Goldman Sachs Believes in Real Estate Services Company

gsHow about a (relatively) lighter note? Goldman Sachs has shown confidence in the market and picked up a stake in CB Richard Ellis. Goldman Sachs snagged more than 22 million shares of CBRE, an 8.7% stake, for almost nine figures. Real estate services stocks are low right now... Good pickup for Goldman Sachs? How should they apply their expertise?Source: The Real Deal

NYC Daily Real Estate Blog

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