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MarketScreener Homepage  >  Equities  >  Nyse  >  Realogy Holdings Corp.    RLGY


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Realogy : Corcoran Global Living, Affiliate of The Corcoran Group, Establishes Footing in Los Angeles as Part of Ongoing West Coast Expansion

11/12/2020 | 03:57pm EST

'This is a milestone we are incredibly excited to reach, and we're very proud to finally establish ourselves in the dynamic L.A. region,' commented Michael Mahon, CEO and Founder of Corcoran Global Living. 'We've accomplished truly significant expansion in this first year as Corcoran Global Living, particularly in California, and I can't wait to see how our newest associates work with our wider network to deliver the best possible client service.'

Today's announcement advances Corcoran Global Living's broad footing across Californiaand in the broader region. As part of CGL, associates will now have access to a variety of resources, support, technology, referral opportunities, and wide brand recognition among both industry peers and the public. In further supporting Lorimer's vision for growth across the Los Angelesmarket, district office managers include well-known industry leaders: Nick Spirtos, District Manager for Beverly Hills, and Tom Swansonand Sherry Sada, District Managers for the L.A. beach cities.

'We've really been looking forward to establishing Corcoranin the Los Angelesregion, and I'm so pleased that our network now extends to such a vital city on the West Coast,' said Pamela Liebman, President & CEO of Corcoran. 'We've prided ourselves on our East Coast footprint since our inception, so it's a natural and very important next step for us to make this mark in the west.'

'We are a fiercely driven company with a very defined and progressive culture. Aligning with CGL has allowed our ship to become part of a fleet of fellow freethinkers where expression and creativity is encouraged,' said Peter Lorimer, CEO of PLG Estates, now partner and Vice President of Sales at Corcoran Global Living. 'In this next stage, there is untapped, fresh opportunity and we intend to seize it for both our agents and our clients.'

Los Angeles, as the bedrock of 'creative commerce', has attracted some of the most talented and successful individuals from all industries. From Downtown to the beach, and from the Valley to the Hills, the region is a top destination for the luxury and seasonal vacation home market. The wider Californiaand west coast connection is bolstered by Corcoran Global Living's market reach in the region and is a powerful benefit to their clientele.

About The Corcoran Group
The Corcoran Group has been a leading residential real estate brand for nearly 50 years. Through its New York City, Hamptons, and South Floridabrokerages, along with its rapidly growing affiliate network, the firm is home to more than 90 offices and 3,600 independent salespersons in key urban, suburban, and resort markets nationwide. Corcoranagents earn and keep their clients' trust with an unwavering commitment to white-glove service, expertise, and integrity. In every market served, Corcoranhelps you find the home that's just right for you. Live who you are®. The Corcoran® brand comprises both offices owned by a subsidiary of Realogy Brokerage Group LLC and franchised offices, which are independently owned and operated. For more information about The Corcoran Group, please visit www.corcoran.com.

SOURCE The Corcoran Group


Realogy Holdings Corp. published this content on 12 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 November 2020 20:56:01 UTC

© Publicnow 2020
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Financials (USD)
Sales 2020 5 891 M - -
Net income 2020 -289 M - -
Net Debt 2020 2 860 M - -
P/E ratio 2020 -5,66x
Yield 2020 -
Capitalization 1 803 M 1 803 M -
EV / Sales 2020 0,79x
EV / Sales 2021 0,66x
Nbr of Employees 10 150
Free-Float 99,1%
Duration : Period :
Realogy Holdings Corp. Technical Analysis Chart | RLGY | US75605Y1064 | MarketScreener
Technical analysis trends REALOGY HOLDINGS CORP.
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 6
Average target price 17,00 $
Last Close Price 15,62 $
Spread / Highest target 60,1%
Spread / Average Target 8,83%
Spread / Lowest Target -16,8%
EPS Revisions
Managers and Directors
Ryan M. Schneider President, Chief Executive Officer & Director
Michael J. Williams Independent Chairman
Charlotte C. Simonelli Chief Financial Officer, Treasurer & Executive VP
Dave Gordon Chief Technology Officer & Executive VP
V. Ann Hailey Independent Director