5 Largest Property Management Companies in the US

2. Colliers International Group Inc (NASDAQ:CIGI)

Number of Units Managed: N/A

Assets Under Management: $92 billion

With over 18,000 professionals spread across more than 400 locations in 63 countries, Colliers International Group Inc (NASDAQ:CIGI) is a global professional service and investment management organization.

The company’s EMEA Property Management team oversees more than 20 million square meters of real estate in 12 countries, covering all major asset classes. Colliers International Group Inc (NASDAQ:CIGI) has managed to generate compound yearly investment returns of about 20% for over 27 years. As of 2023, the company has assets under management of $92 billion and generates around $4.6 billion in annual revenue. The U.S. is the largest source of revenue for Colliers International Group Inc (NASDAQ:CIGI) out of the 63 nations it operates in.

Here’s what Argosy Investors said about Colliers International Group Inc (NASDAQ:CIGI) in its Q1 2022 investor letter:

“CIGI is a commercial real estate broker, and CRE brokers have typically seen commissions evaporate during economic downturns, as sales plummet. With rising interest rates, we expect owners of assets will be less likely to unload their holdings, while there could be some pressure on real estate valuations over time if interest rates remain higher than the historic lows they reached during the recession. All of this may pressure transaction volumes in the short-term and transaction values (and thus commissions) in the next few years. CIGI is transitioning away from the commission-driven CRE model towards a higher recurring revenue focus, but they are still not yet far enough beyond that foundation to avoid a significant hit to their earnings.”