In a significant move for the local real estate industry, Pasadena’s boutique brokerage, Deasy Penner Podley (DPP) Real Estate, said it is aligning with the national firm, Compass. The announcement was made on Tuesday, marking a new chapter for the well-regarded local firm.
Founded in 2005 by George Penner and Mike Deasy, DPP has been a stalwart of the Pasadena real estate scene. With over 175 agents and a sales volume of $1.25 billion in 2022, DPP has been serving an area spanning from Santa Monica to Palm Springs.
The merger will see DPP becoming part of Compass’s expansive network, but retaining its local focus. The firm will now be known as DPP @ Compass.
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