It’s been a busy week Howard Hanna Real Estate Services (HHRES) and it’s only Thursday. The family-owned company announced that it will complete the purchase of the two assets on Wednesday.
Financial terms of the deals were not disclosed.
While Ohio is already a strong base for the Pennsylvania-based firm, Howard Hanna has strengthened its position in the buckeye state with its latest Dayton-based acquisition. Big Hill Realty. The company is headed by Jeff Owens.
“These two groups share a commitment to delivering an exceptional real estate experience,” said Shawn Adams, president of HHRES’ Ohio South Central region, in a statement. “The merger combines the strengths of both companies, allowing us to better support agents, buyers, and sellers in the Dayton area while enhancing our leadership in the market.”
On the Atlantic coast, Howard Hanna also completed the purchase of Alliance Group Realty Companybased in Hilton Head, South Carolina. This acquisition expands the brand’s footprint in South Carolina and marks the entry of Howard Hanna | Allen Tate in the Low Country region.
Alliance Group Realty was founded in 2011 by Bob Clarkson and currently has over 70 agents. Clarkson will remain with the firm, serving as area manager and managing broker. According to Howard Hanna, the Alliance Group has closed more than $140 million in sales volume by 2023.
“This dual expansion with Big Hill Realty and Alliance Group Realty reinforces our growth strategy, bringing together agents who share our commitment to excellence,” said Howard W. “Hoby” Hanna IV, CEO of HHRES. in the statement. “These strategic moves position us for long-term success and deeper service to our communities.”
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