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OUR COMPANY AFFILIATES

CBRE GROUP

CBRE Group, Inc. is the world’s largest commercial real estate services and investment firm, with 2019 revenues of $23.9 billion and more than 100,000 employees (excluding affiliate offices). CBRE has been included in the Fortune 500 since 2008, ranking #128 in 2020. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.

INVESTMENT SERVICES

CBRE Global Investors, combined with CBRE Clarion Securities and CBRE Caledon, is one of the world’s leading real asset investment managers with $109.6 billion in assets under management.

Built up over more than 40 years, our unparalleled platform is focused on real assets, giving our institutional clients access to real estate and infrastructure in the Americas, Europe and Asia Pacific. Our clients benefit from a complete range of investment solutions including equity and debt, direct and indirect, and listed and unlisted strategies.

Trammell Crow Company, founded in Dallas, Texas in 1948, is one of the nation’s oldest and most prolific developers of, and investors in, commercial real estate.The CBRE Global Investors and Trammell Crow Company platforms make up the Real Estate Investments division of CBRE Group.

The Real Estate Investments division is led by
Mike Lafitte, Global CEO, Real Estate Investments.

BLOGS

Regularly released content on the state of the real estate and infrastructure industry are produced by our subject matter experts and shared on their blogs. A selection of them can be found below.

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CBRE Global Investors Acquires 350-Unit Multifamily Property in Charlotte, N.C.

CHARLOTTE, N.C. – December 4, 2019 – A fund sponsored by CBRE Global Investors has acquired The Penrose, a 350-unit multifamily property located in the South End neighborhood of Charlotte, N.C. The acquisition of the property, which is located at 327 West Tremont Ave., is aligned with the fund’s strategy of investing in mid-rise apartment communities in target multifamily markets across the United States.

The Penrose spans 270,874 square feet and includes a mix of studio, one- and two-bedroom apartments. Residents at The Penrose, which is 90 percent leased, have access to an expansive amenity collection that includes a resort-style pool, outdoor communal kitchens, a 24-hour athletic club, a pet spa, an art studio, two resident lounges and an entertainment center.

The Penrose is less than a 10-minute drive from downtown Charlotte and 15-minute drive to Charlotte Douglas International Airport. The neighborhood offers residents a variety of dining, retail and entertainment options.

“The Penrose is a new property that is helping to fill the demand for high-end apartment rentals in the increasingly popular South End neighborhood. As Charlotte continues to benefit from robust employment growth, we expect that this demand will only increase,” said Kim Hourihan, a portfolio manager for CBRE Global Investors. “We expect proximity to downtown Charlotte and to the region’s top employers will help to draw a variety of renters to The Penrose, which will feature A&B Living, CBRE Global Investors’ holistic philosophy of care and connection, community-building and amenities that enhances the tenant experience.”

 

About CBRE Global Investors
CBRE Global Investors is a global real asset investment management firm with $106.2 billion in assets under management* as of September 30, 2019. The firm sponsors investment programs across the risk/return spectrum for investors worldwide.

CBRE Global Investors is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBRE). It harnesses the research, investment sourcing and other resources of the world’s largest commercial real estate services and investment firm (based on 2018 revenue) for the benefit of its investors. CBRE Group, Inc. has more than 90,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 480 offices (excluding affiliates) worldwide. For more information about CBRE Global Investors, please visit www.cbreglobalinvestors.com.

*Assets under management (AUM) refers to the fair market value of real asset-related investments with respect to which CBRE Global Investors provides, on a global basis, oversight, investment management services and other advice and which generally consist of investments in real assets; equity in funds and joint ventures; securities portfolios; operating companies and real asset-related loans. This AUM is intended principally to reflect the extent of CBRE Global Investors’ presence in the global real asset market, and its calculation of AUM may differ from the calculations of other asset managers.

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