HomeServices of America Inc. has established a presence in the nation’s Northeast with the acquisition of Prudential Connecticut Realty, whose 1,400 sales associates handled more than $2.5 billion in sales in 2011, working out of 50 offices located in markets across the state.

Prudential Connecticut Realty will retain its name and affiliation with Prudential Real Estate’s U.S. network, and its top executives — Chairman and CEO Peter Helie and President Candace Adams — will continue in those positions, running the firm’s day-to-day operations along with sales management and executive leadership teams.

HomeServices of America Inc. has established a presence in the nation’s Northeast with the acquisition of Prudential Connecticut Realty, whose 1,400 sales associates handled more than $2.5 billion in sales in 2011, working out of 50 offices located in markets across the state.

Prudential Connecticut Realty will retain its name and affiliation with Prudential Real Estate’s U.S. network, and its top executives — Chairman and CEO Peter Helie and President Candace Adams — will continue in those positions, running the firm’s day-to-day operations along with sales management and executive leadership teams.

A division of the company, Prudential Rhode Island Realty, has two offices serving the communities of Westerly and Watch Hill.

"I am delighted that HomeServices is establishing a presence in Connecticut," said Ron Peltier, chairman and CEO of HomeServices, in a statement. "I look forward to having Peter, Candace and their team join the HomeServices network of companies."

With the acquisition, Minneapolis-based HomeServices has 26 brokerage brands with more than 16,000 real estate professionals operating in 20 states, including Edina Realty (Minnesota), Koenig & Strey Real Living (Illinois), Prudential California Realty, Iowa Realty, Realty South (Alabama and Florida), and Long Realty Co. (Arizona).

A Berkshire Hathaway affiliate, HomeServices is the nation’s second-largest brokerage firm, after Realogy Corp.’s NRT LLC.

After acquiring Portland, Ore.-based Prudential Northwest Properties in February, Peltier said HomeServices was in a buying mode. Last month the company — a Berkshire Hathaway affiliate — acquired Prudential Northwest Realty Associates, a Seattle-based brokerage with more than 350 sales associates in six offices that handled more than $740 million in sales last year.

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription
×