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CBRE Group, Inc. is the world’s largest commercial real estate services and investment firm, with 2020 revenues of $23.8 billion and more than 100,000 employees (excluding affiliate offices). CBRE has been included on the Fortune 500 since 2008, ranking #122 in 2021. It also has been voted the industry’s top brand by the Lipsey Company for 20 consecutive years, and has been named one of Fortune’s “Most Admired Companies” for nine years in a row, including being ranked number one in the real estate sector in 2021, for the third consecutive year. Its shares trade on the New York Stock Exchange under the symbol “CBRE.”

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.


CBRE Global Investors, combined with CBRE Clarion Securities and CBRE Caledon, is one of the world’s leading real asset investment managers with $124.5 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.


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 Closes $41.5 Million Loan for 160-Unit Multifamily Property in Long Beach, Calif.

LONG BEACH, CALIF. – July 12, 2021 – A fund sponsored by CBRE Global Investors has closed on a $41.5 million mortgage loan for Gelt, Inc. to acquire Elevate Long Beach Apartments, a 160-unit multifamily community in Long Beach, Calif. The floating-rate loan has an initial term of three years, which can extend up to two additional years, and includes future funding to finance the sponsor’s business plan.

Elevate Long Beach, formerly known as Sofi on Third, is a five-story mid-rise apartment community that includes a mix of studio, one- and two-bedroom units. Amenities at the property include a rooftop sundeck with grilling stations, a 24-hour fitness center, a swimming pool, a resident lounge, and a secured subterranean parking garage.

“Elevate Long Beach is well-positioned in Downtown Long Beach, which we believe will continue to thrive as a dynamic submarket with excellent fundamentals,” said Charles Kim, Managing Director for CBRE Global Investors. “This asset has performed well historically and we believe will continue to benefit not only from its premier location, but also from the new owner’s targeted capital improvement strategy.”

Brandon Smith, Annie Rice, and David Pelaia at JLL Capital Markets in Los Angeles arranged the loan on behalf of Gelt.

The property, located at 225 West 3rd Street, provides residents with convenient access to the I-710 Freeway, the Long Beach Airport, Cal State University Long Beach, and major employers in the area. Elevate Long Beach is also walking distance to several retail and entertainment destinations and public transit via the Metro Blue Line-Light Rail at Pacific Avenue Station, which is situated two blocks away.

About CBRE Global Investors
CBRE Global Investors is a global real assets investment management firm with $124.5 billion in assets under management* as of March 31, 2020. 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 2020 revenue) for the benefit of its investors. CBRE Group, Inc. has more than 100,000 employees serving clients in more than 100 countries. For more information about CBRE Global Investors, please visit www.cbreglobalinvestors.com

*Assets under management (AUM) refers to the fair market value of real assets-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 assets-related loans. This AUM is intended principally to reflect the extent of CBRE Global Investors’ presence in the global real assets market, and its calculation of AUM may differ from the calculations of other asset managers.