Nashville-based residential real estate company Worth Properties announced Wednesday that it is now operating as Corcoran Reverie.
A statement does not mention any financial terms or associated costs involving what appears to be an acquisition.
Corcoran Reverie, based in Santa Rosa Beach, Florida, is a subsidiary of the New York-based Corcoran Group.
Janet Jones co-founded Worth Properties in 2004 and served as its President and Director. The company housed around 40 real estate agents and brokers before the deal with Corcoran Reverie. With Worth now operating as Corcoran Reverie, the latter offers a list of over 200 affiliated real estate professionals.
Jones now serves as a management broker for the local office of Corcoran Reverie.
The expansion is Corcoran Reverie’s third since joining Corcoran in April 2020. Now nearly 50 years in business, the Corcoran Group is home to more than 160 offices and approximately 5,700 independent salespeople.
The release notes Corcoran Reverie also announced that it had been named the “Official Real Estate Brokerage” of the Tennessee Titans, the first time a Corcoran subsidiary has partnered with a National Football League organization.
With this arrangement, Corcoran Reverie will be the title sponsor of the annual Titans 5K Run, raising funds for the Titans Foundation. In addition, Corcoran Reverie will be the title sponsor of community tailgates hosted by the Titans at Nissan Stadium home games, with proceeds benefiting families in need in the Nashville area.
“We now have access to invaluable tools and technology, and are able to further expand our customer services with access to our Corcoran network colleagues in New York, California, Florida and beyond” , Jones said in the statement. looking forward to seeing what the future holds as we move forward with Corcoran Reverie.”
Corcoran is led by President and CEO Pam Liebman, with Corcoran Reverie owned and operated by brokers Hilary Farnum-Fasth and Jacob Watkins.