On the Market: Parent company of Prudential gets a change
December 9, 2011
Steamboat Springs — Prudential Steamboat broker and co-owner Cam Boyd said the parent company of his real estate brokerage has changed hands, but he and Pam Vanatta continue to own Prudential Steamboat and its name will not change in the foreseeable future.
"We're a franchisee," Boyd said. "Brookfield Residential Property Services, a Canadian company, has purchased Prudential Real Estate Affiliates from Prudential Financial Inc. This will grow our network of agents from 55,000 to 85,000 agents in 2,800 offices."
As a franchisee, Prudential Steamboat agents receive training and information technology services from Prudential Real Estate Affiliates. They now will receive similar services from Brookfield, while tapping into the new parent company's strong international presence for referrals, Boyd said.
"I don't think it can be anything but good for us," he said. "We can keep our name for at least two years and up to seven years with extensions. I think they'll decide to keep the Prudential brand because of its strength."
Point6 company: Has perfected pure white wool
Point6, the Steamboat-based manufacturer of wool socks, reports it has introduced Enciel, the world's first truly white merino wool. For generations, wool producers have tried in vain to produce white wool, according to Point6.
Enciel was created by The Merino Company through years of research and development using its SpectraWool technology, which has achieved a level of white, whiter than optically white cotton.
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White wool offers the opportunity to bring a whole new color palette to wool garments, according to Point6 co-founder Patty Duke.
"Not only can the white wool be used as the final yarn color, the white yarns can also be dyed vibrant rich colors and clean pastel shades, which have never been available before," Duke said in a press release.
Moose Barrows continues giving tradition with drive
Prudential Steamboat Realty is collecting toys again this year to take to the Denver Children's hospital on behalf of Moose Barrows' Mickey's Fund. This annual toy drive collects more than 3,000 toys every year for children and families who will be spending their holiday season in the hospital.
Barrows began the fund in memory of his son, Mickey, who spent three years at the hospital with a heart condition. After Mickey's death at age 3, Barrows received money from sympathetic friends and family. He put the money into the Mickey Barrows Memorial Trust and used it to purchase Christmas toys for children at the hospital.
New gifts can be dropped off at Prudential Steamboat Realty in Wildhorse Plaza until Dec. 19. The toys will be distributed to the children in Denver Children's Hospital the next day. Checks can be made out to Mickey's Fund.