Dallas real-estate advisor Bernard Uechtritz on Wednesday announced his company Icon Global has a nearly $4 billion inventory of off-market private listings.
“Our Black Label portfolio provides both buyer and seller anonymity in deals starting from around $10 million all the way up to our current inventory leader priced at about $800 million,” Uechtritz said in a press release. “Some of these deals may be distressed or others simply personally discreet for family security reasons or otherwise unwilling to utilize public marketing and existing conventional brokerage services for whatever reason.”
The Privé Black Label includes vineyards, chateau, boutique and brand hotels, private golf courses, beach and mountain villas, farmland, manor estates, and penthouses. Uechtritz is marketing the inventory to private investors for real estate and business opportunities in Italy, Portugal, France, England, Spain, and Switzerland.
“So, whether it’s a private penthouse in London, a 500-year-old chateau, a Saint Emilion, Pomerol or Grand Cru Classe vineyard in Bordeaux, Burgundy, Champagne or Provence, a boutique or known brand hotel in Paris, Cannes or London, a small villa in a French or Italian village, a secure waterfront compound in St. Tropez or a mountain ski retreat, chances are, we have it or access to it,” Uechtritz said in the release.
Qualified and registered investors, sellers, and buyers will be afforded the opportunity to discuss their interests in the inventory confidentially before being introduced directly to European representatives.
“Over the past few years, we have studied the market and sales environment culture as well as looked at, advised on, or transacted several trades and deals in Europe, including several of my own,” Uechtritz said. “Additionally, we have come to know any number of U.S. citizens, including existing clients, who already own vineyards, chateaux, or other interesting properties or various business interests overseas. So, we have built an end-to-end team, property inventory, and a discrete personal process around all those factors.”
Icon Global led a team in 2016 that sold W.T. Waggoner Ranch in North Texas, one of the largest in the country, to billionaire Stan Kroenke. The husband of Walmart heiress Ann Walton Kroenke, he owns the Los Angeles Rams, Denver Nuggets, Colorado Avalanche, and the Premiere League’s Arsenal F.C.
