Blog

10 062015

CORFAC Welcomes New Firms as the Brokerage Landscape Continues to Shift

In recent months CORFAC International has welcomed two new firms -- Baltimore’s Blue & Obrecht Realty and Chattanooga, TN-based McCormick & Company Commercial Real Estate – while the brokerage industry continues to experience mergers and a shifting landscape. Earlier this year CORFAC also added new international affiliates in France (BG Carré/CORFAC International) and Spain (P&A

03 062015

CORFAC’s European Firms Gather for Two-Day Conference in Paris

Over the last three and a half years, CORFAC International’s European presence has grown dramatically. Since the fall of 2011, CORFAC International has expanded with 10 new firms in Europe and several in other key global markets. On May 27-28 CORFAC International held its spring semiannual European Conference in Paris, France. The European affiliates have

05 052015

Texas and Mexico CORFAC Firms Network for Business over BBQ

[caption id="attachment_1145" align="alignright" width="300"] The idea to get all CORFAC firms in Texas and Mexico together was born out of a conversation between Mike Boyd (pictured standing on the left, with hat on) and Dan Gostylo (R) during the CORFAC International Spring Conference in Miami a couple months ago.[/caption]   [caption id="attachment_1146" align="alignright" width="300"] L-R

17 122014

Happy Holidays!

The 2015 Executive Committee and new staff are working hard to open the new office in Chicago, bring affiliates a great conference in Miami, FL in March, and to introduce you to the #NewCORFAC. Watch this blog for more information in 2015.  Until then, Happy Holidays to you and your families.

15 122014

CORFAC’s 2015 Leadership Team

CORFAC International announced the 2015 leadership team,  led by President Scott Savacool, CCIM, SIOR, and new Executive Director Jonathan Salk. 2015 Executive Committee President: Scott Savacool, CCIM, SIOR, Sansone Group/CORFAC International (St. Louis, MO) Vice President: John R. Homsher, CCIM, Podolsky|Circle CORFAC International (Chicago, IL) Treasurer:  G. Raymond Lyons, SIOR, CCIM, MRICS, Thomas L. Johnson

10 122014

CORFACbid – Online Auction Program Proves Successful for Challenging Property

For more than two years, I had a listing for a ±20,000 SF building in  Long Beach, CA, previously occupied as a telephone switching station. Even after co-brokering with a data center specialist, we struggled to find a buyer. Finally, I turned to LFC and the CORFACbid Accelerated Marketing Program. They thoroughly explained what they

08 122014

CORFAC’s Multi-Market Deals

CORFAC Affiliates have been busy referring business to each other and serving their clients across markets in 2014.  Here are a couple of the recently completed multi-market transactions. Invacare was represented by Bill Johnston of King Industrial Realty, Inc./CORFAC International in an Industrial Lease transaction of 74,140 sq. ft. in Lawrenceville, GA. The referring broker

03 122014

Crowdfunding in #CRE

According to a new blog from mipm worldblog, "Crowdfunding is changing the face of real estate investment as fund raising platforms have already collected over $100 million for properties across the U.S. in 2014." Crowdfunding is a trend in CRE that isn't going away. The loosening of the laws defining how funds and private companies

01 122014

NAR #CRE Outlook

NAR’s latest Commercial Real Estate Outlook offers overall projections for four major commercial sectors and analyzes quarterly data in the office, industrial, retail and multifamily markets. Historic data for metro areas were provided by REIS, Inc., a source of commercial real estate performance information. Download the report here: http://www.realtor.org/reports/commercial-real-estate-outlook

24 112014

CORFAC Affiliates Meet in Milan, Italy

CORFAC's European Affiliates met in Milan on November 18 and 19.  At the end of the second day , Monitorimmobiliare asked Alistair Subba Row of Farebrother/CORFAC International in London to share some information about affiliation and the meeting.

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Locally Owned. Globally Connected

CORFAC International is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail brokerage, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. Founded in 1989, CORFAC has 49 offices in the U.S., 5 in Canada and 17 in international markets, including Australia, Colombia, France, Germany, Ireland, Israel, Italy, Japan, Mexico, Romania, Russia, South Korea, Switzerland and the United Kingdom. CORFAC offices completed more than 10,000 lease and sales transactions totaling 620 million square feet of space valued in excess of $8.2 billion in 2018.