Brokerages realign operations, goals in recession's wake

06/16/2010 | New York Times (tiered subscription model), The

Brokerages such as Cushman & Wakefield, Colliers International and Jones Lang LaSalle have their own challenges and goals as they reposition themselves after the real estate boom years. C&W's new CEO, Glenn Rufrano, is a specialist in corporate turnarounds. JLL just launched a four-year plan to grow revenue in the New York area by 50%. Others are realigning internal operations. "Having individual teams is constraining," said Mitchell Rudin, CBRE's head of the tri-state region. "Instead, we select teams for a particular assignment, mixing and matching to bring together the best resources."

View Full Article in:

New York Times (tiered subscription model), The

Published in Brief: