CORCORAN WELCOMES NEWEST FRANCHISE IN HOUSTON

Led by James Krueger, the Houston area firm formerly known as Krueger Real Estate becomes Corcoran Prestige Realty

NEW YORK, Oct. 24, 2023 /PRNewswire/ -- Corcoran Group, LLC today announced its continued expansion by welcoming its newest franchise with the launch of Corcoran Prestige Realty. Owned and led by Founder and CEO James Krueger, the brokerage will serve clients throughout the Houston, Texas metropolitan area. The announcement, made by Pamela Liebman, President and CEO of The Corcoran Group, showcases the brand's continued growth within the exciting Houston market, strengthening its current presence in North Houston and The Woodlands with Corcoran Ferester Realty.

Houston is a robust economic city, driven by the many industries based in the geographic area, spanning the energy, healthcare, aerospace, manufacturing, and technology sectors. Additionally, the Houston Ship Channel serves as one of the busiest commercial waterways in the world, contributing to a stable presence of both domestic and international companies within the area. This strong local economy, driving occupational opportunities, coupled with an affordable cost of living, has allowed Houston's population, and ultimately the real estate market, to grow steadily.

Alongside a robust economy, Houston is home to a diverse and exciting cultural landscape, offering a wide range of coveted amenities, including top-notch universities, numerous professional sports leagues, an expansive public parks network, and both artistic and historical institutions, recognized on an international scale. Houston's network of unique neighborhoods and diversified architectural styles caters to various residents, attracting those seeking traditional high-end enclaves, to those seeking modern homes with urban accessibility, to those seeking classic ranch-style properties on the perimeters of the city, and so many more.

"Introducing Corcoran Prestige Realty in Houston is a pivotal addition to our expanding international affiliate network, not only bolstering our footprint in the greater Houston market, but also strengthening our presence in the South-Central region," stated Liebman. "The team's mantra to serve their valued clients, to hire the best real estate professionals, and to train their exceptional agents, truly resonates with the greater Corcoran brand. I couldn't be happier to support their continued growth under our banner."

A Texas native, Krueger was born and raised in a small town outside of Houston and graduated from Texas A&M University with a degree in economics, as well as earning All-American recognition in archery. Following his academic and athletic endeavors, he capitalized on his client-first professional approach and began his career in real estate, ultimately founding Krueger Real Estate in 2014.

Forged as a company driven by genuine individuals dedicated to making a positive impact, the team has grown to include more than 40 experienced agents supported by a group of specialized employees, all focused on exceeding expectations. Swiftly following their emergence as Corcoran Prestige Realty, the company will be based out of a newly dedicated office, centrally located at 2000 Ella Boulevard in Houston.

"It is incredibly exciting and a great honor for us to join Corcoran in the Houston market, and we already feel the synergy between our local team and the international brand," stated Krueger. "We are confident that this partnership will unlock remarkable opportunities for our team and our city, paving the way for extraordinary growth and success."

For 50 years, Corcoran has stood for excellence in real estate, following their tagline, "Live Who You Are," by providing a human-first approach to real estate that has made it one of the industry's most luminous brands. Through the company's strong history of sales, Corcoran has become a leader in their company-owned regions of New York City, where the brokerage has been ranked #1 based on residential sales volume for the last several years¹ the Hamptons, as well as Miami and Palm Beach in South Florida – some of America's most luxurious markets.

Corcoran's affiliate network has grown steadily both domestically and abroad since its launch in February 2020. In 2022 alone, Corcoran welcomed and expanded affiliates in Florida, Georgia, Connecticut, Washington, Tennessee, New Jersey, the Cayman Islands, and Turks & Caicos. Most recently, Corcoran announced the launch of Corcoran Infinity Properties, based out of Bergen County in New Jersey.

About The Corcoran Group

The Corcoran Group has been a leading residential real estate brand for 50 years. Through its New York City, Hamptons, and South Florida brokerages, along with its rapidly growing affiliate network, the firm is home to over 100 offices and more than 4,500 independent salespersons in key urban, suburban, and resort markets worldwide. Corcoran-affiliated agents earn and keep their clients' trust with an unwavering commitment to white-glove service, expertise, and integrity. In every market served, Corcoran helps you find the home that's just right for you. The Corcoran® brand comprises both offices owned by a subsidiary of Anywhere Advisors LLC (f/k/a Realogy Brokerage Group LLC) and franchised offices, which are independently owned and operated. For more information about The Corcoran Group, please visit www.corcoran.com.

¹ H. Connery & S. Wall, " NYC's top residential brokerages," The Real Deal, Online, Korangy Publishing, 3/2/2023, https://therealdeal.com/magazine/national-march-2023/nycs-top-residential-brokerages/.

SOURCE The Corcoran Group