As a result of our continued company’s growth, I am excited to see how we can expand our portfolio

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As a result of our continued company’s growth, I am excited to see how we can expand our portfolio to invest in a company that would bring us a good rate of return. Our main business as you know is residential real estate, therefore, I propose investing in a strong commercial real estate company that would allow us to reap the benefits from the recent surge in the commercial market demand. My commercial real estate company of choice is CBRE Group, Inc. There US headquarters are located at 11150 Santa Monica Boulevard, Suite 1600, Los Angeles, California 90025. CBRE is one the largest commercial real estate service companies with an industry classification as real estate investment trusts. There fiscal year ends on December 31, 2013. The…show more content…
The earnings per share of common stock for 2013 was $1.43 and the market price per stock as of Friday, April 25, 2014 was $26.08. The stock price 52 week high was $28.44 and the 52 week low is $20.59. However, the firm did not declare cash dividends on its common stock. The firm also invested in securities in addition to its long term real estate acquisitions. The total amounts trading securities is $58,442 and the total available for sale securities was $56,800. CBRE total long term debt is $1,798,435.
CBRE Group’s financial reports were audited by KPMG LLP, an independent registered public accounting firm. They checked that the documents were free from material misstatements and assessed any material weakness. KPMG LLP determined that the consolidated financial statements reflected in the Annual Report presented fairly the financial position of CBRE Group, Inc.
The firm complied with the Sarbanes Oxley Act. The CEO declared that the financial statements filed with the SEC fairly presented its operations and financial condition of CBRE Group.
The CEO of CBRE Group, Robert Sulentic, in the 2013 Annual Report showed shareholders a solid present financial standing with an appreciation in share price of 32%, an increase in revenue by 10% and an increase in Net Income of 19% to $474.3 million. He also showed how they increase their financial flexibility by decreasing their corporate debt and annual interest expense by about $500

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