Colliers (company)

Grosvenor's North American Property Business Announces Investment Team Leadership Changes

Retrieved on: 
Thursday, December 7, 2023

"Michael has been a foundational member of our executive team and a source of inspiration for people throughout our company," said Steve O'Connell, CEO of Grosvenor's North American urban property business.

Key Points: 
  • "Michael has been a foundational member of our executive team and a source of inspiration for people throughout our company," said Steve O'Connell, CEO of Grosvenor's North American urban property business.
  • "Michael has served as CIO for 12 of his 23 years with Grosvenor; he had overall responsibility for all of our Investment property transactions and oversaw our Asset Management team.
  • Michael's strong leadership within Grosvenor has left an enduring impact and he has set his team up for continued success."
  • Since 2011 he has overseen all Investment property transactions and the company's Investment portfolio across North America.

Colliers Reports Third Quarter Results

Retrieved on: 
Thursday, November 2, 2023

TORONTO, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (NASDAQ and TSX: CIGI) (“Colliers” or the “Company”) today announced operating and financial results for the third quarter ended September 30, 2023. All amounts are in US dollars.

Key Points: 
  • TORONTO, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (NASDAQ and TSX: CIGI) (“Colliers” or the “Company”) today announced operating and financial results for the third quarter ended September 30, 2023.
  • For the quarter ended September 30, 2023, revenues were $1.06 billion, down 5% (6% in local currency) and adjusted EBITDA (note 1) was $144.9 million, flat (down 1% in local currency) versus the prior year quarter.
  • Adjusted EPS (note 2) was $1.19, relative to $1.41 in the prior year quarter, impacted by higher interest expense.
  • “During the third quarter, Colliers delivered significant growth in our high-value recurring service lines, with a 12% increase in Outsourcing & Advisory and a robust 23% increase in Investment Management.

Colliers International Chairman and Owner of Skinwalker Ranch, Brandon Fugal Joins Diamond Lake Minerals as Strategic Advisor

Retrieved on: 
Wednesday, October 18, 2023

As a trusted advisor, entrepreneur and business infrastructure expert Brandon Fugal is recognized as an authority in business strategy.

Key Points: 
  • As a trusted advisor, entrepreneur and business infrastructure expert Brandon Fugal is recognized as an authority in business strategy.
  • Brandon is a prominent business leader, recognized as a market leader nationwide, previous EY Entrepreneur of the Year – Western Region and Chairman and co-owner of Colliers International in Utah.
  • “I am thrilled to join the board of Diamond Lake Minerals and look forward to assisting the team with identifying strategic opportunities,” said Brandon Fugal.
  • “I am beyond humbled that Mr. Brandon Fugal has joined our team here at Diamond Lake Minerals.

18th Annual Sam's Night Event Raises Over $1,400,000 For Duchenne Muscular Dystrophy Research

Retrieved on: 
Thursday, October 19, 2023

DALLAS, Oct. 19, 2023 /PRNewswire/ -- The Killian family, of Rockwall, are celebrating a record-breaking fundraising milestone with their annual Sam's Night event, to benefit Parent Project Muscular Dystrophy (PPMD). The 18th annual fundraiser, held on Thursday, October 12, 2023, raised an impressive sum of over $1,400,000. This fundraising success broke their previous record from last year's event when they raised $1.1 million. Thanks to its generous supporters, Sam's Night has raised $5.6 million since its inception in 2005.

Key Points: 
  • DALLAS, Oct. 19, 2023 /PRNewswire/ -- The Killian family, of Rockwall, are celebrating a record-breaking fundraising milestone with their annual Sam's Night event , to benefit Parent Project Muscular Dystrophy (PPMD).
  • The 18th annual fundraiser, held on Thursday, October 12, 2023, raised an impressive sum of over $1,400,000.
  • Thanks to its generous supporters, Sam's Night has raised $5.6 million since its inception in 2005.
  • Sam's Night (originally known as Sam's Family Fun Day) was started by the Killian family after their son Sam was diagnosed with Duchenne muscular dystrophy (Duchenne).

Colliers to Announce Third Quarter Results on November 2, 2023

Retrieved on: 
Wednesday, October 11, 2023

TORONTO, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (TSX & NASDAQ: CIGI) (“Colliers” or the “Company”) today announced that results for the third quarter ended September 30, 2023 will be issued by press release on November 2, 2023 at approximately 7:00am ET.

Key Points: 
  • TORONTO, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (TSX & NASDAQ: CIGI) (“Colliers” or the “Company”) today announced that results for the third quarter ended September 30, 2023 will be issued by press release on November 2, 2023 at approximately 7:00am ET.
  • A conference call to review these results will take place at 11:00am ET on November 2, 2023 and will be hosted by Jay S. Hennick, Chairman & CEO, Chris McLernon, CEO, Real Estate Services and Christian Mayer, CFO.
  • The telephone numbers for this call are: Local – Toronto 1-416-764-8624 and Toll Free – NA 1-888-259-6580 with conference ID 72598306.
  • For anyone unable to listen to the scheduled call, the rebroadcast number will be 1-416-764-8692 or 1-877-674-7070 with passcode 598306#.

