Late yesterday afternoon it was announced that Prudential Real Estate & Relocation was acquired by Brookfield Residential Property Services, a global real estate and relocation company.
Brookfield is a premier organization with real estate in its DNA and over $150 billion in assets. Businesses include residential brokerage, global employee relocation and data analytics. This transaction creates a global real estate and relocation services company operating in the US, Canada, Mexico, Portugal, China, Brazil, India, France, Australia & Singapore, and our relocation company DOUBLES in size as a result of the sale.
While this certainly will bring exciting changes and opportunities, we will continue to operate as Prudential Northwest Properties, provide the same exceptional level of service to our clients, and use the great tools and systems that continue to benefit our brokers and clients.
Earl Lee, the president of Prudential Real Estate & Relocation Services, is taking an expanded role in the combined companies, and his enthusiasm and excitement are contagious. In his own words from twitter yesterday, “1+1=3 Brookfield Residential Property Services & Prudential Real Estate and Relocation Svcs: 2 fine companies now form an even better one.”
This historic announcement positions two industry leading companies across the globe, and creates the 3rd largest residential real estate brokerage in North America, and the world’s second largest relocation services provider.
We’re very excited about what the future brings!
If you have any questions, please don’t hesitate to contact Prudential Northwest Properties president Jason Waugh @ email@example.com or 503-350-7248.