Real Estate Forum: Forum 100
GE Real Estate
Owner/Investor | Honorable Mention
Company:   GE Real Estate
Address: 901 Main Avenue
City: Norwalk
State: CT
Zip:   06851
Phone: 800-GE-FIRST
Fax: 203-357-4475
Email: brent.feigenbaum@ge.com
Website: www.gerealestate.com
Key Executive  
1. Name: Ronald Pressman
    Title: President and Chief Executive Officer
2. Name: Joseph Parsons  
    Title: President, North America Equity
3. Name:  
    Title:
4. Name:
    Title:
*Number of Offices: 45
*Number of Employees: 1900
*Gross Revenues Fiscal Year 2006: 3.2 billion
*Projected Revenues Fiscal Year 2007: 2.1 billion
Selected Areas of Specialization: North America Equity creates partnerships and joint ventures with established real estate owners and operators; actively pursues single property and portfolio acquisitions toproduce quality investment retruns.
Company Overview: GE Real Estate is one of the world's premier commercial real estate companies with more than $62 billion in assets and a presence in 32 countries throughout North America, Europe and Asia Pacific. Backed by GE's AAA rating, GE Real Estate offers a comprehensive range of capital and investment solutions, including equity capital for acquisition or development, as well as fixed and floating-rate mortgages for new acquisitions or re-capitalizations of commercial real estate. With a 28% compound annual growth rate since 1993, GE Real Estate is one of the world's fastest growing and most profitable real estate enterprises. This extraordinary record of success grows out of a reputation for collaboration and partnership; a depth of knowledge and a history of building relationships, finding opportunities and opening doors for more than 5,000 owners, builders, borrowers and brokers worldwide.
*Total Portfolio Size:
Number of buildings: 3591
Square Footage: 167 million
Number of Units/Rooms:
*Total Value of Portfolio: 28.4 billion
Percentage by Property Type:  
Office: 56 %
Industrial: 11 %
Retail: 8 %
Apartments: 14 %
Hotels: 1 %
Other: 11 %
(Please specify)
Percentage by Geographic Area:  
Northeast: %
Southeast: %
Midwest: %
Southwest: %
West: %
International: %
Total Acquisitions in 2006:  
Number of buildings: 1,076
Square Footage: 52 million
Number of Units/Rooms:
Total Value of Acquisitions in 2006:   14.4 billion  
Total Dispositions in 2006:  
Number of buildings: 647
Square Footage: 24 million
Number of Units/Rooms:
Total Value of Acquisitions in 2006: 10.3 billion