Anywhere Real Estate

Anywhere Real Estate Inc.
Company typePublic
IndustryReal estate
Founded2006; 19 years ago (2006)
Headquarters
Madison, New Jersey, U.S.
Area served
Global
Key people
ProductsReal estate services
RevenueIncrease US$6.918 billion (2022)
Increase US$435 million (2021)
Increase US$343 million (2021)
Total assetsIncrease US$7.21 billion (2021)
Total equityIncrease US$2.19 billion (2021)
Number of employees
7,900 (2024)
SubsidiariesAnywhere Advisors
Anywhere Brands
Anywhere Integrated Services
Better Homes and Gardens Real Estate
Cartus
Century 21
Coldwell Banker
Corcoran Group
ERA Real Estate
Sotheby's International Realty
Websiteanywhere.re
Footnotes / references
[2]

Anywhere Real Estate Inc., formerly Realogy (/ˈriːlədʒi/), is an American publicly traded 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 

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. ^ a b 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. ^ a b "2021 Form 10-K, Realogy Holdings Corp". U.S. Securities and Exchange Commission. 25 February 2022.
  3. ^ "Cendant". Cendant. Archived from the original on 2007-03-11. Retrieved 2007-06-04.
  4. ^ "Apollo to acquire Realogy for $6.65 billion". msnbc.com. 2006-12-18. Retrieved 2020-04-14.[1]
  5. ^ "Realogy Raises $1.08 Billion, Pricing IPO at Top End of Range". Bloomberg. Retrieved 27 May 2013.
  6. ^ "Realogy to Relocate Headquarters and 950 Jobs to Madison". patch.com. 2011-11-28.
  7. ^ "Realogy rebranding as Anywhere Real Estate". therealdeal.com. 2022-05-11.
  8. ^ "Form 8-K, Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year". U.S. Securities and Exchange Commission. 9 June 2022.
  9. ^ "ANYWHERE REAL ESTATE INC. NAMED A GREAT PLACE TO WORK® FOR FIFTH YEAR IN A ROW". www.prnewswire.com. Retrieved 2023-02-18.

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