MIAMI—At Douglas Elliman, they lost one andgained one. Power broker Horacio LeDon, presidentof Douglas Elliman Development Marketing forFlorida and California, has resigned. Meanwhile, real estatepowerhouse Eloy Carmenate has joined the firm asexecutive director.

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LeDon, known for a 13-year career selling billions of dollars innew development deals in New York, Miami and LA, said he's pursuinghis own development opportunities. Still, he will remain licensedas a real estate broker with Douglas in the New York, Californiaand Florida offices.

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“I am lucky to have been given the opportunity to work withSusan de França, who has been a game changer forDouglas Elliman,” LeDon says. "I was surrounded by such a talentedgroup of development professionals who I trusted implicitly withoverseeing the portfolio of projects both in Florida andCalifornia."

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Since joining Douglas in 2013, LeDon spearheaded all projects inFlorida and then California when the company was selected toexclusively handle the sales and marketing for Metropolis LosAngeles. While overseeing the new development category in Florida,LeDon helped grow the portfolio from $500 million to over $5billion dollars.

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For his part, Carmenate is ranked in the top 1% of producers inthe US, number seven in Miami, and was recently announced byThe Wall Street Journal as number 81 of the top 1,000agents nationally. He will work as a close liaison betweendevelopers and lead the in-house sales team for luxurypre-construction buildings.

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Carmenate brings over 20 years of residential and developmentexperience to Douglas. He has been named as the sales director ofEighty Seven Park, the new Terra project withco-developer partners Bizzi and NewValley. Carmenate's philosophy is to provide nothing shortof VIP treatment every step of the way.

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“We are thrilled to welcome such a remarkable agent to theDouglas Elliman team,” says Jay PhillipParker, CEO of Douglas' Florida brokerage.“Carmenate is highly regarded both regionally and nationally as apoised and driven real estate agent serving elite luxury clientele.He continuously defies expectations in all that he does and we lookforward to supporting his future success.”

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Before joining Douglas, Carmenate was the number three salesagent at Sotheby's International where he servedas executive vice president for six years. In this position,he assisted the Towers and Mixed Use Properties Initiative at ONESotheby's International Realty.

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Previously he served as vice president ofConstructa and consulted for some of the topdevelopment firms around the globe. Carmenate has had severalrecord-setting sales including the Penthouse at the Setai, which hesold for $20 million.

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Through this sale, Carmenate set a new precedent in the regionbeing the first agent in Florida to sell a condo at that pricepoint. Other notable sales include over $100 million at Glass, an18-story residential tower where he served as the exclusive salesagent and the penthouse condo at 1500 Ocean Drive that is nowlisted for $19.5 million.

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