Chestnut Park Partners with Peerage Realty

    National Partnership Model a First For Canada's Real Estate Industry


    TORONTO, July 9 /CNW/ - Peerage Realty Partners today introduces a
'first-in-Canada' real estate partnership model, highlighted by its founding
partner Chestnut Park Real Estate Limited.
    Chestnut Park President and CEO Catherine Deluce becomes Vice Chairman
and Director of Peerage Realty Partners. She helped establish Chestnut Park as
a formidable brand in the real estate industry by developing a winning image
associated with distinctive homes.
    "This innovative new partnership will allow us to benefit from the
synergies of operating under the umbrella of a national network without having
to lose your identity as an autonomous broker, which is something we cherish
at Chestnut Park," said Deluce. "We've already seen how Peerage has helped us
expand and grow our business."
    The unique Partners model being introduced by Peerage has been developed
over decades, enabling top-notch businesses in a variety of service industries
to maximize their growth potential while their owners retain a significant
economic stake in their business.
    It is designed for ambitious, successful firms, brokers and agents,
kicking off with the Chestnut Park partnership in 2007 and most recently, a
second partnership with Baker Real Estate. Backed by a deep and experienced
executive team, Peerage Realty is also seeking ideal strategic partners among
independent and franchised real estate brokerage firms across Canada.
    "By enabling Peerage Realty to become a partner in their brokerage,
Chestnut Park benefits from the increased value in their interest. The firm's
independence remains intact. We think that retained emotional and financial
interest makes the entrepreneurial DNA skyrocket," said Peerage Realty
Partners President Stephen M. Pustil.
    "In Canada, we will seek the best and brightest entrepreneurial firms,
the most ambitious and the most devoted to the best customer service
experience. Together we can reach the next level of success. We are committed
to help our partners enable their agents to sell more homes, to more clients,
for more value, more efficiently," he said.

    About Peerage Realty Partners

    Peerage Realty Partners is building a new kind of national residential
real estate brokerage network. By partnering with the real estate industry's
iconic leaders, Peerage is forming a network with the ultimate in synergy and
dynamism. By using our multitude of resources to capitalize on opportunities,
management's mandate is to significantly enhance the entrepreneurial spirit
and independence of these talented residential brokerage firms - while
delivering an outstanding customer experience throughout each and every
transaction. Expansive, far-reaching success is our goal.

    The following materials can be obtained at

    High resolution photos of Company Principals
    Backgrounder - National Real Estate Facts and Figures
    Baker Real Estate Incorporated - Company Fact Sheet
    Chestnut Park Real Estate Limited - Company Fact Sheet
    Peerage Realty Partners - Mission Statement
    Peerage Realty Partners - Backgrounder
    Peerage Realty Partners - Business Philosophy
    Peerage Realty Partners - Letter from the President
    Peerage Realty Partners - Management Biographies

For further information:

For further information: or to Arrange Interviews Please Contact: Bill
Walker, Senior Vice President, Veritas Communications Inc.,, (416) 482-2710, (416) 558-8766

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Peerage Realty Partners Inc.

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