RISMEDIA, April 23, 2007-Realogy Corporation has announced that the company has been named as a member of the Fortune 500. The rankings were released in the April 30 issue of Fortune magazine, which annually publishes this prestigious ranking.
With reported 2006 revenues of $6.492 billion, Realogy was ranked by the magazine as the No. 1 company in the real estate industry, and No. 354 on the overall list of America's largest corporations.
"We are pleased and proud of this recognition of our company's performance in what was our first year as a standalone real estate services company and a challenging year for our industry," said Richard A. Smith, vice chairman and president of Realogy. "This ranking speaks to Realogy's strength as well as the quality and commitment of our 15,000 employees and the 320,000 sales associates affiliated with our world-class brands."
Through a merger that was consummated on April 10, 2007, Realogy is now a privately held company owned by an affiliate of Apollo Management, L.P. Previously, Realogy had been listed on the New York Stock Exchange since Aug. 1, 2006.
The 2007 Fortune 500 survey includes U.S. incorporated companies filing financial statements with a government agency. This includes private companies and cooperatives that file a 10-K and mutual insurance companies that file with state regulators.
For more information, visit www.realogy.com.
