Royal Properties of the Carolinas was founded in 2002 by Mike Todd, Joan Green, Jayne Hayden and Kay Novick in Mooresville. In 2007, the company opened a second office in Troutman and later consolidated the two offices into its current location. Royal Properties specialized in residential real estate sales, property management and commercial real estate.
Todd is the current owner of Royal Properties and will serve as broker in charge. He earned his real estate license in 2000 and previously worked in the construction field. He is an active member of the Troutman Rotary and served on the Troutman Planning Board for 11 years. Todd and his wife Jean have a daughter Brianna and make their home in Troutman. He enjoys restoring old cars and racing go-karts.
“Partnering with Allen Tate will give my company and its agents access to training, tools, technology and support to serve our clients even better,” Todd said. “The Allen Tate brand will also make us more attractive to the best agents in the area and allow us the opportunity to grow with the most professional team.”
“Royal Properties has grown steadily in the Lake Norman area and will allow us to better serve buyers and sellers in the northern and western communities of this beautiful region,” said Gary Scott, president of Allen Tate Company. “We’re very excited to partner with Mike and his team.”
In addition to Todd and Green, Realtor Mike Cerven will also partner with Allen Tate. Assistant Property Manager Kim Bonarrigo will continue to work with Allen Tate/Royal Properties.