Frank DiMaggio is the co-founder of MDF Development and the Managing Partner of Launch/Compass based in Scottsdale Arizona. As a real estate agent Frank has consistently ranked among the top 10 producers in the industry, boasting impressive sales figures of $106 million in 2021, $95 million in 2022, and $103 million in 2023. Frank is the Managing Partner of Launch/Compass and was awarded “2021 Deal Maker of the Year”. As the CEO of MDF Development, Frank has spearheaded one of the valley’s preeminent luxury building companies. MDF has consistently put out some of the valley’s top remodel and new build product selling for record breaking numbers. Recognizing a gap in the real estate representation sector, particularly for clients dealing with luxury properties, Frank embarked on founding The Builders Group alongside his construction endeavors to offer a new level of service and knowledge to the buying and selling process.
With a track record of over $100 million in personal real estate investments in the last five years, Frank's investment-oriented approach is as sharp as ever. In a market characterized by limited inventory and imperfect properties, Frank's expertise in reimagining homes shines through. His insights into remodeling and rebuilding costs offer invaluable guidance to clients, supported by a vast network of professionals in architecture, construction, and design. Specializing in the Paradise Valley and Scottsdale markets, Frank collaborates with renowned interior designer Lauren Wallace, creating some of the area's most exquisite properties and setting records for highest price per square foot sales.
Recently, Frank made waves in the industry by selling Arizona's most expensive residential real estate lot—a 1.25-acre parcel fetching an astonishing $7 million, setting a record at $129 per square foot for raw land. Frank also sold the 3rd most expensive price per square foot single family house in the history of Phoenix (Arcadia Proper) at $1,161. He is the only agent to average 100 million dollars in sales for the first 3 years as a full time residential real estate agent in Arizona history.
Beyond his real estate ventures, Frank's background as a former professional baseball player and his lineage as a relative of Yankee legend Joe DiMaggio.