Barron N. Hilton and Tessa Hilton, co-founders and co-CEOs of Hilton Hilton, have left their firm to join Compass. The couple will operate out of Compass offices in Beverly Hills and Palm Beach.
Their departure follows the announcement that Compass is set to acquire Anywhere Real Estate for $1.6 billion, with the transaction expected to close in the second half of next year.
In a joint statement provided to The Real Deal, Barron and Tessa Hilton said: “We are making a strategic move to Compass to position not only ourselves, but most importantly, our clients for long-term success in an increasingly competitive market.”
Hilton Hilton had 12 licensed brokers and salespeople listed in California as of early Thursday, according to Department of Real Estate records. It remains unclear how many agents or staff members will follow the Hiltons to Compass.
The couple cited Compass’ resources as key factors in their decision. “As part of this next chapter, we invite our agents to join us at Compass, where they will have access to the tools and platform needed to thrive,” they said.
They plan to build a multi-market team based out of Beverly Hills and establish what they described as a “strategic presence” in Palm Beach. Previously, their brokerage operated offices under its own name in both markets.
Barron and Tessa Hilton are bringing their listing at 1305 Collingwood Place—a six-bedroom, eight-bathroom home priced just under $29 million—to Compass.
The Hiltons come from a well-known family that includes hotel magnate Conrad Hilton and influencer Paris Hilton. They launched their brokerage with Barron’s father Rick Hilton in March 2023.
Rick Hilton confirmed he will continue working independently under the Hilton Hilton name. In his statement to The Real Deal he said: “I will remain an active independent broker, continuing to serve my long-term clients, a portfolio of some of the world’s most influential individuals and families.” He added: “Hilton Hilton was a shared collaborative effort, and I’m incredibly proud of what we built together.”
Rick Hilton previously co-founded boutique brokerage Hilton & Hyland with Jeff Hyland in 1993. That firm helped shape several current leaders in luxury real estate such as Drew Fenton and Ed Leyson (Carolwood Estates) as well as Rayni and Branden Williams (Beverly Hills Estates).
Shortly after launching last year, Hilton Hilton became involved in litigation when Rick Hilton’s former firm filed suit alleging unpaid rent related to subleased space at 270 North Canon Drive.
Since then, the company has kept a low profile except for notable deals including representing Paris Hilton—Barron’s sister—and her husband Carter Reum on their $63.1 million purchase of 71 Beverly Park from Mark Wahlberg’s former residence earlier this year. In July, Barron and Tessa also represented Scale AI co-founder Lucy Guo on her $29.5 million acquisition at 1680 North Doheny Drive.
