British Buyers Keeping an Eye on U.S. Destinations – Including Portland, Oregon

Manhattan, New York

Why A decade of construction fervor has transformed New York’s skyline. In the Financial District, the spire of One World Trade Center—the tallest building in the Western Hemisphere—now soars above the haunting 9/11 Memorial.

Further north, West Chelsea’s former factories and old brownstones now border a clutch of contemporary masterpieces— from Zaha Hadid’s sinuous condo to Bjarke Ingels’s twisted towers, which, once complete, will house America’s’ first Six Senses Hotel & Spa—and the High Line, a former railway line turned park overlooking the Hudson.
‘It’s a bit like London,’ says Kirk Henckels of Savills’ associate Stribling. ‘You have areas that heretofore were not so popular— certainly not as luxury residential—[but] money has spread like icing in the past 10–15 years.’
Buy West Chelsea is ‘a beacon of premium prices’, according to Christie’s International Real Estate. ‘Between the galleries, shopping, restaurants and parks, it offers nature, culture and world-class art and architecture,’ says Christie’s International’s Erin Boisson Aries.
Across Manhattan, however, an increase in stock has slowed prices, according to Liam Bailey of Knight Frank, so ‘there are deals to be done’. He tips the Financial District as the place to buy, after projects such as One World Trade Center cemented its appeal.
For Mr. Henckels, the West Village remains ever attractive, but the area to watch is the one covered by the new Second Avenue Subway, which opened last year.

Washington, DC

Why Long the center of political power, now, Washington is leading the way in sustainability—at the end of 2017, it became the world’s first Leadership in Energy and Environmental Design Platinum city, a top accolade.

In a bid to reduce greenhouse-gas emissions and improve residents’ health, the local administration is encouraging people to walk, use public transport or cycle— for visiting cyclists, the best route is the 18-mile Mount Vernon Trail, which overlooks the Potomac River and local monuments and sights.
Parks and open spaces now cover 7,600 acres; Rock Creek has more than 1,700 acres, but the Hirshhorn Museum has the most scenic garden, thanks to more than 60 sculptures.
Renewable energy sources power government buildings and many new or upcoming developments have strong Green credentials. One such is 200, Massachusetts Ave NW, designed by Pritzker Prize winner Kevin Roche.
Another is The Wharf, a waterfront project that brings together apartments, restaurants, shops and a massive concert hall—the Anthem—which has added a stellar live-music season to Washington’s packed calendar.
‘This city offers so much,’ says Jonathan Taylor of TTR Sotheby’s International Realty, who recommends eating at Le Diplomate, Rasika and Cactus Cantina. ‘Washington is a world hub that’s coming into its own.’
Buy Christie’s International sees Washington as one of the top five hottest primary home markets for 2018, thanks to high sales volumes and shorter sale times. Luxury property prices averaged $1.5 million (£1.16m) at the end of 2017.

Los Angeles, California

Why The ties between Britain and America’s most creative city have just become closer —LA is the birthplace of The Duchess of Sussex. Beyond the royal connection, the past few years have seen an architectural renaissance—particularly in Downtown

La—in a prelude to the 2028 Summer Olympics. The newly opened Nomad hotel, for example, has breathed new life into Giannini Place, an opulent 1920s building that once housed the Bank of Italy.
At the contemporary end of the spectrum, the 1,100 ft-high Wilshire Grand, California’s tallest building, has added a new focal point and curvy Circa Towers look set to brighten up the South Park neighborhood with their 18,000 sq. ft. LED screens.
It’s not only the changing skyline that’s adding to LA’S buzz. This year sees the opening of several top restaurants—from, among others, chef Jessica Largey’s Simone —and the start of the Los Angeles Philharmonic’s centenary celebrations, with an exciting program.
Buy The property market below $3 million (£2.3m) is outpacing higher price brackets, according to realtor Ari Afshar, although record-breaking sales above $20 million (£15.6m) continue. The revival of central LA has put the spotlight on Hancock Park, which combines large lots with great values, according to Christie’s International.
That said, Bel Air remains one of the most sought-after places. ‘It offers some of the largest residential parcels, with some of the highest dollar-per-square-foot values,’ says David Parnes from The Agency, Savills’ associate. For prices up to a third lower than Bel Air, Knight Frank’s Mr. Bailey suggests Brentwood.,

