Howard Hanna Real Estate Services’ sister company, Allen Tate Realtors®, has acquired Blowing Rock Investment Properties, an independent residential real estate company serving Blowing Rock, Boone and surrounding areas. This acquisition marks Charlotte-based Tate’s entry into North Carolina’s High Country region. Tate, the largest real estate company in the Carolinas, operates 46 offices spanning the Charlotte and Research Triangle regions in North Carolina and upstate South Carolina.
In September 2018, Tate joined forces with Pittsburgh-headquartered Howard Hanna, the third largest real estate company in the U.S. and the largest home seller in Pennsylvania, Ohio and New York. This partnership created the No. 1 privately owned real estate company in the nation with more than 11,000 agents and employees in more than 300 offices in nine states. It also gave Tate substantial traction and scale in the competitive real estate industry and the opportunity to grow through acquisitions.
Established in 2005, Blowing Rock Investment Properties specializes in vacation homes, retirement properties, primary residences, commercial properties and investment properties. Led by Scott MacIntosh, president and broker in charge, the company has more than 20 agents.
“We are thrilled to welcome Scott MacIntosh and the agents with Blowing Rock Investment Properties to Allen Tate and the Howard Hanna family of companies,” Howard Hanna Real Estate President Howard W. “Hoby” Hanna IV, said in a statement. “Part of our strategy in the joint venture with Allen Tate is to grow the company through mergers, acquisitions and franchises in the Carolinas and Southeast as we have throughout the Midwest and Mid-Atlantic regions. Our secure financial strength and proactive approach to continued growth, will keep us solidly positioned for combined success.”