Colliers Expands Multifamily Services Through Strategic Acquisition
Strengthening Multifamily Services
Colliers, a leading diversified professional services and investment management firm, recently made headlines with its strategic acquisition of Greystone Sales Group, LLC, expanding its multifamily investment services into new territories. This strategic move aims to enhance Colliers' national multifamily capital strategy and established presence within this dynamic sector.
Impact on the Dallas Market
The acquisition brings on board a team of 25 adept professionals from Greystone, who are known for their expertise in multifamily investment sales across Texas. This integration is particularly noteworthy as Dallas is recognized as one of the most bustling multifamily markets in the country, driven by robust economic fundamentals and notable investment activity.
Colliers’ Vision for the Future
Gil Borok, President and CEO for U.S. and LATAM at Colliers, expressed enthusiasm regarding this acquisition. He stated that the firm’s efforts will focus on leveraging the existing expertise of the GREA Dallas team to provide exceptional service and capitalize on the growing investor interest in multifamily properties. The move illustrates Colliers' commitment to elevating its services and expanding its footprint in key markets.
Continuous Growth and Innovation
As Colliers continues to strengthen its multifamily capital markets framework, the ability to leverage the Greystone team’s proven track record and extensive market knowledge presents a unique opportunity for both firms. Todd Franks, Chairman and Founding Partner at GREA Dallas, reflected this sentiment by highlighting how joining Colliers enhances their capacity to deliver unparalleled service across multifamily real estate, not just in Texas but nationwide.
About Colliers
Colliers has positioned itself as a global leader in diversified professional services and investment management. The company operates through three main platforms: Real Estate Services, Engineering, and Investment Management. Their strong business model and enterprising culture contribute to delivering substantial returns for shareholders—commonly around 20% compound annual returns over the past three decades.
In terms of scale, Colliers boasts over $5.0 billion in annual revenues and manages more than $100 billion in assets globally. The firm is dedicated to enhancing the success of clients and investors worldwide, fostering a culture that prioritizes excellence in service delivery.
Contact Information
If you have inquiries or require further details about the acquisition or Colliers’ services, feel free to reach out to the company representatives:
Christian Mayer
Chief Financial Officer
(416) 960-9500
Gil Borok
President & CEO, U.S. & LATAM
(818) 325-4104
Frequently Asked Questions
What is the recent acquisition by Colliers?
Colliers acquired Greystone Sales Group, expanding its multifamily investment services.
How many professionals does Greystone Sales Group have?
Greystone Sales Group employs a team of 25 professionals specializing in multifamily investment sales.
What does this acquisition mean for Colliers?
This acquisition enhances Colliers' capabilities and presence in dynamic markets like Dallas.
What is Colliers known for?
Colliers is recognized for its comprehensive services in real estate, engineering, and investment management globally.
How can clients reach Colliers for services?
Clients can contact Christian Mayer or Gil Borok for any inquiries related to services provided by Colliers.
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