Alexanders left to pick up pieces of Official after other co-founders exit

After unsuccessful negotiation attempts with Oren and Tal Alexander, Chief Growth Officer Nicole Oge, CEO Richard Jordan and President of New Development Andrew Wachtfogel are “forfeiting ownership” of the firm. Continue reading

World’s most expensive, futuristic motorhome priced at $2.5M

According to Van Conover, the Prevost motorhomes typically belong to “A-list artists, top of the top in the music industry, F1 racers and high-level entrepreneurs” who can customize the motorhome however they see fit from the floors, the color of the l… Continue reading

Miami investors lose another hotel to foreclosure auction

In the same week that the investment firm lost the Waldorf Astoria in Washington, D.C., to a foreclosure auction, CGI Merchant also had to let go of the Gabriel Miami Downtown in a foreclosure auction to an affiliate of Madison Realty Capital. Continue reading

More agents leave Official in wake of Alexander brothers’ departures

At least five agents based in New York and Miami have left the firm in about the last week. Previously, West Coast founding broker Tyrone McKillen had also left the Side-backed brokerage. Continue reading

E&V’s Anthony Hitt says the best thing agents can do now is ‘focus’

The Engel & Völkers Americas president and CEO took time to chat with Inman and shared why agents should be concentrating on relationships — not confusion around commission lawsuits. Continue reading

Tri-State Christie’s Real Estate affiliate launches trusts division

Christie’s International Real Estate Group has welcomed Howard Morrel and Leslie Hirsch to launch the Trusts & Estates Division, which works with attorneys, executors, trustees, heirs and family offices to facilitate the sale of luxury estates and… Continue reading

The Agency brings on Jeff Davidson Group and more teams to SoCal

The former Compass team is the latest in a handful of teams to join The Agency in Southern California over the last few months. The team has over $750 million in career sales volume. Continue reading

Climate activists vandalize Lionel Messi’s $12M Ibiza home

Spanish climate activist group Futuro Vegetal smeared the star footballer’s mansion in red and black paint to blame the rich for the climate crisis, while also highlighting the lack of action on the part of the Spanish government, the group said. Continue reading

Ultra-luxury sales show resilience, up 3.9% from last year

Ultra-luxury sales, or residential sales valued at or above $10 million, totaled $14.6 billion across 838 transactions, an increase of 3.9 percent during the first half of the year. Continue reading

Corcoran HM Properties acquires Property Shop International Realty

The acquisition will allow Corcoran HM Properties to expand into the coastal market of Wilmington. The firm’s combined footprint now spans more than 160 agents across six offices in North and South Carolina. Continue reading