An anonymous industry source, who is not involved in thepotential deal, tells GlobeSt.com that the talk of this particularmerger is "pretty strong," and came as no surprise. "Lots of peopleare hearing the same thing and we are hearing it loud and clear,"the source says. The source says that all the big players arealways talking about consolidating their platform to make itstronger.


Finnegan

The attraction of GVA to Colliers is most likely that it has anational platform, the source says. "The overall motivation isdifficult to understand, but in New York, GVA is a better fit forColliers platform." Abrams Benisch & Riker, the Manhattanaffiliate of Colliers International, otherwise known as ColliersABR, is the big question, the source says. "I have no idea whatwould happen to ABR."

GVA Williams does export a lot of corporate business, that isnot Colliers ABR's motivation, the source says. "The way ColliersInternational works is that ABR is a franchisee and there is noownership link, so it would stand on its own in New York."

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Natalie Dolce

Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.