Peerage Realty Partners Inc. invests in substantial partnership interest in Four Seasons Sotheby´s International Realty in Vermont and New Hampshire.
The partnership with Peerage Realty will serve as key to its ongoing North American expansion strategy in key vacation markets. This marks the third firm in the United States where Peerage has made such an investment. According to Steve Murray, a partner in real estate M&A firm RTC Consulting, “We were honored to have advised Four Seasons Sotheby’s on this transaction.”
Led by CEO and Partner Alan DiStasio and President and Partner Laurie Mecier-Brochu, Four Seasons Sotheby’s International Realty has grown to over 200 agents in 15 offices across Vermont and New Hampshire.
“We are on track to build on our momentum and achieve our goal to be among the largest premium residential real estate companies in North America,” said Gavin Swartzman, CEO of Peerage Realty. “At Peerage, cultural fit, personal chemistry and shared vision are the critical elements that we look for in a new partner. The team at Four Seasons is a perfect fit for us and [we look forward to] the opportunity to grow the Sotheby’s International Realty brand.”
Four Seasons will continue to be led by the management partners, who will also participate as equity partners in the future growth and development of the firm.
Presently, Peerage is in partnership with Sotheby’s International Realty Canada, Canada’s largest luxury real estate brokers with 29 offices and 620 agents in Ontario, Quebec, British Columbia and Alberta, and Jameson Sotheby’s International Realty, a dominant player in the luxury residential and commercial real estate markets with six offices and 460 agents in the Greater Chicago Area.