Cendent names new president.The Real Estate Services Division of Cendant Corporation announced the appointment of Richard W. Davidson as president and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Coldwell Banker Commercial Affiliates, Inc., one of the largest franchisors of commercial real estate brokerages in the world. Davidson, an 18-year veteran of the industry, was most recently the chief executive officer and founding principal of Coldwell Banker Commercial Capitol Realty realty n. a short form of "real estate." (See: real estate) REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property. Services, an independently owned and operated company in the Washington, D.C. metropolitan market. Davidson will begin the transition to his new role in Parsippany effective immediately. "Rick Davidson is an outstanding commercial real estate practitioner who has been an integral part of the success of the Coldwell Banker Commercial brand," said Alex Perriello, president & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of the Cendant Real Estate Franchise Group. "Rick's accomplishments as a brokerage owner have demonstrated a great depth of understanding the complexities of both the commercial real estate business and growing a franchised brand on a local, regional and national level." Before founding Coldwell Banker Commercial Capitol Realty Services in 2003, Davidson spent nine years as managing director of CB Richard Ellis CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2. in the Washington, D.C., metropolitan market and three years with Insignia/ ESG ESG Enterprise Strategy Group (Veritas) ESG Emergency Shelter Grant (Florida, USA) ESG Expeditionary Strike Group ESG Electronic Service Guide (used in DVB) as executive vice president. He brings with him solid understanding of industry and local marketplace dynamics as well as a keen grasp of the history and culture of the Coldwell Banker Commercial system. Davidson, a licensed real estate broker in Virginia, Maryland and the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). , has received several national awards for real estate excellence. He is also a member of the Greater Washington Board of Trade The Greater Washington Board of Trade is a network of business and non-profit leaders in Washington, D.C. From modest beginnings in 1889, the Greater Washington Board of Trade has grown into a powerful force for the Washington, D.C. , and a Board of Director for Big Brothers/Big Sisters of the National Capital Area in Washington, DC. He is a graduate of the National Louis University in Chicago. |
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