Douglas Ellliman announced the acquisition of the Miami Beach-based real estate company, Majestic Properties.
Lead by broker Jeff Morr, Majestic will be absorbed into the daily operations of Douglas Elliman’s Florida business.
As part of a larger Florida growth strategy aimed at attracting key industry talent, the acquisition will add a selection of agents and market experts from Majestic ’s roster to Douglas Elliman’s national network of over 4,000 professionals across more than 70 offices.
“The acquisition of Majestic Properties is a prime opportunity to expand our network of agents with some of the best in the market,” said Jay Phillip Parker, CEO of Douglas Elliman’s Florida brokerage.