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Peerage Realty CEO, Gavin Swartzman,(left) and Corey Persiko,(front right) Director of Corporate Development, with the BriggsFreeman SIR team at the 2021 Sotheby\u2019s International Realty \u201cLevel Up\u201d conference in Los Angeles, CA.<\/i><\/b><\/p>\n
\u2014<\/p>\n
PEERAGE REALTY PARTNERS ACQUIRES SUBSTANTIAL PARTNERSHIP\u00a0 INTEREST IN BRIGGS FREEMAN SOTHEBY\u2019S INTERNATIONAL REALTY OF\u00a0 NORTH TEXAS, GROWING ITS PORTFOLIO OF SOTHEBY\u2019S INTERNATIONAL\u00a0 REALTY AFFILIATES\u00a0<\/b><\/p>\n
Briggs Freeman Sotheby\u2019s International Realty is a leading premium real estate brokerage in North\u00a0 Texas, including the Dallas and Fort Worth markets. This is the fourth Sotheby\u2019s International Realty\u00a0 franchise to partner with Peerage Realty Partners, joining Sotheby\u2019s International Realty Canada,\u00a0 Four Seasons Sotheby\u2019s International Realty of Vermont and New Hampshire, and Jameson\u00a0 Sotheby\u2019s International Realty of Chicago.\u00a0<\/i><\/b><\/p>\n
This new partnership further enhances Peerage Realty Partners\u2019 position as a leading player in\u00a0 premium North American residential real estate market, positioning it for ongoing growth and future partnership investments and empowers Briggs Freeman Sotheby\u2019s International Realty to further\u00a0 expand its reach within and beyond its existing key markets.\u00a0<\/i><\/b><\/p>\n
TORONTO, October 14, 2021\u00a0<\/i><\/b>\u2013\u00a0<\/b>Peerage Realty Partners Inc. (\u201cPeerage Realty<\/b>\u201c) announces a\u00a0 substantial partnership interest in Briggs Freeman Sotheby\u00b4s International Realty (\u201cBriggs Freeman<\/b>\u201d), a leading premium real estate brokerage in North Texas, including the Dallas and Fort Worth markets.\u00a0The\u00a0\u00a0firm specializes in the representation of significant properties, from historic and contemporary to\u00a0\u00a0waterfront, commercial, ranch, and land.\u00a0<\/p>\n
A long-established force in the North Texas luxury market, Briggs Freeman Sotheby\u2019s International Realty\u00a0 was founded as a boutique firm in 1960. For the past 30 years, it has been led by CEO Robbie Briggs,\u00a0 growing to six offices, 381 agents, and a projected US$2.9 billion (C$3.61 billion) in 2021 real estate sales. The firm provides a luxury service experience to clients through\u00a0offices in Dallas, Fort Worth, Lakewood,\u00a0\u00a0Southlake, North\/Plano, and Ranch and Land.\u00a0<\/p>\n
The partnership with Briggs Freeman Sotheby\u2019s International Realty is foundational for Peerage Realty,\u00a0 serving as a cornerstone for its ongoing North American expansion strategy in targeted real estate\u00a0 markets. It also reinforces its existing relationships with the iconic Sotheby\u2019s International Realty brand\u00a0 and reflects the objective of forging more such partnerships in the future.\u00a0<\/p>\n
Briggs Freeman Sotheby\u2019s International Realty will continue to be led by CEO Robbie Briggs, company\u00a0 president Russ Anderson, and the leadership team. The leaders will continue to play a role in the future\u00a0 growth and development of the firm.\u00a0<\/p>\n
\u201cWe are very excited about partnering with Briggs Freeman Sotheby\u2019s International Realty, adding another superb Sotheby\u2019s International Realty firm to the Peerage Realty family of companies,\u201d said Gavin\u00a0 Swartzman, CEO of Peerage Realty. \u201cThe calibre of the team \u2013 assembled and led by Robbie and Russ \u2013 is truly exceptional and reflects their long-term commitment to be the best in their business. And for\u00a0 Peerage Realty, the quality and deep experience of partners like them, are the ultimate consideration.\u201d<\/p>\n
