TORONTO—Boston-based commercial brokerage firm Sperry Van Ness International has established operations in Canada by signing a master franchise agreement with independent brokerage firm Rock Advisors Inc.

The new firm will operate as Sperry Van Ness/Rock Advisors and according to Sperry Van Ness/Rock Advisors, Inc. CEO Derek Lobo, the firm will be looking to bring in additional franchisees to cover all major Canadian markets through master franchisee SVN Canada Inc. The president of SV Canada Inc. is Jim Dimanis, the former COO of Rock Advisors.

Lobo, who was the CEO of the former Rock Advisors Inc., says his firm has signed a master franchise agreement for all of Canada for all real estate asset classes. Rock Advisors was an independent brokerage firm with about 30 employees. The company maintains three offices in Toronto, Burlington and in Ottawa. Rock Advisors has more than 25 years of real estate consulting experience buying and selling multi-family rental apartments and student housing across Canada.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.