A dispute between partners at the residential brokerage @Properties has resulted in one person leaving the company. Matt O'Laughlin and fellow Alexander Real Estate partners Alex Irrer and Eric Walstrom became a franchise of Chicago-based @Properties just over a year ago. Alexander was founded in…
Matt O'Laughlin, a partner with the residential brokerage @Properties, has left the company, citing a dispute with his partners.O'Laughlin and fellow Alexander Real Estate partners Alex Irrer and Eric Walstrom became a franchise of Chicago-based @Properties just over a year ago. Alexander was…
@properties Taps Detroit s Top Brokerage Firm for First Franchise
Alexander Real Estate, the market share leader in downtown Detroit and with an established presence in the suburbs, will adopt @properties branding, marketing and technology, as it gears up for major growth.
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DETROIT, Feb. 16, 2021 /PRNewswire/ Chicago-based @properties, the nation s 10
th largest residential brokerage firm by sales volume, and Alexander Real Estate, which has offices in downtown Detroit and Royal Oak, Michigan, announced today that Alexander will become the first @properties franchise in the country.
@properties co-founders, Thad Wong and Mike Golden, @properties president of brand growth, Chris Lim, and Alexander Real Estate partners, Eric Walstrom, Alex Irrer, and Matt O Laughlin made the announcement.
Inman Connect
Four and a half months after launching a franchise brand, Chicago’s @properties today announced that Detroit-based Alexander Real Estate will become its first franchise company.
As a franchise, Alexander Real Estate will rebrand itself to operate under the @properties banner. It also aims to “quickly grow from $120 million to $500 million in annual sales by gaining market share in the areas it currently serves and expanding throughout the Detroit metro area,” according to a company statement.
Eric Walstrom and Alex Irrer founded Alexander Real Estate in 2016. Since then, the company has grown quickly and is now the top broker in downtown Detroit, among other things, the statement notes.