Robbie Briggs said: \u201cOur values and those of Peerage Realty are fully aligned. With a shared focus on\u00a0 providing a luxury service experience to all clients, we will be able to further reinforce our presence in\u00a0 existing markets and build our business in new markets at home and internationally.\u201d\u00a0<\/p>\n
He added: \u201cOur confidence is amplified by the fact that Sotheby\u2019s International Realty and Peerage Realty\u00a0 already have a long-standing, successful relationship and brand reputation in Canada and the U.S.\u201d\u00a0<\/p>\n
President Russ Anderson noted: \u201cBy partnering with Peerage, we gain access to a powerful support\u00a0 network and the resources to fully optimize our potential. We deeply value the opportunity that presents.\u201d\u00a0<\/p>\n
Presently, Peerage Realty is in partnership with Sotheby\u2019s International Realty Canada (\u201cSIRC\u201d), Canada\u2019s\u00a0 largest luxury real estate brokerage with 30 offices and 690 agents in Ontario, Quebec, British Columbia\u00a0 and Alberta; Four Seasons Sotheby\u2019s International Realty with 15 offices and 200 agents in the luxury\u00a0 market in Vermont and New Hampshire; and Jameson Sotheby\u2019s International Realty (\u201cJameson\u201d), a\u00a0 dominant player in the luxury residential and commercial real estate markets with six offices and 460\u00a0 agents in the Greater Chicago Area.\u00a0<\/p>\n
ABOUT BRIGGS FREEMAN\u00a0<\/b><\/p>\n
Briggs Freeman Sotheby\u2019s International Realty is the leading luxury brokerage in North Texas. Founded in\u00a0\u00a01960, today its nearly 400 agents serve clients across the region, based in offices in Dallas, Fort Worth,\u00a0\u00a0Southlake, Lakewood, The North (based in Plano), as well as one exclusively for Ranch and Land.\u00a0\u00a0<\/p>\n
The brokerage has achieved multiple consecutive years of multibillion-dollar total sales volume and has\u00a0\u00a0the highest average home sales price in all of Texas. In 2020, its award-winning agents achieved a total\u00a0\u00a0sales volume of $2.45 billion, an exceptional figure.\u00a0\u00a0<\/p>\n
Operated by CEO Robbie Briggs and company president Russ Anderson, the brokerage specializes in the\u00a0\u00a0representation of luxury homes, high-rises, ranches, land and commercial properties. The company\u2019s\u00a0\u00a0connections, reach and resources \u2014 as part of the $150 billion Sotheby\u2019s International Realty network of\u00a0\u00a024,000 agents in 1,000 offices in 74 countries and territories \u2014 bring the exceptional to every client and\u00a0\u00a0agent. Its briggsfreeman.com is a cutting-edge portal featuring properties, neighborhoods, schools, virtual\u00a0\u00a0tours, architecture guides, market data and more.\u00a0<\/p>\n
www.briggsfreeman.com\u00a0<\/p>\n
ABOUT PEERAGE REALTY PARTNERS\u00a0<\/b><\/p>\n
Peerage Realty Partners is a leading residential real estate services firm, serving luxury markets across\u00a0 North America.<\/p>\n
Peerage Realty brokerage partners include leading Sotheby\u2019s International Realty franchisees, Christie\u2019s\u00a0 International Real Estate, and renowned independent firms in both re-sale residential real estate\u00a0 brokerage, and new construction marketing.\u00a0\u00a0<\/p>\n
Peerage Realty core service activities include real estate financing, transaction services, asset\u00a0 management, and home improvement for purpose-built rental properties.\u00a0\u00a0<\/p>\n
Peerage Realty has the unique benefit of being a privately-owned enterprise that is positioned to commit\u00a0 to long-term partnerships and investments.\u00a0\u00a0<\/p>\n
