CONLON: A Real Estate company has purchased the Real Estate Group (TREG), in a deal that took only about a month to complete.
The addition of the TREG agents will add about 125-130 agents to the CONLON family, and will also give CONLON will also give the company a Lakeview presence in addition to offices in Roscoe Village and the Near West Side.
TREG, was formed three years ago by Jim Roth, who previously served as the president of Prudential Preferred Properties. “I feel phenomenal,” says Roth of the merger. “Honestly, it’s a reunion of sorts that really feels good. From the first time I sat down with Rich, Tim, Sean and Benji to today’s meeting it feels perfect.”
Roth will remain in the Lakeview office and serve as managing broker, and will also now be the general manager for all of the real estate side of the business and CONLON’s director of business development.
“Acquiring a company with the agent caliber of TREG and Jim Roth, we have taken the next significant step in consolidating our position as the fastest growing boutique real estate firm in Chicago,” says Sean Conlon.
As for the TREG agents, Roth feels that they, too, see the value of the new venture and are excited about the new opportunity. “In some ways we complement them and in other ways they complement us,” says Roth.
In general, Roth is excited about entering some of the markets that CONLON has already conquered, such as bank owned properties and large investment opportunities.
“It’s hard to imagine two companies could come together and meld so well together,” says Roth.
Stay tuned for more updates on this breaking story.