Mountainside Partners, LLC Sells Tahoe Mountain Realty To Firm's Vice President Of Sales & Marketing Jeff Brown

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Developer Exits Brokerage Business, Focusing on Present and Future Mountainside at Northstar Community Development

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We now have the chance to deliver our unique brand of insight and service to the Tahoe market at large while working closely with Mountainside Partners and their exciting vision for Mountainside at Northstar.

Mountainside Partners, LLC, on behalf of CREW Tahoe, LLC, announced the sale of Tahoe Mountain Realty, the premier luxury real estate firm in Northstar and the Tahoe-Truckee area to Vice President of Sales and Marketing Jeff Brown. The transaction marks an opportunity for Mountainside Partners to focus on re-investing in and re-establishing its core development at Mountainside, while Brown operates independently and leads the brokerage firm into new directions within the Lake Tahoe real estate market.

Brown, while employed by Tahoe Mountain Realty, lead sales at Gray’s Crossing, after a successful decade-long span selling Tahoe lakefront property, which included recognition as the top-grossing agent for the Tahoe Sierra Board of Realtors in 2005 and 2008. Since 2010, Brown has introduced Tahoe Mountain Realty into the general brokerage business, selling more than $560 million in real estate, and capturing significant market share throughout the region’s premiere resort communities.

“I am thrilled for the opportunity to own and operate Tahoe Mountain Realty. We’ve created an exceptional team of professionals over the past few years and now have the chance to deliver our unique brand of insight and service to the Tahoe market at large while working closely with Mountainside Partners and their exciting vision for Mountainside at Northstar,” says Brown.

Tahoe Mountain Realty will continue to work with Mountainside Partners as a preferred brokerage partner to Mountainside at Northstar. Operating from its sales galleries located at The Village at Northstar and Old Greenwood, Tahoe Mountain Realty focuses on the luxury resort communities of Northstar, Martis Camp, Lahontan, Old Greenwood and Gray’s Crossing.

The sale of the brokerage firm follows Mountainside Partners’ recent announcement of its multi-year development plan at Mountainside at Northstar, which aims to reshape the ultimate mountain resort experience. This fall, Lake Tahoe’s ski-in/ski-out residential community located on-mountain between The Ritz-Carlton, Lake Tahoe and The Village at Northstar, introduced the installation of new facilities for elevated outdoor experiences, expert-guided amenities and custom, turn-key real estate, all boasting direct access to the hiking trails and ski runs of Northstar.

“This sale allows us to focus on our continued efforts at Mountainside at Northstar – introducing new amenities, unique programming and luxury real estate opportunities for discerning buyers,” adds Ron Barnes, Senior Partner at Mountainside Partners.

For more information on Mountainside at Northstar, please visit http://www.MountainsideNorthstar.com or call 1.530.550.2010.

About Mountainside at Northstar:
Mountainside at Northstar is located on-mountain between The Ritz-Carlton, Lake Tahoe and The Village at Northstar. Seamlessly integrated with the mid-mountain terrain, the four-season community boasts a vision to offer turnkey outdoor experiences for owners, with extensive plans underway for more than $1B in new amenities and unique real estate offerings.

About Mountainside Partners, LLC:
Mountainside Partners is a real estate development company, which has created world-class resort experiences in the Lake Tahoe area. The Mountainside Partners team developed the Old Greenwood Community, Gray’s Crossing Community, The Village at Northstar, The Ritz-Carlton, Lake Tahoe and is currently developing the Mountainside at Northstar Community. In addition, Mountainside Partners is the owner and operator of Tahoe Mountain Club.

About Crescent:
Crescent Real Estate Holdings LLC, headquartered in Fort Worth, Texas, is a fully integrated real estate company owned by Goff Capital and Barclays Capital. Through its subsidiaries, Crescent owns, manages and develops premier, Class A office buildings. Crescent also holds investments in resort residential developments in locations such as Scottsdale, Vail Valley, and Lake Tahoe; The Ritz-Carlton, Dallas; and the wellness lifestyle leader, Canyon Ranch.

About Tahoe Mountain Realty:
Tahoe Mountain Realty is a full-service real estate brokerage focused on the luxury, resort communities of Northstar, Martis Camp, Lahontan, Schaffer’s Mill, Old Greenwood and Gray’s Crossing. Operating from the Village at Northstar and Old Greenwood, Tahoe Mountain Realty provides a unique brand of service and insight on the Lake Tahoe – Truckee real estate market.

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Aleksandra Baranova
@discovercrc
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