Douglas Elliman Real Estate has launched a Sports & Entertainment division.
The new nationwide entity will provide brokerage services for clients within the sports and entertainment industries, as well as ultra-high net worth parties.
The division, which has a charitable component, is the first of its kind to be created within a major real estate company. The division’s presence under one cohesive brand has a global reach that is not bounded by states’ or nations’ borders.
Darren Weiner will shape the new group as its managing director, leveraging his existing client base which he built over the course of 20 years of representing professional athletes, coaches, broadcasters, sports team owners and celebrities in over 30 countries and across six continents.
Weiner is a licensed real estate broker in several states, including New York, Connecticut, Massachusetts, Pennsylvania, Georgia, Colorado, Florida, Rhode Island and Utah.
The launch of Douglas Elliman Sports & Entertainment builds on the company’s history of working with professional athletes and celebrities.
During this year’s NBA season, the firm partnered with the New York Knicks and Madison Square Garden to brand the arena’s most iconic ‘real estate’ as Douglas Elliman Celebrity Row.
“After many years of navigating celebrities and athletes through the specific needs associated with their real estate transactions, the formalization of a highly-specialized Sports & Entertainment division was a natural extension of our brand,” said Dottie Herman, President& CEO of Douglas Elliman.
“The addition of the network, experience and professionalism that Darren Weiner and the team of experts he’s bringing to the division will further strengthen the power of the Douglas Elliman platform—resulting in an entirely new capability in the real estate industry. We look forward to their continued success.”
It will operate a social responsibility platform geared toward helping those with life threatening diseases, primarily cancers. Weiner, who survived adult leukemia, credits his treatment success to an anonymous bone marrow donor, and contributes a significant portion of transactions within his division to various charitable organizations that support similar initiatives.