Coldwell Banker Residential Brokerage in Colorado Strengthens its Presence in Key Market with Acquisition of Fort Collins Brokerage
FORT COLLINS, Colo. – Jan. 10, 2013 – Coldwell Banker Residential Brokerage, one of Colorado’s leading real estate services companies, announced today that it has purchased substantially all the assets of CRES, LLC in Fort Collins, which previously did business as Keller Williams Realty of Northern Colorado. The office located at 2580 East Harmony Road will now operate under the banner of Coldwell Banker Residential Brokerage.
The CRES brokerage office has 132 sales associates and recorded sales volume of $333 million for the 12-month period ending October 31, 2012. The acquisition strengthens Coldwell Banker Residential Brokerage’s position in Northern Colorado with an iconic Southeast Fort Collins location.
Michael Campana, owner of CRES, will continue in a sales capacity with Coldwell Banker Residential Brokerage. Ryon Brewer, manager of Coldwell Banker’s Fort Collins office, and Heidi Margolis, team leader for CRES, will jointly lead the combined Fort Collins team.
Coldwell Banker Residential Brokerage also announced that the sales associates from its existing office at 702 West Drake Road will be joining the CRES agents at their East Harmony Road office.
“CRES is a successful real estate brokerage in Fort Collins with an outstanding team of agents,” said Chris Mygatt, president of Coldwell Banker Residential Brokerage in Colorado. “We are proud to welcome them to Coldwell Banker Residential Brokerage to strengthen our collective capabilities to serve the Fort Collins market area.”
Campana said joining Coldwell Banker Residential Brokerage will provide his sales team with a number of advantages. “Having the scale and scope of the nation’s largest brokerage company, greater advertising and marketing support, advanced technological tools, and more networking opportunities will all help our sales associates grow their business and provide even better service to their clients,” he said.
For more information on Coldwell Banker Residential Brokerage operations in Fort Collins, please contact manager Ryon Brewer at 970.223.6500 or via email at ryon.brewer@coloradohomes.com and Heidi Margolis at 970.430.1618 or via email at heidi.margolis@coloradohomes.com.
About Coldwell Banker Residential Brokerage: Coldwell Banker Residential Brokerage, a leading residential real estate brokerage company in Colorado, operates 17 offices with more than 1,000 sales associates serving the communities along Colorado’s Front Range. The company offers residential and commercial brokerage, corporate relocation and mortgage services. Through its internationally renowned Coldwell Banker Previews® program, Coldwell Banker is widely recognized for its expertise in the luxury housing market. Coldwell Banker Residential Brokerage is part of NRT LLC, the nation’s largest residential real estate brokerage company. NRT has 725 offices and 41,500 sales associates operating in more than 35 major metropolitan areas. A subsidiary of Realogy Holdings Corp. (NYSE: RLGY), NRT operates Realogy’s company-owned real estate brokerage offices. For more information please visit www.coloradohomes.com or call 303.880.5020.
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