The deal marks the seventh buy in 12 months for Massachusetts-based Lamacchia Realty because it indicators acquisitions throughout New England in 2025. “I want to triple that in the next 12,” CEO says.
At Inman Join Las Vegas, July 30-Aug. 1 2024, the noise and misinformation shall be banished, all of your huge questions shall be answered, and new enterprise alternatives shall be revealed. Be a part of us.
Lamacchia Realty landed one other triumph Tuesday with its acquisition of Berkshire Dream Residence, including steady statewide protection for the Massachusetts-based brokerage, Inman has realized solely.
The acquisition provides to the brokerage’s presence in Western Massachusetts and ensures the quickly rising firm’s ongoing growth quest throughout New England and Florida properly into 2025, CEO Anthony Lamacchia advised Inman.
“We’ve acquired seven companies in the last 12 months,” Lamacchia stated, including that almost 200 new brokers have come aboard over the identical interval. “I want to triple that in the next 12.”
Primarily based in Dalton, Massachusetts, Berkshire Dream Residence was based by Andy and Sarah Perenick in 2014. It was the top-producing firm in Berkshire County in 2022 and 2023, based on Lamacchia.
The acquisition contains three staffers and 22 Realtors. Lamacchia now boasts roughly 660 brokers on its group, up from about 470 a yr in the past, based on the brokerage.
“I am so excited to collaborate with Anthony,” Andy Perenick stated in a press release. “His mission clearly aligns with my goal to raise the bar of professionalism and protect the consumer during the real-estate transaction. Anthony and his team will be able to support our agents in their own growth in this field and provide them with tools and marketing that will accelerate their professional development.”
Lamacchia Realty has added 33 brokers and roughly $150 million in prior 12-month gross sales quantity from Chinatti Realty since June, Lamacchia stated.
In April, it bought Sears Actual Property, a family-run brokerage owned by NAR President Kevin Sears. Sears Realty was the fourth-largest brokerage within the state, and the acquisition helped Lamacchia broaden West.
Earlier this month, Lamacchia introduced it had recruited Massoud Atallah from Wherever Actual Property to steer up its enterprise improvement phase. Atallah was described as an skilled in recruitment and acquisitions.
