J. Rockcliff Realtors Acquires The Blackhawk Real Estate Company

DANVILLE, CA - (January 8, 2008) — J. Rockcliff Realtors, the premier residential real estate company in the San Francisco East Bay, today announced that the company has acquired the assets of The Blackhawk Real Estate Company. The Blackhawk Real Estate Company’s more than 25 sales associates were responsible for approximately $3 billion in closed sales volume during the company’s 18 years of business. The operations of The Blackhawk Real Estate Company office will be combined under the leadership of Vance Smith, vice president and manager of J. Rockcliff Realtors’ existing Blackhawk office.

The Blackhawk Real Estate Company has been the market leader in Danville’s elite Blackhawk community since its founding in 1991. This asset acquisition exemplifies J. Rockcliff Realtors’ commitment to smart expansion and strengthens the company’s position as the premier full-service residential real estate brokerage in the San Francisco East Bay area. In addition, the asset acquisition increases the number of J. Rockcliff Realtors sales associates to more than 530, and adds an additional Blackhawk location which brings the company’s total number of San Francisco East Bay offices to eight.

“The Blackhawk Real Estate Company has long been known for its excellence in serving the needs of home buyers and sellers in the unique Blackhawk market,” said Jeff Sposito, president of J. Rockcliff Realtors. "We are thrilled about the integration of this outstanding firm with our own. This asset acquisition positions J. Rockcliff Realtors as the dominant residential real estate firm in the 680 corridor - with integrity, service levels and profound expertise that simply cannot be matched by any other company."

“This is an exciting time to become a part of the J. Rockcliff Realtors’ organization,” said Jou Jou Chawla, an owner of The Blackhawk Real Estate Company. “J. Rockcliff’s regional operations, technology infrastructure, professionalism and entrepreneurial spirit are an ideal match to our rich history and the solid tradition of quality that has served our loyal East Bay customers for so long."

“Our decision to join this exciting powerhouse of a company illustrates our ongoing commitment to maintaining a competitive edge and to serving the needs of our community,” said Mary Ann Schultz, an owner of The Blackhawk Real Estate Company. “Our clients and our sales associates all benefit from the synergy generated by this acquisition.”

About J. Rockcliff Realtors

J. Rockcliff Realtors was founded in 2007 in response to the need for greater expertise, enhanced customer service and expanded resources for residential real estate consumers and the seasoned real estate sales associates who serve them. Under the leadership of Jeff Sposito, president of J. Rockcliff Realtors, the company has eight East Bay office locations situated in Blackhawk, Danville, Lafayette, Livermore, Orinda, Pleasanton, and Walnut Creek, and more than 500 sales associates. For more information regarding J. Rockcliff Realtors, please visit the website at www.Rockcliff.com or call 925.935.2882.