Douglas Elliman sells property management arm for $85 Million
Douglas Elliman sold its property management division to PMG Holdings (Associa) for $85 million, retaining licensing and referral agreements and expecting a large Q4 gain.
Does the Compass-Anywhere merger 'close the book' on competition?
Consolidation in real estate prompts uncertainty for franchisees and agents while independent brokerages see opportunity and maintain strength in major markets.
Tech billionaires have dropped $250M on Bay Area mega compounds
Billionaire tech executives are buying and combining neighboring luxury properties to create expensive, fortified residential compounds in exclusive Bay Area neighborhoods.