Knight Frank has announced a new strategic alliance with Carolwood Estates in Los Angeles, a boutique real estate brokerage based in Beverly Hills, as it looks to expand its presence in the US market.
Under the agreement, Knight Frank will work with Carolwood Estates to provide local market expertise and support cross-border residential transactions, giving Los Angeles-based clients access to Knight Frank’s international network, while buyers abroad gain a route into the Los Angeles market.
Paddy Dring, head of global prime sales and Knight Frank’s Private Office, said: “This is a hugely exciting step for Knight Frank with a partner that naturally aligns with our values. In a time when the real estate landscape is experiencing major disruption, our new alliance represents a deliberate and defining choice. We believe the future belongs to firms that uphold excellent standards of client privacy and combine the strength of a global platform with the agility, intimacy, and deep local expertise of a boutique brokerage. This alliance sets us apart; it’s about quality over scale and partners that truly understand their markets.
“By collaborating with best-in-class boutique brokerages like Carolwood, we can offer our clients a superior service, global reach and trusted connections on the ground. Our commitment to the Los Angeles market through Carolwood is the first step in our ambitious growth plan to partner with the very best brokerages across key US wealth markets. We are presently exploring further opportunities in New York, Miami, Palm Beach and Aspen.”
Drew Fenton, CEO of Carolwood Estates, commented: “We are beyond excited to partner with Knight Frank and bring Knight Frank’s global audience to Los Angeles and the West Coast. Our level of clientele and the significance of the properties we represent are the perfect fit for such a legendary brand. We look forward to a long and meaningful relationship.”
From the new alliance, clients stand to benefit from the breadth of Knight Frank’s global network – access to 50 markets worldwide and over 600 offices. Los Angeles’ ultra-high-net-worth clients can also access Knight Frank’s Private Office, a specialist team delivering bespoke, end-to-end service, connecting clients with the best global property opportunities and providing expert guidance across their entire real estate portfolio.
Rupert Dawes, global head of residential at Knight Frank, added: “Amid the ongoing disruption in the US real estate industry, including recent shifts among major brokerage networks, we see a clear opportunity to redefine what excellence looks like. Knight Frank’s global network is one of our greatest strengths, connecting clients to opportunities through a seamless blend of local expertise and international reach is what makes us stand out. This extensive presence allows us to offer unparalleled insight into local markets while providing clients with access to a truly global perspective.
“Whether facilitating cross-border transactions, identifying emerging investment opportunities, or delivering tailored advisory services, Knight Frank leverages its worldwide offices and expert teams to ensure clients can navigate real estate markets with confidence, efficiency, and strategic advantage. Our network isn’t about scale, it’s about creating meaningful connections that translate into real results for every client, wherever they operate. By partnering with Carolwood, we can connect Los Angeles’ clients with global opportunities and international clients with the best of Los Angeles’ real estate.”
Estate agency ramps up efforts to encourage property investment