BEVERLY HILLS, CA November 25, 2014 – Beverly Hills based real estate firm Hilton & Hyland and Christie’s International Real Estate, the world’s leading luxury real estate network, is proud to join 12 fellow affiliates, together serving as the ‘Official Luxury Real Estate Partner’ of Art Miami, one of the most respected international contemporary and modern art fairs for acquiring investment quality works of art.
Commemorating its 25th anniversary, the globally recognized event will take place December 2nd through 7th during what is known as Miami Art Week in South Florida, when thousands of collectors, curators and museum professionals descend on the area to visit a host of contemporary art fairs. This is the third consecutive year that Christie’s International Real Estate and Hilton & Hyland, along with participating members of its international affiliate network, have served as marquee sponsors of Art Miami, furthering the natural symmetry between contemporary art and luxury residential real estate. The connection emphasizes the unique, lifestyle-centric qualities that link an investment in a multi-million-dollar trophy property to the purchase of a world-class work of art.
“Hilton & Hyland is honored to be an integral part of this global, cutting-edge event—one that defines the contemporary art scene and brings with it a mesh of collectors, museum curators and art enthusiasts from around the world,” said Hilton & Hyland president and Christie’s International Real Estate Advisory Board member, Jeff Hyland. “We look forward to taking part in this unique opportunity to bolster the ties between fine art and luxury real estate in the Los Angeles area.” “Christie’s International Real Estate first and foremost congratulates Art Miami on the commemoration of its 25th anniversary, applauding its longstanding history and widespread reputation as a contemporary art market lynchpin,” said Rick Moeser, Senior Vice President of Christie’s International Real Estate. “As the only real estate network of its kind to be owned by a fine art auction house, we are thrilled to be returning to Art Miami as a top sponsor – a relationship which puts us at the epicenter of one of the most iconic contemporary and modern art fairs in the United States.”
According to Christie’s International Real Estate research, the company has noted that trends in high-end real estate congruently mirror the sales activity of luxury goods. The top end of the fine art market, for example, has experienced a resurgence in recent years, quite similarly to the growth in purchases of luxury real estate. Hilton & Hyland, the exclusive Christie’s International Real Estate affiliate for the Los Angeles area, will be showcasing 10 ultra-luxurious homes from its collection. The homes, totaling nearly $500 million combined, represent some of the best of the best Los Angeles has to offer including several new contemporary homes by leading L.A. designers and the legendary Beverly House. Complete home list below.
The partnership between Art Miami and Christie’s International Real Estate extends to Art Miami’s sister fair, CONTEXT Art Miami, which focuses on emerging and mid-career cutting-edge contemporary art. Together, with their renowned gallery-like exhibition spaces, the adjoining fairs will span a combined 250,000 square feet and feature works of art from over 200 international galleries from sixteen countries. “We are thankful to have Hilton & Hyland and Christie’s International Real Estate’s support for our 25th edition,” said Nick Korniloff, Director and Partner of Art Miami, LLC. “Their commitment to Art Miami has provided all our participating galleries and guests a better fair experience. Together, we look forward to another successful fair while putting a spotlight on the best that the contemporary art market and luxury real estate market have to offer from around the globe.”
Throughout the duration of the fair, Christie’s International Real Estate will host an interactive booth at the entrance of Art Miami, exhibiting luxury residential real estate offerings from around the globe. The hands-on display will afford Art Miami visitors an up-close look at over 14,000 exquisite properties presented by the network’s global affiliates. The event will also feature the co-sponsorship and onsite participation of 12 additional Christie’s International Real Estate affiliates and an invitation-only, VIP champagne reception for top Christie’s International Real Estate clientele. The 2013 edition of Art Miami reported 13,600 collectors, curators, artists, connoisseurs and designers during its opening night to benefit the Perez Art Museum Miami and hosted 72,500 attendees over a six-day period. Boasting a rich history as the longest-running contemporary art fair in Miami, the fair will once again provide an intimate look at some of the most important works at the forefront of the international contemporary art movement.
ART MIAMI SHOWCASE PROPERTIES BY HILTON & HYLAND
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About Hilton & Hyland
Beverly Hills based Hilton & Hyland (www.hiltonhyland.com) was established in 1993 as a boutique real estate firm to provide extremely personalized service to buyers and sellers of luxury properties. Founders Rick Hilton, grandson of the famous hotel developer, and Jeff Hyland, one of the most recognizable figures in Los Angeles real estate, have built their agency from the ground up. Hilton & Hyland is the Founding Member of Christie’s International Real Estate and is the exclusive affiliate of Luxury Portfolio, expanding their international reach to over 650 affiliates worldwide. In the 2014 REAL Trends “The Thousand” annual report,12 Hilton & Hyland associates ranked in the top 150 agents in the U.S. by sales volume, the highest number of any brokerage in Los Angeles. With over two billion dollars in transactions in 2013, Hilton & Hyland is recognized as the top luxury real estate agency in Los Angeles.