Jones Lang LaSalle has a message for real estate industry players: Take a breath. The company’s North American Occupier Report for the fourth quarter 2009 shows that there are at least indications of a tentative recovery afoot – and for the recession-wounded, that is at least some good news.
Coldwell Banker Commercial Affiliates LLC is experiencing some shifting of roles with regard to its top positions.
Hotel management company Richfield Hospitality on Friday announced a major new growth strategy designed to aggressively expand its core third-party management business.
Real estate franchise Realty Executives is looking to add to its approximately 700 outposts and 11,000 employees. The firm has launched 13 new franchises in California since July 2009 and is looking to expand further.
Bankrupt and owing more than a billion dollars to creditors, the Phoenix-based real estate services firm Opus West Corp. is suing its parent company for $163 million.
Cassidy Turley was launched by former member firms with Colliers International who chose to go a separate path once Colliers merged with FirstService.
As companies continue to grapple with the industry-wide downturn, they are increasingly looking to make their corporate real estate departments operate as efficiently as possible, according to a new report by CB Richard Ellis Inc. and CoreNet Global.
As companies work to streamline operating efficiencies and cut costs, the outsourcing of services has become increasingly popular, and real estate services are high on the priority list. In the latest high profile outsourcing, CB Richard Ellis Inc. has agreed to a deal to provide project management services for Cisco Systems.