Pearlstone Partners Partners with @properties for Luxury Real Estate Expansion in Austin

Strategic Expansion in Luxury Real Estate

On January 23, 2025, Pearlstone Partners, a key player in Austin's real estate landscape, proudly announced its strategic partnership with @properties lone star Christie's International Real Estate. This collaboration aims to propel Pearlstone's presence in the luxury real estate market, with its current projects nearing a valuation of $1 billion. This partnership represents a significant milestone, enabling Pearlstone to align its vision with the esteemed reputation and global reach of @properties lone star.

Collaborative Listing and Ownership Structure

As part of this groundbreaking alliance, @properties lone star Christie's International Real Estate will serve as the exclusive listing agency for Pearlstone's existing collection of 682 units. These units boast a staggering valuation of $935 million. Additionally, Pearlstone has secured a minority ownership stake in the operations of @properties lone star, showcasing its commitment to fostering a long-term relationship aimed at elevating Austin's real estate market.

New Brokerage Team

The partnership introduces a fresh brokerage team, dubbed The Portfolio Edition Real Estate Group. This elite ensemble will consist of the top-tier agents, hand-picked to represent Pearlstone's comprehensive portfolio. Their focus will be on ensuring that each development receives exceptional service and expertise, enhancing the overall experience for investors and clients alike.

Chris Zaiontz, president of Pearlstone Partners, expressed his excitement: "We are thrilled to partner with @properties lone star Christie's International Real Estate to enhance the service experience for our investors, clients, and residential developments, creating greater value for all stakeholders involved." He emphasized the alignment of culture and vision with Christie's International Real Estate, hinting at future expansions into the luxury and hospitality sectors.

Growth of Luxury Developments

Jerry Mooty, CEO of @properties lone star Christie's International Real Estate, echoed these sentiments, stating that their collaboration aims to bring unparalleled visibility and expertise to Austin's evolving luxury market. As the city emerges as a global hub for high-end residential living, the partnership is poised to redefine luxury and innovation in real estate.

The Pearlstone Portfolio

Pearlstone's portfolio includes several high-end developments:

1. Vesper located at 84 East Ave., Rainey Street District, offers 284 residences with amenities like a 41st-floor rooftop pool and fitness center. Quick-move-in residences start at $500,000.
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2. Zephyr Residences at 2323 S. Lamar Blvd. features 179 residences, launching sales in January 2025 with prices from $500,000.
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3. The Belvedere on Pressler St. boasts 158 residences with luxury amenities and starts sales in March 2025 at $800,000.
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4. 14th Lavaca, yet to be branded, will feature 140 luxury units with prices beginning at $1.6 million—set to launch sales in Q4 2025.

About Pearlstone Partners

Based in Austin, Pearlstone Partners stands as a fully integrated real estate development firm, having contributed over $700 million to local real estate. Their portfolio includes a diverse mix of projects in Austin's most sought-after areas, emphasizing urban, pedestrian-friendly developments. Their unique capability spans the entire property development life cycle, ensuring quality and profitability in all endeavors.

About @properties lone star

Since its inception, @properties lone star has rapidly expanded across Texas, quickly establishing itself with a dedicated team of over 250 agents. In 2024, the brokerage achieved an impressive transaction volume of over $600 million, reflecting their commitment to excellence and client satisfaction.

For those interested in exploring Pearlstone's developments or the new Portfolio Edition Group, additional information can be found on: