As CEO of MDF Development, Frank DiMaggio has built one of Arizona’s premier luxury development firms, delivering many of the region’s most distinguished remodels and ground-up custom residences—projects that consistently achieve record-setting sales and set a new benchmark for design and execution. Identifying a gap in luxury real estate representation rooted in true construction expertise, DiMaggio became a licensed real estate professional, offering clients sophisticated advisory services informed by hands-on development experience and investment-focused insight when navigating complex, high-value assets.

Expanding his impact on the Arizona market, DiMaggio recently acquired The Agency Arizona, assuming ownership of the state’s flagship office for the globally recognized luxury brokerage. The purchase further solidifies his role as one of the region’s most influential leaders at the intersection of development, investment, and luxury real estate representation.

With more than $100 million in personal real estate investments throughout his career, DiMaggio brings a uniquely informed, investor-focused perspective to both leadership and client advocacy. In a market defined by limited inventory, aging housing stock, and rapidly evolving buyer expectations, his command of valuation, construction costs, and remodeling strategy delivers a decisive advantage to both clients and agents. His long-standing collaboration with acclaimed interior designer Lauren Wallace has produced some of the area’s most refined luxury residences, many achieving top price-per-square-foot records in Paradise Valley and Scottsdale.

DiMaggio has consistently delivered headline-making results, including the sale of Arizona’s most expensive residential lot—a 1.25-acre parcel that closed for $7 million, setting a state record of $129 per square foot for raw land and contributing to the highest price ever paid for a single residential lot at $12.5 million. He has also represented one of the highest price-per-square-foot residential sales in Phoenix history, closing a single-family home in Arcadia Proper at $1,161 per square foot.

Annual Sales Volume:
2020 – $105,000,000
2021 – $95,000,000
2022 – $103,000,000
2023 – $106,000,000
2024 – $83,000,000
2025 - $86,000,000
At the helm of The Agency Arizona, DiMaggio is focused on expanding the firm’s market influence, empowering agents, and elevating the client experience across Arizona’s most sought-after luxury markets. Through the rare combination of development expertise, elite sales performance, and deep community roots, he is uniquely positioned to lead both his organization and the Arizona luxury market into 2026 and beyond.