From the Desk of Nancy L. Quinn, President & CEO of Prudential Prime Properties:
Late yesterday afternoon we learned 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 in the US, Canada, Mexico, Portugal, China, Brazil, India, France, Australia & Singapore. 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 Prime Properties, provide the same exceptional level of service to our clients, and will continue to use the great tools and systems that have benefitted our staff, agents and clients. Likely, we will gain access to other great tools that Brookfield already has in place.
Earl Lee, the former 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 day positions two industry leading companies across the globe, and helps us become part of the 3rd largest residential real estate brokerage in North America, and the world’s second largest relocation services provider.
"Life is change. Growth is optional. Choose wisely."
- William Somerset Maugham
If you have any questions, please do not hesitate to contact me at nledgard@neppi.com or (978) 897-2781 x15"
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