Contracted real estate manager CB Richard Ellis Group, Inc.
Start Date 2011-00-00
Is Current yes
Goods "In 2011, the Postal Service awarded Blum's firm an exclusive contract to service its $85 billion real estate portfolio. According to the audit, CBRE has made tens of millions of dollars on deals that have damaged the financial interests of the Postal Service. The inspector general says that CBRE employees may have coerced commissions from landlords during leasing negotiations. He has also marshaled evidence revealing conflicts of interest in CBRE's dealings with buyers of postal properties."
Updated over 8 years ago

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