Mauricio Umansky settles Malibu lawsuit with pro-Israel donation

Following the attack in Gaza in October, plaintiffs in a lawsuit against Umansky and his partners decided their time and energy would be “better served” on more important matters, allowing Umansky to settle with a donation to a pro-Israel charity. Continue reading

Can an LA condo set a $50M record? Agents say, why not?

LA’s luxury condo market has never seen a sales price above $35 million. But some agents say that under the right conditions, a condo could sell for more — and it soon may be just the right time. Continue reading

EXp Luxury celebrates its newest phase of international expansion

In addition to launching in Australia and New Zealand, the virtual brokerage also expanded its luxury program into South Africa and the United Kingdom. Continue reading

Luxury buyers are clamoring for a Zen-like home heading into 2024

Coldwell Banker Global Luxury transformed a recent home trends survey of 200 luxury agents into a shoppable “Best of the Best” guide of luxury home products. The result shows luxury homeowners crave serenity now more than ever. Continue reading

Not-yet-developed Dubai penthouse sells for $136M

The sale of the Como Residences penthouse, located on the exclusive Palm Jumeirah archipelago, is the priciest ever to close in Dubai. The penthouse is expected to be complete in late 2027. Continue reading

The Agency ends 2023 with new offices in Marbella and Boulder

The new offices bring The Agency’s total office launch count in 2023 up to 26. The brokerage recently marked another milestone by launching its 100th office in Portland. Continue reading

Nikki Beauchamp leaves Engel & Völkers for Sotheby’s

After nearly a decade at Engel & Völkers, Beauchamp said that now was a good time for her to start a new chapter. She landed at Sotheby’s largely because of how she believes her clients will be served by the brand’s international network. Continue reading

Carmine Sabatella of HGTV’s ‘Inside Out’ joins The Agency

The real estate agent and interior design pro said he was making the move because of The Agency’s boutique culture. He has closed more than $300 million in sales volume during his career. Continue reading

ONE Sotheby’s taps Compass alum Lena Johnson as CMO

The marketing executive spent eight years at Vogue before transitioning into real estate and was instrumental in the founding of Compass’ luxury division. Continue reading

Team co-led by former ‘Bachelor’ Jason Mesnick joins Real

Mesnick and his business partner Chris Dalto have left Compass and brought their Seattle-based luxury team, MDG Residential, to Real. Within its first year, the team closed more than $100 million in sales volume. Continue reading