Climb Real Estate, a boutique San Francisco brokerage focused on city-dwelling Millennials, has been acquired by NRT LLC, the nation’s largest residential brokerage, the companies announced Wednesday.NRT is the parent of Coldwell Banker, Sotheby’s International Realty and ZipRealty and a subsidiary of Realogy, a publicly traded real estate conglomerate.NRT has pursued the same approach with other regional firms it acquired including the Corcoran Group in New York City and Laura McCarthy Real Estate in St. Louis, said Bruce Zipf, NRT’s president and chief executive.Climb tries hard to appeal to Millennials by focusing on mobile technology and social media.“I believe what this represents is a more traditional type platform coming together with a more innovative, unique-type platform” and providing the financial capital to expand Climb in the Bay Area, Zipf said.Greg Macres, NRT’s executive vice president for the western region, said, We want our agents to be more mobile (and) stretch the boundaries of technology.
NYS Entity Status
NYS Filing Date
JANUARY 27, 2014
NYS DOS ID#
NYS Entity Type
DOMESTIC LIMITED LIABILITY COMPANY
2014 - HOLLIS ESTATE REALTY LLC
AROUND THE WEB
- Nation’s largest brokerage firm acquires SF’s Climb Real Estate
By Kathleen Pender - Wednesday Aug 31, 2016
- What to Do When You’ve Picked the Wrong Suburb
By BROOKE LEA FOSTER - Friday Jul 28, 2017
After leaving the city, some people discover that the first town they choose isn’t quite right and they have to search for a place that is a better fit.
- Inside New York City’s Priciest Rentals
By CAROLINE BIGGS - Friday Sep 1, 2017
Some New Yorkers could afford to buy multimillion-dollar properties, but they’d rather rent a place for upward of $20,000 a month.
- Another New York Diner Turns Off the Grill, a Victim of Rising Rents
By REMY TUMIN - Sunday Jul 16, 2017
Cup & Saucer is closing after more than 70 years in Lower Manhattan, the latest sign that the days of the classic city diner may be numbered.
- RealtyShares raises $28 million for commercial real estate investing
By Katie Roof - Thursday Sep 14, 2017
Commercial real estate can be a lucrative investment, but it can be hard to come up with the money to buy a stake in the first place.That’s the idea behind RealtyShares, a platform which pools together debt and equity investments for apartments, office buildings and retail centers. Now the San Francisco-based startup has gained enough traction to find another big investment for itself. Read More
- A Dip in the Living Room Pool
Friday Sep 15, 2017
In a slowing luxury real estate market, developers are investing in amenities to attract buyers. Explore Soori High Line, where more than half of the units come with private, saltwater pools.