Michael J.  Lafitte net worth and biography

Michael Lafitte Biography and Net Worth

Insider of CBRE Group
Mike Lafitte is Global Chief Executive Officer (CEO) for CBRE’s Real Estate Investments (REI) business segment, which includes CBRE Investment Management, the company’s global real asset investment management business with assets under management of $125 billion and Trammell Crow Company (TCC), its real estate development business. This business segment produced more than $250 million of adjusted EBITDA in 2020. Mr. Lafitte additionally serves as the CEO of TCC, where he is responsible for the management and day-to-day operations of the Company. Mr. Lafitte serves on the CBRE’s Executive Committee and is Executive Sponsor for CBRE African-American Network Group (AANG). He is also the chairman of the TCC Executive Committee and a member of the TCC Investment Committee.

Mr. Lafitte previously served as Global Chief Executive Officer of CBRE’s Advisory Services business. Earlier he served in a number of executive leadership roles, including Global Group President, Chief Operating Officer, President Americas and President Institutional & Corporate Services.

Mr. Lafitte joined CBRE through the acquisition of TCC in 2006. He joined TCC in 1997 and served in various roles including President of Global Services, Chief Operating Officer of Global Services, Regional Director of the Central region of the U.S. and Dallas Market Leader.

Mr. Lafitte has been in the commercial real estate industry since 1984 when he joined Lincoln Property Company in Dallas and also served in production, leadership and development roles with Bear Stearns and PREMISYS Real Estate Services, an affiliate of Prudential Life Insurance Company.

What is Michael J. Lafitte's net worth?

The estimated net worth of Michael J. Lafitte is at least $42.10 million as of June 10th, 2020. Mr. Lafitte owns 325,957 shares of CBRE Group stock worth more than $42,100,606 as of December 21st. This net worth approximation does not reflect any other investments that Mr. Lafitte may own. Learn More about Michael J. Lafitte's net worth.

How do I contact Michael J. Lafitte?

The corporate mailing address for Mr. Lafitte and other CBRE Group executives is 400 SOUTH HOPE STREET 25TH FLOOR, LOS ANGELES CA, 90071. CBRE Group can also be reached via phone at (214) 979-6100 and via email at [email protected]. Learn More on Michael J. Lafitte's contact information.

Has Michael J. Lafitte been buying or selling shares of CBRE Group?

Michael J. Lafitte has not been actively trading shares of CBRE Group during the last ninety days. Most recently, Michael J. Lafitte sold 7,406 shares of the business's stock in a transaction on Friday, February 25th. The shares were sold at an average price of $98.00, for a transaction totalling $725,788.00. Learn More on Michael J. Lafitte's trading history.

Who are CBRE Group's active insiders?

CBRE Group's insider roster includes Brandon Boze (Director), Lindsey Caplan (CAO), Chandra Dhandapani (Insider), John Durburg (CEO), Emma Giamartino (Insider), Shira Goodman (Director), Christopher Jenny (Director), J. Christopher Kirk (COO), Vikramaditya Kohli (COO), Michael Lafitte (Insider), Laurence Midler (EVP), Daniel Queenan (CEO), Robert Sulentic (CEO), and Raymond Wirta (Director). Learn More on CBRE Group's active insiders.

Are insiders buying or selling shares of CBRE Group?

In the last twelve months, insiders at the financial services provider sold shares 9 times. They sold a total of 68,639 shares worth more than $6,972,921.01. The most recent insider tranaction occured on November, 15th when CFO Emma E Giamartino sold 1,815 shares worth more than $238,382.10. Insiders at CBRE Group own 0.5% of the company. Learn More about insider trades at CBRE Group.

Information on this page was last updated on 11/15/2024.

Michael J. Lafitte Insider Trading History at CBRE Group

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
2/25/2022Sell7,406$98.00$725,788.00View SEC Filing Icon  
11/3/2021Sell10,468$104.82$1,097,255.76View SEC Filing Icon  
6/10/2020Sell39,196$51.73$2,027,609.08325,957View SEC Filing Icon  
11/18/2019Sell26,759$56.02$1,499,039.18335,364View SEC Filing Icon  
3/11/2019Sell32,706$50.54$1,652,961.24372,946View SEC Filing Icon  
5/10/2018Sell16,775$47.23$792,283.25339,780View SEC Filing Icon  
2/15/2018Sell25,888$44.86$1,161,335.68284,834View SEC Filing Icon  
8/22/2017Sell27,775$35.71$991,845.25308,567View SEC Filing Icon  
6/28/2017Sell15,000$37.02$555,300.00369,774View SEC Filing Icon  
2/14/2017Sell15,000$35.00$525,000.00308,053View SEC Filing Icon  
12/8/2016Sell15,000$33.01$495,150.00323,053View SEC Filing Icon  
9/7/2016Sell25,000$29.90$747,500.00338,053View SEC Filing Icon  
4/28/2016Sell15,000$31.04$465,600.00369,612View SEC Filing Icon  
8/19/2014Sell28,565$31.50$899,797.50View SEC Filing Icon  
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Michael J. Lafitte Buying and Selling Activity at CBRE Group

This chart shows Michael J Lafitte's buying and selling at CBRE Group by year and by quarter.

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CBRE Group Company Overview

CBRE Group logo
CBRE Group, Inc. operates as a commercial real estate services and investment company in the United States, the United Kingdom, and internationally. The Advisory Services segment offers strategic advice and execution to owners, investors, and occupiers of real estate in connection with leasing of offices, and industrial and retail space; clients fully integrated property sales services under the CBRE Capital Markets brand; clients commercial mortgage and structured financing services; originates and sells commercial mortgage loans; property management services, such as marketing, building engineering, accounting, and financial services on a contractual basis for owners of and investors in office, industrial, and retail properties; and valuation services that include market value appraisals, litigation support, discounted cash flow analyses, and feasibility studies, as well as consulting services, such as property condition reports, hotel advisory, and environmental consulting. The Global Workplace Solutions segment provides facilities management, including day-to-day management of client-occupied space, headquarters, regional offices, administrative offices, data centers and other critical facilities, manufacturing and laboratory facilities, and distribution facilities and retail space; and project management services comprising building consulting, program, and project and cost management services under the Turner & Townsend brand name. The Real Estate Investments segment offers investment management services under the CBRE Investment Management brand to pension funds, insurance companies, sovereign wealth funds, foundations, endowments, and other institutional investors; and development services, such as real estate development and investment activities under the Trammell Crow Company and Telford Homes brands to users and investors in commercial real estate, and for their own account. CBRE Group, Inc. was founded in 1906 and is headquartered in Dallas, Texas.
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Today's Range

Now: $129.16
Low: $126.40
High: $130.25

50 Day Range

MA: $132.79
Low: $122.17
High: $140.76

2 Week Range

Now: $129.16
Low: $82.75
High: $142.00

Volume

6,056,985 shs

Average Volume

1,720,872 shs

Market Capitalization

$39.53 billion

P/E Ratio

41.53

Dividend Yield

N/A

Beta

1.39