Latest news with #Christie'sInternationalRealEstate


Chicago Tribune
27-05-2025
- Business
- Chicago Tribune
Frankfort 4-bedroom house with 10 heated garage spaces: $4M
Address: 320 N. 95th Ave., Frankfort Listed: April 23, 2025 Price: $3,995,000 Listing agent: Jessica Jakubowski, @properties Christie's International Real Estate, 708-971-0060 This four-bedroom home with five bathrooms and two half-baths comes with 10 heated garage spaces: a four-car attached garage with 13-foot ceilings and a six-car detached garage with a bathroom. Outdoors, the house has an in-ground pool, a covered patio with built-in heaters, a misting system, a full kitchen and a fire-pit lounge. The ramada has a fireplace, outdoor TVs and a surround sound system. Inside, the house has white oak hardwood floors, custom millwork, a study and a formal dining room. The kitchen has double islands, Thermador appliances, a walk-in pantry, a butler's pantry and a full-size wine refrigerator. The adjacent family room leads to a four-season room with two NanaWall glass wall systems, a fireplace, a beverage refrigerator and custom built-ins. The main-level guest suite has an en-suite bath. The primary suite has a terrace, a digital steam shower and a walk-in closet. Upstairs, there are two more en-suite bedrooms, a fifth bedroom or workout studio with a built-in sauna and a second laundry room. The house also has a mudroom with built-in lockers. Some listing photos are 'virtually staged,' meaning they have been digitally altered to represent different furnishing or decorating options. To feature your luxury listing of $1,000,000 or more in Chicago Tribune's Dream Homes, send listing information and high-res photos to ctc-realestate@
Yahoo
25-05-2025
- Business
- Yahoo
Dubai remains top market for homes transacted for over US$10 mil: Knight Frank
View from a villa at Palm Jumeirah, Dubai (Picture: Knight Frank) Following robust activity in 2024, the Dubai real estate market is expected to continue attracting demand from among the wealthy. According to a research report by property consultancy Knight Frank, high-net-worth individuals (HWNIs) surveyed around the world have indicated interest in purchasing a property in Dubai, with an estimated US$10.3 billion ($13 billion) in private capital potentially being channelled towards the emirate's residential market. The steady demand has bolstered activity in Dubai's residential market, which logged record residential sales of nearly 170,000 homes last year worth a total of US$100 billion, says Knight Frank. That momentum has carried over into this year, with AED100 billion ($35 billion) in home sales already achieved as of March 4. Dubai property prices have also continued to rise, surging 19.1% in 2024 to hit an average of AED1,685 psf. At the same time, Dubai remains the world's busiest market for sales of homes priced over US$10 million, the report states. Last year, a total of 435 transactions in this bracket were recorded in Dubai, almost equalling the number of such deals logged in London and New York combined. Between January and March this year, 111 homes were sold for over US$10 million in Dubai. Read also: Christie's International Real Estate returns to Singapore'The super-rich remain laser-focused on purchasing luxury homes in the city, and this unrelenting demand has been a critical driver of Dubai being the world's busiest US$10 million+ homes market for the second year running,' says Shehzad Jamal, partner for strategy and consultancy at Knight Frank MENA (Middle East and North Africa). In its latest Destination Dubai report, Knight Frank surveyed 387 global HNWI across the UK, India, Saudi Arabia and East Asia (China, Hong Kong and Singapore) to gauge their appetite for investing in United Arab Emirates real estate. Over half of the respondents (52%) indicated they are interested in buying property in the UAE. "As we have found in our research in previous years and mirroring the experience of our teams, the strongest appetite for a real estate purchase in the UAE comes from those with the greatest wealth and is a testament to the success of the government's programmes to strengthen the emirate's appeal as a place for the world's wealthy to live and invest,' says Faisal Durrani, partner and head of research for Knight Frank MENA. Saudi Arabia and India HNWIs registered the strongest interest, with 66% and 41% of respondents indicating an intent to purchase a UAE property in 2025. For the UK and East Asia HNWIs surveyed, 17% of each cohort indicated a potential UAE property purchase this year. Knight Frank adds that among the East Asia HNWIs, those in Hong Kong displayed the strongest appetite, with 22% of respondents