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Coldwell Banker Realty closing five Chicago-area offices

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Chicago Local News — Coldwell Banker Realty closing five Chicago-area offices that we obtained from news agencies. opinions and stunning details about the Coldwell Banker Realty closing five Chicago-area offices that you have never heard before.

Coldwell Banker Realty closing five Chicago-area offices

Agents told Crain’s in the past few days that the offices in Barrington, Elmhurst, Downers Grove, the West Loop and Wheaton are closing. Ayoub Rabah, president of Coldwell Banker Realty in the central west region, confirmed the information today.

A sixth office, in Libertyville, is moving to a much smaller space—not a closing but another way for the brokerage to shrink its footprint.

Corporate-owned Coldwell Banker Realty is a separate entity from Coldwell Banker Real Estate Group, which in December expanded to 70 offices by acquiring the 10 offices of D’Aprile Properties.

As the real estate market slowed in the latter half of 2022, cuts at brokerages seemed inevitable. New York-based brokerage Compass went first, announcing…

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Posted by Natalia Chi

Chicago Popular; Chicago breaking news, weather and live video. Covering local politics, health, traffic and sports for Chicago, the suburbs and northwest Indiana.

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