Vermont Business Magazine Four Seasons Sotheby's International Realty announced today a strategic partnership with Peerage Realty Partners Inc. Peerage Realty, based in North York, Ontario, has acquired a majority partnership interest in Four Seasons Sotheby's International Realty, the leading premium real estate brokerage in Vermont and New Hampshire. Financial terms were not disclosed.
Led by Chief Executive Officer and Partner Alan DiStasio and President and Partner Laurie Mecier-Brochu, Four Seasons Sotheby's International Realty has grown to over 218 agents, 36 employees in 16 offices across Vermont and New Hampshire. The firm's sales will exceed US$1.6 billion (C$2.16 billion) in residential real estate this year.
Tom Heney will continue as a partner and Executive Vice President of Operations. Staige Davis will serve as Executive Chairman and Buff McLaughry as Senior Advisor. Joining the existing equity partners will be Laurie Mecier-Brochu and Alex Girelli, Vice President of Finance. Founders Pam Perkins and Stephanie Wheeler will also continue with the firm providing continuity.
This is a foundational partnership for Peerage Realty, serving as a cornerstone for its ongoing North American expansion strategy in key recreational real estate markets. It also reinforces its existing relationships with the iconic Sotheby's International Realty brand and reflects the objective of forging more partnerships in the future.
"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 the opportunity to grow the Sotheby's International Realty brand is exceptional."
CEO Alan DiStasio said: "With Peerage as our strategic partner, we will build upon the success we've already achieved. All Four Seasons associates and employees will benefit from the additional support and resources now at our disposal. Our associates will be able to expand their reach further and to enhance the customer experience."
Added President Laurie Mecier-Brochu: "We're all excited to join a network of top real estate professionals who share our culture, values, and our commitment to serving our clients and setting the highest standards in our industry; on a global basis."
Presently, Peerage is in partnership with Sotheby's International Realty Canada ("SIRC"), Canada's largest luxury real estate brokerage with 29 offices and 620 agents in Ontario, Quebec, British Columbia, and Alberta, and Jameson Sotheby's International Realty ("Jameson"), a dominant player in the luxury residential and commercial real estate markets with six offices and 460 agents in the Greater Chicago Area.
ABOUT FOUR SEASONS SOTHEBY'S INTERNATIONAL REALTY
Four Seasons Sotheby's International Realty is the leading premium real estate brokerage in Vermont and New Hampshire. Peerage Realty Partners is a leading real estate investment firm in North America based in Toronto, Canada. Four Seasons will be the third Sotheby's International Realty franchise partner for Peerage Realty Partners, joining Sotheby's International Realty Canada and Jameson Sotheby's International Realty of Chicago.
This new partnership enhances Four Seasons Sotheby's International Realty's position as a leading player in the premium residential real estate market, positioning it for further growth and future partnership investments.
Four Seasons Sotheby's International Realty offers residential real estate services throughout Vermont and New Hampshire, focusing on providing the highest level of service, innovative marketing, and best performance throughout its markets.
Four Seasons' Vermont and New Hampshire roots run deep. As a company that is both homegrown and historied and committed to investing in the communities and people it serves. Many Four Seasons agents are second, third, and even fourth-generation natives. They play where they live, making them the experts on regional lakefront properties, mountain retreats, ski houses, farmland and land development, equine estates, private neighborhoods, city homes, and more.
To Four Seasons, New England is more than a place — it's a way of living, of enjoying life fully. Whether a native to Vermont or New Hampshire or a longstanding transplant, these stories begin with a love of the places they live and the passion for sharing that dream and intimate knowledge with others.
While the Four Seasons market is very local, its reach is global as part of Sotheby's International Realty®. As a premier brand, Sotheby's International Realty® is an exclusive gateway to the best and brightest in real estate worldwide, including an innovative marketing platform that showcases listings to qualified buyers both around the corner and around the globe.
ABOUT PEERAGE REALTY
Founded in 2007, Peerage Realty is a subsidiary of the Peerage Capital Group ("Peerage Capital"). It offers a unique and time-tested professional partnership model for entrepreneurial North American real estate 9service firms in premium markets. It has the unique benefit of being a private family and management-owned enterprise positioned to commit to long-term investments and time horizons.
Through its partner firms, Peerage Realty transacted over US$14.2 billion (C$18 billion) in residential sales in 2020, and it is projected to sell over US$23.6 billion (C$30 billion) in 2021. It has over 4,000 best-in-class sales representatives and 143 offices in Canada and the United States.
Peerage Realty consistently provides strategic input, capital, technology, operational expertise, marketing, public relations, and value-added products and services that differentiate and strengthen its partner firms in competitive markets to support growth and expansion among partners. Its goal is to expand the suite of services that its partner firms can offer to enhance the client experience through all phases of a real estate transaction and beyond.
Peerage Realty's partners now include Baker Real Estate, the leader in new development and condominium sales and marketing in the Greater Toronto Area and Montreal; BakerWest, a new construction condominium sales and marketing firm in Vancouver; Chestnut Park, one of the top luxury firms in Ontario; Epic Real Estate Solutions, condominium marketing experts with a focus on the interior of British Columbia; Fifth Avenue Real Estate Marketing, a leader in new development and condominium sales and marketing in British Columbia; Jameson Sotheby's International Realty, a luxury firm in the Greater Chicago Area; Madison & Company Properties, a leading luxury brokerage in Denver, Colorado; Sotheby's International Realty Canada, a national luxury real estate brokerage; and StreetCity Realty, a progressive brokerage, and back-office services provider in Ontario; and The Condo Group, a leading residential sales, and marketing firm based in Victoria, B.C.