Insignia Financial Group Inc.
New York, NY
Insignia's real estate service businesses specialize in commercial leasing, sales brokerage, corporate real estate consulting, property management, property development and redevelopment, apartment brokerage and leasing, condominium, condominium and cooperative apartment management, real estate-oriented financial services, equity co-investment, and other services. In the United States, the key real estate services providers are Insignia/ESG, Insignia Douglas Elliman, and Insignia Residential Group Inc. Internationally, Insignia delivers services through Insignia Richard Ellis in the United Kingdom and through other subsidiaries in Europe, Asia, and Latin America, including a recent acquisition of Paris-based Groupe Bourdais (newly named Insignia Bourdais). Insignia/ESG, the company's U.S. real estate services operation, represents its largest business unit, accounting for approximately 68 percent of the company's total service revenue, providing services for approximately 235 million square feet of commercial real estate, including 161 million square feet in office properties, 55 million square feet in industrial properties, 15 million square feet in retail properties, and 4 million square feet in mixed-used properties. More recent data brings that total portfolio number to 280 million square feet of space. Approximately 5,000 employees are located in the United States, with a remaining 1,500 professionals located in Europe, Asia, and Latin America.
[Editors' Note: The company's fundamental strategy to deploy its own capital, together with the capital of third-party investors, in principal real estate-oriented ventures - new and existing - is just one strength in its three-pronged growth strategy (the others reflect leadership positions in New York City, London, Paris, and leading commercial business centers worldwide.) Bringing both a financial commitment and level of financial sophistication to its clients/partners, Insignia is weathering industry sluggishness well.]