Peerage Realty Ally has acquired a cardinal affiliation pale in Denver, Colorado-based Madison & Company Properties, a absolute acreage close confined both the residential and bartering markets. No banking agreement were disclosed.
TORONTO and DENVER, Jan. 16, 2019 /PRNewswire/ – Peerage Realty Ally Inc. (“Peerage”) appear today that it has acquired a cardinal affiliation absorption in Madison & Company Properties, LLC (“Madison”). Founded in 2008, based in Denver, Colorado, Madison is a arch absolute allowance with a able attitude of aberrant account and professionalism.
Madison represents Peerage’s countdown affiliation in the United States, breadth Peerage anticipates authoritative several investments in 2019 and beyond. Todd Narlinger, Founder and CEO of Madison, will abide in his role as CEO and absorb a cogent disinterestedness pale beneath the different Peerage affiliation model. Agreement of the transaction were not disclosed.
“Expanding our different affiliation archetypal to the U.S absolute acreage allowance industry is a amount allotment of our abiding action to accomplice with arch brands with strong, aggressive founders and administering teams in key markets beyond North America,” said Miles S. Nadal, Founder and Executive Chairman of the Peerage Capital Group. “While the industry is experiencing aberrant change, our ambition is to accomplice with firms who allotment our acceptance in the constant amount of alluring and application the best agents and accouterment them with advanced accoutrement and assets to accommodate the accomplished akin of able admonition and account to their clients. From our aboriginal affair with Madison, we knew we had begin a accomplice who shares this passion.”
“In Peerage, we begin an ideal accomplice with the assets to abide our investments in acceptable our account belvedere for our agents, and to advance our aggressive amplification and advance plans, while attention our operational ability and culture,” said Narlinger. “In addition, we additionally accretion invaluable admission and business abutment from Peerage and its arrangement of acknowledged partners. We were decidedly afflicted by the arch absolute brands represented by Peerage’s absolute partners, and their abiding clue almanac of buyer retention,”
Narlinger added. “My discussions with these ally accepted that with Peerage as their partner, they accept maintained their operational autonomy, and accept benefitted from the added assets to booty their businesses to the abutting akin for their agents and clients.”
“Expansion into the United States is a accustomed change for our firm, as we body aloft our success in Canada as a aberrant abettor of full-service allowance businesses, in both the resale and pre-construction sales markets”, said Gavin Swartzman, President & CEO of Peerage Realty Partners. “Madison represents the absolute befalling to admit our U.S. expansion, accustomed its aberrant administering team, able bazaar position, and affluence of advance opportunities. There is a solid cultural fit amid our organizations, and we are actual aflame to accomplice with such an entrepreneurial, active baton as Todd Narlinger to aggrandize the Madison cast and account offerings.”
About Madison & Company PropertiesFounded in 2008, Madison & Company Properties is one of the arch bazaar absolute acreage firms in the Denver city area, application both the residential and bartering markets. With seven acceptable Denver breadth locations, Madison is comprised of about 150 accomplished and abreast absolute acreage brokers and agents who accommodate our audience with the accomplished akin of claimed account and able advice. Madison holds the cardinal two atom with the additional accomplished accumulation per abettor in Denver, and has been accustomed as one of the Top Workplaces by the Denver Post for 5 after years, and ranked #1 in 2018.
About Peerage Realty PartnersPeerage Realty Partners, a accessory of Peerage Capital, offers an avant-garde another for absolute absolute acreage firms. Transacting over C$7 billion in anniversary sales, Peerage embraces the aggressive spirit of our accomplice firms by auspicious freedom while accouterment animal and banking assets to advance growth. In accession to Madison, our ally include: Chestnut Park Absolute Acreage (one of the top affluence firms in Canada and the absolute Christies associate for Toronto and surrounding areas), Baker Absolute Estate, the baton in new development and abode sales and business in Ontario and Montreal, Fifth Avenue Absolute Acreage Marketing, a baton in new development and abode sales and business in British Columbia, and StreetCity Realty, a accelerating allowance with 10 offices in Ontario.
About the Peerage Capital GroupPeerage Capital is a arch North American business casework and clandestine advance firm. We are focused on partnering with aberrant administering teams over alternating ancestors to anatomy abiding investments beyond several cardinal business casework platforms including absolute acreage services, absolute estate, asset management, abundance advising services, and acreage assembly. Our growing arrangement of accomplice companies employs over 1,000 bodies beyond Canada and the United States with over C$7 billion in absolute assets beneath administering and administration, and transacting over C$7 billion in anniversary sales of residential absolute estate.
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