Corporate Profile for The DeWolfe Companies, Inc., dated April 30, 1999.--(BUSINESS WIRE)-- The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: April 30, 1999
Company Name: The DeWolfe Companies, Inc.
Address: 80 Hayden Avenue
Lexington, MA 02421
Main Telephone
Number: 781.863.5858
Internet Home
Page Address
(URL) www.dewolfenewengland.com
Chief Executive
Officer: Richard B. DeWolfe
Chief Financial
Officer: James A. Marcotte
Investor Relations
Contact: Tinker Leach
Business number: 781.402.5014
Public Relations
Contact: Maria Pantages
Business number: 781.402.5042
Cell phone
number: 781.771.4574
Trading Symbol/
Exchange: DWL:AMEX
Industry: Real Estate
Company description: The DeWolfe Companies, Inc., is a provider of homeownership services, including residential real estate brokerage, mortgage banking, insurance, moving and relocation RELOCATION, Scotch law, contracts. To let again to renew a lease, is called a relocation. 2. When a tenant holds over after the expiration of his lease, with the consent of his landlord, this will amount to a relocation. . The company now has 115 offices with approximately 2,600 sales associates and employees in Connecticut, Maine, Massachusetts, New Hampshire New Hampshire, one of the New England states of the NE United States. It is bordered by Massachusetts (S), Vermont, with the Connecticut R. forming the boundary (W), the Canadian province of Quebec (NW), and Maine and a short strip of the Atlantic Ocean (E). and Rhode Island Rhode Island, island, United States Rhode Island, island, 15 mi (24 km) long and 5 mi (8 km) wide, S R.I., at the entrance to Narragansett Bay. It is the largest island in the state, with steep cliffs and excellent beaches. . In 1998, the company sold more than $4 billion in homes and totaled $400 million in closed mortgages. The first four months of 1999 have been active for the company, which recently signed a letter of intent to purchase Buffum & Rossin 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. Inc., of Westerly Westerly, town (1990 pop. 21,605), Washington co., extreme SW R.I., between the Pawcatuck River and Block Island Sound; inc. 1669. Its textile industry dates from 1814, and granite has been quarried there since c.1850. , RI. Completed acquisitions include: Leighton Realty of Gales Ferry Gales Ferry refers both to a village within the town of Ledyard, Connecticut and to a complex of buildings within that village at the site of the ferry which gave the community its name. , Conn.; JW Riker Real Estate, the largest residential real estate company in Rhode Island; and Mark Stimson Mark Nicholas Stimson (born 27 December 1967 in Plaistow, England) is an English former footballer and currently manager. He was the first manager to win the FA Trophy in three consecutive seasons, albeit with two different clubs in 2005, 2006 and 2007. Associates and the Mark Stimson Real Estate Network, the largest residential real estate organization in Maine. DeWolfe also has opened new offices in Longmeadow and Westfield, Mass., and merged its Ipswich, Mass., office with Seacoast Realty. 1998 Total Revenue: $135,420,000 Stock Highs-Lows: 8 1/2 - 4 15/16 1998 Net Income: $3,233,000 |
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