Pittsburgh-headquartered Howard Hanna Real Estate Services, the nation’s fifth-largest real estate company, has announced its acquisition of Manhattan-based Elegran Real Estate.
The financial details of the deal were not disclosed. Elegran agents will join Howard Hanna’s network of more than 15,000 agents and staff, working under the brand Howard Hanna Elegran.
“This is more than an acquisition — it’s a statement of intent,” said Howard W. “Hoby” Hanna IV, CEO of Howard Hanna Real Estate Services. “For nearly seven decades, our company has grown through relationships, service, and innovation. Expanding into Manhattan reflects our vision for connecting people and places in meaningful ways, helping agents thrive and clients achieve a best-in-class real estate experience. We’re proud to bring Howard Hanna to New York City and excited for the opportunities ahead.”
“I founded Elegran with a simple goal: to create a brokerage that truly puts its agents first,” said Michael Rossi, CEO of Elegran. “As the industry evolved, I recognized the value in joining a larger, more influential community. Howard Hanna was the obvious choice. This partnership gives our agents the scale, technology, and marketing power to grow their business while maintaining the personal, client-first culture that has defined our success in the city.”