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Concord Pacific and HB Management to Become the Majority Shareholder in HQ Capital Real Estate

Concord Pacific and HB Management to Become the Majority Shareholder in HQ Capital Real Estate
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MOVING FORWARD, CONCORD PACIFIC AND HB MANAGEMENT WILL MAINTAIN A CLOSE STRATEGIC RELATIONSHIP WITH GLOBAL INVESTMENT ADVISORY FIRM, HQ CAPITAL
NEW YORK, VANCOUVER, BC, SEATTLE, HONG KONG, June 9, 2021 /PRNewswire/ - Concord Pacific and HB Management today announced it has entered into strategic agreements to become a majority shareholder of HQ Capital Real Estate. HQ will continue to own a minority interest in the ongoing business and maintain a close partnership going forward.
Concord Pacific has always been active in multiple industries, including real estate development, hospitality, information technology, green energy, and telecommunication globally. Concord Pacific and HB Management have been looking for the right opportunity and the right partner to enter the real estate fund management business. ....

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Compass To Acquire Transaction Management Platform Glide

Joseph Sirosh
“The Glide team has built a seamless software solution that has attracted tens of thousands of real estate agents in California, including many Compass agents who love the service,” Compass Chief Technology Officer Joseph Sirosh said in a press release. “Their products have an excellent track record of saving time, reducing risk, and simplifying every step of the offer process and of course, making complex tasks seem effortless for agents and their clients.”
Founded in 2018, Glide enables agents and brokers to complete offer, disclosure and closing documents online. Glide offers a free plan for members of 60 California-based Realtor and MLS associations, and two pro plans for agents and brokers that include additional features, such as branding and the ability to upload brokerage-specific custom forms. The agent pro plan costs $45 per month, while the broker pro plan follows a sliding scale. ....

United States , Los Angeles County , Joseph Sirosh Sebastian Tonkin , Joseph Sirosh , Lone Wolf , Greg Hart , Sebastian Tonkin , Ethanp Schulman , California Association Of Realtors , California Superior Court , Pacific Union International , Chief Technology Officer Joseph Sirosh , Glidec Founder , Compass Chief Product Officer Greg Hart , Lone Wolf Technologies , California Association , Judge Ethan , Paragon Real Estate , ஒன்றுபட்டது மாநிலங்களில் , லாஸ் ஏஞ்சல்ஸ் கவுண்டி , தனி ஓநாய் , கிரெக் ஹார்ட் , செபாஸ்டியன் டான்கின் , கலிஃபோர்னியா சங்கம் ஆஃப் றேஆல்டோர்ச் , கலிஃபோர்னியா உயர்ந்தது நீதிமன்றம் , பெஸிஃபிக் தொழிற்சங்கம் சர்வதேச ,

Compass' costs to scale, LinkedIn and Zynga founders to take Hippo public

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Compass’ costs to scale, LinkedIn and Zynga founders to take Hippo public
National /
Compass’ cost of doing business
Ahead of its buzzed-about IPO, Compass offered investors a peek at its financials via an S-1 filed March 1.
Highlights from the 263-page document include the fact that Compass took in $3.7 billion in revenue last year, four times its revenue of $884.7 million in 2018. The tech-focused resi brokerage also lost $270.2 million in 2020, down from $388 million in 2019.
But one key takeaway is how much Compass spent to grow to its current size: 19,000 agents with $151.7 billion in sales last year. ....

New York , United States , Palo Alto , Rhode Island , Stone Point , San Francisco , David Ballard , Richard Lampen , Chamath Palihapitiya , Max Simkoff , Mitsui Sumitomo , Douglas Elliman , Reid Hoffman , Dan Sachar , Elon Musk , Howard Lorber , Mark Pincus , Tom Willerer , Mervin Singson , Mark Ein Capitol Investment Corp , Platinum Drive Realty , Lorber Vector Group , Pacific Union International , Alain Pinel Realtors , Conlon Real Estate , Avenue Properties ,

The Real Word: What Does Zillow's Earnings Mean For Solo Agents?

Byron Lazine and Nicole White are two agents in Connecticut who give us their thoughts on the week’s news every Friday in “The Real Word,” a weekly video column on Inman.
Last month, Zillow reported its fourth-quarter earnings in its shareholder letter, which included highlights like a revenue of $789 million and a net income of $46 million, in addition to full-year results for 2020.
But what’s worth paying attention to, as Byron pointed out, is the average monthly unique users a fourth-quarter record of 201 million. For the full year of 2020, Zillow reported another record of 9.6 billion of mobile app and website visits. ....

United States , Christy Murdock Edgar , Nicole White , Byron Lazine , Rich Barton , Pacific Union International , Real Word , Paragon Real Estate , Murdock Edgar , ஒன்றுபட்டது மாநிலங்களில் , கிறிஸ்டி மர்டாக் எட்கர் , நிக்கோல் வெள்ளை , பணக்கார பார்டன் , பெஸிஃபிக் தொழிற்சங்கம் சர்வதேச , ரியல் சொல் , பாராகான் ரியல் எஸ்டேட் , மர்டாக் எட்கர் ,

Here's What Compass Paid For Its Biggest Acquisitions

Inman Connect
Compass spent much of 2018 and 2019 growing through headline-grabbing acquisitions, the details of which had been scarce with the company’s status as a privately held firm. But as the company prepares to go public and lays its financials bare, for the first time, it’s revealing what it paid for some of its biggest acquisitions.
“We will continue to evaluate potential acquisitions in the real estate technology ecosystem that can bolster the value of our fully integrated platform and accelerate initiatives in our product roadmap,” the company wrote in the filing. “For example, in 2020 we acquired Modus, a title and escrow software company, expanding our capabilities into a critical component of the transaction. ....

New York , United States , San Francisco , Los Angeles , Stribling Associates , Pacific Union , Paragon Real , Compas San Francisco , Paragon Real Estate , Washington State , Rhode Island Based , Lila Delman Real Estate , New York City Based , Alain Pinel Realtors , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , சான் பிரான்சிஸ்கோ , லாஸ் ஏஞ்சல்ஸ் , ஸ்ட்ரிப்ளிங் கூட்டாளிகள் , பெஸிஃபிக் தொழிற்சங்கம் , பாராகான் ரியல் , காம்பாஸ் சான் பிரான்சிஸ்கோ , பாராகான் ரியல் எஸ்டேட் , வாஷிங்டன் நிலை , ரோட் தீவு அடிப்படையிலானது , லிலா டெல்மேன் ரியல் எஸ்டேட் ,