Brokerage Firms Ride Leasing Comeback To Surprisingly Strong Quarter

For brokers who thrive on the daily grind of chasing deals, the past few years have been tough to say the least.

Last year, while interest rates were rising and transactions were frozen, brokerage giants reported negative cash flows and were forced to make painful budget cuts. To stem losses, many stopped hiring or laid off employees.

But the past few months have seen a seismic shift.

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RSK: Finally some good news thanks to retail, Industrial and even office leasing.