July 25, 2024

Where Are the Women in Investment Sales?

Other areas of the industry have diversified in recent years — not so the field of trading buildings and sites

Women in commercial real estate, especially in New York, have made great strides, but in one niche of the industry they are in danger of falling further behind.

Investment sales brokerage in the New York market — the brokers who arrange the transfer of ownership of some of the world’s most expensive buildings, development sites and complexes such as shopping centers — remains male-dominated. With one very notable exception. 

According to data from GreenStreet’s Real Estate Alert (REA), the top investment sales team in New York, with a 35 percent market share, is led by Darcy Stacom, chair and head of New York capital markets for CBRE (CBRE), the world’s largest commercial property brokerage. REA’s ranking survey showed that Stacom’s team processed five deals with an aggregate value of $2.95 billion. (Some of CBRE’s competitors have disputed this, and the numbers can fluctuate depending on the time period.)

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