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Coldwell Banker Real Estate LLC is an American real estate franchise owned by Anywhere Real Estate, with headquarters in Madison, New Jersey. It was founded in 1906 in San Francisco , [ 1 ] and has approximately 3000 offices in 49 countries and territories. [ 2 ]
[15] [13] This was followed the next year with the acquisition of Electronic Realty Associates for $37 million, [16] and Coldwell Banker for $740 million, making HFS the largest franchisor of real estate brokerages in the U.S. [17] In 1996, HFS acquired the Avis car rental company for $793 million.
The trust was responsible for the nearly 400 brokerage offices that had been acquired in the Coldwell Banker purchase as well as continuing to acquire offices and renaming them with one of Cendant's brand names (Coldwell Banker, ERA and Century 21). [2] In August 1997, Cendant and Apollo Management formed the current company – NRT LLC.
The five-bedroom, one-bathroom Cold War-era bomb shelter is listed for sale at $499,000 by Coldwell Banker Paradise Hoyt Murphy Realtors, Feb. 22, 2013.
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In 1981, Coldwell Banker was acquired by Sears. [11] In 1989, Sears sold Coldwell Banker's commercial unit to a management-led buyout group including The Carlyle Group for approximately $300 million. [12] [13] [14] After the buyout, the company was renamed CB Commercial Real Estate Group. [15] The residential group retained the Coldwell Banker ...
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