One Sotheby’s acquires Decorus Realty in Sunny Isles Beach

It marks the fourth acquisition for Miami-based One Sotheby’s since February

Miami /
Aug.August 27, 2020 03:30 PM
From left: David Koster, Gabriel Markovich, Seth Kaufman and Daniel de la Vega

From left: David Koster, Gabriel Markovich, Seth Kaufman and Daniel de la Vega

One Sotheby’s International Realty expanded again with the acquisition of Decorus Realty in Sunny Isles Beach.

Decorus Realty has more than 140 agents, making it Miami-based One Sotheby’s largest acquisition in two years, according to a press release.

Decorus, led by David Koster and Gabriel Markovich, was founded in 2011 and has been involved in residential, commercial and new development deals totaling more than $1.5 billion. It is bringing to One Sotheby’s $154 million worth of listings, including handling sales of Vida at The Point, a luxury condo project in Aventura, the release said.

Koster and Markovich will stay on as broker associates, according to a spokesperson.

In statements, Markovich said that the firm had been approached by other brokerages, and Koster said that the two companies were in talks before the coronavirus pandemic. He said that the way One Sotheby’s reacted to Covid “solidified that this was the right strategic move for our business and our agents.”

The agents can operate out of One Sotheby’s Sunny Isles Beach office at 18288 Collins Avenue, or one of the company’s other 19 offices.

The acquisition marks the fourth for Miami-based One Sotheby’s in the last six months. Earlier this month, One Sotheby’s closed on the acquisition of Worldwide Properties, a South Beach brokerage with 30 agents. In May, Sea Turtle Real Estate in Vero Beach joined the firm. And in February, One Sotheby’s acquired Duek Realty, a brokerage that was based in an office near North Miami.

Write to Katherine Kallergis at [email protected]


Related Articles

arrow_forward_ios
Château Beach Residences at 17475 Collins Avenue (ORENA)
Medical mogul pays $13M for Château Beach condo in Sunny Isles
Medical mogul pays $13M for Château Beach condo in Sunny Isles
Illustrated Properties taps longtime head of Alabama brokerage as president
Illustrated Properties taps longtime head of Alabama brokerage as president
Illustrated Properties taps longtime head of Alabama brokerage as president
Eduardo Cofresi, Edgardo Defortuna and Luciene Cofresi
Cofresi Group joins Fortune International from Dezer Development
Cofresi Group joins Fortune International from Dezer Development
Gil Dezer with renderings of Bentley Residences (Dezer by Sonya Revell)
Dezer to launch sales of Bentley Residences tower in Sunny Isles Beach
Dezer to launch sales of Bentley Residences tower in Sunny Isles Beach
(Compass Real Estate, Zilbert, LoopNet, iStock)
Monad Terrace closing tops weekly condo sales in Miami-Dade
Monad Terrace closing tops weekly condo sales in Miami-Dade
Palazzo Del Mare, 7192 Fisher Island Drive
Here are Miami-Dade’s top condo sales in December
Here are Miami-Dade’s top condo sales in December
Jamestown sells Sunny Isles Beach apartment complex for $111M
Jamestown sells Sunny Isles Beach apartment complex for $111M
Jamestown sells Sunny Isles Beach apartment complex for $111M
Race car driver zips away from Sunny Isles Beach condo for $5M
Race car driver zips away from Sunny Isles Beach condo for $5M
Race car driver zips away from Sunny Isles Beach condo for $5M
arrow_forward_ios

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

Loading...