SOURCE: Fifth Avenue Real Estate Marketing Ltd.

Fifth Avenue Real Estate Marketing Ltd.

SOURCE: Peerage Realty Partners Inc.

Peerage Realty Partners Inc.

February 22, 2016 12:00 ET

Fifth Avenue Real Estate Marketing Partners With Peerage Realty Partners

VANCOUVER, BC--(Marketwired - February 22, 2016) - Fifth Avenue Real Estate Marketing Ltd. ("Fifth Avenue") announced today that it has entered into a strategic partnership with Peerage Realty Partners Inc. ("Peerage"). Founded in 1980, Fifth Avenue is an award-winning, industry leading firm specializing in the marketing and sales of new residential communities and condominiums in British Columbia, with over $8 Billion in projects represented.

"We are pleased to announce a strategic partnership with Peerage Realty Partners," said Mark Belling, owner of Fifth Avenue. "Peerage's unique partnership model is ideally suited to strong, entrepreneurial firms, such as ours, who are seeking to retain both their independence and their unique culture. We achieved a solid cultural fit after just a few meetings and this was the deciding factor for us."

"Peerage has a reputation in the real estate industry for being selective with whom we partner with. We are privileged to have the opportunity to partner with such a respected, high calibre organization as Fifth Avenue," said Gavin Swartzman, CEO of Peerage. "With their rich heritage and dominant market position, we could not ask for a better partner than Fifth Avenue for our entrance into British Columbia. We look forward to more expansion and growth opportunities in Western Canada and other key markets in North America."

W. Scott Brown, President and CEO of Fifth Avenue, stated, "This new relationship solidifies the long term involvement of our leadership team, and allows us to further invest in and enhance our high quality service delivery to our valued developer clients. The infusion of shared best practices and new relationships will allow us to capitalize on the growth of key Metro Vancouver market areas such as the Fraser Valley, which is positioned to lead the overall market with respect to population growth." Brown added, "We are confident we have found the perfect business development partner for us given Peerage's long term track record of owner retention and their recognized success at assisting highly respected firms expand their market reach."

About Fifth Avenue
A family legacy company, founded in 1980 by Hilar Belling, Fifth Avenue specializes in the marketing and sales of new residential communities for developers throughout British Columbia, with a specialized focus in the Lower Mainland, Fraser Valley and Metro Vancouver. Its expertise in large-scale residential housing includes: multi-family, condominiums, townhomes, strata hotels, single family master planned and mixed use communities and resorts. Fifth Avenue has been the recipient of over 139 industry and community awards of excellence for its innovative work and customer service.

About Peerage Realty Partners
Peerage Realty Partners, a subsidiary of Peerage Business Partners, offers an innovative alternative for independent real estate firms transacting over $4 billion annually in sales. Peerage embraces the entrepreneurial spirit of our Partner firms by encouraging autonomy while providing human and financial resources to accelerate growth. In addition to Fifth Avenue, our Partners include: Chestnut Park Real Estate (one of the top luxury firms in Canada and the Christie's affiliate for Toronto) and Baker Real Estate, the leader in new development and condominium sales and marketing in Ontario.

About Peerage Business Partners
Peerage Business Partners, an affiliate of Peerage Capital, is a leading Business Services organization that leverages "The Power of Human Capital." Peerage has "A Unique Talent To Partner With Unique Talent," and is currently focused on two unique business service platforms -- Peerage Realty Partners, one of Canada's largest residential Real Estate brokerage firms with Partner firms Chestnut Park Real Estate, Baker Real Estate and Fifth Avenue Real Estate Marketing Ltd., selling over $4 billion dollars of residential real estate annually; and Pine Street Asset Management, a progressive North American asset management firm with over $3 billion dollars of assets under management. The firm's highly experienced management team uses a multi strategy investment approach to deliver consistent wealth preservation, and capital appreciation. 

The management of Peerage uses their unique, Entrepreneurial Partnership model, refined over 35 years, to accelerate the growth of their businesses through value added services that enhance the sustainable, profitable growth rate of the organization, thereby maximizing shareholder value. Peerage management has created over $6 Billion dollars of value since inception.

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