PARK CITY, UT - Pivotal Group, a thirty year old investment firm with experience in private equity and real estate investments, has chosen to renew its partnership with Summit Sotheby’s International Realty as its exclusive sales and marketing firm for Promontory in an aim to capitalize on the agency’s widespread affiliate network. Promontory is Pivotal Group's 7,200+ acre, four-season recreational community adjacent to Park City/Deer Valley, Utah.
Through the partnership, Promontory hopes to boost sales at its luxury, multi-generational golf and recreational community both domestically and internationally, said Rich Sonntag, Managing Director at Promontory. “We know by continuing to partner with the Sotheby's International Realty brand, they will enhance and help us reach the local Utah market we are currently in, and reach other national and international markets”. “When you think of Sotheby’s Realty, in Park City or anywhere in the world, you associate it with luxury real estate, and that appeals to us. We’re brand conscious and it is just a good fit,” he said.
"We are excited to renew our partnership with such an established player in Park City and look forward to working collaboratively together to create further value from this relationship" said Thomas Wright, President and Principal Broker. “I think we will be able to continue bringing a very select group of qualified buyers to this project from our Sotheby's International Realty affiliates in our feeder markets around the nation." Promontory Club represents the Summit Sotheby's International Realty firm’s first and longest development property in Park City. For more information about Promontory, visit www.PromontoryClub.com. About Summit Sotheby's International Realty: Summit Sotheby’s International Realty was organized in 2008 and became the exclusive Sotheby’s International Realty company for the state of Utah. In our first year we produced $135 million in sales volume. In 2015 we will produce over $1.4 billion in annual sales volume making us the market share leader in the Park City area. The firm has numerous offices and over 130 brokers and support staff associates serving some of Utah’s best-known luxury markets in Park City, Deer Valley® Resort, Heber, Midway, St. George and metropolitan Salt Lake City.