Gloria Nilson GMAC Real Estate

Monday, June 29, 2009

(RED BANK. New Jersey) –Gloria Nilson GMAC Real Estate, one of New Jersey's largest and best-known real estate Finns with 16 offices and more than 700 sales associates, has been purchased by SCS Realty Investment Group LLC, a firm led by 40-year real estate veteran Dick Schlott.

As part of t he agreement. Gloria Nil son GMAC Real Estate wilt continue 10 operate under that name and will become a franchisee of GMAC Real Estate. owned by Brookfield Residential Properly Services. The Schlott name Gloria Nilson GMAC Real Estate firm will now be the largest GMAC Real Estate franchise in the Northeast "The Schlott name is synonymous with New Jersey real estate and we are absolutely thrilled Dick has chosen to purchase these offices and in turn become a franchise of our company." said John Dearden. Presideut and CEO of GMAC Real Estate.

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