PROVIDENCE – Berkshire Hathaway HomeServices Gammons Realty has merged with the Natick, Mass.,-headquartered Berkshire Hathaway HomeServices Commonwealth Real Estate, the companies announced Tuesday.
As part of the merger, the 35 employees of Berkshire Hathaway HomeServices Gammons Realty will remain with the new entity. The company also will continue to operate from its current headquarters at 461 Main St. in East Greenwich. It will operate under the name Berkshire Hathaway HomeServices Commonwealth Real Estate.
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Terms of the deal were not provided.
Gammons Realty founder Allen Gammons also will maintain an active role with the company.
“Our affiliation with Commonwealth and the extensive support, resources and training they provide will enable me to spend more time in the field using my talents to help create inventory for our agencies and brokers,” Gammons said. “I look forward to working with the Commonwealth team and continuing to grow our business.”
In 2018, Gammons Realty sold 239 single-family, multifamily and condominium residences, at a value of $71.8 million, in Rhode Island and Bristol County, Mass., according to PBN research published Feb. 8.
“Our company has experienced incredible growth with the support of the Berkshire Hathaway HomeServices brand. Gammons Realty has an excellent team of professionals in place with a proven track record of providing superior service,” stated George Patsio, Commonwealth founding partner. “We are excited to bring additional resources to their sales associates, staff and clients, and enhance the already exceptional level of service they provide to their marketplace. We are looking forward to expanding our footprint into Rhode Island and thrilled to welcome Allen and the Gammons team to the Commonwealth family.”
