Core Insights - The company achieved record total revenues with double-digit growth across all major business lines, specifically leading public competitors in leasing with a 17% annual growth [1] Group 1: Revenue Performance - Total revenues were driven by significant growth in high-growth sectors such as industrial, retail, data centers, and international talent acquisition [1] - The company is on track to reach a $2.0 billion management and servicing revenue goal by 2029, indicating a successful transition towards recurring revenue [1] Group 2: Strategic Focus - Management identifies the AI ecosystem as a key driver for demand in office leasing, particularly in New York and San Francisco, as well as in data centers and valuation services [1] - The strategic positioning emphasizes a 'more with less' model, focusing on high revenue-per-capita by leveraging elite talent with proprietary data and AI tools [1] Group 3: International Expansion - International expansion efforts in Europe and Asia are yielding faster-than-expected returns, with French operations reaching breakeven in just over one year [1]