Each month, REM shares brokerage expansions and conversions, leadership appointments and other key industry moves. Have an announcement to share? Email your news to [email protected] by the 26th of each month, and don’t forget to include a photo!
Expansions, mergers and conversions
Sutton Group expands in the west
Real estate company Sutton Group is expanding its reach with two new offices.
This month, Sutton announced the grand opening of Sutton Beeline Calgary and Sutton Centre Kelowna.
The establishment of the new locations was strategic, says Sutton, as both Kelowna and Calgary offer “significant market opportunities for growth.”
Sutton Beeline in Calgary is led by managing broker Zaeena Gul, while Sutton Centre Kelowna is co-led by managing brokers Emily Coates and John Skender.
“The opening of Sutton Beeline Calgary and Sutton Centre Kelowna represents a significant step forward for Sutton,” said Beatrice Cosentini, vice-president of Sutton’s western region.
“In a market where there is increased demand for innovative solutions, this team exemplifies the forward-thinking vision and enthusiasm required to drive meaningful change in the market.”
Royal LePage welcomes Saskatchewan brokerage
Mark Zawerucha
Royal LePage is announcing the opening of Royal LePage Success Realty, based in Yorkton, Sask.
The brokerage will serve clients in Yorkton, as well as surrounding communities including Melville, Springside, Saltcoats, Theodore, Good Spirit Lake and beyond.
The new brokerage is led by Mark Zawerucha, formerly an associate broker with Re/Max, who brings nearly a decade of real estate experience to his new ownership role.
“In the short term, my goal is to establish Royal LePage Success Realty as a trusted name in Yorkton and surrounding areas,” said Zawerucha. “Long term, I want to grow a strong team of professionals who share my commitment to delivering outstanding service to clients.”
Executives Property Management and Century 21 Assurance Realty Ltd. join forces
Treena Piva
Property management company Executives Property Management (Formerly Real Property Management), which services Kelowna and the B.C. Interior, has merged with Century 21 Assurance Realty Ltd.
Treena Piva and Aaron Piva of Executives Property Management will continue their leadership as managing directors of property management.
Century 21 Assurance Realty is led by managing broker Kim Davies.
“Our mission has always been to serve with integrity, lead with purpose, and create value for both investors and residents,” said Treena Piva. “Together, we’re taking that promise to the next level – continuing our commitment to redefine and elevate the expectations of property management through strategic innovation, advanced technology, and next-level service.”
Corcoran Horizon Realty opens new Hamilton office
Corcoran Horizon Realty is deepening its roots in Ontario with the opening of its newest office in Hamilton.
Heading up the office as broker/managing partner is Martinus Geleynse, who brings over 16 years of experience in real estate, marketing and community development to the role, according to a company statement.
“Our new Hamilton office reflects our belief in the city’s resilience, diversity and unmatched character,” said Cliff Rego, CEO and broker of record for Corcoran Horizon. “Hamilton is a place of reinvention and grit, where heritage meets innovation. We’re proud to establish a presence in a city that’s not only steeped in history but also driving forward with creativity, entrepreneurship, and community spirit.”
Corcoran is already established in the markets of Kitchener, Cambridge, Port Severn and Toronto.
Odyssey Retail Advisors expands to Canada
Odyssey Retail Advisors, a premier real estate advisory firm, is expanding into the Canadian retail market with a footprint in Toronto.
Headquartered in New York, with offices in Miami, Chicago and Los Angeles, the firm advises luxury and contemporary retailers in expanding their presence worldwide and guides developers in creating upscale shopping destinations.
Joining Odyssey as part of the Canadian expansion are Casdin Parr, David Bishop and Ryan McCarthy as executive vice presidents, along with Lesia Czech as director.
Together, they bring decades of experience advising national and international retailers across the Canadian retail landscape, says a company statement.
“This is a pivotal step in Odyssey’s continued evolution as a global advisory platform,” said Rich Johnson, principal at Odyssey Retail Advisors.
“Casdin, David and Ryan are widely respected for their deep client relationships, market expertise, and strategic thinking. Their presence enhances our ability to support clients in one of the most important luxury markets in North
America.”
Important milestones
New HQ for Berkshire Hathaway HomeServices Québec
Berkshire Hathaway HomeServices Québec is celebrating the grand opening of its new headquarters in Montreal.
Located minutes from Royalmount, dubbed the largest private development underway in the province, the move marks a step forward for the brokerage, which established itself in Québec in 2020.
The 2,000-square-foot space, located in suite 290 of 5929 Trans-Canada Highway, is designed to have the look and feel of a penthouse condominium, rather than an office, according to a company statement.
The brokerage is led by founder and CEO Sacha Brosseau, who is planning to expand across the province.
“We will grow with the right people, at the right pace,” he said in a statement. “We’ve witnessed what happens when large corporations prioritize spreadsheets over their brokers, and we are building a different kind of company—one where growth serves to strengthen and support every member of our organization.”
Engel & Völkers Ottawa signs up for another decade
Engel & Völkers Ottawa recently announced the renewal of its franchise agreement, marking a decade in Ottawa’s high-end real estate market and committing to another 10 years under license partners John King and Larry Mohr.
Since 2016, Engel & Völkers Ottawa has expanded to four shops across the metropolitan region.
The brokerage has become a major player in Ottawa’s luxury segment, representing 12 per cent of all properties sold over $1 million and a commanding six per cent of the overall market share, according to a company statement.
Their 150 advisors make up three per cent of the local real estate board.
