What does the abbreviation CBRE stand for?

Prepare for the RECA Commercial Exam. Study with flashcards and multiple choice questions, with hints and explanations. Be exam-ready!

The abbreviation CBRE stands for Coldwell Banker Richard Ellis, which is a well-established and prominent commercial real estate services and investment firm. The name reflects the company's origins, as it was formed by the merger of several real estate businesses, including the Coldwell Banker brand, which has a long history in the real estate industry. This firm provides a range of services, including property management, leasing, investment sales, and advisory services, making it a key player in the commercial real estate sector.

Other options, while they may sound plausible or have components related to real estate, do not accurately reflect the recognized name or history of the CBRE organization. Understanding this context is crucial, especially when recognizing the significance of established brands in the commercial real estate market.

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