Darcy Stacom leaving CBRE
Darcy Stacom is going out on her own and starting a firm. Does anyone have insight?
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Short CBRE stock. Only thing keeping them afloat is appraisal.
damn right, been telling everyone this for years!
/s
Had to google who that even is. Impressive career. Good on her for starting her own firm.
Serious question - what kind of fees does Darcy's team even take down on these mega deals? I assume its large enough to warrant a look from leadership to keep her on but is it really material as a percentage of CBRE's $30* Billion+ in revenue?
From the CB website: "In her 40+ year career, Ms. Stacom has completed well over $145 billion in sales, financing, joint venture, leasehold, and development transactions.".
Lets say average fee is 0.75% for these larger deals. 0.75% x $145B = $1.08B in fees. Now lets split 65/35 (with 35 to house for such a senior broker).
0.35 x $1.08B fees = $378M in lifetime fees to CBRE. Now lets divide by 40ish to get an annual number = $378M / 40 = $9.45M in lost fees every year for CBRE.
unoffically, commission for the Sty Town deal was 0.09%, still thats $5MM given the price. commissions work differently at these price points. It's not brokering agency debt.
Those fees are WAY off...no way she made even close to that
My experience especially on larger deals is the Fees are much much smaller
My gut tells me something happened with her and CBRE as starting your own brokerage shop is not that smart a move
Not to mention she’s probably cross selling other CB service lines like LL leasing/property management etc. or at least getting them a foot in the door with her clients from time to time
Darcy was the top dog in NYC sales for maybe a decade. She took home $30M+ in her best year, and over $15M many other years. They specialized in trophy office, so market the last few years fucked them.
NYC CRE Legend.
did she really make $30 million in one year?
maybe has something to do with the office equipment she threw at people over the years
Stapler to the dome*
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