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Scott Durkin Replaces Dottie Herman as Elliman CEO

Scott Durkin Replaces Dottie Herman as Elliman CEO
therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.

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Dottie Herman Steps Down as CEO of Douglas Elliman — RISMedia

Dottie Herman Steps Down as CEO of Douglas Elliman — RISMedia
rismedia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rismedia.com Daily Mail and Mail on Sunday newspapers.

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Why Procore's IPO is back on, View's foggy Nasdaq debut

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Why Procore’s IPO is back on, View’s foggy Nasdaq debut
Plus, VTS’ $100M bet on return-to-office
National /
TRD Staff
Ten months later, the public offering appears to be back on the table.
Bolstered by a housing boom and uptick in construction, Procore filed an updated S-1 registration statement on March 2. In the filing, the company said its revenue grew 38.4 percent last year to $400.3 million.
Its customer base is also on the upswing: Procore had 10,166 customers as of Dec. 31, 2020, up 20 percent from the year prior. ....

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Howard Lorber Steve Witkoff Launch SPAC

Howard Lorber and Steve Witkoff (Getty, iStock)
Frequent business partners Howard Lorber and Steve Witkoff have a new project, but it’s not a condo or hotel. It’s a SPAC.
The developers’ Ocean Drive Acquisition Corp. is looking to raise $250 million from investors to take a proptech startup public, according to a regulatory filing. In addition to Lorber and Witkoff, asset manager Monroe Capital is sponsoring the blank-check company.
“Technology has become a strategic imperative as [real estate] owners seek ways to increase the efficiency of their assets,” the filing said. “Our management team has specific experience and knowledge regarding the real estate industry and companies that provide technological solutions and innovation.” ....

New York , United States , Peter Ward , Tishman Speyer , Alex Witkof , Aaron Peck , Los Angeles , Kyle Asher , Steve Witkoff Getty , Howard Lorber , Howard Lutnick Cantor Fitzgerald , Joseph Dagrosa , Steve Witkoff , James Terlizzi , Monroe Peter Gruszka , Monroe Scott Marienau , Mark Lawrence , Fountainbleau Hotel In Las Vegas , Acquisition Corp , Witkoff Group Scott Alper , Lorber Vector Group , York Hotel Motel Trades Council , Ocean Drive Acquisition Corp , Ocean Drive Acquisition , Monroe Capital , New Valley ,

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. ....

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