DOWNEY -- Century 21 Peak, a real estate brokerage under the Peak Corporate Network, announced last week the acquisition of Century 21 My Real Estate Company in Downey as part of a strategic and aggressive initiative to expand the company's presence and market share throughout Southern California.

This announcement marks the fifth completed acquisition by Century 21 Peak in two and a half years. 

"I'm inspired by the leadership at Century 21 Peak and motivated by the incredible growth they have achieved in such a short time," said Nick Bailey, CEO of Century 21 Real Estate LLC. "The industry is changing and Century 21 Peak serves as a great example showing how to stay competitive in the Southern California market."

Century 21 My Real Estate Company was previously owned by Steve Roberson, who purchased the business in 1994.

With this acquisition, Century 21 Peak will welcome 100 agents to the team, bringing the total agent roster to almost 450 agents.

The Downey branch will continue to operate at 7827 Florence Avenue in Downey.

With more than 30 years of experience in real estate, Steve Roberson is a distinguished Downey broker and community leader. He will continue to consult with Century 21 Peak and maintain his role as a prominent company liaison to the local community.

"Century 21 Peak offers a wealth of resources and innovative support to agents, which will be an incredible asset to the Downey branch," said Roberson. "I'm looking forward to working closely with the team to bring more opportunities for success and take the company to the next level."