Mar
03
Coldwell Banker Commercial Gets Revitalized
ByCBC Advisors has entered into a definitive agreement to acquire Coldwell Banker Commercial Alliance from a New York-based REIT.
Lew Cramer, Coldwell Banker Commercial Advisors
Salt Lake City—New life will soon be breathed into the century-old Coldwell Banker Commercial brand, courtesy of a merger between its two largest affiliates. Coldwell Banker Commercial Advisors has agreed to acquire Coldwell Banker Commercial Alliance from Sutherland Asset Management, a commercial loan REIT.
It will be quite an overnight expansion for CBC Advisors, which is not just growing for growth’s sake. “CBC Advisors invests in creating, developing, and maintaining the tools and technology that commercial real estate agents need to effectively advise clients, and our growth is a direct result of a that approach,” Lew Cramer, president & CEO of CBC Advisors, told Commercial Property Executive. “All of our growth prior to this acquisition has been entirely organic as brokers from competing firms discovered the opportunity to expand their business under the superior CBC Advisors platform.”…
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