Douglas Elliman wraps 2024 with hefty $76M net loss for year

The company squeaked out of 2024 with improved quarterly losses, even though net losses for the year were significant. CEO Michael Liebowitz expressed optimism for the firm’s future. Continue reading

The top 1% could buy nearly all homes in the US with their wealth

The value of America’s nearly 100 million homes hit $49.7 trillion at the end of 2024, as the combined net worth of the wealthiest 1 percent of Americans hit a record $49.2 trillion, according to a Redfin analysis. Continue reading

Former Engel & Völkers CXO Peter Ianos joins The Agency

Ianos has been in the industry for more than two decades, and spent about 12 years at Engel & Völkers, where he served in a variety of leadership roles. Continue reading

SoHo broker Keith Copley leaves Eklund | Gomes for Nest Seekers

Copley has specialized in SoHo’s luxury market for 30 years and sold over 50 apartments on Greene Street alone, growing a client roster that includes celebrities, athletes and Fortune 500 executives. Continue reading

Byron Allen sells unit inside NYC’s 220 Central Park South for $82.5M

The media mogul bought the 6,600-square-foot unit in 2023 for $75 million, and has clinched a healthy profit in an off-market deal. He also owns a smaller unit within the building. Continue reading

Middle East and Asia drove global residential luxury growth last year

Despite global uncertainties, many investment opportunities exist for the wealthy in today’s market, Douglas Elliman and Knight Frank’s The 2025 Wealth Report shows. And they continue to be interested in real estate. Continue reading

LA-based Distinct Concierge launches AI-fueled app for A-listers

Operating in Beverly Hills’ vaunted 90210 ZIP code, Distinct Concierge serves professional athletes and entertainers, an exclusive subset of the market that requires unique touchpoints. Continue reading

Beau Blankenship, Jacob Watkins sign onto Christie’s Real Estate

The two top producers formerly of Engel & Völkers 30A Beaches and Corcoran Reverie have launched a new flagship location in northwest Florida called Christie’s International Real Estate Emerald Coast. Continue reading

Maurice Boschetti and Boschetti Realty Group join Compass

The powerhouse Boschetti Realty Group has joined forces with Compass, where the team is further cementing its dominance in Coconut Grove, Florida’s luxury real estate market, the brokerage announced Monday.

Under the leadership of top broker and man… Continue reading

Zane Burnett leaves Rechat for exec leadership gig at The Agency

As executive vice president of Digital Strategy at the Beverly Hills-based luxury firm, Burnett will drive the firm’s digital strategy, growth and innovation, and spearhead initiatives in emerging technologies. Continue reading