X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

MIAMI – The Keyes Company/Realtors, one of the nation’s largest real estate firms with 36 statewide offices, continues on its path of rapid growth with its latest acquisition, Allstate Realty & Investments Inc.

Although the financial details were not disclosed, 50 associates from Allstate have transferred to the Keyes offices of North Miami, Aventura, Miami Lakes and Pembroke Pines. Pat Killen, president and owner of Allstate, has joined the Keyes management team. Allstate handled both commercial and residential real estate and was headquartered in Miami.

Allstate is Keyes’ fourth acquisition this year. Michael Pappas, president of the Keyes Company, attributes much of Keyes’ continuing growth and profitability to these mergers. “We have been able to buck the downward trend,” says Pappas in a statement. “When everyone is talking recession we continue to grow and be profitable.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.