Stuart Siegel, the Americas chief strategy officer, will serve as interim president and CEO until a permanent replacement has been found for Hitt, who has served with the luxury brand since 2010. Continue reading
Ye’s new mansion spans about 20,000 square feet and sits on about seven acres. The property last sold for $24.5 million in 2022. Continue reading
The temporary restraining order alleges that Tal and Oren Alexander moved the underlying collateral on a loan that the firm extended to Official Partners two years ago in a potential attempt at “dissipating the assets.” Continue reading
Davis and her team, the Wendy Davis Group, join the firm from eXp Realty. Davis will manage operations at Coldwell Banker Realty’s Sherman Oaks and Studio City offices. Continue reading
The company’s Q3 revenue clocked in at $83.7 million while net losses rose to $8.1 million as Fathom faced an uncertain market and dealt with expenses related to a $3 million NAR settlement contingency. Continue reading
The virtual brokerage grappled with losses as it paid out its settlement in antitrust commission lawsuits and increased agent losses in a bid to offload less productive agents from the platform. Continue reading
In advance of his retirement from the firm, Lorber allegedly underwent a five-hour-long internal inquiry, Bloomberg reported, during which he disclosed intimate relationships with agents Jennine Gourin and Jessica Cohen. Continue reading
New company CEO Michael Liebowitz stressed in an investors call Thursday morning that Douglas Elliman is seeking to diversify its revenue streams and increase ROI as it enters a “new era.” Continue reading
Across 10 states, ballot measures ask voters to weigh in on changes to property taxes, veterans benefits and more. One even considers whether or not to abolish property taxes altogether. Continue reading
Amerivest Realty owner Joe Ballarino has brought a slew of agents based out of Florida, Colorado, Minnesota and Wisconsin to the cloud-based brokerage, according to an announcement Monday. Continue reading