signalling the intent to buy UAE property in 2025. According to the survey, residential properties remain the biggest draw for global HNWI as compared to the commercial and retail segments. Additionally, Dubai remains the top target destination, with 71% of respondents naming Dubai as their preferred emirate. Read also: Dubai's real estate market on a hot streak See Also: Singapore Property for Sale & Rent, Latest Property News, Advanced Analytics Tools New Launch Condo & Landed Property in Singapore (COMPLETE list & updates) Christie's International Real Estate returns to Singapore Dubai's real estate market on a hot streak Navigating the real estate market: From Singapore to Bali, Dubai, Japan and the UK En Bloc Calculator, Find Out If Your Condo Will Be The Next en-bloc HDB Resale Flats Up For Sale, Affordable Units Available


Business Upturn
20-05-2025
- Business
- Business Upturn
Gavin Swartzman To Join Christie's International Real Estate as President
Chicago, May 20, 2025 (GLOBE NEWSWIRE) — Gavin Swartzman, who recently oversaw one of the largest residential brokerage firms in North America and has been lauded as one of the real estate industry's most influential leaders, will be joining Christie's International Real Estate next month as President. Co-CEOs Thad Wong and Mike Golden made the announcement at Christie's International Real Estate's annual conference in New York City, May 5-8. Swartzman will oversee global expansion and strategy for the luxury real estate network, which currently has more than 100 member-firms in over 50 countries and territories. Christie's International Real Estate has been on a steady growth trajectory, adding nearly four dozen new affiliates around the world since Golden and Wong acquired the network from Christie's at the end of 2021. In early 2025, Christie's International Real Estate came under the ownership of Compass (NYSE: COMP), a move expected to further accelerate growth. For the past 11 years, Swartzman was CEO of Peerage Realty Partners, a Toronto-based holding company that owns and operates brokerage firms in the US and Canada. Its companies include franchise affiliates of Christie's International Real Estate, Sotheby's International Realty and other brands. According to the latest T360 Mega 1000 report, Peerage was the 10th largest real estate company in America in 2024. Swartzman is also recognized as one of the industry's 50 most influential leaders in the 2025 Swanepoel Power 200 (SP200) report. 'My initial exposure to the distinctive enterprise of luxury real estate was through my work with long-time Christie's International Real Estate Affiliate Chestnut Park. This formative experience, early in my industry career, established my passion for this specialized segment of the business and the people who support it. Christie's International Real Estate has the opportunity to be the preeminent luxury real estate brand in the world, and I'm very much looking forward to collaborating with our affiliates, agents, and management team to realize that vision,' Swartzman said. 'Gavin brings a resume and skillset to Christie's International Real Estate that is one of one. I can't name another leader in this industry who has overseen multiple brokerage firms; has walked in the shoes of our affiliates; has experience with some of the most respected brands in luxury real estate; has an extensive background in M&A and has managed in both public and private companies. Gavin has done it all with a track record for growth and success that is unmatched. It's a dream scenario for the network,' said Wong. 'As impressive as Gavin's background is, what stands out even more is how the people who have worked with him talk about his character and his human qualities as a leader. From our first conversations with Gavin, Thad and I knew he was a perfect fit for our culture and our top choice to help take Christie's International Real Estate where we want to go,' added Golden. Prior to his tenure at Peerage, Swartzman worked in senior leadership roles in finance, franchise development, mergers and acquisitions, asset management, and management consulting, across a variety of industries. Swartzman earned a master's degree in finance and accounting from the University of Waterloo in Ontario, Canada. ### About Christie's International Real Estate Christie's International Real Estate has successfully marketed high-value real estate around the world for more than 30 years. Through its invitation-only Affiliate network spanning nearly 50 countries and territories, Christie's International Real Estate offers incomparable services to a global clientele at the luxury end of the residential property market. Christie's International Real Estate operates as a distinct luxury brand under the ownership of Compass (NYSE: COMP), the largest residential real estate brokerage in the United States by sales volume. Attachment Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
