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National Real Estate Investor July 23, 2003 Parke Chapman |
CBRE CEO Wirta on Merger: Size Brings Competitive Advantage Effective today, Ray Wirta is CEO of a bolstered real estate services juggernaut as the official merger between CB Richard Ellis and Insignia/ESG was formalized this morning. For Wirta, who is based in CBRE's Los Angeles headquarters, the merger is clearly a strategic victory. |
National Real Estate Investor September 30, 2003 Parke Chapman |
Key CBRE Brokers Defect To Cushman & Wakefield Two of CB Richard Ellis' strongest sales brokers have jumped ship to Cushman & Wakefield only days after another key CBRE broker, Woody Heller, defected to tenant rep firm Studley. |
National Real Estate Investor March 1, 2003 Parke Chapman |
Today the World, Tomorrow New York The storm came from the south, but the seismic force in commercial real estate came from the west. On Feb. 18, LA-based CB Richard Ellis announced a deal to buy Gotham's top brokerage, Insignia Financial Group, for $415 million. |
National Real Estate Investor July 23, 2003 |
On the Merger, Off The Record Several Manhattan-based real estate executives were queried on the impact of the now finalized merger between CB Richard Ellis and Insignia/ESG. None of the sources, save one, were anxious to go on the record. Here are some of their comments. |
National Real Estate Investor January 7, 2004 |
Two CBRE Brokers Move to Cushman & Wakefield and JRT Two CB Richard Ellis brokers have moved to rival firms. Steven Strati, formerly a senior vice president and leasing broker at CBRE, is now a senior director at Cushman & Wakefield's Midtown Manhattan office. Meanwhile, CBRE broker Melissa Bazar has left the firm to join JRT. |
National Real Estate Investor May 1, 2003 Parke Chapman |
The Changing Brokerage Paradigm These are edgy times for commercial real estate brokerages. Office leasing volume is flat-lining, top brokers are switching firms and mergers are creating a new breed of mega-brokerages. |
National Real Estate Investor March 1, 2003 Matt Valley |
Questions Linger Over Merger What should we make of the announced merger between CB Richard Ellis and Insignia Financial Group? The widely publicized deal, valued at $415 million, leaves many questions unanswered. |
National Real Estate Investor March 1, 2005 Parke Chapman |
Breaking Away Last month, top-grossing CB Richard Ellis sales broker Bill Palmer officially left the company, closing a stellar 18-year run with the Sacramento, Calif., office of CBRE. The move underscores the challenge of retaining top brokerage talent in one of the hottest investment sales markets in history. |
National Real Estate Investor April 1, 2004 Parke Chapman |
Boutique -vs- Behemoth When CB Richard Ellis acquired Insignia Financial Group last summer, the heavily publicized deal brought together two of the nation's largest commercial brokerages under one roof |
National Real Estate Investor February 24, 2004 Parke Chapman |
NREI Exclusive: High-Level Investment Sales Team Moves from Cushman & Wakefield to CBRE A quartet of top-producing real estate sales brokers has left Cushman & Wakefield to join rival brokerage firm CB Richard Ellis. |
National Real Estate Investor February 7, 2003 Parke Chapman |
Insignia confirms talks of merger with CBRE Insignia Financial Group (parent company of brokerage Insignia/ESG) has issued a statement today acknowledging that it has held merger discussions with CB Richard Ellis. However, the statement emphasized that there is "no assurance that the current discussions will result in a transaction." |
National Real Estate Investor December 1, 2006 Parke M. Chapman |
Empire Building CB Richard Ellis was already an 800-pound gorilla before it unveiled plans to acquire Trammell Crow Co., a diversified real estate services firm widely recognized as having one of the strongest corporate real estate arms in the nation and an active development pipeline. Investors, take note. |
National Real Estate Investor August 25, 2003 |
Four Insignia Brokers Move To Rival Firm With the CB Richard Ellis/Insignia merger only one month old, four Insignia investment sales brokers have joined real estate investment banking firm Rockwood Realty Associates. |
National Real Estate Investor May 30, 2003 Parke Chapman |
CB Richard Ellis, Insignia Unload $44M of Assets Insignia Financial Group and CB Richard Ellis have sold $44 million worth of Insignia-owned real estate assets to a fund controlled by Insignia Financial chairman Andrew Farkas. |
National Real Estate Investor April 1, 2006 Parke M. Chapman |
Full-Service Giants Bulk Up Within the past two decades, the nation's largest real estate brokerages have formed a variety of new service lines that include asset management, appraisal, consulting and mortgage financing. |
