Inman

Carrington Real Estate expands into Colorado, Michigan

Carrington Real Estate Services LLC has added brokerage offices in Colorado and Michigan, bringing the number of states where it has agents on the ground to 27.

In Colorado, the company will be opening operations in Boulder, a mountain town about 30 miles northwest of Denver, and will service Boulder, Denver, Lakewood, Fort Lupton and Erie.

Carrington’s operations in Michigan will be headquartered on the outskirts of Detroit in White Lake and will service Ann Arbor, Auburn Hills, Plymouth, Rochester, Troy, Warren and White Lake.

The Santa Ana, Calif.-based brokerage — known as Atlantic & Pacific Real Estate before rebranding in May — has 1,200 agents working out of 35 offices in Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Illinois, Indiana, Maryland, Massachusetts, Michigan, New Jersey, New Hampshire, New York, Nevada, North Carolina, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Vermont, Virginia and Washington.

Carrington says it has plans to open brokerage offices in 2013 in the following states: Kansas, Kentucky, Minnesota, Missouri, Ohio, West Virginia and Wisconsin.

The brokerage’s parent company, Carrington Holding Co., also operates Carrington Capital Management LLC, an investor in mortgage-backed securities, and Carrington Mortgage Services LLC, a servicer of home loans. The brokerage’s ties to its parent company have helped ensure its agents a steady supply of real estate owned (REO) listings.