- What Clifton Blake and Metropolitan Commercial Realty have merged
- Why The merger will enhance Clifton Blake’s off-market dealing and market intelligence
- What next The brokerage will operate as CB Metropolitan Commercial
Clifton Blake has merged with brokerage Metropolitan Commercial Realty, rebranding as CB Metropolitan Commercial.
The deal adds Metropolitan’s network of more than 250 brokers to Clifton Blake’s investment and asset management operations. This, Clifton Blake said, will enhance the firm’s ability to source off-market deals.
“By adding a commercial brokerage to our in-house capabilities, we now control a broader segment of the real estate value chain, from origination and underwriting, to lending, construction, leasing and property management,” said KC Daya, Clifton Blake’s chief executive.
CB Metcom clients will gain access to Clifton Blake’s lending and investment services. The brokerage’s presence in major commercial markets will support Clifton Blake’s local market intelligence and capital markets strategies.
“Our brokerage team now operates within a fully integrated real estate platform, supported by capital, lending, and development expertise,” said CB Metcom president Ming Zee.
The merger comes a year after Clifton Blake merged with Wilkinson Construction to form CB Wilkinson, a fully integrated development and construction firm based in Toronto.
