Quarterly Market Report
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Q3 Quarterly The Glazer Estate, Beverly Hills $75,000,000 19 Market Report Represented by Je Hyland, Drew Fenton Table of Contents. Founders’ Significant Showcase Letter Sales Listings page 4 page 6 page 20 Owners Rick Hilton and Our significant sales of Q3 A gallery of our latest Jeff Hyland recap the third including the highest sale in luxury listings, including the quarter of 2019. the history of Los Angeles. $75M Glazer Estate. Earned Market Ultra Media Data Luxe page 32 page 52 page 80 A round-up of our A look at the overall Q3 A look at the ultra-luxe most notable editorial marketplace from Malibu marketplace in Q3 ranging features from Q3. to Los Feliz. from $5-20+ Million. Once Upon Saint Laurent Meet a Time in LA + Ennis House Our Team page 82 page 84 page 86 A celebration of the Saint Laurent debuts Meet our agents, swinging 60s in honor of the Winter ‘19 Collection management and Quentin Tarantino’s latest film. at the Ennis House. marketing team. Founders' Letter. Welcome to the Hilton & Hyland Quarterly Report, a summary of our performance in Q3 as well as sales figures for the Los Angeles residential market. This quarter, not only did we achieve the highest sale in the history of Los Angeles for $119,750,000, but we launched our first short film as a brokerage. The Hilton & Hyland story began 26 years ago, and our roots in the L.A. real estate market are even deeper. In 1993, we founded this firm to provide the individual care and expertise necessary to broker the world’s most exquisite properties including The Playboy Mansion, The Spelling Manor, The Beverly House, The Enchanted Hill and many others. Having watched our firm of not even 10 agents grow into 150 in the past two and a half decades while remaining a privately- held powerhouse boutique, unfettered by investors and outside shareholders, has been deeply rewarding. ‘The Founders’ is the culmination of our success, vision and the very city we shaped. We cannot, however, simply rest on past laurels. Instead, our success has inspired renewed dedication and eort from not only ourselves, but our exceptional agents and sta. Throughout the following pages, you will find a detailed analysis on all key neighborhoods in Los Angeles, along with specific insights into the luxury market. As the definitive leader in this market, it gives us great pleasure to present this comprehensive report. Rick Hilton Jeff Hyland CHAIRMAN PRESIDENT STILL FROM ‘THE FOUNDERS’ Watch the short film here at YouTube.com/HiltonHyland Billionaire Developer Buys First Penthouse in L.A.’s Exclusive Beverly West “Each residence has its unique character and personality infused within the product selection, material, and finish specifications.” - Jeff Hyland Something big has crowned in Los Angeles. Emaar “The five penthouses are certainly in a class by themselves Properties, developer of Burj Khalifa (the world’s with approximately 8,000 square feet of living space, tallest building) and The Dubai Mall (the world’s a view corridor that will never be obstructed, and a largest shopping and entertainment destination) just pristine level of quality and finishes not normally seen in unveiled the Penthouse Collection at Beverly West vertical properties,” says Je Hyland. Residences, the über-luxe, 22-story boutique high- rise billed as “the most exclusive residential tower in “Most exclusive”, “biggest” and “best” are bold claims in Los Angeles.” the city of hype, where mega-mansions and gleaming towers are a dime a dozen. How developers distinguish Adjacent to the Los Angeles Country Club, Beverly their projects is the fine-line between a splashy West houses 35 intimate residences with unobstructed headline sale and a languishing spec home, especially downtown and mountain vistas, luxury amenities, and in a dicult over-the-top, oversupplied, overpriced easy access to the heart of Beverly Hills. The Penthouse market. How it’s marketed often determines if it sells. Collection caps o Beverly West’s final phase with Beverly West’s advantage—its design, location, access, five bespoke, move-in ready homes (one sold the first and L.A.’s high-rise renaissance. Vertical living is hip week), represented by Hilton & Hyland bigwigs Je again, even for A-listers like Ellen DeGeneres and Los Hyland, Bill Simpson and Susan Pekich. Angeles Clippers coach Doc Rivers who chose to live Continued on Next Page>> JEFF HYLAND | BILL SIMPSON | SUSAN PEKICH 1200 Club View Drive, Penthouse 19 Represented Both Buyer & Seller $21,000,000 S T O RY: K E IT H F L AM E R PU B L I S H E D : J U LY 2 1 S T AGEN T S : JEFF HYLAND, BILL SI MPSON , S U S A N P E K I C H P R O P E R T Y: B E V E R LY W E S T PENTHOUSE C OLLEC TION PENTHOUSE 19 The Entertainer SOLD $21,000,000 JEFF HYLAND | BILL SIMPSON | SUSAN PEKICH 