Prior to the partnership with Briggs Freeman Sotheby\u2019s International Realty, Peerage Realty is projected\u00a0 to sell over US$26 billion (C$33 billion) in 2021 through its partner firms. It has over 5,000 best-in-class\u00a0 sales representatives and 143 offices in Canada and the United States.\u00a0\u00a0<\/p>\n
To support growth and expansion among partners, Peerage Realty consistently provides strategic input,\u00a0 capital, technology, operational expertise, marketing, communications, and value-added products and\u00a0 services that differentiate and strengthen its partner firms in competitive markets. Its goal is to expand the\u00a0 suite of services that its partner firms can offer to enhance the client experience through all phases of a\u00a0 real estate transaction and beyond.\u00a0\u00a0<\/p>\n
www.peeragerealty.com\u00a0<\/p>\n
ABOUT PEERAGE CAPITAL\u00a0<\/b><\/p>\n
Peerage Capital is a leading North American business services and private investment firm. Peerage\u00a0 Capital is focused on partnering with exceptional, entrepreneurial management teams to form long-term\u00a0 investments across several strategic business services platforms including real estate services, real estate\u00a0 development and management, land assembly, self-storage, asset management and wealth advisory\u00a0 services.\u00a0\u00a0<\/p>\n
A growing network of partner companies employs over 3,000 people across Canada and the United\u00a0 States with approximately US$7.87 billion (C$10.3 billion) in total assets under management (AUM) and\u00a0 administration.\u00a0<\/p>\n
Peerage Capital focuses on service sectors where there are opportunities to achieve scale through both\u00a0 organic growth as well as through acquisition, operating synergies, and brand differentiation.\u00a0 It supports the partner firms in which it invests by providing capital as well as a team of experienced\u00a0 professionals who add value in such areas as strategy, finance, technology, marketing, mergers and\u00a0 acquisitions, and communications.\u00a0\u00a0<\/p>\n
Peerage Capital believes that superior talent is the ultimate driver of long-term growth and success. It\u00a0 operates with a strong culture of partnership, collaboration and alignment of interests, both economic and\u00a0<\/p>\n
cultural. Peerage Capital\u2019s unique \u201cProfessional Partnership\u201d model has been refined over 40 years to\u00a0 accelerate growth through value-added services that enhance the sustainable, profitable growth rate of\u00a0 the organization, maximizing value for all stakeholders.\u00a0\u00a0<\/p>\n
www.peeragecapital.com\u00a0<\/p>\n
ABOUT SOTHEBY\u2019S INTERNATIONAL REALTY\u00a0\u00a0<\/b><\/p>\n
Sotheby\u2019s International Realty was founded in 1976 as a real estate service for discerning clients of\u00a0 Sotheby\u2019s auction house. Today, the company\u2019s global footprint spans nearly 1,000 offices located in 75\u00a0 countries and territories worldwide, including 45 company-owned brokerage offices in key metropolitan\u00a0 and resort markets. In February 2004, Realogy entered a long-term strategic alliance with Sotheby\u2019s, the\u00a0 operator of the auction house. The agreement provided for the licensing of the Sotheby\u2019s International\u00a0 Realty name and the development of a franchise system. The franchise system is comprised of an affiliate\u00a0 network, where each office is independently owned and operated. Sotheby\u2019s International Realty supports\u00a0 its affiliates and agents with a host of operational, marketing, recruiting, educational and business\u00a0 development resources. Affiliates and agents also benefit from an association with the venerable\u00a0 Sotheby\u2019s auction house, established in 1744.\u00a0\u00a0<\/p>\n
