Coldwell Banker Residential Brokerage Acquires Realty by Rhea in Texas

18-Year Old Arlington Company Specializes in Property Management

Irving, Tex. - August 15, 2012

Coldwell Banker Residential Brokerage in Dallas/Fort Worth announced today that it has acquired the assets of Realty by Rhea, Inc., a property management and residential real estate company in Arlington, Texas. Realty by Rhea will now operate as Coldwell Banker Residential Brokerage.

Co-owners James and Betty Rhea will join Coldwell Banker Residential Brokerage’s Arlington office, creating a satellite location for the company’s leasing and property management division, which is overseen by Mark Stroud, leasing and property management manager.

“The Rhea’s well-established organization has experienced impressive results over their 18 years in business, developing a solid reputation for quality real estate services,” said Sue Meyer, president, Coldwell Banker Residential Brokerage in Dallas/Fort Worth. “We are delighted to welcome these professionals to the Coldwell Banker Residential Brokerage family as we continue to serve our growing client base.”

Betty Rhea has managed property for 21 years, including large apartment complexes, townhome communities, home owners’ associations and single-family residences. Jim Rhea is a hands-on real estate sales associate who also has extensive experience in the maintenance of properties and relationship building with owners and residents.

“We are very excited to be part of Coldwell Banker Residential Brokerage in Dallas/Fort Worth,” said Betty Rhea. “We will not only be able to continue to provide our clients with the personalized services that we are known for in our market, but we will also be able to extend those services through the expanded resources and global connections of Coldwell Banker.”

About Coldwell Banker Residential Brokerage – Dallas/Fort Worth
Coldwell Banker Residential Brokerage in Dallas/Fort Worth (
CBDFW.COM), with 16 locations and more than 725 associates and staff, is a leading residential real estate company in Texas, and is owned and operated by NRT LLC, the nation’s largest residential real estate brokerage company. The Coldwell Banker network has approximately 3,100 residential and commercial real estate offices and 83,000 sales associates in 51 countries and territories. Coldwell Banker Real Estate LLC and NRT LLC are subsidiaries of Realogy Corporation, a global provider of real estate and relocation services.

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