Cairn Real Estate Holdings Acquires JP And Associates Realtors And JPAR Franchising


Funding Units Basis for Nationwide Actual Property Providers Platform

DALLAS, Texas and SALT LAKE CITY (Could 4, 2021) — Cairn Actual Property Holdings, LLC and its Chairman and CEO Rick Davidson introduced right now that it has acquired JP & Associates Realtors and JPAR Franchising, a number one actual property brokerage and franchise enterprise headquartered in Frisco, TX. Based on Actual Developments, JP & Associates Realtors is at present ranked within the High 25 Largest Actual Property Brokerage Corporations within the U.S.; the #1 Unbiased Actual Property Brokerage Agency in Texas; and a High 100 New Franchises by Entrepreneur Journal. The mixed enterprise boasts greater than 3,300 brokers in 61 workplaces throughout 23 States and in 2020 accomplished greater than 22,300 dwelling sale transactions.

“Cairn Actual Property Holdings is extremely excited to announce the acquisition of JPAR as our platform funding,” Davidson stated. “The dimensions, repute and market place of the corporate supplies the foundational construction to develop a nationally primarily based and extremely aggressive actual property companies firm.”

Davidson is a 30-year {industry} veteran who has served in a number of capacities together with a 10-year run with Realogy in government management roles, most lately as world chief government officer of Century 21 Actual Property. Cairn Actual Property Holdings is a partnership between Davidson and personal fairness agency Aperion Administration, targeted on an integration technique throughout the actual property companies {industry}. Their goal is to ship a nationally primarily based seamless client expertise within the dwelling buy and residential sale course of.

Over the previous decade, know-how has dramatically improved the actual property {industry}, offering transparency and a complete suite of companies for the buyer, whereas delivering assets to maximise productiveness for brokers and working leverage for the enterprise. What has not modified is the important position brokers play within the dwelling sale, dwelling buy course of.

“Actual property brokers are the lifeblood of the {industry}. Vital to our technique is our deal with the agent’s continued progress and success in an ever-evolving surroundings. Based on NAR, the agent is on the middle of 90% of client actual property transactions and our consideration will probably be targeted on offering our brokers the most effective platform, via the most effective manufacturers of their native
market,” Davidson stated. “A key differentiating benefit of the Cairn platform is in our potential to serve brokers throughout a mess of compensation fashions. Many rivals throughout the {industry} have ‘dedicated to a lane,’ which may restrict their potential to develop and increase. Our dedication is to serve the agent and the buyer via native market corporations who’re targeted on service, repute and market place.”

Cairn will purchase and or greenfield ancillary service suppliers, impartial brokerages, franchise branded brokerages and franchise platforms working throughout the spectrum of agent compensation fashions from conventional break up to transaction payment fashions.

The actual property {industry} has developed quickly over the previous decade and faces quite a few challenges. The proliferation of know-how has modified the expectations of each brokers and customers when it comes to the worth of companies rendered. The {industry} is extremely fragmented with greater than 100,000 actual property brokerages controlling almost 40% of dwelling sale transactions. The flexibility for a lot of of those corporations to evolve inside an ever-changing surroundings has been challenged, impacting margins and the persevering with stress to ship the next degree of service.

“We imagine the most effective strategy is to create working leverage via scale,” Davidson stated. “The ‘silver tsunami’ sweeping throughout the {industry} has pushed most of the nice brokerage corporations to hunt succession methods. Cairn Actual Property Holdings, via our partnership with Aperion Administration, is structured to shortly scale and ship a complete suite of companies for brokers and the buyer.”

JPAR was based by Giuseppe ‘JP’ Piccinini in 2011 as a 100% commission-based mannequin and over the previous decade has grown to be one of many nation’s largest impartial actual property brokerages. JPAR Franchising was launched in 2018 and has grown shortly to serve franchisees in 23 states throughout the nation.

With a background as a prime producing agent, Piccinini set the inspiration of his industry-disruptive firm upon the important parts of productiveness and repair. The corporate prides itself on offering a full-service expertise for its brokers together with an {industry} main tech stack constructed on an open API structure, coaching, teaching, mentorship packages and bodily workplace places, all in a transaction payment construction.

“JPAR Actual Property was born out of a easy idea to provide actual property brokers with the whole lot they might probably need or want in a brokerage,” Piccinini stated. “We now have constructed an unbelievable tradition and legacy that can stay on and increase below Cairn Actual Property Holdings.”

“The JPAR Nation welcomes this thrilling new period of progress,” stated Mark Johnson, CEO of JPAR Brokerage. “Rick Davidson is an actual property powerhouse and we’re excited to be a part of his daring imaginative and prescient for the way forward for the actual property companies {industry}.”

About JPAR

JPAR Actual Property and JPAR Franchising is a full-service actual property brokerage and franchise platform providing a extremely aggressive transaction fee-based mannequin and agent-centric tradition. The JPAR platform supplies brokers 7 day-per-week dealer assist, bodily workplace places, a complete tech stack and open structure, bodily workplace places, advertising and marketing, lead era, coaching, teaching, mentoring and agent well being care. The corporate boasts greater than 3,300 brokers working in 61 workplaces throughout 23 states.

About Cairn Actual Property Holdings:

Cairn Actual Property Holdings, LLC is a partnership between {industry} veteran Rick Davidson and personal fairness agency Aperion Administration. The corporate is concentrated on an integration technique throughout the actual property companies {industry}. Their goal is to ship a nationally primarily based seamless client expertise within the dwelling buy and residential sale course of. The Cairn mannequin will improve agent and client experiences via the supply of a complete ecosystem of actual property associated companies.

About Aperion Administration:

Aperion Administration, shaped in 2006, is a personal fairness agency that seeks to spend money on each fairness and debt in center market companies valued between $15 million and $250 million with strong fundamentals and enticing progress prospects. Aperion seeks to accomplice with pushed administration groups to establish key enterprise drivers and unlock alternatives for worth creation and progress. JPAR will be a part of Aperion portfolio corporations LJP Enterprises, Inc., a number one supplier of strong waste processing and transportation companies; Tri Con Works, LLC, a number one environmental companies supplier specializing within the development and upkeep of landfill gasoline monitoring, assortment and restoration programs, in addition to leachate programs; BrandShare, an eCommerce media community in america offering unique entry for entrepreneurs of client packaged items and different blue chip advertisers to succeed in customers of their properties via quite a lot of means and Ontario Drive & Gear Restricted, the world’s main producer of amphibious utility/excessive terrain automobiles for industrial and leisure use below the Argo model, in addition to a number one supplier of top of the range gears, couplings and transmission parts.

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Rick Davidson Cairn Actual Property Holdings [email protected] 202-236-5103

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Contact Data:

Rick Davidson
Cairn Actual Property Holdings
[email protected]