Berkshire Hathaway affiliate HomeServices of America Inc., the parent company of Springfield-based Carol Jones, Realtors, has acquired a Chicago-based real estate brokerage firm.
Minneapolis-based HomeServices Inc. announced Sept. 1 that it acquired Koenig & Strey GMAC real estate from Brookfield Residential Property Services; terms of the deal were not disclosed.
Koenig & Strey will retain its name and become a franchisee in Brookfield Residential Property Services' North American real estate network, according to a HomeServices of America news release.
Founded in 1961, Koenig & Strey has about 900 agents in 21 offices serving Chicago, the North Shore, Lake County and the western suburbs. In 2008, the company's sales were $2.6 billion, according to the release.
The acquisition is the 21st for HomeServices, which now has more than 15,000 real estate professionals and 21 companies operating in 20 states.
Carol Jones, Realtors, was founded in 1983 and joined the HomeServices network in 1997.
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