Denver-based real estate firm has 40 residential agents based in Aventura, Palm Beach offices

The Keyes Company has announced the acquisition of the Florida offices of nationally recognized residential firm Shorewood Real Estate. Keyes and its Family of Companies continues to aggressively grow throughout the state.

Shorewood has 40 agents based in its Florida offices, which are located in Aventura and Palm Beach. The transaction allows the Shorewood agents to take advantage of the resources, technology, marketing, leadership and independent nature of Keyes as they promote their properties and enjoy increased sales and listing opportunities. Those agents will have the choice of which of the 58 Keyes offices they work out of going forward.

“We are thrilled to join forces with the talented team at Shorewood’s Florida offices,” said Keyes CEO Mike Pappas. “We have no doubt this union will generate substantial growth to our Family of Companies. In a time when real estate brokerages continue to consolidate, our independent company keeps expanding and thriving.”

Based in Denver, Shorewood has been honored as one of the top residential real estate firms in the U.S. It provides real estate services in the states of Colorado, Florida and Nevada. In 2016, Shorewood was recognized by annual research reports REAL Trends 500 and RIS Media’s Power Brokers as one of the top 500 residential real estate firms in the nation in terms of volume and units. It ranked within the top fifth of the 500 firms recognized.

Shorewood has about 400 real estate professionals nationwide.

Independently-owned and operated since its founding in 1926, Keyes is extremely active in luxury residential real estate. In 2016, Keyes listed more than $1 billion in luxury homes priced at $1 million or more.

Keyes is a Founding Member and Shareholder of Leading Real Estate Companies of the World^®, a global network of more than 550 premier real estate firms encompassing 4,000 offices and more than 128,000 Sales Associates in 55 countries.

In July 2016, Keyes and Illustrated Properties announced the completion of a merger between the two companies, which continue to operate under their existing brands. Overall, Keyes and Illustrated generate more than $6 billion in annual revenue from their real estate service lines.

Following the merger, Keyes and Illustrated are, together, the largest independently-owned real estate firm in Florida and a Top 25-ranked firm in the entire United States. In Palm Beach County alone, the companies have in excess of 1,100 Sales Associates and produce double the volume of their closest competitor.

About The Keyes Company: Independently-owned and operated since 1926, The Keyes Company is a leader in the real estate industry. Keyes completed a merger with Illustrated Properties in July 2016. Following the merger, Keyes has 58 offices, more than 3,000 Associates and nearly $6 billion in annual real estate sales and services. Keyes’ offices are distributed throughout six counties – Miami-Dade, Broward, Palm Beach, Martin, St. Lucie, and Volusia. Keyes expands our Associates’ reach globally as a Founding Member and Shareholder of Leading Real Estate Companies of the World^®. In addition to our Associates’ expertise, The Keyes Company offers a suite of resources to cover whatever needs arise while buying or selling your home. Your mortgage, title, insurance, and property management needs can all be managed in-house, allowing us to close your deal with speed and efficiency while giving you the opportunity to talk to a real person whenever you have a question.