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CB Richard Ellis Appoints Greg Vorwaller to President of Investment Properties Group.


LOS ANGELES--(BUSINESS WIRE)--June 10, 1999--

CB Richard Ellis CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2.  (NYSE NYSE

See: New York Stock Exchange
:CBG CBG

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), the world's leading real estate services company, announced the appointment of Gregory S. Vorwaller to the position of president, Investment Properties Group.

As president of Investment Properties, Vorwaller oversees a team of 300 investment property professionals who specialize in the acquisition and disposition of income-producing properties, primarily for third-party investors. According to according to
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 a leading industry trade publication, Investment Properties was the top sales advisor in deals over $10 million in 1998, a distinction the company has had for the last three years. The value of transactions over $10 million handled by CB Richard Ellis climbed 22% from 1997 to $7.8 billion in 1998.

Vorwaller was also instrumental in forming the CB Richard Ellis Senior Housing Group within Investment Properties. This is a unique business opportunity due to factors that will necessitate increased activity in institutional real estate and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 for this rapidly growing population segment.

"Greg's leadership is distinctive of the market-leading services that CB Richard Ellis continues to provide to its institutional clients," commented North American operations North American operation Surgical oncology Radical surgery of a 'frozen pelvis', consisting of radical en bloc resection of the uterus and urinary bladder. See 'Frozen pelvis.'. Cf 'All-American' and 'South American' operations.  chairman Brett White Brett White (born April 8 1982 in Cooma, New South Wales) is an Australian professional rugby league footballer. He plays for the Melbourne Storm in the National Rugby League. . "Greg has positioned Investment Properties as a consistent generator of large transactions, with CB Richard Ellis poised to further capitalize on these successes through the consolidation of the Senior Housing Services Group."

Prior to joining CB Richard Ellis, Vorwaller was vice president in the real estate finance department of The First National Bank of Chicago, where he was responsible for advising corporate and real estate clients about financing options. During his career, Vorwaller has been responsible for more than $2 billion in property sales, debt financings and sale/leaseback financings.

Vorwaller holds a joint degree in history and economics from the University of Wisconsin, Madison, and has completed graduate level courses at Northwestern University.

CB Richard Ellis is the world's leading real estate services company. With headquarters in Los Angeles and nearly 10,000 employees worldwide, the company serves real estate owners, investors and occupiers through more than 230 principal offices in 32 countries. Services include property sales and leasing, property management, corporate advisory services advisory services

advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal
 and facilities management, mortgage banking, investment management, capital markets, appraisal/valuation, research and consulting. CB Richard Ellis had 1998 revenues of more than $1 billion.
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Publication:Business Wire
Date:Jun 10, 1999
Words:375
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