Realogy new Cendant real estate name
Realogy. That’s the new name of Cendant’s standalone, publicly traded real estate services company that owns such brokerages as the Corcoran Group and Sotheby’s International Realty. The name change, according to Cendant, will take effect in the second quarter of 2006, when the spin-off from Cendant is completed. Cendant announced in October that it was splitting into four different publicly traded companies. Realogy is supposed to translate as the “study of real estate,” Cendant announced.
Baruch College adds real estate offerings
Baruch College’s Zicklin School of Business has added a Department of Real Estate. The new department is the first in New York City to offer a BBA in real estate, according to Baruch. Ko Wang, who holds Baruch’s William Newman Chair in Real Estate Finance, will head the new department.
Vision Real Estate Group opens brokerage division
New York-based Vision Real Estate Group announced the opening of a full residential brokerage division under the name of Equinet Properties. Equinet will be managed by Thuyha Pham and supervised by Amir Yerushalmi.
Barak Realty expanding rental department
Barak Realty has expanded its rental department and added 14 new work stations to its Upper West Side office. The firm is in the process of hiring a rental listings manager and up to 20 new agents. Lee Miller has been appointed project manager.
Listingmania.com launches
A site that supports free residential listings, www.listingmania.com, launched in late February. The site hopes to pick up posts from Craigslist once it starts charging rental listings fees.
CB Richard Ellis acquires Advocate Consulting Group
CB Richard Ellis announced last month that it has acquired Advocate Consulting Group Inc., a real estate project and construction management consulting firm in the New York area. Advocate will immediately adopt the CB Richard Ellis name and brand.