Wednesday, January 31, 2018

The Keyes Company Acquires Rickenback Realty in Aventura, FL

From left:  Keyes Senior Vice President Steve Reibel, Rickenback Realty Founder Eric Rickenback, Keyes Vice President Tim Pappas and Keyes Aventura District Sales Manager Marco Zarfati

Aventura, FL. – The Keyes Company has announced the acquisition of the Aventura-based real estate firm Rickenback Realty, Inc. This marks the fifth brokerage acquired by Keyes and its Family of Companies in the last five months and the second in Aventura following the August 2017 acquisition of Shorewood Real Estate. 

Led by President and Managing Broker Eric Rickenback and Co-Founder Harriet Rickenback and operating for more than three decades, Rickenback Realty successfully lists for sale and rental homes and condominiums throughout South Florida. The firm has 25 agents and generated more than $25 million in transaction volume in 2017.

Rickenback is merging with the Keyes Aventura office located at 2822 NE 187 St. Keyes has separately announced the appointment of Marco Zarfati as new District Manager of the Aventura office. Zarfati has been with Keyes for 18 years.

Marco Zarfati
“The addition of Rickenback and the firm’s talented agents to our family is an exciting development,” said Keyes CEO Mike Pappas. “It is a fantastic strategic fit that further boosts our recent growth in Aventura. We continue to pursue the right expansion opportunities throughout South Florida, the Keys and the Treasure Coast.”

A longtime supporter of animal rescue initiatives, Eric and Harriet Rickenback started nonprofit organization Shih Tzu Rescue in 1995. The organization operates a three-acre kennel in Davie and has rescued, rehabbed and adopted more than 3,000 abused and abandoned dogs of various breeds.

Earlier this month, Keyes announced the acquisition of Boynton Beach-based real estate firm The Realty Pros, which has 43 agents who specialize in Palm Beach County residential properties.

Through these acquisitions, the agents involved are able to take advantage of the resources, technology, marketing, leadership and independent nature of Keyes as they promote their properties and enjoy increased sales and listing opportunities.

Independently-owned and operated since its founding in 1926, Keyes is extremely active in all segments of residential real estate. In 2017, Keyes generated more than $6 billion in real estate services across its Family of Companies.

The Keyes Family of Companies is the largest independently-owned real estate firm in Florida and a Top 25-ranked firm in the entire United States.

For more information, please contact:

Eric Kalis
Account Director, BoardroomPR
O 954-370-8999
C 305-794-5123
Bank of America Plaza | 1776 N Pine Island Road
Suite 320 | Fort Lauderdale, FL 33322
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