Nantucket, Massachusetts

Why Once a whaling port, the Massachusetts island of Nantucket long ago traded harpoons and whaleboats for chic boutiques, cocktails and restaurants (Anthony Lassman of Nota Bene Global suggests CRU for seafood and yacht-watching), but the ‘mere hillock’ made famous by Herman Melville still has ‘more sand than you would use in 20 years’, three working lighthouses and cobbled streets lined by 18th- and 19thcentury buildings.

The 82-mile coastline has superb beaches, from the child-friendly expanses of the North Shore to the wild surfing waters of the South. Madaket Beach, on the island’s western corner, is the place to watch the sun set.
Buy One of the most expensive locations in the USA, Nantucket is the ‘anti-Hamptons’, says Mr. Lassman. ‘It’s more low-profile and boating focused, but every bit as super prime, with a distinctly island feel.’ Affluent retirees and telecommuting buyers are driving the market, according to Christie’s International, which reports that prime property sales increased by 19% in 2017.

Portland, Oregon, and its countryside

Why Ranked sixth in the 2018 US News & World Report’s best places to live in the USA, Portland combines vibrant culture with easy access to the Pacific (visit Cannon Beach, in Ecola State Park, to spot tufted puffins in summer and, with luck, migrating grey whales in winter).

‘Portland is one of the most beautiful cities in the world, with the Willamette River and gorgeous bridges downtown, acres of lush landscape, views of Mount Hood and wildlife near the city,’ says Mimi Mccaslin of Christie’s International affiliate Luxe Platinum Properties.
However, it’s the magnificent countryside around the city that makes the area particularly appealing. To the east are deep gorges, wildflower-strewn trails, majestic waterfalls and some of Oregon’s best ski resorts, including Timberline, the only year-round ski area in North America.
The rolling hills and valleys to the southwest are prime wine country. ‘Just outside Portland is Yamhill County, which has become famous for its Pinot Noir. You can spend the day picnicking and wine tasting,’ says Michael D. Babbitt of Cascade Sotheby’s International Realty.
Excellent shellfish, truffles, berries and fruit complement the vinous offering (Celilo in Hood River and Sybaris in Albany make creative use of local ingredients). ‘People who move here don’t like to move [away],’ says Mrs. Mccaslin. ‘And why should they?’
Buy The Portland property market is steady, according to Mrs. Mccaslin, but price growth may well be on the horizon after a gift from Nike co-founder Phil Knight, matched by residents’ donations, raised $1 billion (£773 million) for cancer research at the Oregon Health & Science University, drawing specialists from across the world.

Aspen, Colorado

Why An 1800s silver-mining town, Aspen reinvented itself in the 20th century as America’s glitziest ski resort. Today, the Aspen Snowmass complex encompasses more than 5,300 acres, with jaw-dropping slopes, perfect powder and memorable après ski.

However, the town has long been a year-round destination, with a rich menu of music, art, ballet and Broadway-quality theatre, according to Ben Roos of Aspen Snowmass Sotheby’s International Realty, plus panoramic walks, shopping (Palladium Properties agents recommend Kemosabe ‘for fabulous western wear’), fine dining (Cache Cache is a favorite), mountain-top yoga and, for the really adventurous, paragliding and hot-air ballooning.
Buy ‘What an amazing place Aspen is. When you land, you pass dozens of private jets, but it’s the most laidback place imaginable,’ says Nick Churton of Mayfair Office. One of the most sought-after neighborhoods is Red Mountain, where prices grew by 19% last year. ‘You’re not straight onto the ski area—you’re very close to it—but the views are incredible,’ says Mr. Bailey. But, add Palladium Properties’ agents, properties anywhere in Aspen hold their value.
References
Carla Passino, Country Life Magazine, August 2018, pgs 82-85.


