Southern California brokerage continues bold five-year expansion initiative with new acquisition
WOODLAND HILLS, Calif., Aug. 08, 2018 (GLOBE NEWSWIRE) — CENTURY 21 Peak, a real estate brokerage under the Peak Corporate Network, announced today, the acquisition of Century 21 My Real Estate Company in Downey, Calif., as part of a strategic and aggressive initiative to expand the company’s presence and market share throughout Southern California. This announcement marks the fifth completed acquisition by Century 21 Peak in two and a half years.
“I’m inspired by the leadership at Century 21 Peak and motivated by the incredible growth they have achieved in such a short time,” said Nick Bailey, CEO of Century 21 Real Estate LLC. “The industry is changing and Century 21 Peak serves as a great example showing how to stay competitive in the Southern California market.”
Century 21 My Real Estate Company was previously owned by Steve Roberson, who purchased the business in 1994. With this acquisition, Century 21 Peak will welcome 100 agents to the team, bringing the total agent roster to almost 450 agents. The Downey branch will continue to operate at 7827 Florence Avenue, Downey, Calif. With more than 30 years of experience in real estate, Steve Roberson is a distinguished Downey broker and community leader. He will continue to consult with Century 21 Peak and maintain his role as a prominent company liaison to the local community.
“Century 21 Peak is thrilled to welcome another office to the family,” said Eli Tene, Gil Priel, Managing Directors/ Principals, and Patrick Schultz Chief Executive of the Peak Entities. “The Century 21 brand is rapidly evolving under new leadership, and more than ever we are committed to be a leader as the market changes, expand the value we bring to our clients and agents, and display an unwavering dedication to be the best-in-class provider of real estate services in Southern California.”
“Century 21 Peak offers a wealth of resources and innovative support to agents, which will be an incredible asset to the Downey branch,” said Steve Roberson. “I’m looking forward to working closely with the team to bring more opportunities for success and take the company to the next level.”
About CENTURY 21 Peak
CENTURY 21 Peak is a full-service real estate brokerage with headquarters at 5900 Canoga Ave, Woodland Hills, CA, and is an independently owned and operated franchise affiliate of Century 21 Real Estate LLC (Century 21 Real Estate LLC is comprised of approximately 7,450 independently owned and operated franchised broker offices in 79 countries and territories worldwide with more than 115,000 independent sales professionals. Century 21 Real Estate LLC is a subsidiary of Realogy Holdings Corp. (NYSE: RLGY), a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services).
The Peak Corporate Network is a brand that represents a group of related, separate legal entities, each providing its unique set of real estate services.
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