Printer Friendly

HomeServices of America Acquires Berkshire Hathaway HomeServices Ambassador to Strengthen Presence in Omaha Real Estate Market.

M2 EQUITYBITES-June 21, 2018-HomeServices of America Acquires Berkshire Hathaway HomeServices Ambassador to Strengthen Presence in Omaha Real Estate Market

(C)2018 M2 COMMUNICATIONS http://www.m2.com

21 June 2018 - Minneapolis, US-based HomeServices of America, Inc., an affiliate of Berkshire Hathaway has acquired Omaha, Nebraska, US-based Berkshire Hathaway HomeServices Ambassador Real Estate as well as an ownership interest in Ambassador Title Services, the company said.

Financial terms of the transaction were not disclosed.

The acquisition further expands HomeServices' presence in the Omaha and Lincoln, Nebraska markets, which include Omaha-based CBSHOME and Lincoln-based Woods Bros. Realty and HOME Real Estate. They will continue to operate as independently-branded companies in their respective markets.

With this transaction, HomeServices has nearly 43,000 real estate professionals operating in nearly 900 offices across 30 states.

In 2017, the company's associates facilitated over USD 137bn in residential real estate sales and nearly 360,000 transactions (including the 2017 and 2018-to-date acquisitions pro-forma), further strengthening HomeServices' position of becoming the nation's largest real estate brokerage company based on transactions.

((Comments on this story may be sent to info@m2.com))

COPYRIGHT 2018 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2018 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:M2 EquityBites (EQB)
Geographic Code:1U4NE
Date:Jun 21, 2018
Words:183
Previous Article:TransPerfect Acquires Language Services Provider TranslateNow to Expand into APAC Region.
Next Article:Right Networks Extends offerings with the Acquisition of Transaction Pro.
Topics:

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters