Douglas Elliman Florida acquires Majestic Properties

Miami /
Jun.June 09, 2014 03:00 PM

Douglas Ellliman acquired Miami Beach-based real estate company Majestic Properties, the firm announced today.

As a part of the deal, Majestic’s Jeff Morr and his team — the firm’s top-producing group of agents — will be absorbed into the daily operations of Douglas Elliman’s Florida business.

“The acquisition of Majestic Properties is a prime opportunity to expand our network of agents with some of the best in the market,” Jay Parker, CEO of Douglas Elliman’s Florida brokerage, said. “Under Jeff’s leadership, Majestic has been one of the area’s premiere boutique operations for the past 20 years. We recognize how his insight and experience will help us reach our end goal to provide the strongest resources possible to buyers, sellers, and developers.”

Morr is credited with selling more than 3,000 condominiums valued at over $3 billion over the last 25 years.

“I started Majestic Properties in 1995. After two wonderful decades, I have decided to relinquish my management responsibilities and to focus on my favorite part of the business: brokering substantial residential and commercial transactions,” Morr said. “Douglas Elliman was my only choice when contemplating a new home for myself and for my agents.” — Christopher Cameron


Related Articles

arrow_forward_ios
(iStock)
South Florida resi sales jump in Q4: Elliman
South Florida resi sales jump in Q4: Elliman
An aerial shot of the condos at 2020 North Ocean BLVD. (30-thirty)
Cavache taps Douglas Elliman to sell remaining units at 30 Thirty North Ocean in Fort Lauderdale Beach
Cavache taps Douglas Elliman to sell remaining units at 30 Thirty North Ocean in Fort Lauderdale Beach
Kim Martin-Fisher and Jennifer Martin Faulkner and Liz Lopez
Movers & Shakers: RelatedISG names vice president & more
Movers & Shakers: RelatedISG names vice president & more
Matthew Whitman Lazenby, Grant Cardone, Phil Collins, Orianne Bates, Russell Galbut, Natalie Brabner, Craig Studnicky and Masoud Shojaee (Lazenby by Sonya Revell; Getty, iStock)
South Florida’s juiciest real estate lawsuits of 2020
South Florida’s juiciest real estate lawsuits of 2020
Dina Goldentayer, Ryan Cohen and the Bal Bay Drive home (Credit: Kris Tamburello/Douglas Elliman)
Lawsuit alleges Harding Realty cut out of $24M Bal Harbour sale, reveals Chewy founder as alleged buyer
Lawsuit alleges Harding Realty cut out of $24M Bal Harbour sale, reveals Chewy founder as alleged buyer
Lourdes Alatriste
Lourdes Alatriste leaves Engel & Völkers to join Douglas Elliman
Lourdes Alatriste leaves Engel & Völkers to join Douglas Elliman
Eighty Seven Park (iStock)
Eighty Seven Park’s priciest penthouse sells for $37M
Eighty Seven Park’s priciest penthouse sells for $37M
Residential sales surged in South Florida in the third quarter (Credit: iStock)
Single-family saves the day. Q3 resi sales up in South Florida
Single-family saves the day. Q3 resi sales up in South Florida
arrow_forward_ios

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

Loading...