Offerpad Gets New CFO As Stock Hovers Near Record Low inman.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inman.com Daily Mail and Mail on Sunday newspapers.
By Ben Glickman Offerpad Solutions said finance chief Jawad Ahsan would depart the company after six months. The Chandler, Ariz.-based real-estate platform.
Arizona-based iBuyer Offerpad reported its Q3 earnings on Thursday, with revenues declining 71 percent year over year to $234.2 million. Despite diminished transaction activity, the company dramatically slimmed losses and is on track to reach Adjusted EBITDA profitability by 2024.