The Real Deal Miami

FDIC hires CB Richard Ellis

November 26, 2008 04:06PM

The Federal Deposit Insurance Corporation has hired CB
Richard Ellis as its primary real estate adviser. CBRE will handle all of
FDIC’s real estate assets in the U.S., including assets in Puerto Rico and the U.S.
Virgin Islands. Many of these assets have come to the FDIC recently because it
has inherited property from failed financial institutions.