Luxury Real Estate Broker Tyrone McKillen Leaves Official After Less Than Two Years
Introduction
Tyrone McKillen, a leading luxury real estate broker in Los Angeles, has announced his departure from Official, a prominent real estate brokerage firm. McKillen joined Official in early 2023 to spearhead the company’s expansion into the LA market, bringing with him a team of eight agents and over $500 million in listings. However, just weeks after the co-founders of Official, Oren and Tal Alexander, stepped down amid allegations of sexual assault, McKillen has decided to leave the company.
Background
McKillen’s departure from Official comes as a surprise, as he was a key figure in the company’s efforts to establish itself in the competitive LA luxury market. Prior to joining Official, McKillen founded and served as principal of Plus Development Group, a development and design firm based in LA.
Reasons for Departure
While Official has not publicly commented on McKillen’s departure, sources close to the matter indicate that the decision was likely due to the company’s recent turmoil. In July 2024, Oren and Tal Alexander stepped down from their positions as co-founders and brothers in response to mounting lawsuits alleging they were perpetrators of rape and sexual assault. The allegations have had a significant impact on the company’s reputation and operations.
Consequences for Official
McKillen’s departure from Official is likely to have significant consequences for the company. As one of the most successful luxury real estate brokers in LA, his departure will likely lead to a loss of listings and clients. Moreover, McKillen’s team of eight agents will also be leaving the company, which could further exacerbate the issues facing Official.
What’s Next for McKillen
At this time, it is unclear what McKillen’s plans are for the future. However, sources indicate that he is likely to start his own brokerage firm or join an existing one. McKillen has a strong reputation in the LA real estate market, and his departure from Official is likely to be a significant blow to the company.
Conclusion
Tyrone McKillen’s departure from Official is a significant development in the world of luxury real estate. As one of the most successful brokers in LA, his departure is likely to have significant consequences for the company. The reasons for his departure are unclear, but it is likely that the company’s recent turmoil played a significant role. Only time will tell what the future holds for McKillen and Official.
FAQs
Q: Why did Tyrone McKillen leave Official?
A: McKillen’s departure from Official is likely due to the company’s recent turmoil, including the allegations of sexual assault made against the co-founders.
Q: What will happen to McKillen’s team?
A: McKillen’s team of eight agents will also be leaving Official, which could further exacerbate the issues facing the company.
Q: What are the consequences for Official?
A: McKillen’s departure will likely lead to a loss of listings and clients, and could further damage the company’s reputation and operations.
Q: What’s next for Tyrone McKillen?
A: At this time, it is unclear what McKillen’s plans are for the future. However, sources indicate that he is likely to start his own brokerage firm or join an existing one.
Q: How will this affect the LA luxury real estate market?
A: McKillen’s departure from Official could have significant consequences for the LA luxury real estate market, as he was a key figure in the company’s efforts to establish itself in the competitive market.
Author: www.inman.com
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