Corcoran Cayman Islands, owned and led by Paul Young, is the latest Caribbean affiliate of Corcoran LLC.
The firm, which was formerly known as Prime Locations Cayman was founded in 2016 by Young. Located in the heart of Seven Mile Beach, the team recently moved into a new office at The Grove, which also serves as a sales gallery.
Born in Canada, Young started his sales-oriented career in the 1980s, and his journey has taken him through several start-ups and experiences with notable area developers. He is also the sole shareholder and a member of CIREBA (Cayman Islands Real Estate Brokers Association) since 2002.
“We are a company that operates on three important principles: product knowledge, communication, and follow-through. These cornerstones ultimately translate into a very positive, trusting experience for our clients,” said Young.
“The Cayman luxury property market, as well as our high quality of life and infrastructure, position us as one of the premier destinations for Caribbean real estate. We look forward to introducing clients to the many compelling opportunities now available through the wider Corcoran network.”
The announcement of the launch of Corcoran Cayman Islands, made by Pamela Liebman, President and CEO of The Corcoran Group, marks a milestone for the firm’s global footprint.
“Our presence in the Caribbean is extremely important as we continue to grow our global footprint, and this arrival into the Cayman Islands is no exception,” said Liebman.
“The importance that Paul and his team have placed on teamwork and a tight-knit working environment are invaluable, and perfectly in-line with our values at Corcoran. I’m pleased to welcome Corcoran Cayman Islands to our robust network and I’m confident that they will help us attract more U.S.-based buyers to the region.”
The Corcoran Group, a leading residential real estate brand and part of the Realogy brand portfolio, has been recognized as one of the fastest growing franchisors in the industry. The brand is now represented by more than 5,500 agents across 120 markets from California to Florida, New York to the British Virgin Islands, and many urban and second home markets in between.