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BOSTON'S MICHAEL & TIMOTHY TIERNEY OPEN FIRST BOSTON AREA RAPID REALTY FRANCHISE

BOSTON'S MICHAEL & TIMOTHY TIERNEY OPEN FIRST BOSTON AREA RAPID REALTY FRANCHISE

Award-Winning Real Estate Brokerage Expands Its Rental Expertise to New Market

CAMBRIDGE, MA (2 November, 2013) – Rapid Realty NYC celebrated the grand opening of its first franchise in Massachusetts this week. This new office, located at 25 River Street, Ste. 2 in Cambridge, is the latest in Rapid Realty’s national expansion.

Rapid Realty CEO Anthony Lolli, COO Carlos Angelucci, and numerous franchisees, agents, and brokers from the company’s New York offices made the trip up to Cambridge to cheer on the new office. The event featured a ceremonial ribbon cutting, as well as an after-party at nearby Tavern in the Square. In the spirit of Halloween, the grand opening was also a costume party, with guests dressed as everything from scientists to super heroes. Lolli himself was dressed as Prince Charming, as seen in the Disney film Cinderella.

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“It was a great night,” Lolli said. “We were all excited to be welcoming this new office to the Rapid Realty family and to be diving into the incredibly vibrant Boston rental market. And between Halloween festivities and the Red Sox clinching their historic World Series win at Fenway on Wednesday, it felt like the whole city was celebrating with us.”

The new franchise is owned by brothers Michael and Timothy Tierney, Boston natives whose previous business experience includes running a successful family-owned insurance agency. The Tierney brothers trained extensively under veteran Rapid Realty franchisees as part of their preparations for their own Rapid office.

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“Rapid Realty is only in its fourth year of franchising,” Lolli said. “For a franchise to even have multi-unit owners at this stage is exceptionally rare, let alone to have an area developer program that has already proven successful. It just goes to show how the Rapid Realty concept is changing the face of the real estate industry.”

About Rapid Realty NYC

Founded in 1998 by real estate investor and broker Anthony Lolli, Rapid Realty distinguished itself by specializing in residential and commercial rentals. In 2009, Rapid Realty became the nation’s first rental-based real estate franchise system. Over the next three years, Rapid Realty NYC grew to over 60 franchise locations and a team of 1000 licensed agents. In 2012, Rapid Realty NYC debuted on the Inc 5000, marking it as one of the fastest-growing private companies in America. In 2013, The Franchise Business Review honored Rapid Realty NYC with the Franchisee Satisfaction Award. Now, Rapid Realty NYC is expanding to major metropolitan areas across the country. Visit www.RapidNYC.com.



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