5 Largest Property Management Companies in the US

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1. CBRE Group Inc (NYSE:CBRE)

Number of Units Managed: N/A

Assets Under Management: $143.9 billion

CBRE Group Inc (NYSE:CBRE) is considered to be one of the world’s leading real estate services and investment companies.

The company aims to provide sustainable investment solutions across real asset classes, regions, risk levels, and execution styles. CBR Group Inc (NYSE:CBRE) is in charge of managing more than $143.9 billion in assets, making it one of the top real assets investment managers in the world. For the year ended September 30, 2022, CBRE Group Inc’s (NYSE:CBRE) revenue was $31.184 billion, reflecting an increase of 19.45% from the previous year. The company operates over 30 offices across the world and boasts a team of more than 1000 professionals.

Third Avenue Management shared its outlook on CBRE Group Inc (NYSE:CBRE) in its Q4 2022 investor letter. Here’s what the firm said:

“The Fund also added to its existing positions in the common stock of CBRE Group, Inc. (NYSE:CBRE) and Savills plc—both “net cash” real estate brokerage and services firms that have “outsider” attributes in their own right having reshaped their business mix in recent years with (i) the addition of significant recurring revenues through property management and investment management mandates and (ii) expanded expertise to capitalize on the rapidly changing dynamics in the office markets by providing advisory, appraisal, sustainability, and flexible office solutions for tenants, owners, and lenders.”

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