Beverly Hills-based broker Tomer Fridman is returning to Compass after spending a little over one month at Hilton & Hyland.
Fridman first started at Compass in April of 2017. At the end of January 2021, the broker announced that he and his 11-person team, The Fridman Group, were moving to Hilton & Hyland, citing a desire to hone the team’s brand within the L.A. market. But as of Friday, the team is back with Compass.
“This was a very arduous and complex business decision,” a representative for Fridman said in a press statement. “Tomer has an incredible level of respect and admiration for Hilton & Hyland, its founders, staff, and agents.”
The celebrity broker whose clients include the Kardashian-Jenner family, Britney Spears and Jennifer Lopez, among others, moved to Compass from Sotheby’s International Realty in 2017.
During 2020, Fridman earned nearly $540 million in sales volume. His current portfolio amounts to over $1 billion, which includes properties like Eva Chow’s Holmby Hills estate for $65 million and the Viewpoint Collection’s Louis Kahn-inspired Hollywood Hills estate for $28.5 million.
“We are thrilled to welcome Tomer Fridman back to the Compass family,” Compass Founder and CEO Robert Reffkin said in a statement. “From his knowledge and expertise to his authenticity and integrity, Tomer encompasses all of the characteristics of a Compass agent.”
The exact reason for Fridman’s decision to return to Compass was not disclosed and a spokesman for Compass declined to reveal any details. The Fridman Group will continue to be based out of Compass’ Beverly Hills offices.
Hylton & Hyland did not immediately respond to a request for comment.
Update: An earlier version of this story included context drawn from a statement released by Compass detailing why Fridman returned to the brokerage, but that statement was later redacted from the press release after Fridman contested it.