Lang Realty Continues Growth with Acquisition of
Reback Realty’s Manalapan Office Location
Lang Realty, one of the dominant real estate companies in South Florida (www.langrealty.com), announced the completion of a deal with Reback Realty to acquire its Manalapan office. Reback Realty will continue to focus on its high-end success in Palm Beach and Lost Tree Village. The office is located at 277A South Ocean Boulevard in the Plaza Del Mar shopping center across from the Ritz Carlton Hotel, which is soon to be renamed the Eau Palm Beach Resort.
“Now that Lang Realty has established itself as the clear leader in sales transactions of deals worth more than $1 million for Manalapan, Delray Beach, Ocean Ridge, Gulf Stream, Highland Beach and Boca Raton, the location of the Manalapan office fits in perfectly with our strategic growth northward in Palm Beach County,” said Scott Agran, President of Lang Realty.
“We applaud Reback Realty for building a successful office in Manalapan that generated a sales volume of $130 million under the management of David Reback in just three years and we look forward to continuing that success and expanding our beachfront presence further north,” added Agran.
In less than a year, Lang Realty has grown their Delray Beach location into a formidable office with over 60 top producing agents. Last month, Lang announced the opening of a new office in Jupiter after the success of its Palm Beach Gardens office run by Sales Manager Doreen Nystrom.
“We are immensely proud of the office we built in Manalapan and are pleased to be handing the reins over to Lang Realty. We will concentrate our efforts on serving Palm Beach and Lost Tree Village markets, which we’ve had tremendous success for over 38 years,” said Sheri Reback, cofounder of Reback Realty with her husband Paul.
Reback Realty, Inc. (www.rebackrealty.com) was founded by Paul and Sheri Reback in 1980. In Lost Tree Village there are 380 families living there who have bought from the Rebacks and have had multiple transactions since with them. (www.LostTreeVillageEstates.com) Their son David Reback is a partner in the company and owns the Palm Beach office. Reback Realty’s prime office locations are at 11456 U.S. Highway One, North Palm Beach and 240 Worth Avenue 3B, Palm Beach.
Lang Realty was established in 1989 and has grown from a modest start with just three sales associates to become one of the top real estate companies in South Florida. The company has expanded to more than 360 agents with offices in Boca Raton, Delray Beach, West Palm Beach, Palm Beach Gardens, Jupiter, Port St. Lucie and soon in Boynton Beach at Hunter’s Run.
For more information about Lang Realty and details on current listings, visit www.langrealty.com. You can also follow Lang Realty on Facebook, Twitter, LinkedIn and Lang’s blog for real estate updates and Lang Realty news.