Colliers International completed its previously announced acquisition of a controlling interest in Dougherty, including Dougherty Mortgage, Dougherty Funding, Dougherty & Company and Dougherty Insurance Agency. Dougherty’s Minneapolis-based senior leadership team will continue to drive operations.

Dougherty’s mortgage banking operations have rebranded as Colliers Mortgage and will continue to provide specialty real estate debt financing for multifamily, healthcare and senior housing real estate through the GSEs.

“Finalizing this new partnership establishes Colliers as a top player in agency and commercial debt finance as well as public finance advisory which, together with our rapidly growing investment sales capabilities, enables us to seamlessly advise clients on all capital markets requirements across the U.S.,” said Gil Borok, president & CEO, Colliers International | U.S.

He added, “We welcome this highly talented and entrepreneurial group into the Colliers family, and we look forward to working together to accelerate the success of our clients.”

Pictured: Gil Borok.

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