Howard Hanna Real Estate Services has acquired Coastal Properties, enhancing its presence in the Southeast and marking its official entry into the Georgia market.

Target Information

Howard Hanna Real Estate Services, the leading privately owned real estate company in the United States, is amplifying its influence in the Southeast region with the acquisition of Coastal Properties. This well-regarded brokerage has a strong presence in the Lowcountry areas of South Carolina and Georgia, boasting a reputable track record of serving local communities. The acquisition is part of Howard Hanna's strategic plan to enhance its market share and extend its operations across 14 states nationwide.

Coastal Properties, founded in 1998, has built a solid reputation as one of the most trusted real estate firms in the region, with five offices located in key areas including Hilton Head, Beaufort, and Savannah. In the year 2024 alone, the firm successfully closed 731 transactions, resulting in $467 million in sales, solidifying its status among the top performers in the local market.

Industry Overview in the Southeast

The Southeast real estate market has shown remarkable growth in recent years, driven by increasing demand for residential properties and business opportunities. States like South Carolina and Georgia have experienced significant popul