Arizona School of Real Estate & Business (ASREB), a division of Hondros Education Group (HEG), announced that it has acquired Hogan School of Real Estate (Hogan), in a partnership that will further unify real estate, mortgage and appraisal education in Arizona.
This is the third acquisition for HEG in Arizona and helps fulfill its vision to offer professional education solutions in all states, ASREB announced in a release.
Based in Tucson, Hogan will combine its talents with ASREB to represent the largest and most comprehensive real estate education program in Arizona. HEG has been a leading provider of professional education for more than 50 years and at the forefront of providing a flexible, hybrid-style of real estate education through dynamic in-classroom and online learning options.
“We are excited to have Hogan School of Real Estate join us in providing high-quality real estate education in Arizona,” Hondros Educational Group Chief Executive Officer Linda Hondros said in the release. “We are both among the first professional education schools of our kind in the nation, and we have worked side-by-side with the Hogan family for decades. We share the same strong commitment to education and mission to positively impact the lives of our students.”
Jim Hogan, owner of Hogan School of Real Estate, will continue to serve ASREB as an educator and advisor. His wife Esther will continue in an advisory capacity, with daughter Jenny managing all the daily operations of the Tucson location. All operations and associates will be transitioned into the HEG organization.
“At Hogan School of Real Estate, we remain committed to providing a solid foundation to our students and maintaining our relationships with alumni and industry professionals,” Jim Hogan said. “We are looking forward to building on these connections and establishing new ones through our partnership with ASREB.”
The unification of ASREB and Hogan gives HEG more than 85 percent of the Arizona market share and will offer students and professionals wider access to leading real estate, mortgage and appraisal education programs, industry experts, and tools to help them stay ahead of an ever-changing market. This partnership aligns with Hondros Education Group’s business plan that includes expansion through meaningful acquisitions and strategic partnerships.
“Through these partnerships, we are merging institutions that highly value what quality education means, which will result in an even better customer experience and the ability to meet the constantly growing need for skilled real estate professionals in Arizona,” ASREB President Nate Hoelzen said.