After more than four decades serving the Cayman Islands, the Directors of Cayman Islands Realty Ltd., trading as Coldwell Banker Cayman Islands Realty, have made the difficult decision to cease operations effective immediately. This decision follows the passing of the company’s founder, John “JC” Calhoun III, in September of 2024. Despite diligent efforts to maintain continuity, the firm continued to face significant challenges, leading the remaining shareholders to initiate the winding-up of the business.
The decision to close was an incredibly difficult decision. Closing our doors marks the end of an era, but JC’s legacy will live on through the lives he touched and the timeless legacy he has instilled in the island.
The company assures all valued clients with existing listings or pending transactions that their listing agents will be in touch promptly to discuss continuity and completion options. The Coldwell Banker Cayman Islands Realty office will remain open for the next few weeks to assist clients during this transitional phase.
Coldwell Banker Cayman Islands Realty has been an influential leader in the local real estate market since JC joined Mr Jim Bodden in the 1980s. Under JC’s visionary leadership, the firm became synonymous with pioneering initiatives, including the widely respected twice-yearly market report and newsletter. The company was also among the first in the Cayman Islands to align with an internationally recognized real estate brand, setting new standards for professionalism and client service. Additionally, it served as a nurturing ground for numerous successful real estate professionals and generously supported various community development initiatives.
As Coldwell Banker Cayman Islands Realty transitions towards closure, we extend our deepest gratitude to our local and overseas clients for your overwhelming support over the years. God bless you all.
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