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"Our people have stepped up to help clients navigate COVID-19's challenges and also answered the call within their communities," Bob Sulentic, CBRE's president and chief executive officer, said in prepared remarks.
After the market's plunge in March, the mortgage REIT issued a going concern warning that it may not have enough liquidity to meet its obligations and keep its operations afloat.
Sean Raft will utilize his work with Urban Catalyst to assist the group in addressing the legislative and economic issues, relevant to Opportunity Zones.
Completing a $1.5 million lease expansion, the company will occupy Gladstone Commercial Corporation's entire 103,000-square-foot, class-A office building.