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Company type | Public |
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Industry | Real estate |
Founded | August 27, 1906 (as Tucker, Lynch & Coldwell) |
Headquarters | Dallas, Texas , U.S. |
Number of locations | 500+ (2022) |
Area served | Worldwide |
Key people | Bob Sulentic (chairman and CEO) |
Services | Commercial real estate services and investment |
Revenue | US$30.8 billion (2022) |
US$1.5 billion (2022) | |
US$1.4 billion (2022) | |
Total assets | US$21.6 billion (2022) |
Total equity | US$7.9 billion (2022) |
Number of employees | 44,000 (2022) |
Website | cbre |
Footnotes /references [1] |
CBRE Group, Inc. is an American commercial real estate services and investment firm. [2] The abbreviation CBRE stands for Coldwell Banker Richard Ellis. It is the world's largest commercial real estate services and investment firm (based on 2022 revenue). [3] [4] [5]
The firm is ranked 135th on the Fortune 500 and has been included in the Fortune 500 every year since 2008. [6] CBRE serves more than 95+ of the top 100 companies on the Fortune 100. [7] It is one of the "Big 4" commercial real estate services companies, alongside Cushman & Wakefield, Colliers and JLL. [8]
CBRE provides services to both occupiers of and investors in real estate. For occupiers, CBRE provide facilities management, project management, transaction (both property sales and leasing) and consulting services and valuation among others. For investors, CBRE provide capital markets (property sales, commercial mortgage brokerage, loan origination and servicing), property leasing, investment management, property management, valuation and development services, among others. [7]
Brookfield Properties is a North American subsidiary of commercial real estate company Brookfield Property Partners, which itself is a subsidiary of alternative asset management company Brookfield Asset Management. It is responsible for the asset management of the company's real estate portfolio, including office, multi-family residential, retail, hospitality, and logistics buildings. Brookfield Properties acquired General Growth Properties, one of the largest mall operators in the U.S., and merged it into Brookfield Properties in 2018.
Blackstone Inc. is an American alternative investment management company based in New York City. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate business has actively acquired commercial real estate across the globe. Blackstone is also active in credit, infrastructure, hedge funds, secondaries, growth equity, and insurance solutions. As of May 2024, Blackstone has more than US$1 trillion in total assets under management, making it the largest alternative investment firm globally.
Dean Witter Reynolds was an American stock brokerage and securities firm catering to a variety of clients. Prior to the company's acquisition, it was among the largest firms in the securities industry with over 9,000 account executives and was among the largest members of the New York Stock Exchange. The company served over 3.2 million clients primarily in the U.S. Dean Witter provided debt and equity underwriting and brokerage as mutual funds and other saving and investment products for individual investors. The company's asset management arm, Dean Witter InterCapital, with total assets of $90.0 billion prior to the acquisition, was one of the largest asset management operations in the U.S.
Cushman & Wakefield Inc. is an American global commercial real estate services firm. The company's corporate headquarters is located in Chicago, Illinois.
Coldwell Banker Real Estate LLC is an American real estate franchise owned by Anywhere Real Estate, with headquarters in Madison, New Jersey. It was founded in 1906 in San Francisco, and has approximately 3000 offices in 49 countries and territories. It publishes an annual house price guide, Home Listing Report. The company does not issue loans; its name refers instead to a former managing partner.
Gary L. Wilson is an American business executive. He served as chairman of the board of Northwest Airlines, chief financial officer of Walt Disney Company and chief financial officer of Marriott Corporation.
Anywhere Real Estate Inc., formerly Realogy, is an American publicly owned real estate services company. It owns and franchises several real estate brands and brokerages, and offers consumer programs, lead generation, relocation, and title settlement services.
CBRE | Heery, formerly known as Heery International, Inc., was founded in 1952 by George T. Heery and his father C. Wilmer Heery Jr., and is a full-service architecture, interior design, engineering, construction management, program management, and commissioning firm with over 500 employees located in 19 offices across the United States.
Anywhere Advisors is a residential real estate brokerage company in the United States of America. A subsidiary of Anywhere Real Estate, Inc., its headquarters are located in Madison, New Jersey. As of 2022, the company owns and operates more than 40 brokerage firms in approximately 55 U.S. markets. Most firms are branded under the Coldwell Banker, Coldwell Banker Commercial, Sotheby's International Realty or Corcoran Group brands.
Apollo Global Management, Inc. is an American asset management firm that primarily invests in alternative assets. As of 2022, the company had $548 billion of assets under management, including $392 billion invested in credit, including mezzanine capital, hedge funds, non-performing loans, and collateralized loan obligations, $99 billion invested in private equity, and $46.2 billion invested in real assets, which includes real estate and infrastructure. The company invests money on behalf of pension funds, financial endowments, and sovereign wealth funds, as well as other institutional and individual investors.
Trammell Crow Company is a global real estate development firm. It has been a subsidiary of CBRE Group since 2006.
Savills North America is a subsidiary of Savills that represents tenants of commercial real estate. Savills offers a wide range of commercial real estate advisory services.
HFF, Inc. was a provider of capital markets and brokerage services to owners of commercial real estate. In 2019, the company was acquired by JLL.
Insignia Financial Group was a company that invested in apartments that were financially distressed, with the goal of increasing value via recapitalization. It was founded and controlled by billionaire Andrew L. Farkas and was headquartered in Greenville, South Carolina. It was the largest manager of apartments, controlling 300,000 apartment units at its peak. The company was sold in two tranches in 1999 and 2003.
Blum Capital Partners, L.P., also known as Blum Capital, is an American private equity firm founded in 1975 by Richard C. Blum. The firm is headquartered in San Francisco, California. It is focused on leveraged buyout, growth capital and PIPE investments in small cap and middle-market companies. Blum Capital became known for pioneering a hybrid strategy for investing in public companies, combining private equity and strategic block investment.
Newmark Group Inc. is a commercial real estate advisory and services firm headquartered in New York City. It operates as Newmark, and is listed on the NASDAQ Global Select Market under the symbol "NMRK".
Colliers International Group Inc. is a Canada-based diversified professional services and investment management company with approximately 18,000 employees in more than 400 offices in 65 countries.
Fred Charles Sands was an American business executive and real estate investor. He served as the Chairman of Vintage Capital Group.
150 West Main Street is the fourth tallest building in Downtown Norfolk, Virginia, United States. Norfolk's highest rated restaurant, Todd Jurich's Bistro, is located on the building's ground floor.
Cassidy Turley was a privately owned commercial real estate services firm. Cassidy Turley was acquired by a private equity investment consortium backed by TPG Capital, PAG Asia Capital and Ontario Teachers’ Pension Plan. In January 2015, Cassidy Turley was acquired by DTZ, which was later acquired by Cushman & Wakefield.