FAQ: Engel & Völkers North Georgia Mountains Strategic Shareholder Transition with LH Group
Summary
Engel & Völkers Atlanta and North Georgia Mountains has completed a strategic shareholder transition where LH Group becomes the new majority shareholders and license partners of the North Georgia Mountains office. This move strengthens regional presence and supports continued growth in the North Georgia luxury real estate market.
What is the main announcement in this content?
Engel & Völkers Atlanta and North Georgia Mountains has completed a strategic shareholder transition where LH Group becomes the new majority shareholders and license partners of the North Georgia Mountains office, moving to local ownership and operation.
Who is involved in this transition?
The transition involves Engel & Völkers Atlanta and North Georgia Mountains, Christa Huffstickler (founder and CEO who remains a shareholder), and LH Group (Linda Baker and Heather Foresman), who are now the majority shareholders.
Why is this transition significant?
This move represents a major milestone for local ownership and operation, strengthens regional presence, and supports continued expansion in North Georgia’s luxury real estate market, which is emerging as a premier destination for second homes and investment properties.
What experience does LH Group bring to this partnership?
LH Group combines 22 years of real estate experience, has consistently ranked as the No. 1 Small Team in Northeast Georgia, and is the No. 8 Top Producing Team worldwide within Engel & Völkers.
How will this transition benefit the North Georgia Mountains market?
The transition will create a more community-oriented culture, expand brand visibility through local engagement, and support advisors with hands-on leadership and strategic growth initiatives while maintaining Engel & Völkers’ high standards of excellence.
What is the performance outlook for the North Georgia Mountains real estate market?
The market continues to outperform expectations with more than 25 sales above $3 million in the last year, limited competition, sweeping scenery, and convenience of being within a single day’s drive from Florida.
What is Engel & Völkers’ Private Office and how is LH Group involved?
Engel & Völkers’ Private Office represents the highest level of service in luxury real estate with a client-first approach, and LH Group is a proud member of this prestigious program as a result of their partnership with the brokerage.
How has Engel & Völkers been performing in the broader market?
Engel & Völkers’ brand continues to demonstrate strength and stability, outperforming the market by 6% in 2024, with more than one in-network referral closing every day within the Engel & Völkers Americas network.
What geographic areas does LH Group serve?
LH Group serves clients across Georgia, North Carolina and Tennessee, maintaining a personalized, community-focused approach that has helped accelerate growth in the North Georgia Mountains region.
Where can I learn more about Engel & Völkers Atlanta and North Georgia Mountains?
You can visit Engel & Völkers Atlanta or Engel & Völkers North Georgia Mountains for more information about their services and offerings.
This story is based on an article that was registered on the blockchain. The original source content used for this article is located at citybiz
Article Control ID: 256759