The merger brings on Katy Thielke Straser’s seven-person staff and permits Jones Fridman Worldwide to develop its market space into Northern California. The staff now represents about $25 billion in profession gross sales.
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Compass’ Jones Fridman Worldwide, the just lately established staff led by high luxurious brokers Sally Forster Jones and Tomer Fridman, has expanded its footprint into Silicon Valley with its merger with the Straser Silicon Valley staff at Compass, The Actual Deal reported on Thursday.
The merger brings on Katy Thielke Straser’s seven-person staff and permits Jones Fridman Worldwide to develop its market space into Northern California. The mixed staff now represents about $25 billion in profession gross sales throughout 45 brokers.
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“The properties we sell that are $10 million, $20 million, $100 million, a lot of these people are from up north,” Tomer Fridman advised The Actual Deal. “When we set out to look for a partner, Katy came up constantly in terms of her level of service and her team’s caliber performing in the luxury market. It was a no-brainer that this was going to be our partner up north.”
Jones Fridman Worldwide can be led by Isidora Fridman, who co-founded The Fridman Group along with her son, Tomer, and who can be a founding companion of Israel Sotheby’s Worldwide Realty.
Thielke Straser launched Straser Silicon Valley with operations govt Virginia Nicoletti at Compass in 2020. Since that point, the staff has closed $440 million in transactions.
The mixed groups will specialise in Menlo Park (out of which Straser’s staff will likely be based mostly), Palo Alto and Atherton. The high-end neighborhoods usually entice tech executives and worldwide patrons, in line with Straser. Actually, billionaire software program engineer Marc Andreessen just lately listed his Atherton mansion for about $33.5 million.
The enlargement and merger is step one within the staff’s larger enlargement globally throughout high luxurious actual property markets, which is able to finally embrace New York, Miami, Nashville, Montecito, Orange County and Aspen.
“The key for us is luxury,” Fridman advised The Actual Deal. “We’re not just looking to expand. We’re looking to expand in key luxury markets in the country.”
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