The world's largest real estate consultancy has returned to profitability after slipping into the red in early 2009, and its workforce is close to its 2007 peak. Revenue has continued to grow this year as property sales and leasing picked up in Europe and the United States.
Meanwhile, White seems optimistic about the market itself based on the company's performance and recent economic indicators. He offered his latest outlook on the commercial real estate and the state of the economy at this private breakfast for Milken Institute Associates.
White has been with CB Richard Ellis since 1984 and held various management positions before being named president of the company in 2001 and CEO in 2005. He is a member of the Business Roundtable, serves on the board of Edison International and Southern California Edison, and is a trustee of the University of San Francisco. White received the "Brokerage Executive of the Year" award in 2005 and "Real Estate Industry Executive of the Year" and "Brokerage Executive of the Year" awards in 2006 from Commercial Property News.
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