“Million Dollar Listing LA” star leaving show, joining new firm

Madison Hildebrand moving to Partners Trust; stay tuned

New York /
Nov.November 06, 2014 12:01 PM

Madison Hildebrand, the well-coiffed broker and original cast member of “Million Dollar Listing Los Angeles,” announced he is moving to luxury brokerage Partners Trust, where he will help launch a Malibu branch for the firm. The exit from his current gig at Coldwell Banker means Hildenbrand will no longer be a regular on the reality show.

Hildebrand, 34, will be taking 23 of his 26 clients with him to the new brokerage, he said during a phone interview on Wednesday night. Hildebrand will be one of four partners to set up the office. He said it’s still unclear how many agents will join the branch, but that the new Partners Trust office will have space for about 30 people. Hildebrand did not disclose where the new office is located, but added that the partners are in the final stages of securing the space.

Among the listings he’ll be bringing over: a nearly $5 million, seven-acre avocado ranch and a $3.7 million Spanish villa in Los Angeles.

The timing of the move to the new brokerage, which focuses on luxury housing, couldn’t be better, Hildebrand said. “It has been one of the busiest years for me.”

Meanwhile, the luxury market in Los Angeles is booming — similar to what’s going on in New York. More people are paying cash for their homes and are seeking out Los Angeles as a place for real estate investments, Hildebrand said.

“We don’t have the high-rises,” Hildebrand said, “but we’ve got stunning properties and compounds.”

Hildebrand made the announcement on Wednesday night’s episode of “Million Dollar Listing Los Angeles.” In the interview with TRD, Hildebrand offered a cryptic message to fans who are worried that they won’t see the famous broker and author on television.

“There’s something to look forward to,” he said. “I made some other cameos on other another Bravo show that’s not been announced.”


Related Articles

arrow_forward_ios
Clockwise from left: John D. Rockefeller, Izzy Englander, Steven Mnuchin, David Koch, Jacqueline Bouvier, and William Zeckendorf (Credit: Getty Images and StreetEasy)
For 15 years, David Koch lived at the world’s “richest building”
For 15 years, David Koch lived at the world’s “richest building”
366 State Street and 37 Sidney Place in Brooklyn (Corcoran, Zillow)
Passive house asking $15M tops Brooklyn contracts
Passive house asking $15M tops Brooklyn contracts
Realogy's Ryan M. Schneider (Realogy, iStock, Illustration by Kevin Cifuentes for The Real Deal)
Realogy reports strong quarter, expands iBuying
Realogy reports strong quarter, expands iBuying
 Rachel Glazer and Steve Gold with Central park (Compass, Getty, iStock)
Agent’s departure leaves rival with exclusive at Circa Central Park
Agent’s departure leaves rival with exclusive at Circa Central Park
Wall Street bonuses are booming, transforming the luxury market
Wall Street bonuses are booming, transforming the luxury market
Wall Street bonuses are booming, transforming the luxury market
Gregory Abbott and 1020 Fifth Avenue (Christies Real Estate, Getty, Streeteasy, Columbia University, Eden, Janine and Jim via Flickr)
College admissions scammer unloads $14M apartment
College admissions scammer unloads $14M apartment
(iStock)
New development activity spikes in February — even in Queens
New development activity spikes in February — even in Queens
Blade founder and CEO Robert Wiesenthal and SweetGreen co-founder and CEO Nicolas Jammet with 551 West 21st Street and 374 Broome Street (LinkedIn, Wikipedia, Corcoran, Elliman)
Blade, SweetGreen execs close big condo deals
Blade, SweetGreen execs close big condo deals
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...