Cascade Sotheby’s International Realty Lists Ultimate Pacific NW Dream Home

World-class property first time on market in one of America’s most desirable cities

PORTLAND, OR – Sometimes location, location, location is only part of a larger premiere luxury experience that is sure to entice even the most discriminating buyer. One of Oregon’s most esteemed real estate professionals, Veronica Park, a Principal Broker at Cascade Sotheby’s International Realty, just listed a 10,000+-square-foot custom signature home and accompanying 4,500-square-foot guest house that takes sumptuous contemporary design to a new level.

According to Park, this estate built on a sprawling 5.5 acres was painstakingly built from scratch over a four-year period by the present owners. Every feature reflects flawless craftsmanship, state-of-the-art amenities and authentic resort-style design. Located 10 minutes from downtown Portland where some of America’s finest restaurants and famed microbreweries line the streets, the property is located on the Persimmon Country Club Golf Course, and includes four putting holes on the home’s grounds. From the master suite windows, a painters’ vision of Mt. Hood, Mt. St. Helens, and Mt. Adams can be seen with different lighting throughout the day. View the listing video that will provides prospective buyers a clear visual understanding of this rural gem’s attributes.

When asked about her first impression of the property, Park replied: “I was so impressed by the attention to detail in the home building process, down to the exotic woods and stories the owners told of how they themselves wet each board to mold it into place. It means so much as I love every aspect of the building process. I grew up in a home that my father built from the ground up. I understand the blood, sweat and tears that go into a project in order to make a dream home a reality,” she said.

This three bedroom, five bath country compound includes a two-story master suite featuring a wet-bar on the second floor and a built-in hot tub. The primary residence boasts a large indoor saltwater pool surrounded by tropical plants and spa complex that includes waterfalls programmed by phone and accented with luxurious finishes. The main residence includes a lower level theater, wine cellar, great room and three flex rooms with high-end media and appliances that can all be tailored to a new homeowners’ tastes.

As to how this home is consistent with Cascade Sotheby’s level of real estate excellence, Park said “It correlates exactly with the type of listing Sotheby’s proudly presents across the globe. It also speaks to the fact that, a lifestyle is not a price point: it is the experience. The placement of the home nestled in a country setting on the golf course is easily accessible to the mountains for winter fun as well as our beautiful coastline. It is truly a unique estate that commands attention.”

Veronica Park is no stranger to real estate. She grew up on home building sites with her father, who was a local Lake Oswego (Oregon) builder in the early 80s. It wasn’t long before she became a Broker and began helping local families of all walks and budgets with the American dream of home ownership. The same is true today. Park is completely invested in helping people with widely varying financial resources find their first home or upgrade to homes with vast possibilities. A true country girl at heart, she is very experienced in the nuances and variables that accompany the sale of estate acreage, vineyards and equestrian facilities. Every client whom Park has represented comments that it isn’t about the dollar amount, but truly helping people navigate all that is involved with purchasing a home they adore that fits their lifestyle.

Please contact Veronica Park at 503-250-0667 or email her at veronica.park@cascadesir.com to see this one of a kind retreat or other listing.


Real Estate and Equestrian Passions Support At-Risk Youth

LAKE OSWEGO, OR – Riding horses since only 7-years old, Laura Piccard, a broker with Cascade Sotheby’s International Realty, Lake Oswego, realizes how fortunate she has been to be able to combine her two greatest passions – horses and real estate. Inheriting her mother’s love of riding, Laura claims that it’s in her blood. Taking care of the horses and cleaning stalls fueled her appetite to ride, as she began competing at an early age. Now, as an adult, Laura maintains an affinity for equestrian activities and any opportunity to ride. An avid equestrian and a horse owner, she is a frequent competitor in hunter jumper horse shows across the Northwest.

