A Coldwell Banker Commercial franchise has launched in Edmonton and is combining with the established residential operation of the former Coldwell Banker Panda Realty. The expanded operation will now operate as Coldwell Banker Venture Realty. The rebranding is part of an overall strategy, repositioning the company for growth.
Jey Arul, president and broker of the newly renamed brokerage, acquired ownership of the residential company earlier this year. “We recently celebrated the 20th anniversary of our company. Now, we’ve expanded and are well positioned to move forward and grow through the next 20 years,” he says.
Arul has 10 years of experience in commercial banking and corporate finance in Edmonton. He obtained his real estate license in 2007 and originally focused on commercial real estate practice, assisting business owners in Alberta to execute acquisitions, with the sale of their businesses and joint-ventures. Since 2010, he has personally transacted more than 55 companies in Alberta.