel accountable for specific action items, not vague ideas. Millennials are looking for incentives (not just monetary ones) and significant opportunities for growth within an organization. Where employers, who do not fall in the Millennial category, often struggle with their younger employees, is the topic of promotions. Millennials desire, and frankly expect, to be promoted based on merit, not by paying their dues. Many employers in the Baby Boomer or Gen X eras, struggle to engage and retain their Millennial employees due to this factor.

Why do Millennials leave organizations in record numbers? Because they don’t find value in the work they’re doing, they require higher incomes than most starting salaries in order to maintain their lifestyles, their companies lack advanced technology, and because they don’t connect with their more senior colleagues. To retain Millennial talent, provide them with up to date technology, opportunities for growth and volunteerism, exclusivity, and incentives.

To learn more about organizational effectiveness, leadership & coaching, and performance & learning, visit http://springboardintl.com/.

Millennials in the Workforce | Attracting, Retaining, Engaging Millennial Talent

Written and published on February 22, 2016 by Julia Turpit, Recruiting Consultant with Building Careers

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Finding the Right Talent in CRE

Leave a Comment / Blog, Employers

Finding and identifying the right talent is becoming harder and harder for rapidly growing commercial real estate companies. As business booms, and companies compete for talent, it is more difficult and extremely time consuming to not only know where to look, but then spend countless days vetting candidates to determine if they are the perfect fit for your firm. Look to us as a hiring resource for your Southern California CRE needs to connect you with great candidates.

“Continuing to identify the right talent to take advantage of the opportunities it has remains one of the greatest challenges for HFF, West Coast leaders Kevin MacKenzie and Michael Leggett tell GlobeSt.com.”

Read the full interview here: Finding the Right Talent in CRE

Originally published by Carrie Rossenfeld in GlobeSt.com on February 5, 2016

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Want to Be Happy and Successful? Read this!

Leave a Comment / Blog, Set Yourself Up For Success

“When you’re happy, then you’ll find the success you’re looking for.” – Peter Economy.

Happiness is such a nebulous idea and something that I definitely struggled to get comfortable with. Starting Building Careers didn’t happen in a night and the process of turning this life-calling into a business only happened after nearly a year of personal and professional soul searching. While I can’t say I am always 100% happy, I have first-hand experience in understanding that established personal contentment and happiness have a tremendous positive impact on your success both in life and in business.

Happiness and Success | Personal and Professional Satisfaction

I heard a saying that keeps working its way into my life through the plethora of wonderful, motivated, successful and happy people that I meet on a daily basis, including Building Careers’ wonderful consultant, Julia. The saying is “Don’t just do what you love. Do what you love that loves you back.” This is truly the secret to success and happiness because if you love something and you are meant to be doing it in that it comes naturally to you, you will exemplify that passion and skill in every aspect of your business.

Read Peter’s full article about the 7 things science says to do if you want to be happy and successful.

Originally published by Peter Economy on Inc.com on January 27, 2016.

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Eight of the Biggest, Boldest Buildings Opening in 2016

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Downtown Skyline | Iconic Construction | 2016 Deliveries

High-profile commercial real estate projects scheduled to open for business in 2016 include mixed-use and residential skyscrapers in China, India and South Korea as well as Apple’s futuristic “spaceship” campus in Cupertino, California. These projects and more are featured in the JLL “Real Views” infographic below.

See the eight most notable 2016 deliveries below:

  • Agora Garden, Taiwan
  • World One Tower, India
  • Lotte World Tower, South Korea
  • Hotel Cresent, Azerbaijan
  • CTF Finance Centre, China
  • Dawang Mountain Resort, China
  • Ping an International Finance Centre, China
  • Apple Headquarters, U.S.

Take a look at the high-profile projects which are set to become new landmarks for their cities in 2016.

Eight of the Biggest, Boldest Buildings Opening in 2016

Originally published in NAIOP Source on January 12, 2016.

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Best Tips for Acing a Phone Interview

Leave a Comment / Blog, Interview Tips

In our virtual world, more companies are moving towards phone interviews as a time effective way to get a sense for your personality and qualifications. Learn how to present your best self to potential employers in this initial step in the interview process.

