realliving: Merge Creates One of the Largest Real Estate Franchises in Northern America - 11/11/09 12:12 AM
Barely a year ago the real estate industry was stunned when Canadian-based Brookfield Residential Property Services (Brookfield RPS), a division of Brookfield Asset Management Inc. (Brookfield), and owner of Royal LePage, the largest Canadian residential real estate company, acquired GMAC Real Estate. With the departure of CEO John Bearden and a pending name change imminent, many labeled the GMAC franchise as yesterday’s news.
What a difference a year has made.

Announcing their second large acquisition today, Brookfield RPS has now also the owner of Real Living Network Services, a subsidiary of Real Living Inc. Combining the two companies creates one … (163 comments)