Login

CBRE takes full ownership of former GE Capital loan serving JV platform

CBRE has rebranded and consolidated its global commercial real estate (CRE) loan business as CBRE Loan Services following the completion of the acquisition of the 50% interest in GEMSA Loan Services from GE Capital which it did not already own.
By James Wallace
January 14, 2016 | 4:22 P.M.

GE Capital and CBRE formed GEMSA in 2001, a joint venture which serviced on US CRE loans. Prior to GE Capital’s decision to exit real estate globally, GEMSA’s loan book had grown to approximately $140bn.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In