Elliman continues South Florida expansion

TRD New York /
May.May 22, 2012 05:30 PM

Prudential Douglas Elliman will open a new office in Boca Raton, its eighth in South Florida, Crain’s reported. The expansion of the massive residential brokerage comes as more of Elliman’s New York clients shop for retirement and second homes in South Florida and as more foreign investors buy in both the New York and South Florida markets. Vanessa Grout, head of Douglas Elliman in Florida, will oversee the new office slated to open May 31.

“We strategically pick markets,” said Dottie Herman, CEO of Douglas Elliman. “We go where our clients live or go. We want to be able to service the needs of our clients whether they are buying second homes or retiring in Florida.”

Douglas Elliman began operations in South Florida two years ago by opening a Miami office. With the opening, Elliman’s Sunshine State footprint will span eight offices, including one opened last December in Palm Beach, and 180 agents. [Crain’s]


Related Articles

arrow_forward_ios
John Giannone and Jac Credaroli (Credit: iStock)

Two Elliman agents launch platform to provide renters, buyers and sellers up to $50K in unsecured loans

Jacob Sudhoff and Scott Durkin (Credit: Sudhoff Companies, Emily Assiran, iStock)

Douglas Elliman is coming to Texas

Douglas Elliman chairman Howard Lorber (Credit: Getty Images and iStock)

Elliman’s revenue rose 18%, after sales frenzy to avoid New York’s new transfer tax

Developers and brokerages are getting creative for Art Basel

Developers and brokerages are getting creative for Art Basel

Jed Garfield of Leslie J. Garfield; Richard Grossman, president of Halstead Real Estate; Sarah Saltzberg, principal broker and CEO of Bohemia Realty Group; Douglas Elliman’s Howard Lorber

NYC brokers slam bias, promise action after Newsday exposé

(Credit: iStock)

The city’s rental growth is slowing

Natasha Page and Jason Walker

Lawsuit: Douglas Elliman broker called me a “mulatto”

Douglas Elliman's Scott Durkin (Credit: Getty Images, iStock)

Elliman foots bill for agents’ new business tool

arrow_forward_ios