Douglas Elliman Florida Purchases Majestic Properties in a Collaborative Deal
by Sep Niakan | June 20, 2014
Miami Beach's own Majestic Properties was purchased by Douglas Ellliman on June 9th.
Part of the agreement for the sale requires Jeff Morr and his team of top-producing agents at Majestic to join Douglas Elliman's Florida business.
“The acquisition of Majestic Properties is a prime opportunity to expand our network of agents with some of the best in the market,” Douglas Elliman Florida's CEO, Jay Parker, said, “Under Jeff’s leadership, Majestic has been one of the area’s premiere boutique operations for the past 20 years. We recognize how his insight and experience will help us reach our end goal to provide the strongest resources possible to buyers, sellers, and developers.”
Morr has notably sold over 3,000 condos in the past 25 years, collectively valued at over $3 billion.
“I started Majestic Properties in 1995.” Morr said, “After two wonderful decades, I have decided to relinquish my management responsibilities and to focus on my favorite part of the business: brokering substantial residential and commercial transactions.” Morr believes that Douglas Elliman was the best place to make a new home for him and his agents.
by Sep Niakan | December 06, 2016
It’s my favorite time of year to be in Miami! The weather has cooled off a bit. The city’s abuzz with people from every corner of the world (thanks to Art Basel). The holiday spirit is gradually taking over, and there’s a bunch of...
by Sep Niakan | November 29, 2016
This is a story of how one Miami condo dweller (that's me, Sep Niakan) gave up his car at the end of his lease and gained freedom (and $$) in its place. If you have been thinking of getting rid of your car or know someone who is, read...
by Sep Niakan | November 24, 2016
Lending, specifically FHA lending, is inching forward in favor of Miami Condos. Before President Trump pulls out any game-changers, I thought it would be the right time to reflect on a Bill passed into law by President Obama this August. The...
by Sep Niakan | November 22, 2016
It’s been almost a year since BrickellHouse’s robotic parking garage blunder, and I’ve been thinking about what this means for the automated parking business in Miami condos. In brief, Boomerang Systems (the robotic garage...