Yahoo
20-05-2025
- Business
- Yahoo
Gavin Swartzman To Join Christie's International Real Estate as President
Swartzman was CEO of one of the largest real estate brokerage firms in North America and has partnered with prestigious real estate brands, including Christie's International Real Estate Gavin Swartzman Chicago, May 20, 2025 (GLOBE NEWSWIRE) -- Gavin Swartzman, who recently oversaw one of the largest residential brokerage firms in North America and has been lauded as one of the real estate industry's most influential leaders, will be joining Christie's International Real Estate next month as President. Co-CEOs Thad Wong and Mike Golden made the announcement at Christie's International Real Estate's annual conference in New York City, May 5-8. Swartzman will oversee global expansion and strategy for the luxury real estate network, which currently has more than 100 member-firms in over 50 countries and territories. Christie's International Real Estate has been on a steady growth trajectory, adding nearly four dozen new affiliates around the world since Golden and Wong acquired the network from Christie's at the end of 2021. In early 2025, Christie's International Real Estate came under the ownership of Compass (NYSE: COMP), a move expected to further accelerate growth. For the past 11 years, Swartzman was CEO of Peerage Realty Partners, a Toronto-based holding company that owns and operates brokerage firms in the US and Canada. Its companies include franchise affiliates of Christie's International Real Estate, Sotheby's International Realty and other brands. According to the latest T360 Mega 1000 report, Peerage was the 10th largest real estate company in America in 2024. Swartzman is also recognized as one of the industry's 50 most influential leaders in the 2025 Swanepoel Power 200 (SP200) report. 'My initial exposure to the distinctive enterprise of luxury real estate was through my work with long-time Christie's International Real Estate Affiliate Chestnut Park. This formative experience, early in my industry career, established my passion for this specialized segment of the business and the people who support it. Christie's International Real Estate has the opportunity to be the preeminent luxury real estate brand in the world, and I'm very much looking forward to collaborating with our affiliates, agents, and management team to realize that vision,' Swartzman said. 'Gavin brings a resume and skillset to Christie's International Real Estate that is one of one. I can't name another leader in this industry who has overseen multiple brokerage firms; has walked in the shoes of our affiliates; has experience with some of the most respected brands in luxury real estate; has an extensive background in M&A and has managed in both public and private companies. Gavin has done it all with a track record for growth and success that is unmatched. It's a dream scenario for the network,' said Wong. 'As impressive as Gavin's background is, what stands out even more is how the people who have worked with him talk about his character and his human qualities as a leader. From our first conversations with Gavin, Thad and I knew he was a perfect fit for our culture and our top choice to help take Christie's International Real Estate where we want to go,' added Golden. Prior to his tenure at Peerage, Swartzman worked in senior leadership roles in finance, franchise development, mergers and acquisitions, asset management, and management consulting, across a variety of industries. Swartzman earned a master's degree in finance and accounting from the University of Waterloo in Ontario, Canada. ### About Christie's International Real Estate Christie's International Real Estate has successfully marketed high-value real estate around the world for more than 30 years. Through its invitation-only Affiliate network spanning nearly 50 countries and territories, Christie's International Real Estate offers incomparable services to a global clientele at the luxury end of the residential property market. Christie's International Real Estate operates as a distinct luxury brand under the ownership of Compass (NYSE: COMP), the largest residential real estate brokerage in the United States by sales volume. Attachment Gavin Swartzman CONTACT: Bella Paredes Christie's International Real Estate 2197657682 bellaparedes@


Zawya
20-05-2025
- Business
- Zawya
Ardee set for sales launch of 523-unit Fairmont Residences project in RAK
