William Blair research analyst Stephen Sheldon is quoted in this FundFire piece centered on Colliers International Group’s acquisition of Denver-based Versus Capital, a $6 billion real estate fund manager.
Sheldon shared with the outlet his industry perspective, noting that other commercial real estate firms similar to Colliers have taken a similar approach to their acquisition strategy. He further explains that since the recession, Colliers has been acquiring assets that provide both revenue and profit from “recurring sources”.