Colliers elevates U.S. multifamily presence
Rhea-AI Summary
Colliers (NASDAQ/TSX: CIGI) has announced the acquisition of Greystone Sales Group, LLC (GREA Dallas), a prominent multifamily investment sales firm in Texas. The strategic acquisition brings 25 professionals who serve private and institutional investors nationwide, strengthening Colliers' presence in one of the country's most dynamic multifamily markets.
The acquisition aligns with Colliers' national multifamily capital markets strategy, capitalizing on Dallas's strong economic fundamentals, population growth, and investment activity. While financial terms were not disclosed, the integration aims to enhance Colliers' service delivery capabilities in the multifamily real estate sector both in Texas and nationally.
Positive
- Strategic expansion into one of the most dynamic U.S. multifamily markets
- Addition of 25 experienced professionals to strengthen service capabilities
- Enhanced presence in the growing Texas real estate market
- Expansion of client base to include both private and institutional investors
Negative
- Financial terms of the acquisition not disclosed, limiting assessment of deal value
News Market Reaction 1 Alert
On the day this news was published, CIGI declined 0.20%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Acquisition of GREA Dallas expands multifamily sales capabilities
TORONTO and DALLAS, Sept. 09, 2025 (GLOBE NEWSWIRE) -- Leading diversified professional services and investment management firm Colliers (NASDAQ and TSX: CIGI) today announced the acquisition of Greystone Sales Group, LLC (“GREA Dallas”). Details of the transaction were not disclosed.
GREA Dallas is a prominent multifamily investment sales firm in Texas. The firm’s 25 professionals serve private and institutional investors nationwide.
“Dallas continues to be one of the most dynamic multifamily markets in the country,” said Gil Borok, President & CEO, U.S. & LATAM at Colliers. “Its strong economic fundamentals, population growth, and investment activity make it a key focus of our national multifamily capital markets strategy. The GREA Dallas team brings deep expertise and a proven track record, and allows us to further elevate our presence nationally and deliver best-in-class service.”
“We are thrilled to become part of a firm that has an exceptional record as one of the world’s most respected real estate service businesses,” said Todd Franks, Chairman and Founding Partner of GREA Dallas. “Joining Colliers enhances our ability to deliver unparalleled service across the multifamily real estate sector in Texas and nationally. We look forward to leveraging Colliers’ established platform and collaborating with their talented specialists to continue driving exceptional outcomes for our clients in sales and financing of this important asset class."
About Colliers
Colliers (NASDAQ, TSX: CIGI) is a global diversified professional services and investment management company. Operating through three industry-leading platforms – Real Estate Services, Engineering, and Investment Management – we have a proven business model, an enterprising culture, and a unique partnership philosophy that drives growth and value creation. For 30 years, Colliers has consistently delivered approximately
Company Contacts:
Christian Mayer
Chief Financial Officer
(416) 960-9500
Gil Borok
President & CEO, U.S. & LATAM
(818) 325-4104