Coldwell Bankers Residential MortgageColdwell Banker Residential Brokerage has acquired the assets of Lambert & Lambert Assoc. Inc. in Cumberland, R.I.

Lambert & Lambert’s single-office residential real estate company, which is located at 1985 Mendon Road, will operate under the banner of Coldwell Banker Residential Brokerage, according to a statement. Sales associates from Coldwell Banker’s neighboring office at 1764 Mendon Road will relocate to the newly acquired location, where Lambert & Lambert currently has 18 residential real estate professionals.

"We are pleased to welcome this respected group of real estate professionals to the Coldwell Banker Residential Brokerage team," said Rick Loughlin, president of Coldwell Banker Residential Brokerage in New England. "Their reputation for providing exceptional customer service is highly regarded in the marketplace, and we look forward to a bright future together."

Ernest Lambert, president and owner of Lambert & Lambert, will join Coldwell Banker in a sales role.

"By joining Coldwell Banker Residential Brokerage, our sales associates will have access to the latest technology, state-of-the-art marketing tools and superior educational programs – all of which are critical to helping today’s buyers and sellers achieve their goals," said Lambert. "We are excited to join this industry leader, and together, we are well positioned to provide remarkable service throughout Rhode Island."

Coldwell Banker Acquires Rhode Island R.E. Firm

by Banker & Tradesman time to read: 1 min
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