SOURCE: Atlantic & Pacific Real Estate, LLC

Atlantic & Pacific Real Estate, LLC

March 12, 2012 09:00 ET

Wendy Forsythe Joins Atlantic & Pacific Real Estate

Industry Leader Joins Fast-Growing Company as Executive Vice President/Head of Global Operations

SANTA ANA, CA--(Marketwire - Mar 12, 2012) - Atlantic & Pacific Real Estate, LLC (Atlantic & Pacific) today announced that Wendy Forsythe has joined the company as its Executive Vice President/Head of Global Operations. In this newly-created position, she will be responsible for managing the day-to-day operations of the fast-growing real estate brand, where she will focus on developing and refining business processes, recruiting, training, and Atlantic & Pacific's web presence and consumer relationships in order to expand the company's presence into new markets.

"We are delighted to add someone with Wendy's track record of successfully launching and building strong real estate organizations," said Steve Ozonian, Chief Real Estate Officer for Atlantic & Pacific's parent company, Carrington Holding Company, LLC. "Wendy brings a unique combination of knowing what works and anticipating what real estate professionals will need next in order to succeed in this evolving market."

Prior to joining Atlantic & Pacific, Wendy was instrumental in guiding the operational discipline and growth of hundreds of residential real estate offices and thousands of associates and brokers at Better Homes and Gardens Real Estate, Royal LePage Real Estate and Realty World.

"Atlantic & Pacific represents a perfect opportunity for me to begin the next chapter of my career," Ms. Forsythe said. "It's a technology-driven company where I can leverage my operational skills, and work with our development teams to deliver a superior level of innovative real estate tools to the next generation of successful agents and brokers. And its unique business model -- with business driven from the real estate holdings of the company's affiliates -- gives our agents and brokers an unprecedented opportunity to succeed in today's challenging environment. Atlantic & Pacific is truly a next generation real estate brokerage. "

Added Atlantic & Pacific President Steve DiUbaldo, "Wendy brings precisely the set of skills we need to help us manage our current growth, and her focus on the future and use of new technology and tools will enable our agents to be the most productive in the industry, and the most successful."

About Atlantic & Pacific Real Estate

Atlantic & Pacific Real Estate is a full service, global real estate brokerage that uses its company owned network of licensed real estate agents to manage the sale or purchase of residential properties, with particular experience in maximizing the value of distressed properties for sale. Atlantic & Pacific Real Estate works with sellers and buyers of residential properties to manage the contract negotiation, sale and escrow processes. Atlantic & Pacific Real Estate, LLC is an equal housing opportunity lender.

To learn more about Atlantic & Pacific Real Estate, visit our website at

About Carrington Holding Company

Carrington Holding Company is the parent company for the Carrington family of companies, which includes vertically integrated operating businesses that direct every aspect of the life cycle of single family assets. Its core capabilities include investment and fund management, residential mortgage special servicing and origination, property management and maintenance, and real estate sales and settlement services.

With more than three decades of experience and guided by a consistent philosophy, Carrington has built the infrastructure necessary to maximize value during any market cycle. Its affiliate companies include Carrington Capital Management, LLC, Carrington Mortgage Services, LLC, Carrington Property Services, LLC, Atlantic & Pacific Real Estate, LLC, White Van Real Estate Services, L.P., Telsi Escrow Inc., and Telsi Real Estate Solutions, LLC. Carrington Mortgage Services, LLC is an equal housing opportunity lender. To learn more about Carrington Holding Company, visit our website at

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