Beverly Hills Estates Launches Malibu Estates Division

Beverly Hills Estates is making good on plans to expand through satellite offices in high-end markets, with the launch of its Malibu Estates division on Friday.

Since the West Hollywood-based brokerage’s 2020 inception, it said it’s closed about $500 million in deals within the coastal city and that a local office could help continue the momentum.

“We’ve sold a lot of great properties out there, so our goal was five estates (satellites) throughout Los Angeles, and this was the next evolution,” said Beverly Hills Estates co-founder and President Branden Williams.

Along with Williams, Trevor Wright and Beverly Hills Estates co-founder and CEO Rayni Williams will lead Malibu Estates, which The Real Deal is first to report on.

Branden declined to say how many agents will comprise Malibu Estates once it’s fully operational.

“We don’t have bottom lines,” he said. “We just do what’s right for the company and like to grow steadily.”

The new division has 15 listings in the beachside community with another two set to hit the market next week priced at $15 million and $17 million. Branden said the brokerage is in the final stages of negotiations for a Malibu office, with Rayni declining to provide details given the deal is not yet finalized.

The office is expected to open within the next four to six months, alongside an office for its Palisades division as the firm recently completed a deal in the Palisades Village area, according to Williams. Both offices are small — about 2,500 square feet — in comparison to the roughly 11,000-square-foot West Hollywood headquarters on Sunset Boulevard.

Malibu Estates follows last year’s launch of the Palisades Estates, helmed by Jacqueline Chernov amid the Los Angeles neighborhood’s large-scale rebuilding effort post-Palisades fire.

At the time, the brokerage revealed Palisades Estates would kick off a plan to open five divisions in high-end markets throughout the city. Among the areas also being considered are Montecito, the Valley and the Eastside.

The latter two are likely the next markets the brokerage will enter which could come as soon as next year, Williams said. He added that the advantage of the satellites is largely brand awareness and having a door for local clients.

Malibu Estates launches in a market that held court over several blockbuster deals in 2024. That included the reported sale of Oakley founder Jim Jannard’s Pacific Coast Highway compound, which traded for $210 million and set a new state record. There was also the $94 million purchase of a Paradise Cove property by Laurene Powell Jobs, the widow of Apple co-founder Steve Jobs. That same year, high-end developer Scott Gillen sold 24186 Case Court, nicknamed The Edge, for $61 million. The Edge is part of the five-estate Malibu community called The Case, developed by Gillen’s Unvarnished.

Last year was quieter for Malibu, but it still notched some banner deals. At the top of that activity was the off-market trade of 28719 Grayfox Street, which went for $80 million and marked the city’s priciest 2025 sale.

Beverly Hills Estates also struck a deal this week with Savills, which makes the West Hollywood-based brokerage the London real estate advisory and management firm’s exclusive residential brokerage partner for the West Coast.For Beverly Hills Estates, that means access to a global client base and listings, while Savills taps a hyper local brokerage and its high-end inventory.

“For us, it’s more exposure internationally,” Rayni said. “We don’t have a clientele that are just in one market. It’s an international community. When we met with (Savills), and we met with other international conglomerates as big as them too, we felt Savills was the exact customer service that we give locally.”