Trending
![Fortress takes back Fort Lauderdale marina, RV park in $86M deed in lieu of foreclosure](https://static.therealdeal.com/wp-content/uploads/2024/07/ft_MIA_Fortress-Fort-Lauderdale-marina-150x106.jpg)
![Manhattan Beach property breaks city record again with $24.5M trade](https://static.therealdeal.com/wp-content/uploads/2024/07/LA-Strand-trade-at-24.5M-breaks-record-for-Manhattan-Beach-FEATUREIMG_v2-150x106.jpg)
![Manhattan parking giant Icon scooped up by Broe Group and Hudson Valley Parking Trust](https://static.therealdeal.com/wp-content/uploads/2024/07/ft_NY_ICON-Parking-150x106.jpg)
![CBRE sues suburban shopping center landlord in another leasing dispute](https://static.therealdeal.com/wp-content/uploads/2024/07/CBRE-lawsuit-over-commissions-f-150x106.jpg)
CBRE acquires majority stake in Caledon Capital Management
Toronto firm manages $7B in assets for institutional clients
![Ritson Ferguson](https://static.therealdeal.com/wp-content/uploads/2017/06/Ferguson_Ritson-Ferguson_326x248.jpg)
From TRD Los Angeles: CBRE acquired a majority interest in Toronto-based investment management company Caledon Capital Management, the commercial real estate firm announced Friday.
Caledon, which manages about $7 billion in assets for its predominantly institutional clients and specializes in private infrastructure and private equity investments, will operate as a separate business unit under CBRE Global Investors.
It will be renamed CBRE Caledon Capital Management.
“Caledon’s market-leading investment solutions are a logical extension to our existing suite of real estate and infrastructure investment solutions,” CBRE Global Investors CEO Ritson Ferguson said in a statement.
The deal is expected to close later this year.