Parent company of Edina Realty to launch new real estate franchise

Minnesota-based Home Services of America Inc., a Berkshire Hathaway affiliate and owner of Edina Realty, is teaming up with Brookfield Asset Management to create Berkshire Hathaway Home Services, the Star Tribune reports. The new real estate firm will launch next year and be based in California. Terms of the deal were not released.
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Minnesota-based Home Services of America Inc., a Berkshire Hathaway affiliate and owner of Edina Realty, is teaming up with Brookfield Asset Management to create Berkshire Hathaway Home Services, the Star Tribune reports. The new real estate firm will launch next year and be based in California. Terms of the deal were not released.

"I am confident that these partners will deliver value to the residential real estate industry, and I am pleased to have Berkshire Hathaway be a part of the new brand," Warren Buffett, chairman and CEO of Berkshire Hathaway Inc., said in a news release.

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