Century 21 adds luxury franchise in Chicago’s greater North Shore

Global franchise Century 21 has added a new luxury franchise office to its ranks in Northfield, Illinois, that will serve the village of Northfield and the entire North Shore market, the brand announced on Thursday. Continue reading

Top Dallas Christie’s team moves to Compass

The luxury, commercial and rural land sales-focused Ulterre team brought in $387 million in total sales volume in 2021, 10 transactions of which were priced at $10 million or greater. Continue reading

How luxury clients may be impacted by Biden’s wealth tax proposal

The “Billionaire Minimum Income Tax,” as outlined in Biden’s proposal, would require households worth more than $100 million to pay a tax of at least 20 percent on both their income and any unrealized gains — including real estate. Continue reading

Jeffrey Epstein’s pair of private Caribbean islands seeks $125M

The two islands, which occupy more than 230 acres altogether, were a significant part of Epstein’s robust international property portfolio. Continue reading

Celebrity agent Kelly Bensimon launches team at Douglas Elliman

The former “Real Housewives of New York City” star and her six-person team will mostly operate in New York City, the Hamptons and South Florida. Continue reading

Corcoran expands Georgia network with new affiliate in Athens

The independent firm previously known as CJ&L Real Estate will now operate as Corcoran Classic Living, becoming the company’s second affiliate in the state after Savannah Continue reading

Venture capitalist Marc Andreessen buys another Malibu pad for $44.5M

Months after buying a separate home down the street for $177 million, Marc Andreessen and wife Laura Arrillaga-Andreessen have purchased a second Escondido Beach home. Continue reading

Aspen puts kibosh on short-term rental, new construction permits

Last week, the city council voted unanimously to put a moratorium on all new construction and short-term rental permits in an effort to combat the city’s increasing lack of affordable housing. Continue reading

Corcoran expands in Caribbean with new Puerto Rico affiliate

The San Juan firm formerly known as Gramercy Real Estate Group will become Corcoran Puerto Rico and will be headed by Blanca Hebé López Pierluisi. Continue reading

Seller’s market is here to stay — but with fewer luxury buyers in 2022

“There will be more luxury sellers in 2022 than in 2021, and while there will be fewer actual luxury buyers, it is still a seller’s market,” the president of Luxury Portfolio International predicts. Continue reading