Partners Trust Acquires Areté Estates in Malibu

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Partners Trust, a real estate office located in Malibu, has acquired Areté Estates, a Malibu-based luxury real estate firm known for representing high-net-worth clients and properties. The acquisition was a result of a 25-year friendship with the top agent and Associate Broker at Areté Estates, Katie Bentzenm, and founding partner or Partners Trust, Richard Stearns, that began when they worked together at Fred Sands.

The Malibu headquarters has been rebranded as Partners Trust, and will serve as its sixth location in the greater Los Angeles area. Other locations include Beverly Hills, Santa Monica, Brentwood and Pasadena.