MELBOURNE, Fla., November 12, 2013 – Coldwell Banker Residential Real Estate LLC, a leading residential real estate brokerage in Florida with more than 80 offices and 4,900 sales associates throughout the state, announced today that it has acquired the assets of CENTURY 21 Camelot Realty, Inc. in Brevard County, Fla. Camelot Realty, which has four offices and approximately 80 sales associates, will now do business as Coldwell Banker Residential Real Estate, which now has more than 275 sales associates in Brevard County.
"We set out last spring to build a strong presence in Brevard County, and we are proud to have assembled such a solid foundation of local experts who combine their local contacts and knowledge with our technology, resources and support to create an exceptional real estate experience for consumers in this market," said Clark Toole, president of Coldwell Banker Residential Real Estate LLC in Florida. "The talented associates of Camelot Realty made up the third-largest sales team in Brevard prior to our entering the market, and we are thrilled to have them affiliate with us under the banner of Coldwell Banker Residential Real Estate."
Under the leadership of Gloria Farinella, Nick Farinella, Jr. and Donna Linden, Camelot Realty has provided professional real estate services to the local community for more than 20 years. Donna Linden will join Coldwell Banker Residential Real Estate as a managing broker, and Gloria and Nick Farinella will affiliate as sales associates.
This acquisition follows Coldwell Banker Residential Real Estate's four recent acquisitions in Brevard County. The company acquired the assets of Coldwell Banker Cocoa Beach Realty in October, Hartung Real Estate in July, and Pruitt Real Estate and ERA Showcase Properties & Investments in April.
In March 2013, Coldwell Banker Residential Real Estate entered three additional new Florida counties, Flagler, Volusia and Osceola, with the acquisition of the assets of the Luxury Team of Florida Real Estate Group, based in Palm Coast. In total, Coldwell Banker Residential Real Estate LLC provides real estate services in 20 Florida counties.
About Coldwell Banker Residential Real Estate LLC
Coldwell Banker Residential Real Estate is a leading full-service residential real estate company with more than 80 offices and 4,900 sales associates serving the communities of Central Florida, Palm Beach, Southeast Florida, Southwest Florida and Tampa Bay. Coldwell Banker Residential Real Estate is a subsidiary of NRT LLC, the nation's largest residential real estate brokerage company. NRT operates the company-owned brokerage operations of Realogy Holdings Corp. (NYSE: RLGY). Coldwell Banker Residential Real Estate also is a member of the Coldwell Banker global franchise network, which includes 3,100 offices with over 83,000 sales associates spanning more than 50 countries. Every day, Coldwell Banker Residential Real Estate properties are exposed to 16 million buyers on more than 575 high-traffic websites.