Corcoran Group Expands to Rhode Island with Corcoran Chart House Realty in Coastal Enclaves

Corcoran Group LLC, one of the leading real estate firms in the country, has announced the launch of its newest affiliate, Corcoran Chart House Realty, in Rhode Island. The firm will be led by broker/owner Matthew Antonio and will serve clients in the state's coastal and heritage communities.

According to Antonio, the decision to join forces with Corcoran Group was an easy one. "The Corcoran brand is synonymous with luxury and exceptional service, and I am excited to bring that to Rhode Island's real estate market," he said in a statement.

With this expansion, Corcoran Group now has a presence in over 50 markets across the United States. The move into Rhode Island's coastal enclaves is seen as a strategic move to capitalize on the state's popular vacation spots and growing real estate market.

However, some industry experts have raised concerns about the potential impact of a large, out-of-state firm entering the local market. "We've seen this before with other big players coming in and dominating the market, pushing out smaller, local firms," said one real estate agent who wished to remain anonymous.

This expansion also raises questions about potential conflicts of interest, as Corcoran Group's parent company, Realogy, has a large stake in the Rhode Island real estate market through its subsidiary, NRT. Some have raised concerns about the potential for preferential treatment for Corcoran Chart House Realty's clients in a highly competitive and lucrative market.

Despite these concerns, Corcoran Group and its new affiliate