Laura has lived and worked in Brussels, Belgium before entering real estate. Having experienced another culture, she has developed a network of relationships with international clients, enabling her to better serve their particular needs and understand that there are unique lifestyle attributes that they might find appealing in the Portland area. With over 10 years of industry credibility, Laura’s exceptional talents in navigating property transactions highlight her invaluable advice, guidance and care to her clients in all stages of their process. Being associated with an iconic luxury brand is what initially drew Laura’s interest in working with Cascade Sotheby’s, but it was also the fact that they were differentiated by their reputation for a high-level of customer service. It’s not just about price point, it’s the story that you’re delivering to the buyer. Laura’s equestrian background has made her an authority on horse properties. Her current listing at 33207 SE 6th St., Mt. Laurel/Washougal, WA, perfectly illustrates the type of residence she relates to. View the property video.

The Oregon High Desert Classics (OHDC) is held in sunny Bend, Oregon on the beautiful 40-acre J Bar J Youth Services Ranch. The two-week hunter/jumper competition showcases top riders from the Western United States and Canada and includes junior athletes and Olympic competitors. With snow-capped mountain views and grass arenas, this show is sure to inspire. The show offers an array of amenities such as six arenas, six schooling/lunging rings, on-site barns for up to 600 horses and great dining and shopping just six miles away in Downtown Bend. Over $150,000 in prize money is at stake as horses and riders of all ages and levels compete throughout the week in classes such as the Grand Prix and USHJA International & National Hunter Derbys. Sponsorships help create the show ambiance and are instrumental to the success of OHDC and J Bar J Youth Services to continue to provide services through their six programs. Cascade Sotheby’s International Realty is a white-ribbon sponsor of this year’s events: Pre-Adult Equitation, Ariat® National Adult Medal and the OHJA Jr/Sr Medal. Laura is scheduled to compete in the Adult Equitation 40-49, the Ariat® Medal and the OHJA Junior/Senior Medal events.

J Bar J Youth Services offers innovative options for at-risk children, youth and families working toward self-sufficiency and personal responsibility. The program outcome is to produce healthy adults who contribute to society. Founded as a working ranch for juvenile offenders, the agency has grown and now includes eight program areas to address the growing needs of challenged youth in our community.  Stephanie Alvstad, Executive Director, J Bar J Youth Services, says, “The Oregon High Desert Classics raises money to support at-risk youth. We have found the horse show community to be very generous in their compassion for the challenges our youth have to overcome. This show has contributed more than $2.6 million towards helping kids over the past ten years. We couldn’t do what we do without you. Thank you!”

A former resident of the homeless teen shelter summed up his experience with this; “The LOFT (homeless shelter program) has helped me with many things. They helped me get back in school. They help me with my medical and dental needs. They make sure I am eating well. Most of all, the staff at the LOFT makes me feel like there is someone who cares.  Another youth who graduated from the Ranch had this to say; “J Bar J influenced me to become not only a productive member of society, but someone who I don’t mind looking at in the mirror in the morning. I learned how to take accountability for my actions and create a life for myself that I’m proud of.”

The horse show also provides a venue for youth involved in the programs to work. Boys from the Ranch interview for positions as groundskeepers and kitchen staff for the show. The money they earn is often put towards any restitution they need to pay. Girls from the Academy at Sisters serve as wait staff for multiple events under the Patrons Tent during the two weeks of the show. Community service is a strong value in all of our programs and the horse show is a perfect opportunity for the kids to help out.

Originally called the High Desert Horse Faire in 1989, this event was transferred to J Bar J Youth Services in 1992 and renamed the Michelob Classics. J Bar J owns a forty-acre cattle ranch east of Bend and operates a rehabilitation program for boys that have been in trouble with the law. The boys provided the labor needed to transform the property into a suitable show facility. To establish the grass rings, the fields were laser leveled, going down about six feet to put in rock and gravel. This provided a solid base for the grass rings. The boys continue to work the show every year, which gives them the opportunity to earn money to pay restitution. Learn more about J Bar J Youth Services.

Everyone has a different story to tell. Everybody has a different experience to share. And I love that I get to share the stories and experiences of my clients. To learn more about Laura Piccard, watch her broker film.


Cascade Sotheby’s International Realty launches Asia Desk

Portland, Oregon—With consistent demand for real estate in the Pacific Northwest and a record number of foreign buyers scooping up residential properties, Cascade Sotheby’s International Realty has launched an Asia Desk to serve the real estate and relocation needs of Asian buyers. Cascade Sotheby’s has appointed a premiere broker and expert in relocation and cross-cultural training, Michael Zhang, to grow that department.

