Other Trends to Track – Cyber Security, License Portability, Mergers and Acquisitions, etc.
In the process of T3 Sixty interviewing industry executives, a number of trends were mentioned as having a lesser but still potential impact on commercial real estate. In this report …
Berkshire Hathaway Takes Another Huge Step into Real Estate
In the 1990s only about 20 percent of the top 10 major residential real estate brokerage brands were owned by public entities, by 2012 that number had exploded to 80.In this report T3 Sixty takes a deep dive into the consolidation of the brokerage industry and specifically the acquisitions of Berkshire Hathaway.
Consolidation – Field of Dreams
Consolidation in the real estate industry in the form of mergers and acquisitions (M&A) had primarily been generated by companies flush with cash or those with superior management talent.The primary driver has usually been to gain market share through expanded relationships or agent count. In 2011, however, there was another strong driver in the mix survival.