{"id":1004102543,"date":"2014-08-20T06:19:28","date_gmt":"2014-08-20T14:19:28","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004102543"},"modified":"2022-12-06T20:12:17","modified_gmt":"2022-12-07T04:12:17","slug":"bbg-adds-leitner-group-to-fold","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/bbg-adds-leitner-group-to-fold\/","title":{"rendered":"BBG Adds Leitner Group to Fold"},"content":{"rendered":"
\"Diane<\/a>

Diane Butler<\/p><\/div>\n

By Keith Loria, Contributing Editor<\/p>\n

Butler Burgher Group has acquired Leitner Group Inc., which will serve as its New York City office. The purchase creates the fastest-growing independent valuation and consulting firm in the U.S.<\/p>\n

\u201cWe needed a strong presence in New York City to position the firm for the financial services and lending industry,\u201d Diane Butler, BBG\u2019s CEO, told Commercial Property Executive<\/i>. \u201cOur company continues to be focused on growth and our independent, unbiased approach. The independence really makes BBG unique, and we are the best choice in providing unbiased valuations on CRE. We are singularly focused on due diligence to support the industry.\u201d<\/p>\n

For the time being, the New York office will operate as \u201cLeitner Group, now part of BBG,\u201d with plans eventually to transition over to just “BBG.” Joel Leitner, Leitner Group\u2019s founder, will continue to lead the New York office, working closely with Susan Kominski, BBG\u2019s senior managing director for the Eastern region.<\/p>\n

\u201cJoel has a great reputation in New York and as such has tremendous respect by participants in this major market,\u201d Butler said. \u201cThis move fills in the map for us. Having a major presence in New York City with a firm of Joel\u2019s caliber and presence allows us to take advantage of all of the lending activity, which is centered there.\u201d<\/p>\n

The affiliation provides the Leitner Group with a national footprint as well as BBG\u2019s branding and advanced technology platform, and strengthens both firms\u2019 capacity to take on large portfolio assignments. Additionally, the firms\u2019 shared independent status makes for an ideal affiliation that benefits clients first and foremost.<\/p>\n

\u201cThe growth in real estate transactions and lending for CRE overall makes this very attractive. The industry is definitely forecast to be robust over the next two to three years, with CMBS maturities at their highest point and overall demand for financing in CRE assets,\u201d Butler said. \u201cTogether, we bring greater capabilities to service the CRE industry, especially on large portfolios.\u201d<\/p>\n

Currently, BBG ranks among the five largest valuation and consulting firms, with 21 offices nationwide. The New York office executes appraisals across all commercial sectors, including office, retail, multi-family and industrial, with special expertise in portfolio projects.<\/p>\n","protected":false},"excerpt":{"rendered":"

Butler Burgher Group has acquired Leitner Group Inc., which will serve as its New York City office. The purchase creates the fastest-growing independent valuation and consulting firm in the U.S.<\/p>\n","protected":false},"author":755,"featured_media":1004102544,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742,10],"tags":[],"class_list":["post-1004102543","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest","category-northeast"],"acf":[],"yoast_head":"\nBBG Adds Leitner Group to Fold - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/bbg-adds-leitner-group-to-fold\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BBG Adds Leitner Group to Fold\" \/>\n<meta property=\"og:description\" content=\"Butler Burgher Group has acquired Leitner Group Inc., which will serve as its New York City office. 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