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orcoran Group has acquired McEnearney Associates, one of Washington D.C.'s largest independent brokerages, marking its first franchise in the region. This move expands Corcoran's presence and boosts its agent count by nearly 10%. The affiliation brings 420 agents, 40 support staff, and 13 offices under the Corcoran umbrella.

    Corcoran now counts over 4,500 agents across its network. McEnearney Associates was established more than four decades ago and has a strong reputation in the region. In announcing the deal, Corcoran President and CEO Pamela Liebman said it represents a significant step in expanding the company's physical footprint and strategic network.

    The acquisition aligns with parent company Anywhere Real Estate's strategy to focus on luxury brands. Anywhere CEO Ryan Schneider has expressed confidence in the luxury market segment, citing its resilience during economic downturns. The Corcoran Group is well-positioned to capitalize on this trend, given its premium offerings and strong presence in upscale markets.