A triple threat talent as an elite principal broker, and relocation and cross-cultural training expert, Zhang will be responsible for building the Asia Desk and its myriad services for buyers in Asian markets. He will also collaborate with the Sotheby’s International Realty offices in Asia to assist buyers looking for investments in the Pacific Northwest. He has worked with global companies like Boeing, Microsoft, Johnson and Johnson and recently worked as Cross-Cultural Training Consultant for the prestigious CARTUS Global Performance Solutions.
Zhang will be joined by his business partner and wife, Vivian Chen, who is expert at marketing to Asian buyers. Chen most recently worked as a senior consultant in Asia Pacific at CartUS and studied at Hamburg University in Germany. She speaks fluent English, Chinese, German and Japanese which will be invaluable to Cascade Sotheby’s service to international buyers.

“There are many investors in Asian countries who are experiencing new wealth and looking for investment opportunities around the lifestyle and environmental wellness that Oregon and SW Washington have to offer,” says Zhang. “These investors love prestigious global brands like Prada, Tiffany’s and Sotheby’s—the Sotheby’s brand positions the Cascade Sotheby’s Asia Desk to provide world-class, white glove investment, relocation and cultural integration services these buyers expect. I am delighted to have this exceptional opportunity to unite these buyers with investment opportunities here.”

According to the National Association of Realtors, the gradually expanding US and global economies should keep foreign buyer demand at a robust level. A recent article in the Los Angeles Times states that foreigners bought 284,455 properties in the 12 months that ended March 31, about a third more than a year earlier. Dollar volume surged nearly 50% to $153 billion, also a record for the survey first taken in 2009.
The article states that Chinese nationals were the biggest buyers, purchasing $31.7 billion worth of property, up from $27.3 billion a year earlier and more than ever before, according to the association.

“Recruiting the multitalented expertise of a principal broker like Michael Zhang is of huge benefit to assisting the growing international interest in real estate here—his influence and impeccable reputation help position Cascade Sotheby’s as a leader in uniting foreign buyers with extraordinary residential real estate throughout Oregon and SW Washington,” says Deb Tebbs, founder and chief executive officer, Cascade Sotheby’s International Realty. “The global network of Sotheby’s International Realty enables us to stay ahead of buying trends and tap a huge international referral network—and our new Asia Desk is poised to help buyers and sellers alike fulfill their real estate dreams.”
Another significant differentiator for Cascade Sotheby’s Asia Desk is Sotheby’s International Realty’s recent alliance with Chinese real estate site Juwai.com: the alliance enables the luxury real estate brand to generate Chinese buyer interest on one of the world’s most prominent real estate websites with over two million monthly visitors.

In addition, Cascade Sotheby’s chief operating officer, Michael W. Kosmin, has lived and worked in Asia for several years and since 2005 was responsible for property development projects in Asian markets. Before moving to Bend, Oregon three years ago, Kosmin lived in Indonesia where he was the managing director at Club Bali.
With deep experience in Asian real estate markets, Kosmin will support the development of Cascade Sotheby’s Asian Desk catering to clients looking at real estate in the Pacific Northwest. Cascade Sotheby’s leverages Sotheby’s international offices, presence and prestige in China to be of service to that market.

“It is a huge advantage to Cascade Sotheby’s brokers and clients that company management has first-hand international work experience with an emphasis on serving international clientele,” says Zhang.


Cascade Sotheby’s Ranks as one of Nation’s Top-Producing Brokerage Firms in RISMedia’s 2018 Power Broker Report

Bend, OR—Cascade Sotheby’s International Realty has ranked as one of the top real estate firms in the U.S. in sales volume according to RISMedia’s 30th Annual Power Broker Report. Cascade Sotheby’s, which has expanded throughout the Oregon and SW Washington real estate market, reported $1.3 billion in total transaction volume in 2017, representing $32 million in company revenue and a 325% increase in sales growth in the last two years.

