Top News for Real Estate Pros
Annual Profit Falls 30% at World's Largest Commercial Property Brokerage as Focus Shifts to Acquisitions
CBRE has spent the past few months expanding into areas that executives say can better withstand economic shifts, including the launch of its investor portfolio management business with Brookfield Properties as its first client, as well as the pending acquisition of J&J Worldwide Services .
Nation's Largest Single-Family Rental Landlord To Buy Up to $1 Billion in Houses This Year
Invitation Homes ' plans to expand its portfolio come as President and CEO Dallas Tanner and his executive leadership team anticipate slowing growth on a macroeconomic level for the country this year.
Here's How CBRE Seeks to Lure Employees Back to High-Vacancy Market Without Office Mandate
For employees who prefer working outside of their homes, CBRE built rows of green, restaurant-style booths to create a cafe-like setting, and a "green room" available through a hidden door in the kitchen that offers a quiet area for client meetings, independent work or relaxation.
Some Real Estate Professionals Say US Office Market May Still Have Room to Fall
With a record-high vacancy rate and more unwanted space available for sublease, stakeholders indicate in interviews they are bracing for more pain this year as valuations fall.