Commercial Brokerages Feel The Pain
Deconstruct
00:00
What's Happening With CBRE, Newmark, Etc?
CBRE, Newmark JLL and Cushman Wakefield have all posted declines in their share prices. As of November 23rd, the declines range from as little as 30% for CBRE to 55%. The fourth quarter earnings call is going to be very interesting because they're kind of bracing for it to be even worse than they expect," says Deconstruct's John Defterios.
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