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EXHIBIT 23.1
Consent of Ernst & Young LLP, Independent Auditors
We consent to the incorporation by reference in (1) the Registration Statement
(Form S-8 No. 333-62725) pertaining to the registration of 400,000 shares of
Common Stock in the Insignia/ESG Holdings, Inc. 401(k) Savings Plan, (2) the
Registration Statement (Form S-8 No. 333-62727) pertaining to the registration
of 1,500,000 shares of Common Stock under Insignia/ESG Holdings, Inc. 1998
Employee Stock Purchase Plan, (3) the Registration Statement (Form S-8 No.
333-62731) pertaining to the registration of 3,500,000 shares of Common Stock
under Insignia/ESG Holdings, Inc. 1998 Stock Incentive Plan, (4) the
Registration Statement (Form S-8 No. 333-67475) pertaining to the registration
of 1,289,329 shares of Common Stock of Insignia Financial Group, Inc.(f/k/a
Insignia/ESG Holdings, Inc.) under the Richard Ellis Group Limited 1997
Unapproved Share Option Scheme, (5) the Registration Statement (Form S-8 No.
333-77353) of Insignia Financial Group, Inc. (f/k/a Insignia/ESG Holdings, Inc.)
pertaining to the registration of 611,962 shares of Common Stock of Insignia
Financial Group, Inc. (f/k/a Insignia/ESG Holdings, Inc.) under the St. Quintin
Holdings Limited 1999 Unapproved Share Option Scheme, (6) the Registration
Statement (Form S-8 No. 333-78639) of Insignia Financial Group, Inc. (f/k/a
Insignia/ESG Holdings, Inc.) under the Insignia Financial group, Inc. 401(k)
Restoration Plan and (7) the Registration Statement (Form S-8 No. 333-88371)
pertaining to the registration of 105,686 shares of Common Stock of Insignia
Financial Group, Inc. (f/k/a Insignia/ESG Holdings, Inc.) under the
Non-Qualified Stock Option Agreements, of our report dated June 26, 2000 with
respect to the financial statements and schedules of the Insignia Financial
Group, Inc. 401(k) Retirement Savings Plan included in this Annual Report (Form
11-K) for the year ended December 31, 1999.
/s/ Ernst & Young LLP
Greenville, South Carolina
June 26, 2000
