Several years ago, our firm published an article titled “Investing in Human Capital”. The central theme was simple: Organisations that approach hiring with the same discipline and long-term perspective as an investment decision tend to achieve stronger, more durable outcomes. We continue to believe this approach remains a winning formula for employers across all market cycles.
The prevailing sentiment across the commercial real estate industry is that hiring has slowed. Reduced transaction volumes, tighter capital markets and general uncertainty have led many to assume that attracting talent has become easier. From our vantage point in the executive recruiting arena, however, that has not been the case. Firms with strong balance sheets, capital to deploy — albeit selectively — and a focus on upgrading and strengthening their teams are having a very different experience.
During the past several years, there has been significant hiring in portfolio and asset mana
