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Taunya Fagan Bozeman Homes & Land - Prudential Montana Real Estate's Blog

By Taunya Fagan Bozeman Realtor® | Agent in Bozeman, MT

Brookfield Real Estate Buys Prudential Real Estate

Brookfield Real Estate Buys Prudential Real EstatePrudential Real Estate Corporation and Relocation Services, an employee relocation and real estate franchising firm was sold to Brookfield Residential Property Services, an affiliate of Brookfield Asset Management Inc., December 6, 2011.


Prudential Montana Real Estate, previously an affiliate of the Prudential Financial Network, will now be aligned with Brookfield Real Estate Services, Inc., who also own Brookfield Residential Property Services.Prudential Real Estate Sold to Brookfield Real Estate

Prudential Real Estate brokerage affiliates will continue using the Prudential brand, based on the terms of their franchise agreements, which was included in a licensing agreement between the two real estate companies. 

Combined with its present United States real estate and relocation business, Brookfield's Prudential real estate purchase will result in an expanded realty operation, now covering nine countries and five continents, including a growing presence in Brazil, China, and India.

Also with this Prudential real estate acquisition, Brookfield Real Estate will have close to 80,000 realtor professionals throughout 2,800 spots in the world, professionals who will assist Brookfield in producing over $150 billion in yearly sales.

It will have an impressive global reach from North America to Australia, including the US, United Kingdom, France, India, China, Singapore, and Brazil.

Prudential Financial, Inc. was the previous parent company of Prudential Real Estate, now part of Brookfield Real Estate.

Dynamic, Proactive, Tireless...  Top Prudential Bozeman Real Estate Agent 2009 & 2010...

giving you the advantage...®

taunya at taunyafagan.com  -  2001 Stadium Drive, Bozeman, Montana  -  406.579.9683

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Comments

By Shawn Rosa,  Thu Dec 8 2011, 09:09
Big news in my local area (NJ)! Shouldn't affect any average agent in the near future.
By Taunya Fagan Bozeman Realtor®,  Fri Dec 9 2011, 07:45
Yes, we will see how this all pans out. Thanks for commenting Shawn.

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