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Movers & Shakers: Chez Realty expands in South Florida, acquiring Elev8

Plus, ONE Sotheby’s lands Anantara Miami sales, Compass adds Jorge Salazar, American Landmark names CIO, and Bed Bath & Beyond acquires Fathom Holdings

Chez Realty co-founders Jose Medina and Dexter Brandao, ONE Sotheby’s International Realty CEO Daniel de la Vega, Compass luxury real estate adviser Jorge Salazar, American Landmark Apartments CIO Elizabeth Roy and Bed Bath & Beyond CEO Marcus Lemonis

In South Florida’s latest hiring news, The Elev8 Group has joined Miami-based brokerage Chez Realty, expanding the firm’s presence across the region. The group, led by Jennifer Miranda and Maribel Reyes, includes six agents who have generated more than $40 million in sales, according to a news release. 

They join Chez Realty’s team, led by Jose Medina and Dexter Brandao. 

Chez Realty has grown 43 percent year-over-year, according to the firm, continuing to recruit agents and teams to the brokerage. 

Miami-based developer One Thousand Group and Bangkok-based hospitality firm Minor Hotels tapped ONE Sotheby’s International Realty to lead sales for Miami’s Anantara Miami Resort & Residences. It is the first U.S. development under Minor Hotels’ Anantara Hotels & Resorts brand.

The planned 50-story tower at 3601 Biscayne Boulevard in Edgewater will include 100 private condo residences, 100 resort residences and 50 boutique hotel suites, according to a news release. Completion is slated for 2030. 

ONE Sotheby’s International Realty, led by Philip White Jr., has 30 offices along Florida’s east coast. The firm operates in 84 countries and territories and has a network of over 26,000 global advisers, according to its website. 

Elizabeth Roy has joined American Landmark Apartments as Chief Investment Officer. She will work out of the firm’s Palm Beach office, overseeing investment strategy, capital deployment, acquisitions, risk management and portfolio management functions, according to a news release. 

Roy is an industry veteran who brings more than 20 years of real estate experience and has closed more than $6 billion in transactions, the release said. Before joining American Landmark Apartments, she spent four years as part of a real estate management team at New York Life Investors. She previously had a career in banking and securities, according to LinkedIn. 

American Landmark Apartments owns and operates more than 36,000 units across the Sunbelt with more than $6 billion in assets under management, according to its website. The company is ranked 27th on the National Multifamily Housing Council’s largest apartment owners. 

Veteran luxury real estate adviser Jorge Salazar has left Douglas Elliman to join Compass’ South Miami office after a record-breaking $60 million year. 

The Miami-native, known in local circles as “Coral Gables’ Papi,” has closed over $250 million real estate transactions in his career, according to a news release. 

Salazar specializes in Coral Gables, Coconut Grove, Pinecrest, South Miami and surrounding South Florida markets. He previously served as Douglas Elliman’s director of luxury sales for six years, according to LinkedIn. 

Bed Bath & Beyond agreed to acquire real estate services firm Fathom Holdings as it expands its Everything Home ecosystem. The acquisition adds North Carolina-based Fathom Holdings’ brokerage, mortgage, title, insurance and homeowner financial services capabilities, according to a news release. 

Fathom Holdings, which includes brands like Fathom Realty, Encompass Lending, intelliAgent, Real Results and Verus Title, will gain access to millions of Bed Bath & Beyond customers, the release said. The retailer is acquiring Fathom by exchanging its stock instead of cash, and the deal values Fathom at about $53.4 million. The transaction is expected to close later this year, according to the release. 

Fathom also announced Adam Rothstein has been appointed as interim CEO and Daniel Weinmann has been appointed CFO. Both Rothstein and Weinmann had been holding positions at Fathom Holdings at the time of their appointments. 

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