Real estate brokerage CBRE moves headquarters from Los Angeles to Dallas

CBRE Group, the country’s largest commercial real estate services company, said Thursday that it has moved its headquarters from Los Angeles to Dallas.

a group of people walking in front of a building: The CBRE Group's headquarters was on the top two stories of a 26-story building on Hope Street in downtown Los Angeles, shown in 2014. (Mel Melcon / Los Angeles Times)

© (Mel Melcon / Los Angeles Times)
The CBRE Group’s headquarters was on the top two stories of a 26-story building on Hope Street in downtown Los Angeles, shown in 2014. (Mel Melcon / Los Angeles Times)

The international business has more than 100,000 employees and is a Fortune 500 firm. It has a long history in California, but Dallas has been its de facto headquarters for nearly a decade as its largest operating center and the home to many senior executives, including Chief Executive Bob Sulentic.


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Few workers will transfer from California to Texas, the company said, and the move will not result in layoffs.

“Designating Dallas as CBRE’s global corporate headquarters formalizes how our company has been operating for the past eight years,”

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Brokerage log-ins for sale on dark web, Robinhood sees highest prices

As a new generation of investors flock to the stock market, criminals are looking for ways to exploit them. 

Hackers have turned to the dark web, where log-ins for accounts at major brokerage firms are listed for sale, according to security analysts and listings seen by CNBC. 

For just a few dollars, criminals are selling credentials for customers of E*Trade, Charles Schwab, TD Ameritrade, Robinhood and others, according to New York-based security firm Intsights. The demand has only increased during the pandemic, according to the firm’s chief security officer Etay Maor.

“You have more people wanting to do more online from home, and on the other hand the attackers who are actively looking and seeking to take advantage of this situation,” Maor told CNBC. “What you end up with is a lot of credentials, and a lot of information being bought and sold on the criminal underground.”

The list of

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Longstanding Viera/Suntree brokerage Vista Florida Realty LLC merges with Dale Sorensen Real Estate, Inc

VERO BEACH, Fla., Oct. 22, 2020 /PRNewswire/ — Dale Sorensen Real Estate (DSRE) is excited to announce that Vista Florida Realty has merged with DSRE Brevard.  The merger, which brings together two highly successful Brevard County brokerages, will give the companies a distinct advantage in the increasingly competitive world of real estate.

Vista Florida Realty was founded in 2014 by Grace Vista.  A native of Annapolis, Maryland, Vista has been a licensed realtor since 2004, earning her Broker’s license in 2014.  Deciding to merge with another company wasn’t an easy decision until she met with the DSRE team.

“When Gary Scenti, a managing broker at Dale Sorensen Real Estate, asked me to meet with them, I thought why not,” said Vista.  “I respected the Sorensen brand and I thought, if nothing else, I can learn something from meeting with them. What I didn’t expect was that when I

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Batterymarch Group Shakes Up Boston Real Estate Brokerage

Real Estate Fiduciary Services

Buying and selling real estate can be tricky business. In Massachusetts, real estate sales agents routinely represent both the buyer and seller in the same transaction, a practice known as dual agency. According to real estate broker Andrew Haigney, “In a dual agency situation, the “double agent” is relieved of the fiduciary duty they may have owed one of the parties, and even better, the agent typically gets double the compensation.” Haigney calls these the high-five transactions – where the agents go back to the office and high five everyone. Haigney thinks it’s time that consumers have a level playing field.

Enter Batterymarch Group, a new Boston-based real estate brokerage firm founded by Haigney. “Our aim is to offer the same high level of client care, due diligence, and valuation discipline one would expect from a prestigious investment firm.” Haigney, a third generation stockbroker, is no

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Expert Marketing Solutions in Commercial Real Estate Brokerage

The marketing of commercial real estate today requires expert opinion and guidance; That's what a good broker is for. The generic approach to marketing is very dead and generally wastes a lot of time. If any property is to be taken to the market for promotion, then the campaign has to be carefully considered and implemented.

What should be the main objects of marketing commercial real estate today? Try these:

  • To create inquiry from the target market segments
  • To spread the message comprehensively
  • To create action on the part of buyers or tenants (as the case may require)
  • To stand out as different, unique and relevant
  • To make it easy for people to get more detail and move to the next step of inquiry

When you consider these things with some care it is easy to see that the marketing solutions to be provided to clients and prospects should be … Read More

Sales Meeting Strategies in Commercial Real Estate Brokerage Today

In commercial real estate brokerage, the weekly sales meeting can be a powerful tool when it comes to building the market share momentum for the real estate business and the sales team. The meeting can be well planned to achieve positive leverage and momentum across the agency.

With most agencies today, the weekly sales meeting is a good idea to keep the agents on focus and task. That being said, an agenda is required to achieve that. Minutes should also be created from the meeting to track and measure the efforts of individuals. Good salespeople thrive on positive recognition and individual performance tracking. They understand the benefits of the process.

Weekly sales meetings should occur in the mornings before the business day commences. They should also take no longer than 1 hour so that that the team can get back to the marketplace and the daily activities required.

So the … Read More