Three weeks after announcing it had acquired a Florida commercial and residential real estate firm, Prudential PenFed Realty is set to buy another realty company in Kansas.
Prudential PenFed Realty is owned by the $15 billion Pentagon Federal Credit Union in Alexandria, Va.
The latest acquisition nearing a closing date is with Prudential Dinning-Beard, a Wichita, Kan.-based realty firm with 275 agents. The acquired company will continue to operate under its name, according to Prudential PenFed Realty. Financial terms of the transaction were not disclosed.
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