National Real Estate Investor March 1, 2007 Ben Johnson |
Something to Crow About Cal Frese, as president of CB Richard Ellis' Americas unit, has a big job on his hands, not only to integrate Trammell Crow's 6,000-plus employees and culture into CBRE's, but also to harness Crow's legendary corporate connections to expand its service scope and grow market share. |
National Real Estate Investor September 23, 2003 Parke Chapman |
Top Sales Broker Moves to Studley Two months after CB Richard Ellis bought Insignia/ESG, a star Insignia sales broker has jumped ship. Woody Heller, who only worked at Insignia/ESG since April 2002, will now join tenant rep firm Julien Studley. |
National Real Estate Investor January 1, 2003 |
A View From The Summit The problems facing commercial real estate CEOs at the dawn of 2003 are daunting. NREI tracked down five prominent CEOs to find out how they are handling the challenges facing their companies, their markets and commercial real estate in general. |
National Real Estate Investor June 1, 2005 Parke Chapman |
Drowning in Data Legions of analysts and data gatherers now provide a steady flow of information about occupancies, asking rents, sales per square foot, and so on for all markets and classes of commercial real estate. If this is transparency, it is of a highly murky vintage. |
National Real Estate Investor November 1, 2005 Parke M. Chapman |
Oh, Canada! Brokerage Empire Expands Cushman & Wakefield extended its 12-year affiliation with Royal LePage Commercial in September by outright purchasing the dominant Canadian real estate brokerage. |
National Real Estate Investor February 18, 2004 Parke Chapman |
CB Richard Ellis Registers for IPO Real estate services firm CB Richard Ellis filed papers Tuesday with the SEC to raise $150 million through an IPO. The initial filing did not denote the number or price of the shares the firm plans to offer. |
National Real Estate Investor September 1, 2004 Matt Valley |
A New Era for Cushman & Wakefield It is precisely that combination of business savvy and leadership ability that has vaulted the 46-year-old Mosler to the top executive spot at New York-based Cushman & Wakefield. |
National Real Estate Investor November 5, 2002 Parke Chapman |
Report: Manhattan office sales volume up 14% Manhattan's office sales market is booming despite a sluggish leasing climate that has kept vacancy high. |
National Real Estate Investor April 16, 2003 Parke Chapman |
New leases chip away at lower Manhattan's vacancies More than 600,000 sq. ft. of office space in lower Manhattan was leased this week, pushing the downtown market's vacancy rate below 13% for the first time in a year. Two large leasing deals were responsible for the positive trend. |
National Real Estate Investor October 1, 2002 Matt Valley |
A Challenging Time for Publicly Traded Brokerages In today's tumultuous business climate, punctuated by volatility on Wall Street, are commercial real estate brokerages a good match for the public markets? |
National Real Estate Investor January 1, 2009 Ben Johnson |
Service Providers Capitalize on Distress Brokerages announce new programs to aid clients with distressed real estate. |
National Real Estate Investor October 16, 2002 Parke Chapman |
MetLife markets $2 billion office portfolio Insurer Metropolitan Life is selling nearly $2 billion worth of its nationwide real estate holdings, including Midtown Manhattan's 551 Fifth Avenue and two major Chicago office buildings. Of the 15 properties offered, all except one are office buildings. |
National Real Estate Investor February 19, 2003 |
CB Richard Ellis to acquire Insignia Financial Group CB Richard Ellis has announced it has entered into a definitive agreement to acquire Insignia Financial Group Inc. for $11 per share of common stock in cash, plus the potential for incremental consideration. |
National Real Estate Investor January 1, 2006 |
Clarification A November article on the purchase of Royal LePage Commercial by Cushman & Wakefield should have stated that as a result of the acquisition, Cushman & Wakefield claims it will become the most dominant brokerage in North America based on deal volume per broker. |
National Real Estate Investor April 1, 2005 Parke Chapman |
Global Brokerage Formula In the past decade, the largest American real estate brokerages and broker networks have forged interests in more than 100 countries. These empires cover plenty of ground, but they do so in vastly different ways. |
National Real Estate Investor October 1, 2002 Jessica Miller |
Better Days Ahead? It's been a rough year for Grubb & Ellis. On Sept. 6, the stock hit a 52-week low of $1.20 -- less than one-fourth of its value a year ago. Maybe the next 12 months will be better. |
BusinessWeek March 26, 2007 Gene G. Marcial |
Why CB Richard Ellis Could Be A Good Bet Global real estate services outfit CB Richard Ellis Group is a top choice. |
