Corcoran furthers Northern California expansion with brokerage buy

Corcoran Group is expanding its Northern California presence, saying Monday that it is absorbing Discovery Bay Properties in Contra Costa County. The acquired firm, formerly an affiliate of Berkshire Hathaway’s Intero franchise, will become part of Corcoran’s “Corcoran Global Living” California brand, said Michael Mahon, CEO of Corcoran Global Living. Discovery Bay Properties has 100 agents, Mahon said, and nine employees. He declined to specify financial terms of the deal, or discuss what Discovery Bay

source https://therealdeal.com/2020/07/28/corcoran-absorbs-contra-costa-brokerage-in-norcal/