According to the recent announcement by RISMedia, the biggest brokerages have a mutual philosophy: expansion. And Cascade Sotheby’s International Realty is no exception.

Cascade Sotheby’s recently acquired the expert talent of high-producing brokerages including Metolius Property Sales in Sisters and The Donna Roberts Group in Vancouver. The firm also signed as the exclusive listing agent for all Franklin Brothers homes and developments in Bend as well as the new luxury home development, Grand Peaks at Sisters. Cascade Sotheby’s also recently recruited a $22 million-a-year broker in Southern Oregon to leverage the emerging vineyard real estate activity there.

The firm’s 10 strategic locations include two offices in Bend, and retail presence in Sisters, Lake Oswego, The Pearl District/Portland, Lake Oswego, SW Washington, and at the Oregon Coast in Gearhart, Cannon Beach, and Manzanita. Together they form the most expansive luxury real estate network in the Pacific Northwest.

Cascade Sotheby’s is one of the elite 25 Sotheby’s International Realty® franchises in the U.S. in the billion-dollar volume category and is one of the top franchises in closed sales revenue in the entire Sotheby’s International Realty global realty network.

“We maintain a laser focus on statewide expansion, broker development, and innovative technology to support sales—all of this continues to strengthen our market share and vital commitment to our growing team of high quality producers,” says Deb Tebbs, founder and chief executive officer, Cascade Sotheby’s International Realty. “Our brokers have earned an impeccable reputation for white glove services for buyers and sellers at any price point. We welcome all clients who know that the Sotheby’s brand brings a coveted cache at any price level of home or location.”

Since the company’s founding in 2006, management has focused on white glove customer service at any price point—by building an industry-leading team, innovative sales platform, and proprietary technology network for its brokers. As a result, Cascade Sotheby’s added more than 80 new brokers statewide in 2017 and is the dominant firm in Central Oregon, with over twice the market share of the next closest competitor.

“Our brokers offer a white glove experience to all clients regardless of the price of their home and anticipate the clients’ needs to deliver some of the best service in the market—that’s the hallmark of our success,” says Tebbs.

The growth continues and Cascade Sotheby’s is poised to continue shaking up Oregon’s booming residential real estate market.

Click here to see the company listings.


Cascade Sotheby’s Exhibits Farm, Ranch & Vineyard Division Growth

Bend, OR – Cascade Sotheby’s International Realty is proceeding with its current strategy for continued growth and expansion with the launch of its Associate Recruitment Program. The firm’s Farm, Ranch & Vineyard division (FRV), specializing in rural property listings, is seeking qualified, top producing agents with background and experience in the lifestyle associated with such properties. Preferred qualifications include knowledge of agriculture, livestock, hop farming, vineyards, recreation properties, equestrian, land use, water rights and tax benefits.
The Sotheby’s brand has defined luxury for more than 270 years, generating over $108 billion in global sales volume, and developing a stellar reputation as America’s most trusted residential real estate brokerage. In little over 10 years, Cascade Sotheby’s International Realty has eclipsed $1.3 billion in total revenue and over 30 million in company revenue for 2017. With 250+ brokers and 10 strategic office locations in Oregon and SW Washington, Cascade Sotheby’s is rated in the top 25 among Sotheby’s affiliates. The company promotes the fact that it represents a diverse selection of properties and that “luxury is an experience, not a price point.”
This month, Cascade Sotheby’s announced the addition of Mike Lee to its FRV brokerage team. The Rogue Valley has been Mike’s home for 38 years, and his previous experience as a Guide, Outfitter, and commercial Jet boat pilot, has given him a unique perspective on what Oregon has to offer to potential landowners. Joining the CSIR Farm, Ranch, and Vineyard Division, Mike’s understanding of the land gives him an expert perspective of the land’s best uses.
For the full list of FRV brokers, click here.  To view Farm & Ranch listings, click here.  To view Vineyard listings, click here.


Real Estate Market Reports Now Available

Interested in learning more about real estate market conditions Central Oregon, Oregon Coast, Portland and SW Washington? Our latest Market Reports look at statistical data on the area, the number of homes for sale in comparison to the number of homes selling as well as what is trending in different market sectors. In addition to these quarterly reports, up to date hourly snapshots on specific neighborhoods throughout Central Oregon can be found on the homepage of our website.