National Real Estate Investor October 1, 2007 |
Correction: Correction to the reported amounted of space that CB Richard Ellis manages globally. |
National Real Estate Investor April 1, 2005 Parke Chapman |
Brokerages Benefit by Selling Frenzy Demand for real estate product not only benefitted sellers in 2004, but it also proved to be a boon for the nation's largest commercial real estate brokerages... Notable Deals... Ranking Changes... etc. |
National Real Estate Investor May 1, 2007 Matt Valley |
Yes, Brokerage Firms Can Thrive on Wall Street It's hard to ignore the success these two firms have had at proving the critics wrong. Both CB Richard Ellis and Jones Lang LaSalle are flourishing as publicly traded real estate services firms with global platforms. |
National Real Estate Investor January 1, 2006 Parke M. Chapman |
Ground Zero Waiting Game Above-market asking rents and political bickering over Ground Zero's future are foiling developer Larry Silverstein in his quest to fill the $700 million 7 World Trade Center building. As of late December, just 40,000 of the total 1.7 million sq. ft. was leased. |
National Real Estate Investor March 1, 2005 |
Ten to Watch Larry Silverstein, President and CEO, Silverstein Properties... Mike Bush, Executive Director, Project Real Estate Associate Program (REAP)... Michael Depatie, CEO of Real Estate, Kimpton Group Holding LLC... etc. |
The Motley Fool December 5, 2005 Richard Moore |
Don't Give Up on Real Estate The commercial real estate market still looks good. Investors: CB Richard Ellis, Jones Lang LaSalle, Trammell Crow, are all worth taking a look at. |
National Real Estate Investor November 1, 2004 Parke Chapman |
Midtown Manhattan: A Pillar of Strength The real estate market in Manhattan is finally emerging from a three-year slump. Office leasing is on the rise, hotel vacancy rates are tightening and luxury retailers are flocking to Fifth Avenue's midtown shopping corridor. |
National Real Estate Investor November 1, 2004 Parke Chapman |
CB Richard Ellis Denies Sexual Harassment Claims Brokerage firm CB Richard Ellis is fighting a sexual harassment lawsuit that, if certified as a class-action case, has the potential to include as many as 9,000 former and current CBRE employees seeking damages from the firm. |
National Real Estate Investor April 1, 2006 Parke M. Chapman |
A Double-Barreled Recovery Remember that so-called disconnect between commercial property values and fundamentals? If 2005 was any indication, it may soon be forgotten... Top 25 Brokerages... Top Three Sales Transactions of 2005... etc. |
National Real Estate Investor January 1, 2005 Parke Chapman |
Office Glut at Ground Zero The jury decision on insurance liability for the World Trade Center could clear the way for five new office towers to be developed around Ground Zero in a larger plan that could cost as much as $9 billion. |
National Real Estate Investor June 1, 2011 Michele Lerner |
Office Investment Magnet Experts believe Washington, D.C.'s real estate fundamentals are in place to keep the local office market healthy for the remainder of 2011. |
National Real Estate Investor April 1, 2006 |
Corrections In the March article Ten to Watch... |
National Real Estate Investor December 1, 2006 Ben Johnson |
Enter the Virtual War Room In the rush to close more deals expeditiously, technology is finally playing an important role in streamlining the commercial real estate sales process nearly a decade after the invention of now everyday tech tools. |
National Real Estate Investor August 1, 2004 Stan Luxenberg |
Self-Storage Attracts a New Breed of Buyers Historically, institutions have ignored the self-storage market because it seemed risky. However, real estate investment trusts (REITS) and other large owners have been buying family operations and introducing new cost efficiencies. |
National Real Estate Investor January 1, 2005 |
Names in the News Grayson Sanders named president of CNL Capital Markets... Thomas Bogle rejoined CB Richard Ellis... Wendy Stamnas promoted at Arbor Commercial Mortgage LLC... Terry Howard appointed president of MBK Real Estate's Senior Living Communities Division... Lea Court joined Trammell Crow Co.... |
National Real Estate Investor December 4, 2002 Parke Chapman |
Investor now holds 6.9% stake in Insignia Carl Icahn now holds a 6.9% stake in real estate operator Insignia Financial Group Inc. |
Registered Rep. March 12, 2007 John Churchill |
NYSE/NASD Merger Attracting Lawsuits A California broker/dealer who has sued to stop the merger of the NYSE and the NASD is looking for like-minded folks to join its cause. |
National Real Estate Investor October 1, 2002 Margy Sweeney |
Chicago's `Long, Flat Bottom' Downtown Chicago continues to bustle with construction activity. This is a good sign and also a scary one. |