Pacific Union, John Aaroe Group Merge
By
Mark McLaughlin of Pacific Union & John Aaroe of John Aaroe Group
San Francisco and Los Angeles—It’s a tale of the North and the South. San Francisco’s Pacific Union International Inc. and Los Angeles-based John Aaroe Group have merged, creating a powerhouse luxury residential real estate company covering the Golden State from top to bottom—and then some.
The merger didn’t just happen out of the blue. Pacific Union, the ninth largest real estate brokerage firm in the U.S. based on its 2015 sales volume of $8.2 billion, had been in the market for a new partner. Together, the companies cover expanded ground, with overlap only where it counts. “John Aaroe Group is a premium brand that embraces our culture of teamwork, trust and innovation,” Mark McLaughlin, Pacific Union CEO, said in a prepared statement. “The combination will permit Pacific Union to continue to invest in marketing and technology programs to support our real estate professionals in this highly competitive market.”…
