Real Estate News

Dinning-Beard to take on Berkshire PenFed Realty name next week

One of the area’s biggest real estate firms will take on a new name next week.

Prudential Dinning-Beard will adopt the name Berkshire Hathaway HomeServices PenFed Realty on Wednesday, the firm’s top executive confirmed Thursday.

“We’ve been Dinning-Beard for 50-plus years,” said Willie Kihle, regional president for BHHS PenFed Realty in Kansas. “After all these years Dinning-Beard is going away … to us, it’s kind of significant that’s gone.”

Kihle said he was hired by the firm’s co-founder, Doris Beard, in 1985.

The name change will be marked by separate ceremonies at the firm’s west and east Wichita offices on Wednesday morning, when officials will unveil new signs, Kihle said.

He said the timetable for the name conversion moved up to mid-November from December.

The name change comes nearly two years after Dinning-Beard was acquired by PenFed Realty, a Washington, D.C.-based subsidiary of Pentagon Federal Credit Union.

PenFed Realty joined Warren Buffett’s Berkshire Hathaway HomeServices network in July.

According to Irvine, Calif.-based Berkshire HomeServices, its network comprises nearly 34,000 agents and 1,038 offices in 47 states.

Besides Dinning-Beard’s two Wichita offices, the 275-agent firm also operates locations in Augusta and Newton.