Compass’ $1.6 billion deal to buy Anywhere Real Estate set off market-share talk across the industry, but boutiques on the high end of the Los Angeles market aren’t sweating it. Carolwood’s Drew Fenton, CEO and co-founder of Los Angeles County’s fastest-growing boutique brokerage, offered a bullish take via text: “The merger is 110 percent beneficial for Carolwood and other boutique brokerages.” To be sure, he’s part of an elite tier of L.A.’s high end. This year, he and his Beverly Hills-based brokerage appeared on both of the megadeals tied for priciest in Los Angeles County: 630 Nimes Road in Bel-Air […]
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