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real estate

Coldwell Banker Acquires Greenwich Fine Properties

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GREENWICH, Conn. – Coldwell Banker Residential Brokerage, a leading residential real estate brokerage company in Connecticut and Westchester County, N.Y., has acquired the assets of Greenwich Fine Properties LLC in Greenwich. Coldwell Banker Residential Brokerage is part of NRT LLC, the nation’s largest residential real estate brokerage company.

Douglas Stevens, managing partner of Greenwich Fine Properties, will join Coldwell Banker Residential Brokerage as a sales associate.

The Greenwich Fine Properties office, located at 191 Mason St., Greenwich, will merge into the existing Coldwell Banker Residential Brokerage office at 177 W. Putnam St. in Greenwich, which welcomes the 30 sales associates affiliated with Greenwich Fine Properties to the company.

“This acquisition builds on our strategy to strengthen our position in the luxury marketplace in Fairfield County,” said Cathleen F. Smith, president of Coldwell Banker Residential Brokerage in Connecticut and Westchester County. “The professionals affiliated with Greenwich Fine Properties have an excellent reputation and we greatly look forward to working with them.”

“We are pleased to join this renowned industry leader,” said Stevens. “Coldwell Banker Residential Brokerage and the Coldwell Banker Previews International luxury marketing program have powerful brand recognition, combined with state-of-the-art technology, robust business development programs, and a comprehensive line of real estate services. This move will ensure the agents have the competitive edge and leadership necessary for their business to flourish now and into the future."

The exclusive group of certified Previews Property Specialists make up 10 percent of the more than 82,000 Coldwell Banker sales associates worldwide.  Nationwide, more than 16,400 transaction sides of homes priced at $1 million or more were sold using the Coldwell Banker Previews International marketing program in 2012. On average, Previews Property Specialists handle $86.1 million in luxury homes sales every day.

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