Click here to view all the latest listings from Cascade Sotheby’s International Realty.


Cascade Sotheby’s International Realty partners with Evoker, Inc. to showcase passion, personalities of brokers

Bend, Oregon (February 16, 2018)— Cascade Sotheby’s International Realty has a keen understanding that real estate success is all about bringing its brand to life and building personal relationships with clientele. With that mission in mind, the brokerage has inked a deal with Evoker, Inc., a Chicago-based micro-branding company, to create short films that tell the passion, commitment and stories of Cascade Sotheby’s brokers.
Cascade Sotheby’s first set of Evoker films launch today on YouTube and Vimeo. Please take a moment and view some of these amazing films. They represent brokers in four main regions – click on one of the following links to view the playlists: Central Oregon, Portland, SW Washington and the Oregon Coast.
“In real estate like in any business, decisions are made based as much on personal relationship and engagement as they are on the reputation of the corporate brand,” says Deb Tebbs, chief executive officer and founder of Cascade Sotheby’s International Realty. “These individual broker films are literally works of art that really set our elite team apart in the market as we continue to build relationships with buyers and sellers alike throughout Oregon and SW Washington.”
What makes a Cascade Sotheby’s broker remarkable? Commitment to what they do. A passion for serving people. A love of the place they call home. The brokerage believes Evoker films distinguish both the Sotheby’s global luxury brand and the remarkable talent that choose Cascade Sotheby’s to call home. The stories are compelling and engaging—and offer a truly personal look into the passion and lives of some of the company’s top talent.
“We expect these exquisite films to really position the talent Cascade Sotheby’s has recruited to the team, and set our brokerage apart as clients are seeking exceptional services and global marketing reach in a very competitive landscape,” says Michael Kosmin, chief operating officer, Cascade Sotheby’s International Realty. “After seeing the first round of film production, there’s no question these compelling and passionate creations will win the attention of clients looking to work with the best.”


Cascade Sotheby's International Realty partners with Tesla to create unique experience for local brokers and clientele

Portland, Oregon (February 5, 2018) – Cascade Sotheby’s International Realty, which embodies the long-held Sotheby’s tradition of quality and expertise, this week partners with Tesla to host a unique broker and client appreciation event at the Portland Tesla dealership. Brokers and local clientele of Cascade Sotheby’s are invited to test drive their Tesla dream car at the February 8th exclusive event which also features other fine products including prized Oregon wines, Tiffany jewelry and local chocolatiers.
“At Cascade Sotheby’s International Realty, we pride ourselves on being connoisseurs of life—this involves understanding, and taking the time to appreciate, all of the precious things that go into making a life extraordinary. We want to share this with our growing client base,” says Dori Olmsted, principal broker. “This event will continue to shape community understanding of what our brand stands for and like our parent, Sotheby’s, the kinds of contributions we make to the communities in which we do business.”
Cascade Sotheby’s brings clients the benefits of a world-renowned brand
Sotheby’s is one of the world’s most recognized and respected luxury brands, having served discerning auction buyers and sellers since 1744. Founded in 1976 to provide independently owned and operated real estate offices with a powerful marketing and referral program for luxury listings, the Sotheby’s International Realty network, through its association with the Sotheby’s brand, is uniquely positioned to serve the luxury real estate market. The Sotheby’s International Realty brand continues to define the meaning of luxury by providing unparalleled personalized service.
Cascade Sotheby’s International Realty, which exceeded $1.3 billion in closed sales in 2017, continues its innovative approach to uniting extraordinary lives with extraordinary homes building on these statistics:

  • $30 million in company revenue in 2017
  • 325% sales growth from 2015 to 2017
  • More than two times the market share in Central Oregon than closest competitor
  • More than 250 brokers across Oregon and SW Washington
  • More than 80 new brokers signed in 2017 alone
  • Average price point for Cascade Sotheby’s agents is 33% higher than other agents in Portland and SW Washington
  • 11 offices in Oregon and SW Washington

