Coldwell Banker Island Properties has acquired the brokerage operations of Coldwell Banker Day-Lum, a Hilo based franchise of Coldwell Banker. As a result of this acquisition, Coldwell Banker Island Properties is now the exclusive franchise of Coldwell Banker on Maui, Hawaii Island and Kauai. Coldwell Banker Pacific Properties, a subsidiary of parent company Realogy continues to operate on Oahu.
“Today we took the last step in unifying the Coldwell Banker brand across the neighbor islands,” said Coldwell Banker Island Properties president Steve Houle. “Through the acquisition, Coldwell Banker Day-Lum agents will benefit from a complete integration into our existing referral networks, training programs and statewide sales resources.”
In speaking about the transition for her brokerage, Nancy Cabral, president of Coldwell Banker Day-Lum shared, “After 25 years as owner of Coldwell Banker Day-Lum Properties, I am pleased to announce a new partnership with Coldwell Banker Island Properties. Our Broker, Glenn Takase and 25 Real Estate agents will continue to represent buyers and sellers with honesty and integrity. The excellent leadership team with Coldwell Banker Island Properties will benefit our Hawaii Island agents and clients as they bring decades of experience and technology to market our properties across Hawai’i and the world.”
With this acquisition, Coldwell Banker Island Properties, completes its second deal in less than a week. Last week Coldwell Banker Island Properties, announced the purchase of Clark Realty on Hawaii Island. Growth will continue to be an area of opportunity for Coldwell Banker Island Properties as the firm seeks expansion opportunities through acquisitions of soundly run real estate brokerages, property management companies and real estate related service providers.