|
Executive Bios
Coldwell Banker Commercial Affiliates, Inc., is one of the leading franchisors of commercial real estate services through the Coldwell Banker Commercial® brand. The network is a leader in the commercial real estate industry and in assisting clients with discovering market opportunities and delivering value to their commercial real estate needs.
With thousands of professionals in hundreds of offices worldwide, CBCSM affiliates provide local market knowledge in conjunction with a complete range of services to fit the specific needs of its clients. The Coldwell Banker® network of commercial brokers can be found in 30 countries in North America, South America, Europe, Africa, Asia and Australia, providing the largest geographic footprint of any commercial real estate organization.
The franchisor’s worldwide headquarters are located in Parsippany, NJ.
The roots of CBC date back to 1906, when Colbert Coldwell played a key role in rebuilding San Francisco after a devastating earthquake and fire. Having witnessed his real estate contemporaries take advantage of the tragedy by acquiring property from vulnerable sellers at unfair prices, he dedicated himself to providing an honest and knowledgeable alternative, imbuing his transactions with honesty and vision on behalf of his clients. Later joined by Benjamin Arthur Banker, the two partners established a company committed to commercial real estate.
Over the next several decades, Coldwell Banker® embarked on a nationwide expansion to become the dominant commercial real estate company across America. In 1937, Coldwell Banker formed a residential real estate operation to become a full-service real estate company.
Sears, Roebuck & Co. formed the Sears Financial Network and acquired Coldwell Banker in 1981. The 1980s were a decade of tremendous growth for the company as Coldwell Banker acquired several companies throughout the United States.
In 1996, Coldwell Banker was acquired by HFS, Inc. (later Cendant Corporation, NYSE: CD) and became part of the world's largest real estate franchise organization. In 1998, Cendant expanded the CBC brand under both an affiliate and company-owned business model. The brand development has resulted in CBC being one of the top globally recognized commercial real estate entities.
In 2005, Cendant announced it was separating into four independent, publicly traded, pure-play companies – one each for Cendant’s real estate, travel distribution, hospitality and vehicle rental businesses. On Aug. 1, 2006, Realogy Corporation, the world’s largest real estate franchisor, announced its spin-off from Cendant Corporation. As a subsidiary of Realogy Corporation, Coldwell Banker Commercial is part of the world's largest residential real estate brokerage franchisor. Realogy is also the largest U.S. residential real estate brokerage firm, a leading global provider of outsourced employee relocation services, and a provider of title and settlement services. Realogy's world-renowned brands and business units also include Century 21, Coldwell Banker, ERA, Sotheby's International Realty, NRT Incorporated, Cartus and Title Resource Group. Realogy is headquartered in Parsippany, NJ and has more than 15,000 employees.
Newsletters/Publications in pdf format
Press Releases
|