realestate

The Rise and Fall of a Family's Fortune in Six Months

Oren and Tal Alexander's brokerage, Official Partners, expands with new Aspen office and future Palm Beach plans.

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n March, Oren and Tal Alexander's luxury real estate business, Official Partners, was thriving with a new office in Aspen and plans for expansion to Palm Beach. However, their fortunes took a stunning turn when they appeared before judges on separate charges - Oren and his twin Alon facing state sexual assault allegations, while Tal faced federal sex trafficking charges. The brothers were deemed flight risks and dangers to the public, ordered to remain in custody.

    An indictment alleges that Alon compiled information on women who accused the brothers of sexual assault, adding to a pattern of intimidation tactics and reliance on their wealth and status to silence accusers. The brothers have denied the allegations, but their reputation has been severely damaged by mounting accusations over the past six months.

    The first lawsuits were filed in June under New York's Adult Survivors Act, which temporarily lifted the statute of limitations for civil sexual assault claims. Since then, multiple women have come forward with allegations against the brothers, including a woman who claimed Tal and Alon raped her at the same time in an attack orchestrated by Oren.

    The FBI launched its own investigation into the brothers in July, pursuing allegations of assaults dating back to their high school days two decades ago. The agency declined to comment initially but agents from a child exploitation and sex trafficking task force were reportedly involved.

    As the allegations mounted, the Alexanders' team at Official Partners began to unravel. The firm lost all its agents and co-founders after Oren stepped back from the business in June, claiming he wanted to minimize distraction while the suits were adjudicated. Tal followed suit weeks later, but the damage was done - exclusive sales agreements dried up, and agents fled.

    The Alexanders' exit negotiations with Official Partners soured, leading them to plot a return to the top of the company. However, their plans were foiled when Side, the white-label firm that backed Official Partners, sued them for breaching their contract and failing to repay a loan in the millions of dollars.

    The brothers' father, Shlomy, is now at the center of their bids for release, with his waterfront Bal Harbour home being used as collateral. If Oren and Alon fail to appear in court while out on bail, Shlomy will be liable for $5 million.

Family's fortune chart showing rapid rise and fall over six months.