CENTURY 21 Peak Announces the Acquisition of North Hollywood based CENTURY 21 O J Realty as Part of its Expansion Plan to Grow Its Branch Network

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Los Angeles based real estate brokerage continues to establish itself as a top CENTURY 21 franchise in the San Fernando Valley with the addition of a North Hollywood office.

We are thrilled that the establishment of a base in the storied North Hollywood area will serve as yet another stepping stone in attaining our fullest value as a leader in the Southern California real estate market.

CENTURY 21 Peak (http://c21peak.com) today announced today the establishment of a North Hollywood branch with the completion of a deal that welcomes CENTURY 21 O J Realty and Investment Company as a fourth branch of C21 Peak. Part of an aggressive five-year initiative to expand the company’s presence in the Los Angeles market, the acquisition follows on the heels of its September 15th 2015 affiliation with CENTURY 21 Real Estate LLC, the establishment of a separate commercial real estate brokerage CENTURY 21 Peak Commercial (http://c21peakcommercial.com) and its purchase of a Granada Hills C21 affiliate announced on October 5th 2015. A joint statement released by C21 Peak owners Eli Tene and Gil Priel conveyed their optimism. “We are thrilled that the establishment of a base in the storied North Hollywood area will serve as yet another stepping stone in attaining our fullest value as a leader in the Southern California real estate market."

As one of the newest C21 affiliates in the global network, C21 Peak has set a monumental goal to become one of the top producing franchises in the network as evidenced by its second acquisition within six months. By leveraging the technological, training, and marketing advantages represented by the CENTURY 21® System available to agents, C21 Peak’s management is confident they can achieve that goal within five years. Additionally, the new C21 Peak location serves one of the fastest growing neighborhoods in the San Fernando Valley boasting a phenomenal arts district and Metro Line access. C21 Peak hopes to exploit access to this new client base with exposure through the new location, and reach new Hispanic markets already cultivated by the branch’s 30 year presence in the area. Tene commends owner Priscila Dubon and Broker of Record Helen Dubon for the remarkable work they’ve done to develop a strong reputation for branch, and is pleased they will stay on to oversee operations under the new C21 Peak name. According to Priscila, “We’re honored to have our accomplishments recognized, and look forward to a great relationship with Eli, Gil, and the rest of the C21 Peak team to become the go-to resource for real estate services in our community.”

Rick Davidson, president and chief executive officer, Century 21 Real Estate LLC commends C21 Peak for their recent acquisition and how it represents a “win – win – win” for the brokerage, consumers, and the iconic C21 brand which includes over 6,900 franchises worldwide in over 78 countries and territories. “Eli, Gil, and their team continue to demonstrate their commitment to expanding into new markets, rivaled only by a service ethic to produce results for consumers,” states Davidson. “Their efforts will continue to make the iconic CENTURY 21 brand as the go-to place for consumers and industry professionals alike for years to come.”

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Wendell Grayson
Peak Corporate Network
since: 10/2009
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