Brookfield Residential Property Services, an affiliate of Brookfield Asset Management, has purchased Prudential Real Estate and Relocation Services. The union creates North America’s third-largest residential real estate brokerage business and the world’s second-largest relocation-services provider.
Prudential Network Realty will remain an independently owned and operated local Northeast Florida real estate company under the leadership of President and Chief Executive Officer Linda Sherrer, Executive Vice President of Residential Real Estate Christy Budnick, and partners Thomas Petway, W.A. McGriff, E. Bruce Bower, and J. Michael Hughes.