Promoting Sundown‘s continued success paved the way in which for equally engaging spin-offs—each these associated to The Oppenheim Group brokerage and people that aren’t. First, there was Promoting Tampa centered on Attract Realty. Then we bought Promoting the OC, which just lately dropped its second season on Netflix. Presently, the potential record of upcoming luxurious actual property actuality present spin-offs contains The O Group’s two different places of work: in San Diego, California and Cabo San Lucas, Mexico. The latter was just lately featured in the course of the newest season of Promoting the OC, which has left viewers questioning: Will there be a Promoting Cabo? Here is all the pieces we all know in regards to the workplace and the potential of one other spin-off.
First, When Did The Oppenheim Group Open an Workplace in Cabo San Lucas?
The brokerage introduced its Mexico enlargement in December 2022. Positioned within the Hacienda Seaside Membership, the workplace overlooks the ocean and the rock formation El Arco. On Instagram, the brokerage said: “This enlargement into Cabo San Lucas is the fruits of an thrilling partnership with Diego Sanchez Navarro and Grupo Questro, as we deliver to market the Ritz Carlton Residences, the Enclaves, the 1 Properties Residences by 1 Lodges, the Hacienda Seaside Membership Residences, and billions of {dollars} in new initiatives on the very best undeveloped land that Cabo has to supply.”
Who Works on the Cabo San Lucas Workplace?
Throughout Promoting the OC (season two, episode six), the solid turns into the primary stateside-based Oppenheim Group brokers to go to the Cabo workplace. Jason Oppenheim launched Alan Fabjan to them because the brokerage’s accomplice who “is admittedly working the Cabo workplace for us.” Alen, who has lived in Mexico for greater than 20 years, is listed as a gross sales director and dealer on the firm’s web site.
Aside from Alen, Jason didn’t point out every other brokers particularly working from the Cabo workplace. There appear to be seven or so desks in the principle entry space together with a group desk—however the furnishing choice can actually imply something. They might be planning to rent brokers, or they have already got staffed up, or the desks are there for visiting brokers to make use of. Some might even be for present.
What Introduced The Oppenheim Group to Cabo?
On Promoting the OC, Jason informed the OC brokers that their purchasers are doubtless shopping for in Cabo. “Cabo was promoting about $400 to $500 million of actual property in 2020,” he stated. “This yr, up to now, they’re on tempo for over $2 billion in gross sales.”
He went on to disclose particulars in regards to the main venture they’re engaged on within the metropolis: a $2 billion, 2,400-acre growth on El Tule Seaside. The venture contains 50 oceanfront houses, every of which is about half an acre. Behind them, on the hillside, might be 300 houses—all of which will even have ocean views.
In the course of the present, the OC brokers toured two of the villas throughout the growth. One six-bedroom, six-bathroom abode throughout 6,090 sq. ft was priced at $27.5 million, whereas the opposite 8,200-square-foot villa with six bedrooms and 7 loos was priced at $45 million.
So, Will There Be a Promoting Sundown Spin-off in Cabo?
For now, it looks like The O Group’s enterprise in Cabo will solely be featured by means of present spin-offs together with Promoting the OC and certain Promoting Sundown. However we’re not ruling out one other present down the street. Keep tuned for any updates!
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Affiliate Editor
Kelly Allen is the present Affiliate Editor at Home Stunning, the place she covers design, popular culture, and journey for digital and the print journal. She’s been with the group for almost three years, attending trade occasions and masking a spread of subjects. When she’s not watching each new TV present and film, she’s searching classic house shops, admiring resort interiors, and wandering round New York Metropolis. She beforehand labored for Delish and Cosmopolitan. Observe her on Instagram.