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NRT acquires Coldwell Banker Preferred assets

Realogy Corp. subsidiary NRT L.L.C. has acquired the assets of Coldwell Banker Preferred in Philadelphia for an undisclosed price.

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Realogy Corp. subsidiary NRT L.L.C. has acquired the assets of Coldwell Banker Preferred in Philadelphia for an undisclosed price.

Coldwell Banker Preferred's eight offices and 500 agents closed transactions worth $850 million in total sales volume in 2009, the company said.

President Regina Coia and vice president David Krieger will remain in charge.

NRT L.L.C. is headquartered in Parsippany, N.J.    - Alan J. Heavens