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Engel & Völkers Continues Franchise Expansion in Florida with New Location in Trinity


News provided by

Engel & Völkers Florida

Apr 08, 2024, 05:25 ET

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Tom Phanco, Franchisee & Nikki Musgrave, Managing Broker of Engel & Völkers Trinity
Tom Phanco, Franchisee & Nikki Musgrave, Managing Broker of Engel & Völkers Trinity

Engel & Völkers Florida expands luxury real estate services to Trinity

NAPLES, Fla., April 8, 2024 /PRNewswire-PRWeb/ -- Engel & Völkers Florida today announced its latest franchise expansion into the vibrant market of Trinity, an affluent community in Pasco County. This strategic move comes as a result of the recent acquisition of license rights by distinguished entrepreneurs Tom Phanco and Clarence J. Butt. Their dynamic leadership extends beyond the real estate sector, as they integrate this residential arm seamlessly into their existing CTV Capital business—a multifaceted organization encompassing construction, commercial real estate, development, insurance, investment, mortgage, and property management. Engel & Völkers Trinity will initially operate from their temporary office at 18331 US-41 Suite 13 in Lutz, Florida inside the "Cowork of Lutz" building while their permanent office building is being built at 3047 Alachua Way in New Port Richey, Florida. A grand opening event is slated for the fourth quarter of 2024, upon completion of the shop build out.

"In our pursuit of elevating our corporate profile, we carefully sought a partner in the real estate sector that embodies the utmost professionalism," said Phanco. "Engel & Völkers emerged as the standout choice among competitors, and we are excited about forging a collaborative, enduring relationship. The exceptional professionalism exhibited by Engel & Völkers has left a lasting impression on us. We believe that the alignment of our company's image and values with those of Engel & Völkers will contribute significantly to the synergy between our brands. This strategic partnership is poised to reinforce our business model and contribute to the creation of a sophisticated, high-end environment for both our colleagues and clients. We look forward to the positive impact this collaboration will have on our collective success moving forward."

"This strategic partnership is poised to reinforce our business model and contribute to the creation of a sophisticated, high-end environment for both our colleagues and clients. We look forward to the positive impact this collaboration will have on our collective success moving forward."

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Joining forces with the seasoned duo is Nicole Musgrave, who assumes the crucial role of Managing Broker, further fortifying the leadership team. Engel & Völkers Trinity, under this visionary trio, is poised to cater to the discerning clientele of Keystone, Lake Fern, New Port Richey East and Holiday, Odessa, Seven Springs, Starkey Ranch, and Trinity. This expansion signifies not only a geographical reach but also a commitment to delivering unparalleled real estate services in a region marked by sophistication and affluence.

"In an area with several competing brokerages, none possess the global recognition for professionalism and luxury synonymous with Engel & Völkers," said Musgrave. "What draws me to this partnership is the emphasis on global collaboration and the overall spirit of collaboration fostered by the brand. Engel & Völkers is renowned for its commitment to professionalism and high standards in real estate. It is with great enthusiasm that I introduce this established luxury brand to the Tampa Bay area, anticipating the positive impact it will have on the local real estate landscape."

Phanco, a seasoned entrepreneur, founded and led PlusFunding.com, a highly profitable mortgage company in Carlsbad, California, eventually acquired by a public company in 2005. With a degree in Political Science from the University of California at Berkeley, he combines his academic background with discipline and leadership skills honed as a collegiate and professional athlete. Currently, as a Founding Partner, CEO, and Broker at CTV Capital and DNDB Capital, he continues to demonstrate his expertise in the real estate industry.

"We are delighted to extend a warm welcome to Tom and CJ as franchise owners," said Peter Giese, CEO of Engel & Völkers Florida. "Their unwavering commitment to professionalism and excellence seamlessly aligns with our global standards. As we broaden our footprint in the dynamic markets of Trinity and the greater Tampa Bay area, we have full confidence that their wealth of experience and dedication to delivering unparalleled service will play a pivotal role in the ongoing success and expansion of Engel & Völkers. We eagerly anticipate a collaborative and prosperous long-term relationship with them."

Musgrave is a sixth-generation Floridian. She earned a degree in chemistry from University of North Georgia and worked as a chemist at Johnson & Johnson before transitioning to sales. After a brief stint in automobile sales at Ford, she discovered her true passion in real estate. Since obtaining her sales license in 2015 and later becoming a broker in 2017, she combines her science background with a genuine commitment to providing top-notch service. She is also a published author of the book 'A Greater Tampa Bay: Building the Fastest Growing City in America.'

About Engel & Völkers:

Engel & Völkers is a global luxury real estate brand. Founded in Hamburg, Germany, in 1977, Engel & Völkers draws on its rich European history to deliver a fresh approach to luxury real estate in the Americas with a focus on creating a personalized client experience at every stage of the home buying or selling process. Engel & Völkers currently operates approximately 300 shop locations with over 6,500 real estate advisors in the Americas, contributing to the brand's global network of over 16,600 real estate professionals in more than 30 countries, offering both private and institutional clients a professionally tailored range of luxury services, including real estate and yachting. Committed to exceptional service, Engel & Völkers supports its advisors with an array of premium quality business services; marketing programs, and platforms; as well as access to its global network of real estate professionals, property listings, and market data. Each brokerage is independently owned and operated. For more information, visit www.evrealestate.com.

Media Contact

Kaitlin Weigelt, Engel & Völkers Florida, 1 2393489000, [email protected], Engel & Völkers Florida

SOURCE Engel & Völkers Florida

Modal title

Tom Phanco, Franchisee of Engel & Völkers Trinity
Tom Phanco, Franchisee of Engel & Völkers Trinity
Nicole "Nikki" Musgrave, Managing Broker of Engel & Völkers Trinity
Nicole "Nikki" Musgrave, Managing Broker of Engel & Völkers Trinity
Peter Giese, CEO of Engel & Völkers MLP Florida
Peter Giese, CEO of Engel & Völkers MLP Florida
Clarence J. Butt, Franchisee of Engel & Völkers Trinity
Clarence J. Butt, Franchisee of Engel & Völkers Trinity
Tom Phanco, Franchisee of Engel & Völkers Trinity Nicole "Nikki" Musgrave, Managing Broker of Engel & Völkers Trinity Peter Giese, CEO of Engel & Völkers MLP Florida Clarence J. Butt, Franchisee of Engel & Völkers Trinity

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