Lori Hyland, wife of the company's late co-founder Jeff Hyland, is taking 100 percent ownership of the luxury firm, which did $4 billion in sales in 2021 but saw a wave of defections this fall to new rival Carolwood.
Hilton & Hyland’s name will remain unchanged, while Rick and Barron Hilton are leaving to form a new brokerage, Hilton & Hilton.
“Beverly Hills is the only inlet city of the major luxury markets, yet, people come from all over the globe to build legendary estates here and add to its extensive history.
Hilton & Hyland said that it did $4 billion in sales in 2021. Earlier this year, its agent Stuart Vetterick co-represented Fashion Nova CEO Richard Saghian in his $141 million purchase of The One megamansion in Bel Air, while the brokerage’s David Kramer recently represented Formula 1 heiress Petra Ecclestone in the sale of a
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