Cascade Sotheby’s International Realty
Bend’s real estate market is getting a much needed boost that will strengthen the position of one of the region’s top real estate firms. On Tuesday, Nov. 16, Cushman & Tebbs Sotheby’s International Realty announced that it had changed ownership and is now Cascade Sotheby’s International Realty.
With a new investment group from Palm Springs, California who sees the value in the Bend market, Cascade Sotheby’s International Realty is in a great position to move forward and grow. “The new investors see the opportunity in the Bend market and believe that this is the right time for a capitalization strategy in our firm,” said Deb Tebbs, president and owner of Cascade Sotheby’s. “Bend is one of those places where the property values declined so rapidly, and we believe we will recover that much faster. That is what our new partners believe as well.”
Cascade Sotheby’s . . . Management Team
Cascade Sotheby’s has also announced that industry leader, Wendy Adkisson, will be joining the management team as principal broker and manager of the company’s day to day operations. Adkisson brings 25 years of real estate experience, as well as industry leadership. She has held the position of president of Central Oregon Association of Realtors (COAR), and she currently serves on OREF State Forms Committee, MLS Executive Committee, COAR Professional Standards Committee, Chairperson of COAR Education Committee, and serves on the COAR Board of Directors (phew . . . that’s a lot of acronyms!). “I am excited and honored to have the opportunity to guide this leading team of real estate Brokers to their highest level of performance,” said Adkisson. According to Tebbs, recruiting Adkisson was a strategic move that was needed to take the company forward. “Wendy brings a depth of experience and leadership to our team that is fundamental to the level of growth we aim to attain.” said Tebbs. “We are truly excited to have her on our team.”
Cascade Sotheby’s . . . Historcial Perspective
Cushman & Tebbs Sotheby’s International Realty was launched in 2006 under the leadership of Deb Tebbs and Cate Cushman and quickly became one of Bend’s highest volume real estate firms. Through the real estate market decline, the company has remained stable, keeping all of its offices open while continuing to grow.
Tebbs and her management team see the investor funding as an opportunity to continue to recruit the top brokers in the area, and remain the leader in luxury real estate in Oregon.
Cushman will remain with Cascade Sotheby’s as a broker focused on continuing the level of customer service and sales to which her clients have become accustomed.
Cascade Sotheby’s International Realty is optimistic that they are poised to be in the perfect position to witness the real estate recovery in Central Oregon.
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