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Anywhere Real Estate
American real estate company From Wikipedia, the free encyclopedia
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Anywhere Real Estate Inc., formerly Realogy (/ˈriːlədʒi/), is an American publicly traded real estate services company. It owns and franchises several real estate brands and brokerages, and offers consumer programs, lead generation, relocation, and title settlement services.[2]: 5–6
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History
In 2005, Cendant split off all but its car rental interests into separate companies. Realogy was formed to group its real estate activities; shares in the new company were distributed to existing Cendant shareholders.[3] In late 2006, it was bought for $6.65 billion, plus debt and other liabilities, by Apollo Global Management, a private equity group.[4]
The company was listed on the New York Stock Exchange in 2012; 40 million shares were sold at $27 each, raising US$1.08 billion.[5]
In 2013, the company moved its head office from Parsippany-Troy Hills, New Jersey to Madison, New Jersey.[6] Ryan Schneider succeeded Richard A. Smith as chief executive officer in 2017.[1]
In May 2022, Realogy announced that the company would be changing its name to Anywhere Real Estate Inc.[7] This went into effect on 9 June 2022.[8]
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Brands
- Anywhere Advisors (formerly NRT)
- Better Homes and Gardens Real Estate
- Cartus
- Century 21 Real Estate
- Coldwell Banker
- Coldwell Banker Commercial [9]
- Corcoran Group
- ERA Real Estate (founded as Electronic Realty Associates Inc.)
- Sotheby's International Realty
References
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