CBRE launches nonprofit group.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. announced that it has launched a new practice group focused on nonprofit institutions. The nonprofit practice group will have initial operations in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. and Washington, D.C.--the two largest markets for nonprofits--with national expansion planned. This group will bring together expertise and resources from around the country to provide specialized real estate services to the rapidly growing nonprofit market, which includes trade associations, charitable organizations, foundations and professional societies. Nonprofits are a critical economic engine in the New York City area. New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of is home to more nonprofits than any other U.S. city, except Washington, D.C., with some 10.3millions/f in Manhattan alone. "We've established the nonprofit practice group in recognition of the exponential growth in the nonprofit sector and the specialized services these organizations require," said Suzanne Sunshine, CBRE CBRE CB Richard Ellis (real-estate firm) CBRE Chemical, Biological, Radiological and Explosive CBRE Component-Based Reliability Estimation CBRE Coldwell Banker Richard Ellis (Boston, MA) vice president. According to Susan Kahaner, CBRE senior vice president, "The real estate needs of the nonprofit community are growing increasingly sophisticated, and CBRE has the platform, experience and expertise to serve as an advocate for these organizations, aligning their real estate strategies with their core missions." Ms. Sunshine and Ms. Kahaner are helping to launch the CBRE nonprofit practice group in the New York tri-state area. CBRE has extensive experience assisting nonprofits such as the Foundation Center, Better Business Bureau, Archdiocese of New York, Housing Works and American Ballet Theater. Other members of the nonprofit practice group include Bill Shanahan, Executive, Tim Sheehan, Megan Sheehan and Michele Freeman. The American Society of Association Executives The American Society of Association Executives (ASAE) is a non-profit professional organization for executive directors and executive vice presidents of professional societies both in the United States and abroad. has selected CBRE as an endorsed provider of commercial real estate services, in recognition of CBRE's superior platform and unique ability to serve the nonprofit community. "CBRE is the leading provider of commercial real estate services to the nonprofit sector," said John Graham, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of ASA Asa (ā`sə), in the Bible, king of Judah, son and successor of Abijah. He was a good king, zealous in his extirpation of idols. When Baasha of Israel took Ramah (a few miles N of Jerusalem), Asa bought the help of Benhadad of Damascus and . "Its professionals bring a thorough and deep understanding of the nonprofit sector and the commercial real estate market. Our members will be well served by the CBRE Nonprofit Practice Group professionals. Their expertise and track record with nonprofits distinguishes them from the competition." |
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