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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.
[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.
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 ]
Rent prices increased by 27% from early 2020 to August 2022, and while they have ticked down since then, they remain challenging for many renters, especially those who are trying to save to buy a ...
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 ...
Henry R. Silverman (born August 1, 1940) is an American entrepreneur and private equity investor. Silverman is best known for his role in building Cendant Corporation into a multibillion-dollar business services company that provided car rentals, travel reservation services as well as real estate brokerage services and was also the largest franchisor of hotels globally.
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