This CEO sees growth ahead for the Los Angeles real estate market
by Roger Vincent, Los Angeles Times
Nov 27, 2019
3 minutes
LOS ANGELES - The world's largest real estate services firm, CBRE Group Inc., is one of only a handful of Fortune 500 firms based in Los Angeles.
The company has had a growth spurt since the last real estate downturn ended, posting new revenue records for eight consecutive years and finishing the third quarter with a profit of $257 million.
Los Angeles real estate has been a thriving business during that time, driven in part by substantial investments from financiers in other countries including China, Canada and South Korea.
"For three years
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