Cascade Sotheby’s International Realty announces new lending partner, Academy Mortgage

Portland, Oregon (January 31, 2018) – Cascade Sotheby’s International Realty announces a new partnership with Academy Mortgage to provide lending services to brokerage clientele. Academy is Oregon’s fastest growing mortgage company according to 2017 CoreLogic Data. Academy lenders will have a presence in all Cascade Sotheby’s offices in Oregon and SW Washington to better serve homebuyers with leading mortgage options.
“Academy Mortgage’s presence in the Pacific Northwest and reputation for A+ service and products align perfectly with the Cascade Sotheby’s brand,” says Michael Kosmin, chief operation officer, Cascade Sotheby’s International Realty. “Academy is one of the top independently owned purchase lenders in the U.S.-they close home loans quickly and efficiently while making our clients feel comfortable every step of the way.  Their affiliation with Cascade Sotheby’s will be a huge asset to our clients.”
According to Academy Mortgage, unlike banks and mortgage lenders that consolidate operations and service offsite, Academy has the distinct advantage of being a direct lender, which means all loan processing, underwriting, closings, and funding are handled at local branch offices. Branch offices – and now lending representatives at Cascade Sotheby’s offices – have the tools and resources in-house to expedite these processes, resulting in a proven track record of closing loans as quickly and efficiently as possible.
“We are honored and privileged to partner with this great company and these amazing industry leaders – the partnership provides a unique synergy as both companies have experienced a tremendous amount of growth and momentum in the Oregon and SW Washington market,” says Patrick Welberg, Pacific Northwest Regional Manager of Academy Mortgage. “Cascade Sotheby’s also shares our commitment to giving back to the local communities in which we do business-we are looking forward to partnering with this excellent brokerage on community services initiatives as well.”
Cascade Sotheby’s International Realty franchise owner and CEO, Deb Tebbs, was the first on the West Coast to secure a Sotheby’s International Realty franchise to launch in Central Oregon in 2006. In 2015, she was awarded the franchise for Cascade Sotheby’s International Realty brokerages in Portland, Lake Oswego, SW Washington and the Oregon Coast. Portland is the last metro market in the nation for a Sotheby’s International Realty real estate presence.
Cascade Sotheby’s International Realty, which exceeded $1.3 billion in closed sales in 2017, continues its innovative approach to uniting extraordinary lives with extraordinary homes building on these statistics:

  • $30 million in company revenue in 2017
  • 325% sales growth from 2015 to 2017
  • More than two times the market share in Central Oregon than closest competitor
  • More than 250 brokers across Oregon and SW Washington
  • More than 80 new brokers signed in 2017 alone
  • Average price point for Cascade Sotheby’s agents is 33% higher than other agents in Portland and SW Washington
  • 11 offices in Oregon and SW Washington

About Academy Mortgage

Academy Mortgage is one of the top independent purchase lenders in the country as ranked in the 2016 CoreLogic Marketrac Report. It is the company’s mission to become 1st CHOICE in delivering the dream of sustainable homeownership by inspiring hope and building prosperity in the lives of its employees, homebuilders, real estate agents, and in the communities that it serves. Academy is headquartered in Draper, Utah; has more than 330 branches and 3,200 employees across the country; and is licensed to originate loans in 49 states and Washington D.C.

About Cascade Sotheby’s International Realty

Harnessing the worldwide recognition and prestige of the Sotheby’s name, Cascade Sotheby’s International Realty expertly represents the most distinctive properties at every price range. The firm’s 11 strategic locations throughout Oregon and southern Washington form the most expansive luxury real estate network in the Pacific Northwest. Cascade Sotheby’s International Realty brokers are masters of their craft, combining local expertise and global connections to artfully unite extraordinary places with extraordinary lives. The firm achieved a billion dollars in sales in the first 11 months of 2016, joining only 25 Sotheby’s International Realty affiliates in the world with this distinction. Exceptional service, continual innovation, and unrivaled market knowledge continue to set Cascade Sotheby’s International Realty apart as an industry leader.