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Sears sold Coldwell Banker's surviving residential unit to the Fremont Group, a California investment company, for $230 million in 1993. [10] It was sold to HFS Inc., later Cendant , in 1996. [ 11 ] [ 12 ] When Cendant broke up in 2006, the real estate businesses were spun off as Realogy, which was sold to Apollo Management for about $7.75 ...
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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A mortgage banker is a person or entity that originates, or initiates, home loans, and typically provides the funding for them. The home loan banker could be an individual or a large company, but ...
National Realty Trust was formed in 1996 when Cendant, (then HFS Inc.) purchased Coldwell Banker Corporation.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).
In October 2007, Meredith Corporation granted Realogy Holdings Corp. the right to license the Better Homes and Gardens name and related trademarks for 100 years. [5] Realogy re-launched the Better Homes and Gardens franchise network on July 1, 2008 and named Sherry Chris, then COO of Coldwell Banker, CEO and president of the newly launched company.