Coldwell Banker, an international real estate franchise company that is a part of Realogy Corp., reported that 96 affiliates expanded through mergers and acquisitions activity in 2008.

The company reported that its mergers and acquisitions activity was up 71 percent compared to 2007, including major moves by Coldwell Banker United in Bryan, Texas; Coldwell Banker Hubbell Briarwood in Lansing, Mich.; and Coldwell Banker Select in Tulsa, Okla.

The Coldwell Banker system added 22 new companies in the U.S. and Canada in 2008, including Coldwell Banker Integrity in Rancho Cucamonga, Calif.; Coldwell Banker Select Professionals in Lancaster, Pa.; and Coldwell Banker Castle Pines in Castle Rock, Colo.

The system includes about 3,500 residential real estate offices and 105,300 sales associates in 46 countries and territories.

Realogy Corp., Coldwell Banker’s parent company, has an estimated $6.76 billion in debts, according to an annual report to investors (see Inman News) — the debt stems from the company’s acquisition by private equity firm Apollo Management LP.

Other Realogy brands include Century 21, ERA Real Estate, Better Homes and Gardens Real Estate, and Sotheby’s International Realty, among others.

***

What’s your opinion? Leave your comments below or send a letter to the editor.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Prepare for this fall with top agents & brokers at Connect Now on September 21.GET YOUR TICKET×
Limited time: Get 30 days of Inman Select for $5.SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription