Irvine, CA (PRWEB) March 16, 2010 -- Sperry Van Ness International (“SVNI”), one of the leading commercial real estate advisory & brokerage brands, covering more than 150 markets and 38 states, announced today that it reported profitable earnings for the year ending 2009. “We believe SVNI is one of the few national commercial real estate brands to achieve positive EBITDA in 2009. In addition to our strong financial performance in 2009, we are one of the few national firms that is debt free, has operating cash reserves, and maintains an untapped line of credit.” said Kevin Maggiacomo, President and CEO of Sperry Van Ness. He further added, “It is a testament to our business model and the quality of our franchisees and their advisors to have generated such a high level of production, despite the challenging market.” Read Full Article
