TOLEDO — The Danberry Co. Realtors recently announced the sale of a minority interest in the company to three members of the Danberry Leadership Team. Danberry owner and CEO, Lynn Fruth, has announced that Kevin Warren, Maggie Fawcett and Dan McQuillen are now shareholders in the firm.

“This transaction is the first formal step in an 8-year ownership transition plan that will reasonably assure that our culture and servant leadership approach will continue beyond my active participation and ownership in the company,” stated Fruth. “It has energized our agents and staff with the knowledge that 3 highly qualified and respected members of our current team will be guiding the company for the next several decades,” Fruth added.

Kevin Warren currently serves as Danberry’s Chief Operating Officer and Maggie Fawcett and Dan McQuillen each manage one of Danberry’s seven offices. “We are so excited to take this outstanding company to an even higher level,” commented Mr. Warren. “Danberry is committed to providing our agents the best support and marketing materials and our inclusion in ownership will guarantee this commitment for years to come.” added Fawcett.

McQuillen, who owned his own real estate company before joining Danberry in 2011 made this observation, “I think this is the first time a local real estate company has had ownership that spans three non-family generations; you can’t do that without great agents and community support.”

Danberry Realtors was founded in 1962 by Richard Glowacki who guided the company the company for 34 years, selling it in 1996 to Richard Baker and Fruth who then purchased Baker’s interest in the company in 2015. Danberry has been the regions leader in the sale of residential real estate since 1981 and was recently recognized by two national publications as the area’s leader in sales. Danberry’s 4,025 transactions in 2017 ranked it 199th in the nation out of approximately 150,000 companies.

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