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RISMEDIA, April 4, 2008-John and Therese Finnegan, owners of Prudential California Realty-Finnegan’s Rainbow Inc., which operates three offices on the Peninsula, announced that they have entered into a joint venture with Prudential California Realty, adding to the company’s network of 53 offices in Northern California. The joint venture will operate 56 offices throughout Northern California and carry out business under the Prudential California Realty brand. Bankers Preferred Mortgage company, a division of Finnegan’s Rainbow Inc., is included in the joint venture, and will be an integral part of the company’s growth and development moving forward.

John Finnegan will become a regional manager, and will focus on growth, and merger and acquisition opportunities from San Francisco to San Jose, Calif. “This is a unique time in the real estate industry and we are excited about the synergies that both companies bring to the partnership,” said Finnegan. “Through the combined resources of our companies, we will be better able to serve our agents, as they serve their buyers and sellers.”

Steve Russo, chief operating officer of Prudential California Realty, agrees: “Prudential California Realty is pleased to announce this extension of our Northern California enterprise. Our vision is to grow and partner with companies that share our core values, are training-centric and technologically innovative and we have found that in our newest venture. Our two groups have a long history of working together, and today we forge a brand new partnership that will strengthen and add value to our agents and their clients.”

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