Phone Interview | Research and Prepare

Treat a phone interview like any other interview you may have. Wake up early, have a substantial breakfast and your morning coffee, dress in interview attire, and review your interview notes.

Your interview notes should be created based on your review of the company, the job description, and your relevant background.

Find a quiet place to set up and have your resume available as well as the questions you have prepared for the interviewer. I recommend preparing 3-5 questions for the interviewer and have included examples below:

  1. The company
  • The company’s long-term strategy
  • How a new acquisition, project, or initiative with affect this position/the department, etc.

2. The Interviewer

  • The interviewer’s career experience
  • What has the interviewer’s experience been at the company, and what do they like about it

3. The Position

  • What is the background of the position? Are you replacing someone or is it a new role?
  • What will it take to be successful in this position?
  • Ask about things that matter to you depending on lifestyle – Travel? Culture of the group?

The number one piece of advice I have regarding interviews is JUST BE YOURSELF!

This makes for a smoother conversation and connection and increases the likelihood that the company will want to continue in the hiring process with you by setting up an in-person meeting.

Learn more about suggested interview tips here: Best Phone Interview Tips and Techniques

Originally published by Allison Doyle on About.com on December 12, 2014 and updated on August 28, 2015.

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Projects in Downtown San Diego’s Pipeline Valued at $6.4B

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Blueprint | Development | Construction Project Designs

Downtown San Diego currently has 63 real estate projects underway that are expected to be completed within the next four years. Ultimately, this will mean more jobs, residents, and excitement in the downtown market. In the meantime many of the investors, developers, operators, and contractors involved in these developments are hiring

Take a look at these exciting career opportunities and become a part of these growing companies today.

Read the full article here: Projects in Downtown San Diego’s Pipeline Valued at $6.4B

Originally published in Bisnow by Patricia Kirk on January 6, 2016.

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U.S. Quality Job Outlook in 2015 Best Since 2007

Leave a Comment / Blog, Job Search
Positive Job Outlook | Stock Market | Find Your Dream Career

For the first time since before the recession, 42% of employees said that they believe now is a good time to find a quality job. More people are searching for careers that they enjoy, and many are motivated more by social causes and work-life balance than money. Employers are shifting their models to accomodate the motivtions of employees and now is a great time to see what other opportunities are out there.

Join the search to find your dream job! Check out the “For Candidates” tab on our website Building Careers Open Positions to explore high quality careers.

Read the full Gallup poll here: U.S. Quality Job Outlook in 2015 Best Since 2007

Gallup Poll originally published on Gallup.com on December 17, 2015.

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Top Business Tips for 2016

Leave a Comment / Blog, Employers, Set Yourself Up For Success

Happy almost 2016!

If you are anything like me, you hate new year’s resolutions, but are constantly on the lookout for ways to improve your life from both a functionality and a success standpoint. How can I be a better person while accomplishing this? What will make me a better leader? How can I approach my business that will encourage the work/life balance that we are all striving for?

As you look forward to and plan for 2016, perhaps you will find some inspiration in this article “Top Business Tips for 2016″ as successful leaders share their advice on running companies in the upcoming year.

Originally published by Will Smale in BBC News on December 28, 2015

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Civic San Diego Approves the Navy Broadway Redevelopment

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San Diego Business District I Redevleopment and Expansion of San Diego Commercial Hub

The 3M SF Navy Broadway Complex redevelopment will dramatically change San Diego’s marina landscape, with an anticipated delivery date in 2019. It is exciting to be in a city that is growing to the point where the city can absorb such a significant redevelopment.

This approval will bring a significant amount of jobs to the region, not just in the next few years while the project is underway, but in the commercial office and retail space that is produced. Keep your eye on San Diego as America’s Finest City continues to grow.

Read more about it here: Civic San Diego Approves the Navy Broadway Redevelopment

Originally published by Lou Hirsh in the San Diego Business Journal on December 11, 2015.

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