The affiliate network is operated by Sotheby\u2019s International Realty Affiliates LLC, and the company owned\u00a0 brokerages are operated by Sotheby\u2019s International Realty, Inc. Both entities are subsidiaries of Realogy\u00a0 Holdings Corp. (NYSE: RLGY) a global leader in real estate franchising and provider of real estate\u00a0 brokerage, relocation and settlement services. Both Sotheby\u2019s International Realty Affiliates LLC and\u00a0 Sotheby\u2019s International Realty, Inc. fully support the principles of the Fair Housing Act and the Equal\u00a0 Opportunity Act.\u00a0<\/p>\n
www.sothebysrealty.com\u00a0<\/p>\n
FOR FURTHER INFORMATION:\u00a0\u00a0<\/b><\/p>\n
Deirdre McMurdy\u00a0\u00a0<\/p>\n
Vice-President, Corporate and Partner Communications\u00a0\u00a0<\/p>\n
Peerage Capital\u00a0\u00a0<\/p>\n
Tel: 647-302-8189\u00a0\u00a0<\/p>\n
Email: dmcmurdy@peeragecapital.com<\/p>\n
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1325 Lawrence Avenue East, Suite 200, Toronto, ON M3A 1C6<\/p>\n
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Peerage Realty Partners is a subsidiary of\u00a0Peerage Capital Group.<\/p>\n
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Our Team<\/a><\/span><\/p>\n Our Partners<\/a><\/span><\/p>\n [\/et_pb_text][\/et_pb_column][et_pb_column type=”1_4″ global_parent=”2709″ _builder_version=”3.25″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_button global_parent=”2709″ button_url=”https:\/\/peeragerealty.com\/content-insights\/” button_text=”Content” button_alignment_phone=”center” button_alignment_last_edited=”on|phone” _builder_version=”4.10.8″ _module_preset=”default” custom_button=”on” button_text_color=”#000000″ button_bg_color=”RGBA(0,0,0,0)” button_border_color=”RGBA(0,0,0,0)” button_font=”|700|||||||” button_use_icon=”off” custom_margin=”||10px|-20px|false|false” global_colors_info=”{}” button_bg_color__hover_enabled=”on|desktop” \/][et_pb_text global_parent=”2709″ _builder_version=”4.10.8″ text_text_color=”#424b5a” text_font_size=”18px” vertical_offset_tablet=”0″ horizontal_offset_tablet=”0″ z_index_tablet=”0″ text_orientation_phone=”center” text_orientation_last_edited=”on|phone” text_text_shadow_horizontal_length_tablet=”0px” text_text_shadow_vertical_length_tablet=”0px” text_text_shadow_blur_strength_tablet=”1px” link_text_shadow_horizontal_length_tablet=”0px” link_text_shadow_vertical_length_tablet=”0px” link_text_shadow_blur_strength_tablet=”1px” ul_text_shadow_horizontal_length_tablet=”0px” ul_text_shadow_vertical_length_tablet=”0px” ul_text_shadow_blur_strength_tablet=”1px” ol_text_shadow_horizontal_length_tablet=”0px” ol_text_shadow_vertical_length_tablet=”0px” ol_text_shadow_blur_strength_tablet=”1px” quote_text_shadow_horizontal_length_tablet=”0px” quote_text_shadow_vertical_length_tablet=”0px” quote_text_shadow_blur_strength_tablet=”1px” header_text_shadow_horizontal_length_tablet=”0px” header_text_shadow_vertical_length_tablet=”0px” header_text_shadow_blur_strength_tablet=”1px” header_2_text_shadow_horizontal_length_tablet=”0px” header_2_text_shadow_vertical_length_tablet=”0px” header_2_text_shadow_blur_strength_tablet=”1px” header_3_text_shadow_horizontal_length_tablet=”0px” header_3_text_shadow_vertical_length_tablet=”0px” header_3_text_shadow_blur_strength_tablet=”1px” header_4_text_shadow_horizontal_length_tablet=”0px” header_4_text_shadow_vertical_length_tablet=”0px” header_4_text_shadow_blur_strength_tablet=”1px” header_5_text_shadow_horizontal_length_tablet=”0px” header_5_text_shadow_vertical_length_tablet=”0px” header_5_text_shadow_blur_strength_tablet=”1px” header_6_text_shadow_horizontal_length_tablet=”0px” header_6_text_shadow_vertical_length_tablet=”0px” header_6_text_shadow_blur_strength_tablet=”1px” box_shadow_horizontal_tablet=”0px” box_shadow_vertical_tablet=”0px” box_shadow_blur_tablet=”40px” box_shadow_spread_tablet=”0px” global_colors_info=”{}”]<\/p>\n