Barron N. Hilton and Tessa Hilton, co-founders and co-CEOs of Hilton Hilton, have left the company to join Compass. The move comes shortly after Compass announced its $1.6 billion deal to acquire Anywhere Real Estate, which is expected to close in the second half of next year.
“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,” Barron and Tessa Hilton said in a joint statement provided to The Real Deal.
Hilton Hilton listed 12 licensed brokers and salespeople in California as of early Thursday, according to Department of Real Estate records. It is not clear how many agents or support staff will join the Hiltons at Compass.
The couple pointed to Compass’ scale, technology, and marketing resources as key reasons for 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.
Barron and Tessa Hilton plan to form a multi-market team based out of Compass’ Beverly Hills office with an additional presence in Palm Beach. They previously operated offices under their own brand in both markets.
Their listings moving over include a six-bedroom home at 1305 Collingwood Place in Hollywood Hills with an asking price just under $29 million.
The Hiltons’ family has longstanding ties in real estate and hospitality. Barron Hilton’s father, Rick Hilton—who launched Hilton Hilton with them in March 2023—confirmed he will continue working independently under the Hilton Hilton name. “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,” Rick Hilton stated. “Hilton Hilton was a shared collaborative effort, and I’m incredibly proud of what we built together.”
Rick Hilton co-founded the earlier boutique brokerage firm Hilton & Hyland with Jeff Hyland in 1993. Alumni from that firm now lead several prominent agencies handling high-end residential transactions.
After launching last year, Hilton Hilton became involved in litigation when Rick Hilton’s previous firm alleged it was owed back rent from subleased space at its former offices on North Canon Drive.
In June, Tessa and Barron represented Paris Hilton—Barron’s sister—and Carter Reum during their $63.1 million purchase of a residence once owned by Mark Wahlberg at Beverly Park. In July, they represented Scale AI co-founder Lucy Guo for her $29.5 million purchase on North Doheny Drive.