UAE-based Ardee Developments has announced the launch of sales of its key project Fairmont Residences Al Marjan Island, its highly anticipated branded residential offering in partnership with Fairmont Hotels & Resorts, from June 1. The expressions of interests for the project kicked off last week, marking a major milestone in the evolution of Ardee Al Marjan Island, the company's flagship, multi-billion-dirham development set to redefine coastal living in Ras Al Khaimah. Fairmont Residences Al Marjan Island will comprise 523 upscale residences - including apartments, townhouses, and sea villas - ranging from one- to six-bedrooms and spanning 86 sq m to over 300 sq m. The Emirati group said each and every home is thoughtfully designed to embody refined beachfront living, with ninterrupted sea views and elegant interiors that reflect timeless sophistication. Bringing together the prestige of the Fairmont brand with the ease of resort-style living, residents will enjoy exclusive access to a private beach, the Fairmont Fit Fitness Centre, and Studio, family & kids pool, adults sky pool & terrace & bar, dedicated boardroom and private dining room. They will also get access to resident's owners lounge along with other wellness facilities including treatment rooms, screening room, games room, kids club and seamless connectivity to the adjacent Fairmont resort, stated the developer. In addition, residents will enjoy exclusive access to the Accor Owner Benefits Program. This includes Diamond status in the Accor Live Limitless (ALL) programme, the ability to gift Gold status to family and friends, and VIP privileges at over 5,700 hotels and resorts around the world. Further enriching the offering is a tailored suite of à la carte services. From in-home catering and private chef experiences to childcare, dog walking, housekeeping, personal concierge support, and a home maintenance program while residents are away, every element is designed to simplify and enhance everyday living, it added. Ardee Developments CEO Vishal Mehta said: "As we prepare to open sales of Fairmont Residences Al Marjan Island this June, we are proud to invite buyers into a community that reflects excellence at every level. In partnership with Al Marjan Island, Fairmont Hotels, and Christie's International Real Estate, we are shaping a new era of luxury coastal living in Ras Al Khaimah - one defined by world-class design, hospitality, and lifestyle, brought together in a truly integrated destination." To support global sales efforts, Ardee Developments has appointed Christie's International Real Estate Ras Al Khaimah as the exclusive master agency. Christie's will lead GCC and international outreach and client servicing, ensuring a seamless buyer journey. "This is a vibrant and integrated coastal lifestyle community that combines natural beauty, unparalleled hospitality and leisure not seen in the area before," remarked Jackie Johns and Dinesh Chhatwani, Managing Partners at Christie's International Real Estate Ras Al Khaimah. "Ras Al Khaimah's momentum as a global hospitality and investment hub, and its rapidly growing real estate market, makes it the ideal launchpad for Ardee Developments to execute its grand vision," they stated. With prices starting from AED2.49 million, Fairmont Residences Al Marjan Island offers an exclusive opportunity for discerning buyers seeking long-term value, effortless luxury, and a lifestyle defined by exceptional quality in one of the region's most iconic coastal destinations. Key components of the masterplan include branded and serviced residences, private villas, townhouses, a flagship luxury hotel, and a vibrant retail and F&B promenade, said Mehta. The destination will also feature a variety of curated lifestyle offerings - from wellness hubs and gaming lounges to family entertainment zones and waterfront experiences - all designed to create a future-ready, immersive community, he added. Prioritizing walkability, nature access, and sea connectivity, the project will boast expansive green spaces, direct beach access, and panoramic views, setting a new standard for contemporary island living in Ras Al Khaimah. Beyond the residences, guests were given an exclusive look at the next phase of the Ardee Al Marjan Island masterplan. The development is progressing into a fully integrated coastal destination that blends residences, hospitality, leisure, retail, and entertainment on an unprecedented scale, said the developer. Upon completion, Ardee Al Marjan Island will be the largest and most ambitious development of its kind on Al Marjan Island spanning over 2.5 million sq ft area.- TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (