May 20, 2020 / 07:15PM GMT
Mayank Tandon - Needham & Company, LLC, Research Division - Senior Analyst
Great. Welcome, everyone. This is Mayank Tandon. I'm the fintech analyst at Needham. I'd like to welcome Leah Stearns from CBRE. She's the Chief Financial Officer. Leah, welcome to our conference.
Leah C. Stearns - CBRE Group, Inc. - CFO
Thank you very much. I'm excited to join you today.
Questions and Answers:
Mayank Tandon - Needham & Company, LLC, Research Division - Senior AnalystExcellent. So I'm going to kick off with a few questions, and then we'll also take a couple of questions from the participants. So Leah, first and foremost, since some of the people on the call, including myself, are relatively new to CBRE, could you give us a brief overview of the business model?
Leah C. Stearns - CBRE Group, Inc. - CFO
Sure. CBRE is the largest commercial real estate services company in the world. We had revenues in 2019 of nearly $24 billion, adjusted EBITDA of over $2 billion and free