Hana Cha jumps from Compass, and returns to the Agency

The head of new development will be replaced by a former Dalian Wanda Group director

May.May 01, 2018 10:12 AM
Hana Cha, Bree Long, with a Compass’ project in Eagle Rock

Hana Cha, who left the Agency two years ago to join Compass as managing director of new development, is returning to her former employer, The Real Deal has learned.

Now that Cha is back with the Agency, she will be replaced by Bree Long, who was sales director in Los Angeles at the China-based Dalian Wanda Group.

Compass, hot on the heels of launching in the West Coast, poached Cha from the Agency in July 2016, along with managing director Morgan Ball. The firm launched a new development division a short time later, led by senior managing director Justin D’Adamo.

At her previous stint with the Agency, Cha oversaw more than $500 million in new development deals, including the onsite sales of the Ritz-Carlton Residences at L.A. Live in Downtown Los Angeles. The Agency is now handling sales at Greenland USA’s massive $1 billion Metropolis project in Downtown, a role it took over from Douglas Elliman in September.

Long, who takes over for Cha at Compass next week, had worked on marketing and sales initiatives for Wanda projects since June. Wanda is the mega developer behind the troubled One Beverly Hills, the $1.2 billion condominium and hotel project that it listed for sale in November, after several years of delays. Much of the company’s problems stem from its home turf, where it has been seeing pushback

on many of projects as the Chinese government has scaled back on outgoing investment. The developer listed five massive projects for sale, including One Beverly Hills, valued at a total of $5 billion.

Before working at Wanda, Long held positions in operations management and sales for L.A.-based developer CIM Group.

Some of Compass’ new development projects include a 63-unit residential building Valley Glen, as well as under-construction projects in Eagle Rock, North Hollywood and Hollywood Hills East.

Related Articles

From left: PaxCap Investors CEO Carlos Vigon, Compass’ Michael Robertson and SFJ Group’s Jay Robertson

Movers & Shakers: Another Coldwell Banker agent jumps to Compass, SFJ Group expands…and more

Robert Reffkin, Bret Parsons, and the property (Credit: Google Maps)

Compass shutters Hancock Park office less than a year after it opens

Robert Reffkin, Ginger Glass, and 2571 Wallingford Drive (Credit: Zillow)

Compass just poached another top agent from Coldwell Banker in LA

From left: Robert Reffkin and Chris Cortazzo, with one of Cortazzo's listings, 0 Zumirez Drive, Malibu

Compass poaches Coldwell Banker’s top producer Chris Cortazzo

Malibu Real Estate Investments principals Bedros Oruncakiel and Kirkor Suri

Malibu spec mansion lists amid softening luxury market

Chandler Parsons and his property on Stone Canyon Road (Credit: Getty Images)

Durant wants out of Malibu, and now Chandler Parsons is listing his Bel Air mansion

CoreLogic's Andrew LePage and Orange County (Credit: Wikipedia)

SoCal housing market shows signs of life, with a caveat: report

Bridge Housing CEO Cynthia Parker and a rendering of the view from Walnut and Anaheim (Credit: SVA Architects)

Fully affordable complex set to rise in vacant Long Beach lot