Tighe of CBRE honored at Realty Foundation luncheon

The Realty Foundation of New York honored CB Richard Ellis (CBRE) CEO Mary Ann Tighe as "Person of the Year" at its annual luncheon, held at the Waldorf-Astoria. Tighe, who has negotiated more than 70 million s/f of commercial real estate transactions during her 24-year real estate career, raised a record total of about $420,000 for the foundation, which this year is celebrating its 55th anniversary. "The foundation is pleased to have honored Mary Ann for her outstanding achievements within the real estate industry, as well as her philanthropic contribution," said Patricia Frank, the foundation's executive director. "In addition, we are extremely grateful for her extraordinary energy, enthusiasm and input." The foundation was founded in 1954 by a group of passionate real estate professionals concerned about the financial risks facing the brokerage community. The nonprofit has since disbursed over $2.5 million in financial aid and over $3.5 million in scholarship awards.