Two of Triangle's top real estate firms merge
Real estate arm of billionaire Warren Buffett acquires York Simpson Underwood, merges it with Prudential Carolinas. Smedes York, chairman of York Simpson Underwood, will lead combined venture.Posted — Updated
The combined venture will be called Prudential York Simpson Underwood Realty and will be based in Raleigh.
“This merger creates the premier Triangle real estate company,” York said in a statement. “We are combining two strong firms within the Triangle into an even stronger organization. By joining forces with HomeServices, we will be unmatched in our ability to serve the real estate and corporate relocation needs of new and existing clients in the Triangle. Our commitment is to make this merger seamless for our customers, who will continue to be served by their existing agents.”
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