Lomond strengthens Liverpool presence with latest acquisition
City Residential founder Alan Bevan hands over the Liverpool agency after 25 years, with its portfolio to be managed by Lomond-owned Homesure.
Lomond continues to expand its footprint in Liverpool following the acquisition of local letting and estate agent City Residential.
The deal follows Lomond’s earlier acquisition of Homesure, its first business based in Liverpool, which will subsequently manage the City Residential portfolio.
Founded by Alan Bevan in 2001, City Residential initially operated as a development and consultancy business before expanding into estate agency and lettings.
Drawing on Bevan’s knowledge of Liverpool city centre, the business established a presence in the local property market.
City Residential’s portfolio will be managed by Homesure, and brings together two local businesses under the group’s ownership.
Shared values
Alan Bevan, Founder of City Residential, says: “In the past 25 years, our growth has been driven by our dedication to our clients and our deep knowledge of Liverpool City Centre.
“We are delighted to be passing the business on to Lomond – a company that shares our values, with the same commitment to client care, attention to detail and pride in what they do.”
Our growth has been driven by our dedication to our clients and our deep knowledge of Liverpool City Centre.”
David Alexander, Chief Revenue Officer at Lomond, added: “We’re delighted to welcome City Residential into our growing network. Their reputation and quality make them a perfect fit, with real synergy alongside Homesure’s strength outside the city centre.
“We are continuing our expansion across Liverpool and beyond and we’re always looking for market leading agents who are eager to grow, innovate and be part of our ambitious plans.”
