Blackstone Realty Affiliates With The Coldwell Banker Network

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Apr 14, 2016, 12:00 ET

RANCHO CUCAMONGA, Calif., April 14, 2016 /PRNewswire/ -- Coldwell Banker Real Estate LLC today announced that Blackstone Realty has joined the Coldwell Banker^® network and will operate as Coldwell Banker Blackstone Realty serving the greater Rancho Cucamonga area, nestled in the San Bernardino County foothills of the San Gabriel mountains.

The company was founded by Vance and Kelli Vanevenhoven in 2007 and, with the addition of Sheila Elgart as sales manager in 2013, has grown to 54 independent sales associates with an average of 15 years experience in real estate. The company services the Inland Empire region with an emphasis on the foothill communities surrounding Rancho Cucamonga.

"We are honored to welcome Coldwell Banker Blackstone Realty to the Coldwell Banker network," said Budge Huskey, president and chief executive officer of Coldwell Banker Real Estate LLC. "We are extremely impressed with Vance and Kelli's shared vision for growing the Coldwell Banker brand in Rancho Cucamonga and its surrounding areas."

"Our company is rooted in providing first-class professional service to our customers," said Kelli Vanevenhoven. "We consider Coldwell Banker to be the premier international real estate brand, and we are proud that they view us as a worthy partner. We are confident that our association with Coldwell Banker will allow us to better serve our agents and reach consumers through the amazing resources and tremendous referral network offered by Coldwell Banker.

Along with numerous parks and shopping amenities, award-winning schools and proximity to Los Angeles, the Vanevenhoven's are excited about how recent business decisions will positively impact the local housing market and economy, including a new QVC distribution center estimated to bring more than 1,000 jobs to the area over the next four years.

"With the recent change of control of the Ontario International Airport to local municipalities, the anticipated growth opportunity for local business due to easily accessible distribution centers is very exciting," said Kelli Vanevenhoven. "Along with QVC, we anticipate more companies moving into the area because there are more than 41 additional acres of commercial land adjacent to the airport.

"While the Inland Empire is known for lower prices than Los Angeles and Orange counties, we are experiencing record-low home inventory of just 2.1 months. Thankfully, new home construction developments are already underway in many areas of the Inland Empire, which will eventually help ease the demand we continue to see. We are confident that our new affiliation with Coldwell Banker will position us to capture all of the future growth that is anticipated for this area."

Coldwell Banker Blackstone Realty is independently owned and operated. It is not affiliated with Blackstone, the private equity investment firm based in New York.

About Coldwell Banker Blackstone Realty
Coldwell Banker Blackstone Realty is located at 8311 Haven Ave, Suite #180, Rancho Cucamonga, CA 91730. They can be reached at 909-980-1818. Visit http://www.blackstonerealtors.com for more information.

CONTACT INFORMATION:
Kelli Vanevenhoven
909-980-1818
[email protected]

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SOURCE Coldwell Banker Real Estate LLC