Cushman & Wakefield is rumored to be close to purchasing investment sales and mortgage brokerage Massey Knakal Realty Services in its entirety for $100 million. A source with knowledge of the deal said the purchase should close today.

New York-based Massey Knakal had hired financial services firm Perella Weinberg Partners to sell either a 49 percent stake in it or the entire firm last month, according to previous reports.

In November, The Wall Street Journal reported that Cushman & Wakefield, CBRE and DTZ were among the interested buyers. Massey Knakal’s principals Bob Knakal and Paul Massey were said to prefer to sell the non-controlling stake.

C&W is a privately held company and the majority ownership stake is held by the investment group of the Agnelli family of Italy.