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Families Unite: Howard Hanna and Rand Realty

October 02 2020

Joe Rand wrote Wednesday morning, "You all know the Hanna family, who is probably the best-known real estate family in the country. In the Hannas, we have found the perfect partners who align with our values of supporting amazing real estate agents and providing the best possible service experience for our clients."

wav families unite howard hanna and rand realtyIn an announcement, Howard Hanna Holdings consummated a private placement investment to become the majority shareholder of Rand Realty. Rand Realty will continue its operations with current leadership. The deal is very similar in construct to the expansion model that began with Smythe-Cramer and matured with the Allen Tate transaction. The Rand family stays in place and will operate the company with Marsha Rand and Matt Rand running the company, Dan Rand in mortgage and title, Joe Rand as Chief Creative Officer, and so on.

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