About Carolwood Estates
Established in late 2022 by industry veterans Drew Fenton, Nick Segal, and Ed Leyson, Carolwood Estates is a boutique real estate brokerage located in Beverly Hills, California. The firm was founded by a collaboration of highly successful real estate professionals, focusing on the highest end segment of the market.
Carolwood Estates has rapidly ascended to prominence in the luxury real estate sector, achieving a dominant 26% market share of the $20 million+ residential market in Los Angeles and a leading 21% market share of the $10 million+ market in its core neighborhoods. In 2023, the firm closed $1.6 billion in sales, with notable transactions including the highest sales in areas such as Beverly Hills Post Office, Los Feliz, and Holmby Hills.
The firm's impressive portfolio features iconic properties like Casa Encantada, listed at $195 million, and Ocho Manos, listed at $69.5 million. Carolwood Estates is also the exclusive Los Angeles affiliate of Forbes Global Properties, connecting clients to a prestigious international network.
Carolwood Estates' leadership team comprises seasoned professionals dedicated to delivering exceptional service. The firm's commitment to discretion, transactional excellence, and exceeding client expectations has solidified its reputation as a leader in luxury real estate.
Services
Residential Sales and Acquisitions
Carolwood Estates assists clients in buying and selling high-end residential properties, offering personalized services tailored to individual preferences and investment goals. Their extensive network and market expertise provide access to exclusive listings and qualified buyers.
Commercial Real Estate Services
In addition to residential properties, Carolwood Estates has expanded its services to include commercial real estate. Their newly established commercial division, known as Mara Commercial, is recognized for handling deals with high-profile brands such as Adidas, Marc Jacobs, Paul Smith, October’s Very Own, and Honor the Gift.
Exclusive Off-Market Listings
Carolwood Estates offers clients access to a substantial portfolio of off-market listings, providing opportunities to explore properties that are not publicly advertised. This approach caters to clients seeking privacy and exclusivity in their property transactions.
Global Reach through Forbes Global Properties
As the exclusive Los Angeles affiliate of Forbes Global Properties, Carolwood Estates connects clients with a network of top-tier international brokerages. This affiliation enhances their ability to represent buyers and sellers of the most prestigious properties worldwide, offering global exposure and access.
Market Analysis and Valuation
Clients benefit from detailed market analyses and property valuations, providing insights into current market trends, property values, and investment opportunities. This data-driven approach aids clients in making informed real estate decisions.
Strengths
Boutique Expertise: Founded by seasoned professionals with over 50 years of combined experience, Carolwood Estates offers personalized and discreet service tailored to the luxury market.
Significant Market Share: The firm achieved a dominant 26% market share of the $20 million+ residential market in Los Angeles and a leading 21% market share of the $10 million+ market in core neighborhoods.
Weaknesses
Boutique Scale Limitations: As a boutique brokerage, Carolwood Estates may have fewer resources and a smaller network compared to larger firms, potentially limiting its market reach.
Recent Establishment: Being a newer firm, it may lack the long-standing reputation and client base that more established competitors possess.
Summary
Carolwood Estates is a fast-rising boutique brokerage known for its discretion, elite agent roster, and impressive share of high-value market sales. Backed by its Forbes Global Properties affiliation and founders’ deep experience, it delivers premium service in a highly personalized, private setting. While newer than its competitors, and slightly smaller in scale, its rapid success has quickly positioned it as a serious force in the luxury space.