Industry News

HomeServices grows in North Carolina

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HomeServices of America, a Berkshire Hathaway affiliate, has acquired Winston-Salem, N.C.-based Graham & Boles Properties. Graham & Boles is the third largest residential real estate brokerage in the Triad area of North Carolina, according to HomeServices. Following the acquisition, the brokerage will merge with Prudential Carolinas Realty, which HomeServices acquired in April. In connection with the acquisition and merger, HomeServices will name Katy Boles president and chief operating officer of Prudential Carolinas Realty. Robert Helms will continue to serve as the company's chief executive. "When they approached us a few months ago about the possibility of acquiring Graham & Boles, I knew it was an offer I wanted to seriously consider," Boles said. "I have known Ron Peltier and the philosophy of the management team at HomeServices for many years and have a great deal of respect for them. I am confident they will provide strong support and a leadership network as we...