Category Archives: Prudential PenFed Realty

Prudential PenFed Realty Expansion to Include New Full-Service Realty Office in Columbia, Maryland

Prudential PenFed RealtyPrudential PenFed Realty announced today that the firm will open a new, full service realty office in Columbia, Maryland on March 27, 2013. The new office, located in the Columbia Corporate Center at 10500 Little Patuxent Parkway, Suite 170, Columbia, Maryland, will feature Fine Homes, New Homes, Relocation, Commercial, and Property Management Real Estate divisions. “We are excited to be revolutionizing real estate while serving the brokerage needs of our existing real estate clients and the members of our parent company who choose to enlist our assistance when buying or selling real estate in Howard, Montgomery, Carroll, and Frederick counties,” said Chris Collins, Branch Manager, Prudential PenFed Realty “This expansion positions us to uniquely serve a sophisticated client base that has come to expect service that is second to none.” Collins went on to say that Prudential PenFed Realty enjoys volunteerism in many of the communities the company serves by supporting charitable organizations like the Sunshine Kids and the PenFed Foundation. The company has also earned a host of industry honors such as the 2011 Spirit of Partnership award for their outstanding Relocation services, and remains in the top 1% of all Prudential affiliates in the world. The scope of the Prudential/Brookfield network, coupled with the company’s accomplishments nationally and reputation locally, enhances what Prudential PenFed Realty agents and their clients experience as evidenced by this agent’s feedback, “I joined Prudential because of the nationally recognized brand name and size of the local brokerage firm, which offers me more business opportunities. I’m still pleased with my decision after five-plus years with the company,” said Jan Schaefer, Sales Associate and Team Leader, Prudential PenFed Realty. Another agent, Elizabeth Lownes stated, “Prudential is imprinted in the minds of consumers, and has an impeccable reputation in the industry.” It was this feeling that led to Lownes’ decision to serve her clients as a member of Prudential PenFed Realty in the new Howard County office. “We see the new Columbia, Maryland office as a great resource and fit for the Howard County community,” said Terri Bracciale, Regional Vice President, Prudential PenFed Realty. “Prudential PenFed Realty has grown over 800% since 2010 with 100% year-over-year growth in Howard County. This exponential growth positions us to expand from our current Howard location to this larger, contemporary, more centrally located space that will enhance the consumer experience.”

Full release can be found at http://www.prweb.com/releases/2013/3/prweb10574670.htm

Prudential PenFed Realty Acquires Prudential Texas Properties

Dallas, TX and Washington, DC (PRWEB) March 04, 2013

PenFed Realty, LLC, a leading full service real estate company serving the Northeast, Mid-Atlantic and Southern United States, announced today that it has acquired AHK Realty, Inc. (AHK), doing business as Prudential Texas Properties, a Dallas-based real estate firm.

“This is an outstanding opportunity for PenFed Realty,” said James Schenck, President of PenFed Realty. “We are committed to our vision of bringing the ‘Member First’ credit union service model to real estate. Our new relationship with Prudential Texas Properties and their outstanding sales professionals and leadership team will provide best in class real estate services to PenFed’s Texas members and the greater Dallas community at large.”

“We are extremely excited to align ourselves with PenFed Realty and PenFed, the third largest credit union in the nation,” said Rick Wylie, president and broker of Prudential Texas Properties. “It is a wonderful opportunity to be a part of a global company with financial strengths, unmatched by any other in our region.”

Over the past few years, PenFed Realty, LLC has increased its presence in order to better serve PenFed Credit Union’s 1.2 million members nationwide. It has experienced success as a result of significant affinity relationships and a reputation among REALTORS® for supporting its agents, creating a stable environment in which they can grow, and providing best in class services to its clients.

Vibrant growth through several very successful mergers in 2012 has increased the presence of PenFed Realty, LLC in the market to over 1400+ world-class sales professionals with 47 office locations. Ranked as one of the top 10 real estate firms in the market with over $500 million in sales, the Prudential Texas Properties acquisition will add another seven office locations and approximately 240 sales professionals; including an additional 30 agents, within its referral company.

Under the agreement, Wylie will remain in his leadership role. The Prudential Texas Properties name will remain unchanged and the firm will continue to manage its sales accordingly.

For more information about Prudential Texas Properties, visit http://www.PruTexas.com.

About PenFed Realty, LLC

PenFed Realty, LLC, was originally established in the Washington, D.C. metropolitan area in 2006 as a full-service real estate brokerage firm and is wholly owned subsidiary of PenFed (Pentagon Federal Credit Union). With annual sales volume over $2 billion, PenFed Realty, LLC serves both PenFed members as well as the general public, and is recognized as a leading real estate company in its service area; ranking it among the top Prudential affiliates nationwide. With 47 offices and over 1400+ world-class sales professionals, PenFed Realty, LLC offers complete service coverage in the Maryland, Northern Virginia, West Virginia, Pennsylvania, Delaware and Washington, D.C. markets, as well as Tennessee, Kentucky, North Carolina, Texas, Kansas, and Florida.

For more information about PenFed Realty, LLC, visit http://www.PenFedRealty.com.

Read the full story at http://www.prweb.com/releases/2013/3/prweb10494695.htm