NRT's Coldwell Banker Residential Real Estate in Florida

Strengthens Fort Myers/Naples Market Presence with Two Acquisitions

FORT MYERS, Fla. - May 30, 2014 // PRNewswire // - Coldwell Banker Residential Real Estate LLC, the largest residential real estate brokerage in Florida, announced today that it has acquired the assets of Island Coastal Realty in Estero, Fla., and 5th Avenue Real Estate in Naples, Fla. Coldwell Banker welcomes Island Coastal Realty's 13 sales associates and 5th Avenue Real Estate's six sales associates from their two respective offices.

"We are very pleased to welcome the professionals of Island Coastal Realty and 5th Avenue Real Estate," said Clark Toole, president of Coldwell Banker Residential Real Estate in Florida, which is part of NRT LLC, the nation's largest residential real estate brokerage company. "Our company is expanding operations in Southwest Florida and seeking opportunities to grow by identifying sales associates who know the local market inside and out. These independent professionals bring an excellent reputation in the industry and local community."

Under the leadership of Gwen and Kip Martin, Island Coastal Realty has provided professional real estate services to the Estero community for several years. Gwen Martin will join Coldwell Banker Residential Real Estate as branch manager of the Cape Coral office, and Kip Martin will affiliate with Coldwell Banker's Fort Myers office as a sales associate.

Gwen Martin has more than 20 years of experience as a licensed real estate agent, held numerous leadership positions with the Cape Coral Chamber of Commerce and has been a broker for 10 years. She has earned numerous certifications over her career, including Certified Residential Specialist, Certified Residential Broker, Accredited Buyer Representative, Short Sales & Foreclosure Resource, Seniors Real Estate Specialist and Certified Distressed Property Expert. She holds her Graduate Realtor Institute designation and has won numerous sales and management awards during her career.

Stefan Bolsen, owner of 5th Avenue Real Estate in Naples, was previously the master license partner and head of real estate for Engel & Volkers Florida. He and his wife, Bea Bolsen, who are both former attorneys from Germany and enjoy a large clientele of real estate buyers from around the world, will become independent sales associates at Coldwell Banker Residential Real Estate.

Coldwell Banker Residential Real Estate has expanded its reach through several acquisitions over the past 14 months, including five in Brevard County (Melbourne) and one in Flagler County (Palm Coast).

About Coldwell Banker Residential Real Estate LLC

Coldwell Banker Residential Real Estate is a leading full-service residential real estate company with more than 75 offices and 4,800 independent sales associates serving the communities of Central Florida, Palm Beach, Southeast Florida, Southwest Florida and Tampa Bay. Coldwell Banker Residential Real Estate is a subsidiary of NRT LLC, the nation's largest residential real estate brokerage company. NRT operates the company-owned brokerage operations of Realogy Holdings Corp. (NYSE: RLGY). Coldwell Banker Residential Real Estate also is a member of the Coldwell Banker global franchise network, which includes 3,100 offices with over 84,000 affiliated sales associates spanning 48 countries. Every day, Coldwell Banker Residential Real Estate properties are exposed to 16 million buyers on more than 725 high-traffic websites.

For more information or to view local listings, visit FloridaMoves.com.

SOURCE Coldwell Banker Residential Real Estate LLC

Media Contact:

Jennifer McGuire
941.487.1432
jennifer.mcguire@nrtsoutheast.com

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