Coldwell Banker Residential Brokerage Acquires Lambert & Lambert Associates in Cumberland, Rhode Island

WALTHAM, Mass. - June 7, 2011

Coldwell Banker Residential Brokerage, the largest residential real estate brokerage firm in New England, today announced it has acquired the assets of Lambert & Lambert Associates, Inc., in Cumberland, R.I. Lambert & Lambert's single-office residential real estate company located at 1985 Mendon Road will now operate under the banner of Coldwell Banker Residential Brokerage. Sales associates from Coldwell Banker Residential Brokerage's neighboring office at 1764 Mendon Road will relocate to the newly acquired location, where Lambert & Lambert currently has 18 residential real estate professionals.

Ernest Lambert, president and owner of Lambert & Lambert, will join Coldwell Banker Residential Brokerage in a sales role.

"We are pleased to welcome this respected group of real estate professionals to the Coldwell Banker Residential Brokerage team," said Rick Loughlin, president of Coldwell Banker Residential Brokerage in New England. "Their reputation for providing exceptional customer service is highly regarded in the marketplace, and we look forward to a bright future together."

Lambert & Lambert was established in Cumberland in 1977 and has been a market leader in the new construction arena.

"By joining Coldwell Banker Residential Brokerage, our sales associates will have access to the latest technology, state-of-the-art marketing tools and superior educational programs -- all of which are critical to helping today's buyers and sellers achieve their goals," said Lambert. "We are excited to join this industry leader, and together, we are well positioned to provide remarkable service throughout Rhode Island."

Coldwell Banker Residential Brokerage is the largest residential real estate brokerage company in New England. With more than 4,000 sales associates and staff in 90 office locations, the organization serves consumers in Massachusetts, Rhode Island, New Hampshire and Maine. Coldwell Banker Residential Brokerage is part of NRT LLC, the nation's largest residential real estate brokerage company. NRT, a subsidiary of Realogy Corporation, operates Realogy's company-owned real estate brokerage offices. For more information please visit www.NewEnglandMoves.com.




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