The Altman Brothers Bring $9.5 Billion in Sales to South Florida, Joining Douglas Elliman and The Ritz-Carlton Residences, Fort Lauderdale

The expanding team has more than $9.5 billion in career sales and over $1.2 billion in annual sales volume.

Rhea-AI Summary

Douglas Elliman (NYSE: DOUG) announced that The Altman Brothers are expanding into South Florida through its real estate brokerage. Led by Josh, Matt and Heather Altman, the team is establishing a permanent presence after referring more than $100 million in business to Florida annually.

The team has also been named Super Agents for The Ritz-Carlton Residences, Fort Lauderdale. Its South Florida service area includes Miami, Miami Beach, Palm Beach, Boca Raton and Fort Lauderdale. The expansion extends the geographic reach of an existing Douglas Elliman team, rather than adding a newly affiliated brokerage team.

Positive

• Minor pointSouth Florida expansion establishes a permanent presence for an existing Douglas Elliman team already referring over $100 million annually.

Negative

• None.

Key Figures

Career sales: More than $9.5 billion Annual sales volume: Over $1.2 billion Annual referrals to Florida: More than $100 million

Career sales

More than $9.5 billion

The Altman Brothers

Annual sales volume

Over $1.2 billion

The Altman Brothers

Annual referrals to Florida

More than $100 million

Business referred to the region

Historical Context

1 past event · Latest: Aug 07

1 event

1. Aug 07

   Second-quarter results

   24h Move

   -0.6%

   Florida brokerage activity helped drive revenue growth and a narrower quarterly net loss

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Following record-breaking sales of $83M in Laguna Beach, $68M in Brentwood, and $45M in Montecito, the West Coast powerhouse goes coast to coast as its California clients increasingly relocate to Florida

MIAMI, Nov. 10, 2026 /PRNewswire/ -- Douglas Elliman Realty, LLC ("Douglas Elliman"), the nation's preeminent real estate brokerage, along with The Altman Brothers, one of the nation's most recognized luxury real estate teams, today announced their expansion into South Florida with Douglas Elliman. Led by Josh, Matt, and Heather Altman, the team brings more than $9.5 billion in career sales and over $1.2 billion in annual sales volume to one of the country's most sought-after luxury markets.

After more than 20 years connecting global clients with extraordinary properties, the team's growth into Florida has been organically in motion for some time. An increasing number of high-net-worth individuals, entrepreneurs, and families are relocating from California to South Florida, and The Altman Brothers have been referring more than $100 million in business to the region annually. Having recently purchased a penthouse in Miami, the team is now establishing a permanent, personal presence.

"South Florida has become one of the most exciting luxury markets in the country, and we're seeing more and more of our own clients make the move from California," said Josh Altman, Co-Founder of The Altman Brothers. "We've been referring over $100 million in business to Florida annually, so establishing our own presence was the natural next step."

"The Altman Brothers have made an extraordinary impact on Douglas Elliman as top producers, and we're fortunate to have Josh, Matt, and Heather as part of our family. Their expansion into South Florida speaks to the strength of our platform and our ability to help exceptional talent grow their businesses across markets," said Michael S. Liebowitz, Chairman and CEO of Douglas Elliman Inc.

"We're proud to provide the reach and resources that allow them to take their business bicoastal."

The team has also been named Super Agents for The Ritz-Carlton Residences, Fort Lauderdale, one of South Florida's premier branded luxury developments, a role that reflects their ability to connect a national and international network of affluent buyers with exclusive properties.

"We're thrilled to see Josh, Matt, and Heather Altman expand their business into South Florida. Having built an exceptional business within Douglas Elliman in California, they bring an extraordinary network and deep client relationships to this market," said Jay Phillip Parker, CEO of Brokerage, Florida Region, and President of Douglas Elliman Development Marketing, Florida. "We look forward to their continued success in South Florida and to the impact they'll make at The Ritz-Carlton Residences, Fort Lauderdale."

The expansion follows a series of landmark transactions, including the $82.6 million sale of 100 Rockledge in Laguna Beach, the second-highest residential sale in Orange County history, the $68 million sale of 2811 Mandeville Canyon, the highest residential sale in Brentwood history, the $45 million sale of 120 Montecito Ranch Lane in Montecito, and the $36 million sale of 530 South Mapleton Drive in Holmby Hills. To name just a few of the extraordinary properties currently represented by The Altman Brothers, 24331 Coto de Caza, listed at $125 million, 1 Strand Beach in Dana Point, listed at $65 million, and 7545 North Mockingbird Lane in Paradise Valley, Arizona, listed at $35 million, further demonstrating the team's reach across the nation's most prestigious luxury markets.

With offices throughout California in Beverly Hills, Newport Beach, Rancho Santa Fe as well as Las Vegas, NV and Scottsdale, AZ and one of the largest social media followings in luxury real estate, the team will bring that reach to sellers in Miami, Miami Beach, Palm Beach, Boca Raton, Fort Lauderdale, and surrounding communities.

"We're not starting from scratch. We already have the clients, the relationships, and the demand," said Matt Altman, Co-Founder. "This expansion connects two of the nation's most important luxury markets, and we'll be personally delivering the same white-glove service our clients expect coast to coast."

"Behind every record-setting sale is a relationship, and that's what we've built our business on. Our clients live all over the world, and they've been asking us to be there for them in Florida. Being on the ground in South Florida lets us deliver the same personal, white-glove service, with the same care and discretion, on both coasts," said Heather Altman.

About Douglas Elliman Inc.
Douglas Elliman Inc. (NYSE: DOUG) owns Douglas Elliman Realty, LLC, which is one of the largest residential brokerage companies in the United States with operations in New York City, Long Island, Westchester, Connecticut, New Jersey, the Hamptons, Massachusetts, Florida, California, Texas, Colorado, Nevada, Maryland, Virginia, and Washington, D.C. In addition, Douglas Elliman Inc. provides other real estate services, including development marketing, mortgage as well as settlement and escrow services in select markets, and uses as well as invests in early-stage, disruptive property technology solutions and companies. Additional information concerning Douglas Elliman Inc. is available on its website, investors.elliman.com.

Investors and others should note that we may post information about Douglas Elliman Inc. on our website at investors.elliman.com or, if applicable, on our accounts on Facebook, Instagram, LinkedIn, TikTok, Twitter, YouTube or other social media platforms. It is possible that the postings or releases could include information deemed to be material information. Therefore, we encourage investors, the media and others interested in Douglas Elliman Inc. to review the information we post on our website at investors.elliman.com and on our social media accounts.

About The Altman Brothers
Led by Josh, Matt, and Heather Altman, The Altman Brothers at Douglas Elliman are among the nation's leading luxury real estate teams, with more than 20 years of experience, $9.5 billion in career sales, and over $1.2 billion in annual sales volume. Known for record-breaking transactions, landmark luxury listings, and innovative marketing, the team has offices in Beverly Hills, Newport Beach, Rancho Santa Fe, Las Vegas, and Scottsdale, and now serves South Florida.

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SOURCE Douglas Elliman

FAQ

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What is The Altman Brothers' South Florida expansion with Douglas Elliman?

The Altman Brothers are establishing a permanent South Florida presence with Douglas Elliman. The team now serves Miami, Miami Beach, Palm Beach, Boca Raton, Fort Lauderdale and surrounding communities, and has been named Super Agents for The Ritz-Carlton Residences, Fort Lauderdale.