HomeEverything
Equities & FundsCrypto & Digital AssetsAI & TechnologyBusiness & CorporateUS Politics & PolicyGeopolitics & Global RiskMacro, Rates & FXCommodities & EnergyEuropean Politics & MarketsAsia-PacificReal Estate & Property
← All Stories

DeCaro Auctions Expands Global Luxury Real Estate Operations

Created at 29 Jun · 4:45 PM1 source↑ Market-relevant
IN SHORT

DeCaro Auctions is expanding its operations across North America, the Asia-Pacific region, and Mexico to bolster its international luxury real estate auction platform. The firm has appointed new managing directors and advisors to lead these expansion efforts.

✉Newsletter

PiQ Daily

Pick your topics. Get only what matters, on your cadence.

Who's Involved

DeCaro Auctions
Luxury real estate auction firm
Will Wagner
Managing director for the U.S. and Canada
Joyce Lee
Managing director for Asia Pacific and Hong Kong
Mitch Abundis
Private client advisor and Mexico director
Joshua Hawkins
Private client advisor for the United States
Tyler Lively
U.S.-based property experience director
Mario Vargas
CEO of DeCaro Auctions
DeCaro Auctions Expands Global Luxury Real Estate Operations

↳ Why This Matters

The expansion by DeCaro Auctions signals a growing trend in the luxury real estate market towards globalized auction platforms and increased acceptance of auctions as a primary sales method, potentially impacting property valuations and transaction speeds internationally.

Key facts

  • DeCaro Auctions is expanding its operations into North America, the Asia-Pacific region, and Mexico.
  • Will Wagner has been appointed managing director for the United States and Canada.
  • Joyce Lee, based in Hong Kong, will serve as managing director for Asia Pacific and Hong Kong.
  • Mitch Abundis's role as private client advisor and Mexico director has been expanded.
  • Joshua Hawkins and Tyler Lively have joined as U.S.-based private client advisor and property experience director, respectively.

DeCaro Auctions is undertaking a significant global expansion, extending its reach into North America, the Asia-Pacific region, and Mexico. This strategic move aims to strengthen its international luxury real estate auction platform by establishing a presence in key wealth capitals.

To support this expansion, the company has announced several key leadership appointments. Will Wagner will lead operations as the managing director for the United States and Canada. In Asia, Joyce Lee, based in Hong Kong, has been appointed managing director for Asia Pacific and Hong Kong. Mitch Abundis will expand his existing role as private client advisor and Mexico director. Additionally, Joshua Hawkins has joined as a private client advisor for the United States, and Tyler Lively has been appointed as a U.S.-based property experience director.

Company leadership emphasized the importance of local relationships for executing international campaigns. Joshua Hawkins noted the increasing acceptance of auctions in the luxury real estate market, citing the transparency and competitive environment they offer. Mitch Abundis highlighted Mexico's appeal to international buyers seeking properties for vacation or investment.

This expansion follows DeCaro Auctions' recent partnership with REALM Global, a private network of luxury real estate advisors.

Frequently asked questions

DeCaro Auctions is expanding into North America, the Asia-Pacific region, and Mexico.

Will Wagner is the managing director for the U.S. and Canada, and Joyce Lee is the managing director for Asia Pacific and Hong Kong.

The expansion aims to strengthen DeCaro Auctions' international luxury real estate auction platform by establishing a presence in key wealth capitals and leveraging local relationships.

What Happens Next

01DeCaro Auctions will focus on executing world-class campaigns across borders with its new leadership.
02The company will leverage its new advisors and expanded roles to engage with international clients.

Get the newsletter.

Pick the topics you actually care about. We'll email when there's news worth your time, on the cadence you choose. Cancel any time from your account.

Cadence

How It Developed

DeCaro Auctions announced a global expansion into North America, Asia-Pacific, and Mexico.
Will Wagner was appointed managing director for the U.S. and Canada.
Joyce Lee was named managing director for Asia Pacific and Hong Kong.
Mitch Abundis expanded his role as private client advisor and Mexico director.
Joshua Hawkins and Tyler Lively joined as U.S.-based advisors.

Sources

T1
DeCaro auctions announces global market expansionHousingWire

Related Stories

Supreme Lending launches Supreme CASA to expand Hispanic homeownership
29 Jun · 2:45 PM
Bed Bath & Beyond outlines housing platform strategy with three pilot programs
29 Jun · 5:05 PM
AI wealth fuels luxury real estate shifts, The Agency report finds
29 Jun · 6:05 PM
Rainy Hake Austin on The Agency's Growth Strategy: Culture Over Scale
29 Jun · 10:06 AM
Greystar Fund Buys Dublin Student Housing Property
29 Jun · 4:55 PM