Howard Hanna acquired Coastal Properties, accelerating Southeast expansion and marking the firm's entry into Georgia. The firm now operates in 14 states. CEO Howard W. Hoby Hanna IV said the company is making deliberate investments in markets with opportunity, momentum and the ability to create meaningful market connections for clients. Coastal Properties was founded in 1998 and has five offices across Hilton Head, Beaufort and Savannah, closed 731 transactions in 2024 totaling $467 million, and has more than 160 agents led by Karen and Joe Ryan. Howard Hanna previously entered Hilton Head by acquiring The Alliance Group Realty and rebranded Allen Tate Realtors in the Carolinas. The CEO has a target of reaching 20% market share in 20 markets.
At Howard Hanna, we're not just expanding for the sake of growth we're making deliberate investments in markets where we see opportunity, momentum and the ability to create meaningful market connections for our clients, Howard W. Hoby Hanna IV, the CEO of Howard Hanna Real Estate Services, said in a statement. South Carolina and Georgia are dynamic, fast-moving markets. Coastal Properties was founded in 1998 and has five offices spread across the Georgia and South Carolina markets of Hilton Head, Beaufort and Savannah.
It reportedly closed 731 transactions in 2024 for a total of $467 million in sales volume. The independent brokerage was led by Karen and Joe Ryan and has more than 160 agents. Adding Coastal Properties is another milestone in our Southeast growth story, Gary Scott, president of Howard Hanna's Southeast region, said in a statement. Their reputation, deep community relationships, and proven success make them an ideal partner as we expand our reach and resources in these important markets.
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