News

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Though we still have one month of winter remaining, our Hotlist is sizzling. Catch up on all our hottest listings and esteemed agents nabbing major headlines this month.   

Billy Rose The Agency’s co-founder and president spoke with The Wall Street Journal on the little-known bidding-war strategy, escalation clauses. While escalation clauses—clauses that allow for an increase in price under certain conditions—are popular in markets like San Francisco and Seattle, Billy weighed in on their popularity in the Los Angeles market. “They’re not really happening at the ultra-high end because the X amount—the increment—has got to be pretty significant. If you’re talking about a $15 million house, the X amount needs to be substantial enough to be

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Metropolis rang in The Year of The Dog with a Chinese Lunar New Year celebration from the sky-high amenities deck at the newly completed Tower I. With the Downtown Los Angeles skyline and hillsides beyond as a backdrop, the exclusive event gave guests an inside glimpse of the 41,000 square feet of indoor and outdoor amenities enjoyed by homeowners.

The event welcomed guests to Tower I’s Met Six residence clubhouse and the adjacent skypark terrace. Guests enjoyed catering from the neighboring, boutique Hotel Indigo at Metropolis while taking in a performance by We The Folk band. The festivities later moved outside where party goers watched lion dancers perform under the stars.

The largest mixed-use development in the Western United States,

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The Agency is thrilled to share the very first glimpse of One&Only Private Homes at Mandarina, among the first collection of One&Only branded villas to own in the world. Situated in a spectacular setting less than one hour north of Puerto Vallarta, Mexico, 55 ultra-private villas will neighbor the new One&Only Mandarina beach resort.

Recently unveiled by Bloomberg, the villas will be nestled along a lush, tropical hillside above a one-mile stretch of sandy beach on the pristine shores of Riviera Nayarit. One&Only Private Homes is the first residential offering to debut within Mandarina, a master-planned resort and residential community featuring One&Only Mandarina, Rosewood Mandarina, and the world-class Mandarina Polo & Equestrian Club.

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Hot off the press—our first hotlist of the year. Sit back, relax and enjoy the full scoop of properties and personalities making headlines in January.

4130 CALLE ISABELLA, SAN CLEMENTE → Showcasing 13,000 square feet of opulent living space with ocean and sunset views from every major room, it’s no wonder this Mediterranean-style masterpiece in San Clemente’s prestigious Cotton Point Estates caught the eye of Modern Luxury Magazine. Represented by Santiago Arana and named “best manse on the market” in the magazine’s Best of OC feature, the home is set on three acres and boasts seven bedrooms, 10 bathrooms, a 55-foot seaside pool, event lawn, sport court and nine-car garage.

2184 MANDEVILLE CANYON ROAD, BRENTWOOD → Also listed by Santiago, this

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Mauricio Umansky, Co-Founder and CEO of The Agency, has been recognized among the most powerful and influential leaders in residential real estate by Swanepoel Power 200.

Launched in 2014, The SP200 is considered the definitive ranking of the most influential CEOs, thought leaders and senior executives in the world of residential real estate. The SP200 team spends more than 400 hours researching and analyzing 3,000 CEOs and executives, considering such factors as influence, decision-making power, growth and tenure, to determine its final 200. Ranking #118, Mauricio, alongside The Agency’s Co-Founder and President Billy Rose and its founding partners, is credited with growing The Agency team to more than 180 agents with 15 offices (and counting)

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From its rolling, green hillsides, scenic horseback riding trails and close-knit country charm to its blue-ribbon schools, expansive yards and enviable acreage counts, it’s no wonder angelenos and foreign buyers alike are setting their sights on Calabasas.

“Calabasas is attracting more and more families not only on the basis of value compared to the rest of L.A. but out of a specific demand for its gated communities, award-winning schools and incomparable quality of life,” says Emil Hartoonian, Managing Partner of The Agency's Calabasas office and one of the area’s top-producing agents. Emil recently represented the buyer of Prado De Los Suenos, Calabasas’ top sale of 2017. Featured in Los Angeles Times, the custom-built home, formerly owned by

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The Residences at The Sawyer is proving luxury, amenity-rich, condominium living is an enticing draw in the revitalized downtown center of Sacramento. All of the penthouse residences are now sold, bringing the project past the 70% sold mark, according to The Agency Development Group, which represents sales and marketing. The collection of 45 contemporary homes is nearing completion, perched atop The Sawyer, A Kimpton Hotel, now open at Downtown Commons. The residences offer a host of residential and hotel amenities, as well as exclusive access to the neighboring Golden 1 Center.

“As construction nears the final stretch, sales momentum has kicked into high gear, with each one of the six penthouses now under contract,” said The Agency’s Christopher

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This year’s annual report is sure to delight your inner globetrotter. Pack your bags, because we’re taking you on an around-the-world jaunt to 13 of our office locales with our first-ever Passport Edition.

In anticipation of the full report, this week we bring you to our first destination, not too far from our Beverly Hills headquarters: Venice. Take a look at the neighborhood’s market performance and get the inside scoop from resident expert Michael Grady on what makes the iconic seaside enclave one of the hottest real estate markets in L.A.

View the Venice spotlight here, and stay tuned for the full report coming next month.

 

 

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As another year draws to a close, it’s time to look ahead at what 2018 may hold in store. We checked in with our industry experts, from Sherman Oaks to Turks and Caicos, to get the scoop on their plans and predictions for the New Year.

Santiago Arana, Managing Partner

"My prediction is that the year ahead will be very much like 2017—demand will increase, prices and total sales will climb, and homes will spend less time on the market. As foreign buyers continue to set their sights on Los Angeles, the demand has never been greater for exceptional luxury properties across the Westside, and I look forward to helping meet this demand with increased marketing efforts and a top-notch team.”

Michael Grady, Managing Partner, Venice

“While I don’t

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Settle in, get cozy and warm up with our final hotlist of the year, a roundup of properties and personalities that made headlines in December.

Billy Rose → Self-driving cars won’t just change the automotive industry. They’ll change everything, including where people choose to live, if commuting becomes a little less stressful. Weighing in on how autonomous cars may change the real estate industry, The Agency Co-Founder and President Billy Rose told Realtor.com, “This change will be like the change from horse and buggy to cars.” Billy also lent his expertise this month to Robb Report on the subject of all cash buyers and why cash may still be king at the highest end of the Los Angeles market.

Justin Fichelson → ‘Tis the season when experts in

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