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Design

China, Real Estate

Sotheby’s International Realty Affiliates LLC today announced that Tera Realty Limited in Shanghai, China is the newest member of its global network and will now operate as Tera Sotheby’s International Realty.

Owned and operated by Ted Fang, the firm was established in 2016 and serves the residential real estate market in Greater Shanghai.

“As one of the key cities in mainland China, the expansion into Shanghai allows the Sotheby’s International Realty® brand to have a strategic presence in the market,” said Philip White, president and chief executive officer of Sotheby’s International Realty Affiliates LLC.  “The Chinese buyer is a global consumer and with Shanghai being the second-most populated city in the world, we are strengthening the brand’s foothold in Greater Asia.  We proudly welcome Tera Sotheby’s International Realty to our global network.”

“The real estate market in Shanghai offers some of the most expensive and highest-quality homes in China,” said Fang.  “Our team of experienced real estate professionals have a wide network across China and we are focused on providing exceptional service to our clients. Affiliating with the Sotheby’s International Realty brand allows us to expand the reach of our network around the world while being part of a largely-trusted global brand.”

Tera Sotheby’s International Realty is the fourth Sotheby’s International Realty-branded company in China; also operating in the country are Beijing Sotheby’s International RealtyHainan Sotheby’s International Realty, and Tianjin Sotheby’s International Realty.  With this addition, the brand now has 50 offices in the greater Asia Pacific region.

Real Estate

Sotheby’s International Realty Brand Expands Presence in Massachusetts

Sotheby’s International Realty Affiliates LLC today announced that its independently owned and operated affiliate Barrett Sotheby’s International Realty in Massachusetts has acquired local firm Acton Real Estate, which will now operate as Barrett Sotheby’s International Realty.

The merger expands the firm’s presence in the greater Acton-Boxborough area. Laurie E. Cadigan, owner and CEO of Barrett Sotheby’s International Realty, will remain at the helm of the operation.  Barrett Sotheby’s International Realty now has six offices and 145 independent sales associates across Middlesex County.

“Acton is a historic town in a desirable location with easy access to the nearby cities of Boston and Concord,” said Philip White, president and chief executive officer, Sotheby’s International Realty Affiliates LLC.  “We are proud to support the continued growth of Barrett Sotheby’s International Realty.”

“Acton Real Estate is a well-respected company that has been serving its community for over 60 years,” said Cadigan.  “This acquisition strengthens Barrett Sotheby’s International Realty’s position in Middlesex County and allows us to better serve our clients in the Acton-Boxborough area.”

With this addition, the Sotheby’s International Realty network now has 45 branded offices throughout the state of Massachusetts.

Architecture, Business, Real Estate

Notable Listing: Last George Christensen Design for Sale

Russ Lyon Sotheby’s International Realty is proud to list yet another one-of-a-kind home on the market; the last iconic architectural design by George Christensen for $3.65 Million.

 

Listed by agents Jan Kabbani and Cliff Davis of the Russ Lyon Sotheby’s International Realty Camelback Tower office, this 6,578-square-foot, 5 bed and 6.5 bath masterpiece, is located at 7307 N. Black Rock Trail in Paradise Valley.

The award winning home by renowned architect, George Christensen, is designed with the highest quality materials of stone, wood, marble and steel creating an organically sustainable experience. This architecturally significant, texture rich soft contemporary home has dramatic mountain views and a masterful use of natural light with amazing views from nearly every window in guard-gated Clearwater Hills.

Christensen has had many of his designs appear in publications including Architectural Digest, Sunset Magazine, and Phoenix Home and Garden. Christensen moved to Phoenix in 1957 and founded George Christensen and Associates. His firm designed hundreds of residences and more than 40 churches. The design of this estate was in Christensen’s archives and had to be released to be built. This Clearwater Hills home is the last design by Christensen to be constructed before passing away.

Scottsdale Architect, Mark Candelaria, AIA, was mentored by Christensen for over 18 years. Candelaria is the founder of Candelaria Design which he started in 1999 after an 18 year career as one of the founding partners of CCBG Architects in Phoenix.

“George listened to his clients and always did his best to give them their house, and that was the best lesson I ever received,” said Candelaria. “He designed quickly and went with his instincts and didn’t over think things. He trusted his intuition and combined that with the spirit of his client to create his designs.” 

Noteworthy features include a sumptuous master suite and bath with dual vanities, a detached guest house, high ceilings, telescopic doors that blend indoor and outdoor spaces seamlessly, a sparkling zero edge infinity pool, exercise room, fire pit, grass lawn, an outstanding barbeque area, and a 3-car garage just to name a few.

Additionally, a true chef ’s kitchen with Wolf appliances, double ovens, Sub-Zero and wine storage open to an expansive family and game room with the very latest high-tech electronics, low voltage lighting and much more. The spacious home also showcases formal living and dining areas with two separate offices, one of them overlooking the pool with elevated views to city lights.

“The seller is a sailor and so was the late Mr. Christensen, it’s interesting they both shared this passion,” said listing agent Jan Kabbani. “I think this is expressed in the design of the masterful use of natural light and windows strategically placed throughout the home for nearly every window having a view.”

Architecture, Real Estate, Residential, Residential Architecture, Residential Real Estate

Notable Listing: The Little Daisy

Russ Lyon|Sotheby’s International Realty is proud to present one of its most exclusive and unique listings to date, an Arizona landmark building, The Little Daisy. The magnificent story of The Little Daisy in Jerome, Arizona presents an epic reboot from the original 1919 vintage hotel designed by architects, Royal Lescher and Leslie J. Mahoney.

The Little Daisy has an extensive history. Built as a hotel with the greater clientele being of the mining occupation, it was sold by the mining company as a residential property to scientist, William Earl Bell. Bell is known for his work leading to the creation of the world’s first atomic clock. The estate was passed down by the Bell family and was eventually placed on the market.

The concrete shell was bought in 1995 by Walter and Lisa Acker for $190,000. Now the renovated home is being sold by Lisa Acker, who is represented by Russ Lyon Sotheby’s International Realty listing agent extraordinaire, Donna Chesler, for $6.2 million.

“When Walter and Lisa Acker purchased this historic property, it was a mere shell of a building. Nothing remained. No windows, doors, fixtures, even the roof was removed on the third floor, leaving the building exposed to the elements. Today, it is a true historic masterpiece,” said Chesler.

The renovations were carried out by both Lisa Acker and her husband, Walter Acker. The husband and wife team impressively envisioned and completed this enormous project almost totally on their own. The fabulous metamorphosis of the Ackers’ estate was perfected and finalized in 2005.

The grand-scale of The Little Daisy, located in the art and history destination of mile high Jerome, is jaw-dropping with newly-designed and reconstructed interiors. Its numbers and features are beyond impressive:

  • 3.45-acre property
  • 12,000 square-feet of indoor space
  • 2,900 square-feet of covered porches
  • A 2,600-square-foot garage
  • 9,000-square-foot rooftop garden
  • Ample wine cellar
  • Originally a 40-room hotel, now 33 rooms with much space given to a huge dining room and a very large living room on the main level
  • A reception desk repurposed into a bar
  • A working telephone booth and coat room with double Dutch doors, and Theater/Game room
  • 8 bedrooms and 7 baths

Thanks to Walter and Lisa Acker, The Little Daisy is now a private residence with modern amenities steeped in old world charm. Walter was not only a master woodworker but excelled at every aspect of the renovation and his skills and spirit will live on in his work. The property includes reproductions of the wood cabinetry throughout the home, master closets, a hand crafted 14-foot dining table, and hand-cut custom marble counter tops.

Although The Little Daisy underwent many alterations to transition the hotel into a divine home, the Ackers made the executive decision to keep all of the authentic touches. They studied blueprints and photos to recreate the grandeur of a bygone era. The Little Daisy still retains the original walls, chimneys, fireplaces, and classic exterior tile.

The stunning views of the entire Verde Valley, Jerome, Sedona Red Rocks and Cleopatra Hill are the perfect backdrop for this Arizona landmark property which has been restored to its beautiful former glory.

 

The Ackers have given The Little Daisy an amazing third chapter to its storied life as this grand home celebrates its 100th year on New Year’s Eve 2019.

Additional Articles: Bloomberg, BNN Bloomberg, Private Wealth Magazine, ABC 15 Arizona

 

Real Estate, Residential Architecture, Residential Real Estate

Sotheby’s International Realty Expands Presence in Alabama

Sotheby’s International Realty Affiliates LLC today announced that Amanda Howard Real Estate™ in Huntsville, Alabama is the newest member of its global network and
will now operate as Amanda Howard Sotheby’s International Realty.

Owned and operated by Amanda Howard, the firm was established in 2009 and serves the residential real estate markets in North Alabama, including Greater Huntsville/Madison County and Lake Guntersville.

“Huntsville has been the fastest-growing metro area in Alabama in recent years,” said Philip White, president and chief executive office Sotheby’s International Realty Affiliates LLC. “With a growing and diverse downtown and a more relaxed way of life outside the city, there is truly a lifestyle for everyone. We are pleased to welcome Amanda Howard and her team to the Sotheby’s International Realty® brand.”

“As a boutique firm, our commitment to serving the needs of our clients and caring for our community is what motivates us to work our hardest every day,” said Howard. “The Sotheby’s International Realty brand complements the lifestyle of the residents in the communities we serve and the greatest value from this affiliation is the global reach we will be able to provide our clients and their properties.”

The brokerage is also deeply invested in giving back to its community through the support of more than a dozen local charities and initiatives.

Amanda Howard Sotheby’s International Realty is the second Sotheby’s International Realty affiliate in Alabama; also operating in the state is Kaiser Sotheby’s International Realty on Alabama’s Gulf Coast.

Business, Real Estate

Sotheby’s International Realty Brand Expands Presence in Mexico

Sotheby’s International Realty Affiliates LLC today announced its expanding presence in Mexico with the formation of Mexico Sotheby’s International Realty.

Mexico Sotheby’s International Realty is located in the country’s capital of Mexico City and will serve the luxury residential real estate markets in the greater metropolis as well as the surrounding areas including the Metropolitan area of Puebla; Valle de Bravo and Malinalco in Estado de Mexico; and Cuernavaca and Tepoztlán in Morelos. The firm is owned and operated by Carlos Gonzalez.

“The luxury residential real estate market in Mexico City is experiencing tremendous growth,” said Philip White, president and chief executive officer of Sotheby’s International Realty Affiliates LLC. “The area has attracted many new developments, mainly luxury high-rise projects with top-of-the-line amenities, and has also seen an increase in overall inventory. We are proud to welcome Mexico Sotheby’s International Realty to our global network.”

“There are so many extraordinary communities and exciting areas in the Greater Mexico City area; it is our goal to be the ultimate guide for our clients, leading them to the Mexico City home of their dreams,” said Gonzalez. “Affiliating with the Sotheby’s International Realty® brand allows us to connect to the brand’s prestigious real estate companies around the world and reach an international clientele.”

With this addition, the Sotheby’s International Realty network now has nine independently owned and operated offices throughout Mexico; also operating in the country are Agave Sotheby’s International Realty, Guadalajara Sotheby’s International Realty, Los Cabos Sotheby’s International Realty, Monterrey Sotheby’s International Realty, Queretaro Sotheby’s International Realty, and Riviera Maya Sotheby’s International Realty.

Real Estate

Sotheby’s International Realty Brand Enters Sri Lanka

Sotheby’s International Realty Affiliates LLC today announced it has signed a 25-year franchise agreement with Realpro Realty Solutions Private Limited to further expand the Sotheby’s International Realty® brand in South Asia with the formation of Sri Lanka Sotheby’s International Realty.

Sri Lanka Sotheby’s International Realty will be led by CEO Amit Goyal and President Ashwin Chadha, who also stand at the helm of India Sotheby’s International Realty. The firm will serve the luxury residential real estate market throughout Sri Lanka with a flagship office in Columbo that is set to open in June of this year. Charles Phillpot, a seasoned real estate professional from the United Kingdom, will serve as the office’s resident director.

“Sri Lanka is an attractive global market for the Sotheby’s International Realty brand,” said Philip White, president and chief executive officer of Sotheby’s International Realty Affiliates LLC. “Over the past three years, Amit Goyal and Ashwin Chadha have demonstrated strong leadership in India and are a prime example of how to successfully leverage the brand’s global network. We are proud to support this expansion into Sri Lanka.”

“The luxury real estate sector in Sri Lanka has a promising future,” said Goyal. “Sri Lanka’s luxury real estate market is expanding rapidly with condominium developments in Colombo, branded resorts and villas along the magnificent coastline, and private estates in the famous tea country, creating a strong luxury footprint in the region.”

“We strive to provide the very best service to our clients,” said Chadha. “This is underlined by the significant attention and services we provide to our clients both locally and regionally. The Sotheby’s International Realty brand’s reputation positions us well in India and now in Sri Lanka.”

Real Estate

Sotheby’s International Realty Brand Expands Presence in Middle Tennessee

Sotheby’s International Realty Brand Expands Presence in Middle Tennessee

Sotheby’s International Realty Affiliates LLC today announced that Zeitlin & Co., Realtors in Tennessee is the newest member of its global network and will now operate as Zeitlin Sotheby’s International Realty.

Established in 1979, Zeitlin Sotheby’s International Realty is owned by Shirley Zeitlin, founder and chairman, Patricia Carter, president, Jessica Averbuch, CEO, and Sam Averbuch, COO. The firm serves the luxury residential real estate markets covering the greater Middle Tennessee region including Davidson County, home to the key city of Nashville, and all of Williamson County.

“Nashville and the greater Middle Tennessee area has transformed to a global epicenter with its own unique culture that has attracted an international audience,” said Philip White, president and chief executive officer of Sotheby’s International Realty Affiliates LLC. “The Zeitlin company is a luxury leader in the Middle Tennessee community having served there for nearly 40 years and we are proud to welcome Zeitlin Sotheby’s International Realty to our global network.”

“Partnering with the Sotheby’s International Realty® brand is an outstanding opportunity that allows our local company to join forces with a global entity,” said J. Averbuch. “This affiliation will provide new and innovative avenues for us to better serve our clients across the board. As Zeitlin Sotheby’s International Realty, our clients will have access to a myriad of resources, which will enhance our ability to serve them in a holistic manner.”

In addition to being a full-service residential real estate brokerage, the firm of 130 agents is also deeply committed to giving back through its charitable fund, which partners with three local non-profits: Second Harvest Food Bank of Middle Tennessee, Bridges Domestic Violence Center, and Our Kids Center.

Zeitlin Sotheby’s International Realty is located at 4301 Hillsboro Pike, Suite 100 in Nashville and 580 Franklin Road, Suite 300 in Franklin. Alliance Sotheby’s International Realty also operates in the state of Tennessee, serving the greater Knoxville area.

Architecture, Real Estate, Residential

Significant Sales ~ February 2018

From a record breaking Scottsdale estate to a Southwestern retreat in Tucson, this issue of Significant Sales features extraordinary homes throughout the great state of Arizona.

Our top February sale by Frank Aazami of the Russ Lyon Camelback Tower office is the priciest residential sale through the Arizona Multiple Listing Service (ARMLS). The home was Designed with a rich palette of the finest finishes and unparalleled craftsmanship with the intention to impress, the home offers 6 bedrooms, 3 bonus rooms, 14 baths and 8 garages.

“This was an extraordinary sale not only for Russ Lyon Sotheby’s International Realty but also for Arizona’s residential real estate market,” said Chairman Jim Lyon.  “This really speaks to the growth we are seeing right now, particularly in the luxury real estate sector.  Homes that have traditionally been on the market for some time in these top tier price points are now beginning to sell and at fantastic prices.”

For additional sales of note, see below.