1200 Club View Drive, Penthouse 19 Represented Both Buyer & Seller $21,000,000 >>here at one time or another. Located along Wilshire, the building is marketed as “luxury elevated,” validated by amenities like a saltwater pool, spa, sun deck, fitness center and a billionaire-friendly helipad. Designed by Plum Design West’s Lisa Garriss, the Penthouse Collection represents the building’s pinnacle—fully-furnished homes with direct elevator access and floor-to-ceiling panoramas, occupying the top five floors. Each penthouse is curated around a specific persona—The Mogul (18th floor); The Entertainers (19th floor); The Collector (20th floor); The Musicians (21st floor); and The Producer (22nd floor). Pricing starts at $20-plus million. The Entertainers Penthouse, a 8,215 square-foot, three-bedroom unit was designed for a couple who entertains. Billionaire developer Richard Lewis, and his wife, who previously lived on a lower floor, purchased the unit for $21 million. It features a large great room (with birds-eye golf course views), chef’s kitchen, wine vault, bar, dual master baths, a wellness massage suite and multiple balconies. “Each residence has its unique character and “To create five unique penthouse personality infused within the product selection, material, and finish specifications,” says Hyland. residences, I drew from my luxury “From the moment you step o the private elevator into each residence, you experience their character hospitality design experience and individuality.” to imagine specific themes or If Garriss provides the canvas, Frenchman Maxime personalities for each residence Rançon paints the picture. Rançon is a real estate game changer, the creative marketing maestro whose swoop- thereby creating distinct visual ing drones and slick, high-def wizardry turn unoccu- pied properties into Hollywood-style eye candy. stories for each.” - Lisa Garriss The Rancon Company brings contemporary homes to life via swinging doors, zooming cars, athletic actors swimming across infinity pools, and gorgeous models cat-walking across custom kitchen floors and patios. It’s all presented as a lifestyle dream come true. “We create campaigns that generate emotions and tell compelling stories,” says Rançon. “We want buyers to identify with the lifestyle that comes with living in the building. People want to feel amazed and inspired.” Click here to read the full article on Forbes.com PENTHOUSE 18 The Mogul ACTIVE $22,000,000 Significant Sales. The Highest Sale in the History of Los Angeles... JEFF HYLAND THE MANOR HOLMBY HILLS | $119,750,000 Jeff Hyland Represented the Buyer JEFF HYLAND | JUDY FEDER | WILLIAMS & WILLIAMS 822 SARBONNE RD BEL-AIR | $75,000,000 Jeff Hyland, Judy Feder, Branden Williams & Rayni Williams Represented the Seller RESNICK & NASH | PATRICK FOGARTY 1155 ANGELO DR BEVERLY HILLS P.O. | $42,750,000 Stephen Resnick & Jonathan Nash Represented the Seller Patrick Fogarty Represented the Buyer p.11 WILLIAMS & WILLIAMS 1169 N HILLCREST RD BEVERLY HILLS | $30,000,000 Branden Williams & Rayni Williams Represented the Seller RENDERING JEFF HYLAND 299 N SALTAIR AVE BRENTWOOD | $28,000,000 Jeff Hyland Represented the Seller p.15 JEFF HYLAND | JUDY FEDER | WILLIAMS & WILLIAMS 1860 CARLA RIDGE BEVERLY HILLS | $15,000,000 Jeff Hyland, Judiy Feder, Branden Williams & Rayni Williams Represented the Buyer Branden Williams & Rayni Williams Represented the Seller DREW FENTON ANNA MARIE SIMPLICIANO 1557 TOWER GROVE DR BEVERLY HILLS | $7,050,000 Drew Fenton & Anna Marie Simpliciano Represented the Buyer BJORN FARRUGIA MATTHEW SCHWARTZ 241 N ROCKINGHAM AVE BRENTWOOD | $10,675,000 Bjorn Farrugia & Matthew Schwartz Represented the Seller p.19 Showcase Listings. JEFF HYLAND | DREW FENTON THE GLAZER ESTATE 601 MOUNTAIN DR, BEVERLY HILLS | $75,000,000 p.20 BRANDEN & RAYNI WILLIAMS 9268 ROBIN DR BIRD STREETS | $42,500,000 RICK HILTON | LINDA MAY THE ENCHANTED GARDEN ESTATE 803 N ELM DR, BEVERLY HILLS $14,200,000 DREW FENTON 1140 TOWER RD BEVERLY HILLS | $32,500,000 p.26 p.27 ROXANE ALMEIDA BRANDEN & RAYNI WILLIAMS 2200 SUMMITRIDGE DR BEVERLY HILLS P.O. | $18,995,000 STEPHEN RESNICK | JONATHAN NASH 1706 N DOHENY DR DOHENY ESTATES | $16,895,000 p.30 PATRICK FOGARTY 1486 BLUE JAY WAY BIRD STREETS | $10,900,000 p.31 An Exclusive Look Inside the Most Expensive Home for Sale in America The Chartwell Estate, as it is known today, was the home of billionaire businessman Jerry Perenchio, who died in 2017. According to Forbes, the one-time chairman and CEO of Spanish-language broadcast network Univision had an estimated net worth of $2.8 billion. The property’s 25,000-square-foot main residence has 11 bedrooms, 18 bathrooms and a limestone facade. If the exterior looks familiar, that’s because it was used in “The Beverly Hillbillies,” a TV series that aired from 1962 to 1971, as the Clampetts’ mansion.