CB Richard Ellis Group Inc., Los Angeles, has announced the acquisition of The Polacheck Co., a full-service commercial real estate services firm in Wisconsin, for approximately $20 million.Polacheck employs a staff of 117 in three offices. CBRE said the acquisition reflects its strategy of purchasing affiliate companies to extend the company's presence in key markets across the country. CBRE can be found on the Web at http://www.cbre.com.
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The agreement, in which the real estate giant admits no wrongdoing, will cover around 70,000 agents.
19m ago -
Doxo plans to fight the FTC complaint, which focuses broadly on consumer finance, but there are signs of confusion about the company's role in mortgages too.
April 25 -
Members of the LGBTQ community were most likely to have experienced housing bias, according to a Zillow survey, which also found many people don't recognize how fair lending laws could help.
April 25 -
Senior executives making over $151,000 would still be subject to such clauses should the rule go into effect this year.
April 25 -
Christopher J. Gallo and his aide, Mehmet A. Elmas, allegedly withheld information in mortgage applications, hiding that borrowers were purchasing second home properties.
April 25 -
Mortgage rates rose 7 basis points this week, Freddie Mac said, and more increases are likely following a weaker than expected gross domestic product report.
April 25