Realogy

Anywhere Real Estate

Anywhere Real Estate

American real estate company


Anywhere Real Estate Inc., formerly Realogy (/ˈrləi/), is an American publicly owned 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

Quick Facts Company type, Traded as ...

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 from Realogy Holdings Corp. to Anywhere Real Estate Inc.[7] This went into effect on 9 June 2022.[8]

Brands


References

  1. 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.
  2. "Cendant". Cendant. Archived from the original on 2007-03-11. Retrieved 2007-06-04.
  3. "Apollo to acquire Realogy for $6.65 billion". msnbc.com. 2006-12-18. Retrieved 2020-04-14.

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