MINNEAPOLIS – (COMMERCIAL THREAD) – HomeServices of America, Inc., a subsidiary of Berkshire Hathaway, today announced the acquisition of Americana Holdings, one of the largest independently owned and operated Berkshire Hathaway HomeServices franchisees. The company operates in three states as Berkshire Hathaway HomeServices Arizona Properties, Berkshire Hathaway HomeServices California Properties and Berkshire Hathaway HomeServices Nevada Properties. The acquisition includes American Holdings’ interests in the following securities and escrow companies: Legendary Title Agency (Arizona), Legendary Escrow Services (California) and Equity Title (Nevada). Financial terms of the transaction were not disclosed.
Based in Henderson, Nevada, Berkshire Hathaway HomeServices Arizona, California and Nevada Properties serve the tri-state area with nearly 3,000 vendors in 32 offices across communities in Arizona, southern Nevada and Orange County. The company joined the Berkshire Hathaway HomeServices network as an independent franchisee in 2014 and, with this transaction, now joins the HomeServices family of wholly owned companies. In 2018, Berkshire Hathaway HomeServices Nevada Properties entered the Inc 5000 Hall of Fame after being named one of the nation’s fastest growing private companies for five years. In 2018, it was also ranked # 32 on the Swanepoel Mega 1000, a list of the largest real estate brokerages in the United States by sales volume.
Berkshire Hathaway HomeServices Arizona, California and Nevada Properties is known for its commitment to providing agents and clients with the highest level of customer service, expertise and resources. They rank # 1 in Nevada in sales volume and # 4 in transactions on the global Berkshire Hathaway HomeServices network. Nationally, they rank 19th for sales volume and 34th for transactions by 2021 Actual trends 500 report. In 2020, the company closed more than 14,000 units and a volume of more than $ 7 billion.
Mark Stark, the company’s President and CEO, has nearly 40 years of real estate experience and is one of the most recognized and influential real estate leaders. In 2020, Stark was named one of the “Most Powerful People in Real Estate” in the Swanepoel Power 200. Stark, together with President and COO Gordon Miles, will continue to lead Berkshire Hathaway’s strategic strategy. HomeServices in Arizona, California and Nevada. planning and growth initiatives as well as managing the day-to-day operations of the business.
“Mark and Gordon, along with their team of extraordinary sales managers and agents, have built an exceptional organization and demonstrate a level of expertise and leadership unmatched in the real estate industry today,” said Gino Blefari, CEO of HomeServices of America and President of Berkshire Hathaway HomeServices.
“HomeServices is an exceptional organization,” said Stark. “When you combine the incredible strength of our people and our history of success with the unparalleled leadership of Gino, the spirit of innovation and the financial strength of HomeServices, there is no limit to what we can. accomplish. ”
“We are committed to the continued growth and success of Berkshire Hathaway HomeServices Arizona, California and Nevada Properties,” concluded Blefari. “We look forward to working with Mark and his team and are very proud to welcome them to the HomeServices family. ”
The acquisition expands HomeServices’ national presence in Nevada and further expands its presence in Arizona and California. Long Realty, based in Tucson, a HomeServices company since 1999 now serves these areas of the HomeServices family of companies; Berkshire Hathaway HomeServices California Properties, based in San Diego (2002); Guarantee Real Estate based in Fresno (2013); and Intero Real Estate, based in Silicon Valley (2014). With this transaction, HomeServices has nearly 46,250 real estate professionals operating in more than 900 offices in 32 states.
About Berkshire Hathaway HomeServices Properties in Arizona, California and Nevada
Americana Holdings operates the Berkshire Hathaway HomeServices Nevada, Berkshire Hathaway HomeServices Arizona Properties and Berkshire Hathaway HomeServices California Properties properties. The companies are leaders in their respective markets with 32 offices and more than 3,000 real estate sales managers, including the largest independent Berkshire Hathaway HomeServices franchise in the world. Last year, the company achieved a record $ 7.1 billion in residential home sales. It is a member of the Inc 5000 Hall of Fame for being one of America’s fastest growing private companies for five consecutive years. For more information visit www.bhhsnv.com, www.bhhsaz.com or www.bhhscaproperties.com.
About HomeServices of America
HomeServices of America, through its operating companies, is the nation’s largest gated residential real estate company and is the nation’s leading provider of homeownership services, including homeownership services. brokerage, mortgage, franchising, settlement, insurance and relocation. HomeServices of America is the owner of the Berkshire Hathaway HomeServices and Real Living Real Estate residential franchise networks. HomeServices is owned by Berkshire Hathaway Energy, a consolidated subsidiary of Berkshire Hathaway Inc. For more information, visit www.homeservices.com.