Charlotte firm acquires Beverly-Hanks, WNC’s largest real estate firm

ASHEVILLE Charlotte-based Allen Tate Realtors has acquired Beverly-Hanks, Western North Carolina’s largest real estate operation, and one of its oldest, dating to 1976.

Beverly-Hanks, which has 18 residential offices and over 460 Realtors in WNC, as well as a commercial real estate operation, made the announcement on Aug. 2.  

“As a homegrown business in Western North Carolina, local expertise, personal service and respect for our special corner of the Blue Ridge guides everything we do,” Beverly-Hanks Realtors President Neal Hanks said in the release. “This new partnership will allow us to expand that vision while deepening our commitment to the communities we serve.”

Beverly-Hanks President Neal Hanks

Founded in 1976 with the merger of Beverly Realty and W. Neal Hanks & Associates, Beverly-Hanks closed sales in excess of $2.6 billion in 2021, the release notes. 

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Allen Tate Realtors acquired Beverly-Hanks in partnership with Howard Hanna Real Estate Services, according to the release. A 65-year-old company, Allen Tate had $6.8 billion in closed sales volume in 2021, and it will now have 70 real estate offices spanning the Charlotte, Triad, Research Triangle, High Country, Highlands/Cashiers, and Asheville/Mountain regions of North Carolina and the Upstate of South Carolina, the release notes.

Read More:Charlotte firm acquires Beverly-Hanks, WNC’s largest real estate firm

2022-08-05 07:10:47

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