Park & Battery Accelerates Growth Strategy with Key Leadership Appointments

Retrieved on: 
Wednesday, October 4, 2023

OAKLAND, Calif., Oct. 4, 2023 /PRNewswire-PRWeb/ -- Park & Battery, today announced six leadership appointments, both adding and promoting senior leaders across the organization. Joining the company are Russell Suthers, Creative Director; Greg Cavaluzzo, Vice President, Integrated Marketing & Media; and Chad Young, Vice President, Global Business Operations. The company has also designated Rebecca Falk as Partner and Senior Vice President, Client Services, and Jenny Truong as Associate Creative Director, Design.

Key Points: 
  • OAKLAND, Calif., Oct. 4, 2023 /PRNewswire-PRWeb/ -- Park & Battery , today announced six leadership appointments, both adding and promoting senior leaders across the organization.
  • Park & Battery's key leadership appointments come in support of the agency's exponential second-year growth.
  • Chad Young joins Park & Battery as VP, Global Business Operations, spearheading targeted growth strategies, operational excellence, human resources, talent acquisition, and retention.
  • With these strategic appointments, Park & Battery is well-positioned to accelerate its growth, further enhance its throughput and client experience, and to deliver breakthrough ideas that create value for brands globally.

qbiq Secures $10M in Seed Funding to Accelerate Real Estate Deals with Generative AI Space Planning and Visualization Platform

Retrieved on: 
Wednesday, September 20, 2023

TEL AVIV, Israel, Sept. 20, 2023 /PRNewswire/ -- qbiq, the generative AI and visualization platform for real estate space planning, today announced that it has raised $10M in seed funding from strategic investors including JLL Spark Global Ventures as well as 10D, Ocean Azul, Randomforest and M-FUND, to use generative AI to instantly unlock the potential of any space and accelerate decision making. This new funding will continue to support qbiq's rapid growth and deepen its market presence in the US.

Key Points: 
  • First-of-its-kind GenAI planning and visualization platform instantly creates customized layout alternatives and 3D virtual tours, reducing space planning turnaround time from weeks to minutes.
  • TEL AVIV, Israel, Sept. 20, 2023 /PRNewswire/ -- qbiq , the generative AI and visualization platform for real estate space planning, today announced that it has raised $10M in seed funding from strategic investors including JLL Spark Global Ventures as well as 10D, Ocean Azul, Randomforest and M-FUND, to use generative AI to instantly unlock the potential of any space and accelerate decision making.
  • Real-estate transactions rely on space planning decisions that are based on questions of fit, cost, and ROI optimization.
  • qbiq's generative AI and visualization platform is delivering the most advanced technology for space design and optimization in the real estate industry, accomplishing in a matter of minutes, what used to take weeks.

Amerant Bank Announces New Broward County Regional Headquarters

Retrieved on: 
Thursday, September 7, 2023

MIAMI, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Amerant Bank , the largest community bank headquartered in Florida, today announced its commitment to a new Broward County Regional Headquarters.

Key Points: 
  • MIAMI, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Amerant Bank , the largest community bank headquartered in Florida, today announced its commitment to a new Broward County Regional Headquarters.
  • The new Broward headquarters will be located within the Cornerstone One Building, 1200 South Pine Island Road, Plantation, Florida, where Amerant will occupy approximately 12,000 square feet.
  • With this new location, Amerant Bank will now have approximately half of its 600 plus member workforce working in Broward County.
  • “Our new Broward County regional headquarters demonstrates our commitment to this strong and growing market,” said Jerry Plush, Chairman and CEO of Amerant .

With a fourth and final ribbon cutting, Gilbane celebrates the completion of South Windsor's Elementary Schools Master Plan

Retrieved on: 
Friday, September 8, 2023

SOUTH WINDSOR, Conn., Sept. 8, 2023 /PRNewswire-PRWeb/ -- Representatives from the Board of Education, State of Connecticut, and the Town of South Windsor, alongside school/building committee members, students, faculty, and residents, joined Gilbane Building Company, Drummey Rosane Anderson, Inc., and Colliers International to celebrate the official ribbon cutting ceremony for Pleasant Valley Elementary School.

Key Points: 
  • Completion of the 102,000-SF school marks the third and final phase of South Windsor's 10-year elementary schools master plan, which encompassed the replacement of four elementary schools in the district.
  • Gilbane successfully delivered the Eli Terry, Orchard Hill, and Philip R. Smith Elementary Schools as part of the first two phases of the plan.
  • South Windsor's three-phase, 10-year elementary schools master plan addressed aging facilities and a changing population.
  • The highly anticipated Orchard Hill Elementary School was the first and largest project to be completed under the master plan.

CP Group Announces Four New Leases at Harris Corners in Charlotte, NC

Retrieved on: 
Tuesday, August 22, 2023

CP Group , a vertically integrated commercial real estate and management firm, today announced four new leases at Harris Corners — its three-building, Class A office campus totaling 365,000 square feet in Charlotte, North Carolina.

Key Points: 
  • CP Group , a vertically integrated commercial real estate and management firm, today announced four new leases at Harris Corners — its three-building, Class A office campus totaling 365,000 square feet in Charlotte, North Carolina.
  • Fitzpatrick Engineering Group (FEG), PLLC, a structural engineering firm relocating from Cornelius, signed a lease for 3,200 square feet.
  • “We found Harris Corners a great central location for our team, with very convenient access to both I-77 and I-485.
  • CP Group acquired Harris Corners, consisting of one four-story and two five-story Class-A office buildings, in July 2021.