Douglas Elliman is diving into yachting.
The luxury real estate brokerage, known for handling top-tier listings and sales across the U.S., has exclusively shared with Robb Report that it is launching a new division to help the wealthy traverse the high seas—if they aren’t already.
Elliman Yachts, which debuted today in the midst of the Palm Beach International Boat Show, will offer yacht acquisiti...
The launch of Elliman Yachts reflects a calculated pivot by luxury real estate firms to capitalize on the booming experiential asset market, where yachting has become a status symbol for the ultra-wealthy. The strongest version of this narrative is that Elliman is responding to genuine client demand, leveraging its existing network in high-net-worth coastal markets to offer a seamless extension of its services. The partnership with Royal Yacht International suggests a strategic alignment with es...