Christie's International Real Estate

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Christie's International Real Estate
IndustryLuxury real estate
Founded1987
Number of locations
Worldwide
Key people
Thaddeus Wong (CEO)
Michael Golden (CEO)
Kevin Van Eck ( President - Affiliate Strategy)
Natalie Hamrick (President - Affiliate Services & Growth)
Number of employees
69
Parent@properties

Christie's International Real Estate is a global network of independently owned luxury real estate brokerage firms, founded in 1987 as Great Estates by Kay Coughlin in Santa Fe, New Mexico. Over the years, the company has undergone significant changes and growth, ultimately becoming a prominent player in the luxury real estate market.

History[edit]

Christie’s International Real Estate, originally established as Great Estates by Kay Coughlin in 1987, originated as a network of luxury real estate firms based in Santa Fe, New Mexico. In 1995, the company was acquired by Christie’s, the renowned London-based art and luxury business, and subsequently renamed Christie’s Great Estates. In 2011, another rebranding effort led to the current identity, Christie’s International Real Estate.[1][2] In 2021, the company entered a new chapter when Chicago-based real estate firm @properties, under the leadership of co-founders and co-CEOs Mike Golden and Thad Wong, acquired Christie’s International Real Estate through a long-term licensing agreement.[3][4]

Ownership and Leadership[edit]

The co-CEOs of Christie's International Real Estate are Mike Golden and Thad Wong. The company's main headquarters is located in Chicago, Illinois.

Business Overview[edit]

Christie’s International Real Estate is a leading network of independently owned luxury real estate brokerage firms worldwide. The company provides its network members with luxury branding and marketing, an international referral channel, proprietary brokerage technology called pl@tform™, co-op advertising opportunities, and tech-enabled coaching and training programs. Additionally, the company has a direct partnership with Christie’s auction house for the referral of the sale of fine art, luxury items, and private collections.

Notable People[edit]

Notable individuals within Christie’s International Real Estate include:

  • Mike Golden and Thad Wong: Co-CEOs
  • Joni Meyerowitz: Chief Operating Officer
  • Natasha Patla: Chief Marketing Officer
  • Brent Dobsch: Chief Financial Officer
  • Helena de Forton: Managing Director, Head of EMEA & APAC
  • Natalie Hamrick: President, Affiliate Services and Growth
  • Kevin Van Eck: President, Affiliate Strategy

Notable sales[edit]

Significant sales from the Christie's International Real Estate network include:

  • Copper Beech Farm (Greenwich, Connecticut). The 50-acre waterfront estate was sold in April 2014 for US$120,000,000 and was, at the time of sale, the highest residential transaction ever recorded in the United States.[5]
  • Hotel De Soyecourt (Paris, France), which sold in September 2006 and was listed at €100,000,000.[6]
  • The Playboy Mansion (Los Angeles, California), which sold for over US$100,000,000 in 2016.[7]
  • Kaiuso (Kyoto, Japan), which sold in December 2009 and was listed at ¥8,000,000,000.
  • Gouverneur Bay Estate (St. Barthélemy, French West Indies), which sold in 2009 for €61,200,000 (approximately US$89,000,000).
  • The Manor (Holmby Hills, Los Angeles, California), which sold in June 2011 for US$85,000,000.[8]
  • The Elaine Estate (Sydney, Australia, which sold in April 2017 for more than A$70,000,000.[9]
  • Triplex Penthouse in the Golden Square (Monte Carlo, Monaco), which sold in March 2017 for US$61,000,000.[10]
  • Little Jennie Ranch (Jackson Hole, Wyoming), which sold in 2005 and was listed at US$55,000,000.[11]
  • Conyers Farm Estate (Greenwich, Connecticut), which sold in August 2004 and was listed at US$53,000,000.[12]
  • Beachfront estate (Jupiter Island) on 2 acres with direct access to the Atlantic Ocean and the Intracoastal Waterway, represented by Illustrated Properties, is sold in May 2022 for $35 million making it the second most-expensive real estate deal on the island.[13]
  • Record-breaking $21 million sale for Paradise Valley, Arizona 7-bedroom, 15,700-square-foot main house plus guest house on 4.27 acres with views of Camelback Mountain represented by Walt Danley Realty.[14]
  • Waterfront home in Vaucluse sells in October 2022 for AUS $60 million represented by Ken Jacobs Christie’s International Real Estate.[15]
  • A 2-acre island in Palm Beach, Florida, the only private island in Palm Beach, with a mansion, swimming pool and tennis court sells for US$85 million represented by Premier Estate Properties.[16]
  • Homestead property (Whitefish, Montana), with 3 lodges situated on a 1,700-acrea property with 2 miles of Stillwater River frontage sells for US$55 million. Represented by PureWest Real Estate. Sold June 2021.[17]
  • 9,000-square-foot penthouse (Midtown Manhattan) sells in June 2021 for US$30 million represented by Christie’s International Real Estate.

References[edit]

  1. ^ "Global luxury real estate market showing 'strong momentum'". Inman News. March 11, 2013. Retrieved 2013-06-25.
  2. ^ Kime, Susan (June 4, 2013). "A New Trend in Passion Investment: Vineyards By Christie's International Real Estate". JustLuxe.com. Retrieved 2013-06-25.
  3. ^ Walter-Warner, Holden (November 17, 2021). "@properties acquires Christie's International Real Estate". The Real Deal.
  4. ^ Mack, Emily (January 27, 2022). "@properties rebrands to @properties Christie's International Real Estate following acquisition". Chicago Agent Magazine.
  5. ^ "Most Expensive U.S. Home Sale Ever: Connecticut Estate Goes For $120 Million" from Forbes
  6. ^ "Christies Great Estates and Carolina Affiliates" from Charleston Million Dollar Homes
  7. ^ "Top real estate sales of 2016: L.A.’s record year included two $100-million sales"
  8. ^ "Spelling Mansion Sells to Racing Heiress"
  9. ^ "Point Piper estate Elaine sold for more than $70 million, sets national price record" from Domain News
  10. ^ "Top 2016 & 2017 Real Estate Sales" from Luxury Defined.com
  11. ^ "Little Jennie Ranch Sold Archived 2009-07-26 at the Wayback Machine" from Luxist.com
  12. ^ "Sold: Legendary 80-Acre Conyers Farm Archived 2009-02-06 at the Wayback Machine" from DavidOgilvy.com
  13. ^ Kallergis, Katherine (August 10, 2022). "Conair heiress pays $35M for oceanfront Jupiter Island mansion". The Real Deal.
  14. ^ Stone, Kevin (April 20, 2022). "Estate near Camelback Mountain sells for US$21M, a record for Paradise Valley". KTAR News.
  15. ^ Kenyon, Nick (December 5, 2022). "Zimmermann Fashion Mogul Drops $60 Million On This Vaucluse Trophy Home". Boss Hunting.
  16. ^ Kallergis, Katherine (July 7, 2021). "Spec home developer Todd Glaser, partners buy entire Tarpon Island in Palm Beach for $85M". The Real Deal.
  17. ^ Hintze, Lynette (June 3, 2021). "Rural Whitefish luxury estate listed at $55M sold to Texas investors". Daily Inter Lake.

Further reading[edit]

External links[edit]

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