MERGERS AND ACQUISITONS
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REDC, continued ...
“This is a good transaction for both companies as it allows Pulte to
focus on its builder title operations while providing new growth
opportunities for the Commerce Title retail team” says Debra W. Still,
who oversees Pulte’s Financial Services Operations.
Approximately
130 Commerce Title retail employees will transition with the sale.
Headquarters for the Commerce Title retail operation acquired by REDC
will be located in Dallas, Texas. Pulte will retain that portion of the
Commerce Title operations that support its new home sales, and the
headquarters for those operations will also remain in Dallas. Commerce
Title was formerly a subsidiary of Centex Corporation, which merged
with Pulte effective August 18, 2009.
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REDC, continued ...
“This is a good transaction for both companies as it allows Pulte to focus on its builder title operations while providing new growth opportunities for the Commerce Title retail team” says Debra W. Still, who oversees Pulte’s Financial Services Operations.
Approximately 130 Commerce Title retail employees will transition with the sale. Headquarters for the Commerce Title retail operation acquired by REDC will be located in Dallas, Texas. Pulte will retain that portion of the Commerce Title operations that support its new home sales, and the headquarters for those operations will also remain in Dallas. Commerce Title was formerly a subsidiary of Centex Corporation, which merged with Pulte effective August 18, 2009.
<< PREVIOUS PAGE
Related headlines
CT/KDF Community Development Partners closes $36 million
Newport Beach's Stoneridge Capital buys retail center for $20 million
Voit Real Estate tops local industrial deals
Laguna Niguel's Raintree Partners makes $21 million acquisition
Trumark Cos. moves forward with plans for new-home project in Brea
Anaheim's Harbor Lofts auction is Dec. 1
