ALEXANDRIA [AP] — Latter & Blum Inc. Realtors of New Orleans, one of the region’s oldest and largest real estate companies, has bought Noles-Frye Realty Inc. of Alexandria.
The price was not disclosed.
Rod Noles, president and CEO of Noles-Frye, and Latter & Blum CEO Robert Merrick announced the sale Wednesday.
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Noles-Frye Realty completed over $45 million in transactions in 2009.
Noles says his company has long been central Louisiana’s largest real estate broker, and now is part of Louisiana’s biggest real estate organization.
Merrick said Noles will be senior commercial sales associate in Alexandria, and other local staff will remain.
A Latter & Blum news release says Noles will keep ownership of Noles-Frye Property Management.
