New Corcoran Group affiliate emerges in California

Some former members of California-based Corcoran Global Living, which had been Corcoran Group’s largest affiliate and suddenly and surprisingly announced the shuttering of the company in late 2022, have banded together to form a new Corcoran affiliate Corcoran Icon Properties. Corcoran Global Living was one of the nation’s largest brokerages with over $8.1 billion in annual sales, so this transition is notable for the industry.