Jeff Hyland, a luxurious actual property powerhouse who co-founded the brokerage Hilton & Hyland and helped reshape the staid trade, has died at 75.
His brokerage introduced the scoop in an Instagram submit, announcing he died on Wednesday after “privately struggling with most cancers for the closing yr.”
“I’m grateful to all of you for sharing your needs and prayers all through Jeff’s sickness. Your reinforce and kindness has touched me deeply and I do know you mourn with me now,” his spouse, artist Lori Hyland, wrote within the submit.
An L.A. local, Hyland opened Hilton & Hyland with lodge scion Rick Hilton in 1993, and over the last 3 many years, the company has grown into some of the most sensible luxurious brokerages in Southern California, overseeing billions of greenbacks’ value of gross sales for iconic estates around the area.
“Thirty years in the past, Jeff and I began in this adventure,” Rick Hilton wrote within the submit. “All the way through, an excellent partnership and a deep friendship have been solid and Hilton & Hyland emerged as a drive within the trade. Jeff was once a legend. His wisdom about actual property and structure was once exceptional.”
When Hyland began promoting houses at age 28, actual property brokers have been observed as staid execs who treated advanced transactions with little fanfare for big-name brokerages that were given the entire cachet.
However Hyland has been credited with serving to to become the trade with the broker-celebrity. Hilton & Hyland brokers turn into well-known on their very own within the exploding international of actual property fact TV, comparable to Bravo’s “Million Greenback List Los Angeles.”
Through the years, he indexed and offered a few of L.A.’s maximum notable estates. In 2019, he engineered the record-shattering sale of Chartwell, the Bel-Air mansion featured in “The Beverly Hillbillies,” for $150 million. It was once the most costly house sale in California historical past, even supposing it’s been crowned more than one occasions since.
By no means quick on ambition, Hyland made headlines in 2019 when he indexed the mythical 40,000-square-foot Bel-Air mansion of financier Gary Winnick for $225 million — the priciest publicly indexed house within the nation on the time.
In 2020, he offered LeBron James a Mediterranean-style compound within the Beverly Hills Submit Place of job house for $36.75 million. Remaining week, he indexed the Manor, a 56,000-square-foot chateau in Holmby Hills, for $165 million.
Hyland grew into some of the primary government on L.A. actual property and was an architectural historian and writer with books together with “The Mythical Estates of Beverly Hills,” which explores the historical past and architectural importance of the world’s maximum prized houses.
In 2020, Hyland based Forbes World Homes, a kind of Zillow for the ultra-rich. The Beverly Hills-based web platform highlights a curated number of luxurious houses.
“I’ll shepherd this; it’s been a lifelong dream,” he advised The Occasions that yr. “In the entire issues that I’ve finished, that is more than likely the end result of 40 years of single-family luxurious actual property.”
