With a stunning $10.1 billion in sales for the first quarter of last year — a 21 percent increase over 2014 — NYC’s residential real estate business is a global empire to be reckoned with.
Who ever imagined commercial real estate companies that passed through 2007 & 2008 (years named as real estate bubble burst), the real estate market was at its then-peak, that they can rise up again.
In New York City and elsewhere, though, the bubble was about to burst. Major players like Jerry Speyer would go on to forfeit multi-billion dollar deals, like Tishman Speyer’s $5.4 billion Stuyvesant Town and Peter Cooper Village project. Others took advantage of the drop.
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Now the New York market has officially rebounded, and as a result its real estate tycoons are richer than ever. More money was spent in commercial real estate deals last year than at any time since 2007′s peak, according to new analysis by New York-based brokerage firm Ariel Property Advisors. The total – across 3,576 transactions of more than $850,000 apiece – was $69.62 billion, which is 11.48% more than 2007.
Also who ever imagined commercial real estate companies would reach celebrity status?
But that is just what happened in 2015.
The CBRE Group remained the belle of the CRE ball while Cushman & Wakefield and DTZ became last year’s dazzling mega-couple.
2016 should see much of the same as commercial real estate companies revel in the highest commercial real estate prices since that little blip in 2008.
So, if you looking for a commercial property for sale, an experienced commercial property agent or a private lender to arrange that complex commercial hard money financing, look no further.
Even if you are doing a research about the real estate market in New York you will find below all answers needed about the 10 top real estate companies in New York.
The 10 top real estate companies in New York
With $284,900,000,000 total global transactions value running among five segments in Americas, Europe, Middle East, Africa and Asia their global investments are operated by more than 52,000 broker,
CBRE are leading the real estate services in New York.
Operating 349 offices worldwide as of December 2013, CBRE is the global leader in real estate service, with thousands of successful assignments every year and wide client’s basis CBRE offers a range of services to occupiers, owners, lends and investors in office, retail, industrial m multi-family and other types of commercial real estate business.
With total investments and global transactions value of $189,700,000,000 JILL comes second after CBRE
The binge buying juggernaut policy JILL is following can flaunt current cash-flow growth (30.5 %!) Far above its closest rivals.
JILL are taking over 25700 global leasing transactions with a value of $65,000,000,000.00
Jill creates value for companies and institutions that invest in and use real estate.
They have over 58000 people across 230 corporate offices worldwide serving locally, regionally, and globally real estate in more than 80 countries.
3-Cushman & Wakefield
This 100 years old commercial real estate powerhouse is ready to take the next 100 years by storm.
The mega-merger of 2015 with DTZ has created a combined workforce of over 43,000 strong and nearly $200 billion in commercial real estate transactions.
With over 4 billion square feet of commercial property under management, you should expect an IPO sometime in 2016.
Employing more than 16000 people & offering complete range of services to its occupier and investor clients for all property types including leasing, sales and acquisitions, equity, debt and structured finance, etc…
Colliers international is a leader in global real estate offering comprehensive services to investors, property owners, and developers around the world.
Colliers professionals in 485 offices worldwide united by the spirit of enterprise with over than 15800 from different cultures embracing a culture of service excellence.
Global President, Doug Frye, said “consolidation is a reality of the commercial real estate industry, and Colliers will continue to stand out as a trailblazer.”
The company also plans to focus efforts on green building (they have over 200 LEED pros) and sustainability.
5-Newmark Grubb Knight Frank
Now part of BGC partners, NGKF manages over 250 million square feet of commercial property space around the world.
Last year the company acquired Apartment Realty Advisors, making NGKF the second largest multifamily sales firm in the country.
Together with London-based partner Knight Frank and independently owned offices, NGKF’s have 12000 professionals operates from more than 330 offices in established and emerging property markets on six continents.
NAI Global has the largest owner-operated network of commercial real estate brokerages in the world.
The company has over 6,700 commercial real estate experts around the globe.
This CRE powerhouse recently expanded its brokerage business into Shanghai by teaming up with the Sofia Group.
NAI Global providing full spectrum of services available to regional, national and international clients via their global network of independent commercial real estate brokerage companies.
Supported by the central resources of the NAI Global organization, member firms deliver market-leading services locally, and combine their in-market strengths with clients and multi-market challenges in U.S.A and / or globally.
Only in 2014, Eastdil Secured brokered 7 out of the 10 largest commercial property transactions in New York City.
And when it comes to commercial retail and office space, Eastdil always leads the pack.
Eastdil Secured is the pioneer of the real estate investment banking industry, they have participated in every real estate cycle since 1967, attaining over 40 years of real estate investment banking knowledge and experience.
8-Marcus & Millichap
Marcus & Millichap, founded in 1971 is a real estate investment service provider. In 2013, Marcus & Millichap closed more than 6,600 investment transactions for private and institutional investors.
Closing 3.7 transactions every business hour? That’s the most of any commercial real estate investment brokerage.
Marcus & Millichap has established itself as a leading investment real estate company with more than 1,400 brokers throughout the United States and Canada.
As one of the largest and most successful commercial real estate capital intermediaries in the country, HFF incorporates capital markets knowledge with the local real estate expertise to successfully complete any type of real estate transactions, regardless size or complexity.
Just one look at their recently closed transactions, including 2015’s largest Mid-Atlantic Multifamily sale, will tell you all you need to know.
Last year the company was ranked the #1 Financial Intermediary by National Real Estate Investor, with over $36 billion in arranged CRE financing.
10-Sperry Van Ness
Sperry Van Ness is an organization of affiliates with a national reach which includes primary, secondary and tertiary markets.
The Sperry Van Ness operation excels at seamlessly location investment options on behalf of clients across the country.
With a CEO like Kevin Maggiacomo, it’s easy to see why SVN has made Inc. Magazine’s list of fastest growing companies, twice.
The company has gone from 7 offices to over 190 under his watch and global expansion is set to blast off by the end of 2016.
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Above list of real estate companies in New York – U.S. data, information and surveys are from various data.
Ranks were set according to annual evaluation done by well known – trusted firms responsible for evaluating real estate market.