Realogy
| |
Public | |
Traded as |
|
Industry | Real estate |
Founded | 2006 |
Headquarters | Madison, New Jersey, U.S. |
Area served | United States, Global |
Key people |
Ryan Schneider (CEO)[1] Anthony E. Hull, MBA (CFO, Treasurer) |
Products | Real estate services |
Revenue |
|
| |
| |
Total assets |
|
Total equity |
|
Number of employees | 11,800 (2016)[2] |
Subsidiaries |
Better Homes and Gardens Real Estate Century 21 Coldwell Banker ERA Real Estate ZipRealty ZapLabs Sotheby's International Realty NRT Title Resource Group Cartus |
Website |
realogy |
Realogy Holdings Corp. (pronounced "rēl′ ə jē", as in "real" estate) is an American publicly owned company real estate and relocation services company. It owns and franchises several real estate brands and brokerages, and offers relocation, title and settlement services.
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 $8.5 billion by Apollo Management, a private equity group.
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.[4]
In 2013 the company moved its head office from Parsippany-Troy Hills, New Jersey to Madison, New Jersey. Ryan Schneider succeeded Richard A. Smith as chief executive officer in 2017.
References
- ↑ Feeney, Caroline (23 October 2017). "Ryan Schneider of Capital One will take over Realogy as CEO Richard Smith to retire after 21 years leading the real estate giant". Inman. Retrieved 23 October 2017.
- 1 2 3 4 5 6 "2016 Form 10-K, Realogy Holdings Corp". Realogy Holdings Corp. (via the U.S. Securities and Exchange Commission).
- ↑ "Cendant". Cendant. Archived from the original on 2007-03-11. Retrieved 2007-06-04.
- ↑ "Realogy Raises $1.08 Billion, Pricing IPO at Top End of Range". Bloomberg. Retrieved 27 May 2013.