Christie's International Real Estate
| Industry | Luxury real estate |
|---|---|
| Founded | 1987 |
Number of locations | Worldwide |
Key people | Thaddeus Wong (CEO) Michael Golden (CEO) Kevin Van Eck ( President - Affiliate Strategy) Natalie Hamrick (President - Affiliate Services & Growth) |
| Services | Real estate brokerage firm |
Number of employees | 69 |
| Parent | Compass, Inc. |
Christie's International Real Estate is a luxury real estate brokerage firm. It has a brand license from Christie's but is owned by Compass, Inc.
It has more than 400 offices and approximately 10,000 real estate agents in nearly 50 countries and territories.[1]
Notable properties brokered by the company include the Playboy Mansion in Los Angeles, California, which sold for over US$100 million in 2016.[2]
History
Christie’s International Real Estate was founded in 1987 as Great Estates.
In 1995, the Great Estates brand was acquired by Christie’s, the London-based auction house, and in 2011, Christie’s changed the name from Christie’s Great Estates to Christie’s International Real Estate.[3][1]
In December 2021, a venture led by Mike Golden and Thad Wong, co-founders of @properties, acquired Christie’s International Real Estate from Christie’s, entering into a long-term global brand licensing agreement.[4][5]
In 2024, it was acquired by Compass, Inc. for $444 million.[6]
References
- ^ a b Kime, Susan (June 4, 2013). "A New Trend in Passion Investment: Vineyards By Christie's International Real Estate". JustLuxe.com. Retrieved 2013-06-25.
- ^ "Top real estate sales of 2016: L.A.'s record year included two $100-million sales". Los Angeles Times. January 6, 2017.
- ^ "Global luxury real estate market showing 'strong momentum'". Inman News. March 11, 2013. Retrieved 2013-06-25.
- ^ Walter-Warner, Holden (November 17, 2021). "@properties acquires Christie's International Real Estate". The Real Deal.
- ^ Mack, Emily (January 27, 2022). "@properties rebrands to @properties Christie's International Real Estate following acquisition". Chicago Agent Magazine.
- ^ Cachero, Paulina (December 3, 2024). "Compass to buy Christie's International in $444M deal". Crain Communications. Bloomberg News.
Further reading
- "Fighting for Turf: Sotheby's vs. Christie's" from The New York Times (1996)
- "New Sotheby's Franchises Expand Into Low-End Housing" from The Wall Street Journal (2007)
- "@properties looks beyond Chicago with Christie’s deal" from Housing Wire (2021)