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SUCCESSFUL MERGER MEANS ADDED GROWTH
FOR PRUDENTIAL CALIFORNIA REALTY
(MODESTO, California) Prudential California Realty, one of the largest and top-producing real estate companies in California, is continuing its rapid expansion by means of an additional acquisition. Prudential California Realty has merged with and acquired a six-office Prudential California Realty brokerage in the Napa, Solano and Yolo counties which is located west of Sacramento and east of San Francisco.
This 125-agent firm officially merged with Prudential California Realty in Modesto, CA on July 31, 2007 when company President Craig C. Lewis and Prudential California Realty Napa, Solano and Yolo owner and broker Dave Wickman signed paperwork to make the two brokerages one. In addition, PCR Financial, a mortgage company, will be a part of the newly merged company in Napa, Solano and Yolo counties. Now with offices in Stanislaus, San Joaquin, Merced, Fresno, Napa, Solano and Yolo counties, Prudential California Realty with its mortgage entities has strengthened its presence in Northern California. The newly merged company will operate as Prudential California Realty under the direction of Craig C. Lewis. With over two decades of real estate experience, Dave Wickman will stay on as the area manager for the Napa/Solano Region.
"I have always had an admiration for the leadership at Prudential California Realty headquartered in Modesto, CA," said Dave Wickman. "I wanted to be with a company I hold in high regard and whose business model and goals were more in line with my own. This will be a very positive change for the agents, our loan officers and the local community."
With a combined total of 375 sales associates, 50+ managers and staff, 14 residential offices and 4 virtual offices, this merger positions Prudential California Realty as one of the top 200 brokerages in the Unites States. Residential offices are located in Modesto, Manteca, Stockton, Lodi, Waterford, Oakdale, Turlock, Fresno, Vacaville, Napa, Fairfield, Green Valley, American Canyon and Vallejo, California. Virtual offices are located in Tracy, Ceres, Riverbank and Merced, California.
"It is with great enthusiasm that our Prudential families join forces," said Craig C. Lewis, president and of Prudential California Realty. "This merger opens many doors for enhanced networking, increased market share and positive development. I am excited about the tremendous possibilities this merger brings to our organization."
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Founded in 1965 as Stone Real Estate and transitioning to the Prudential name in 1989, Prudential California Realty (PCR) provides comprehensive real estate service when buying, selling and owning a property. The PCR family of companies includes Prudential Relocation (an independent organization that is part of Prudential Real Estate and Relocation Services), Guarantee Pacific Mortgage, LLC (an affiliate of Wells Fargo Home Mortgage, Inc.), PCR Financial, a mortgage company, Wolverine Property Management, Sylvan Transaction Services and Prudential Commercial Real Estate (an independently owned and operated member of Prudential Commercial Services). Prudential California Realty is an independently owned and operated member of the Prudential Real Estate Affiliates, Inc. To learn more, visit http://www.PruCalifornia.com/. |
