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

Los Angeles /
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

arrow_forward_ios
Kamini Lane (Getty)
Compass west region president Kamini Lane exits
Compass west region president Kamini Lane exits
Mark McLaughin leaving Compass to reboot VC firm
Mark McLaughlin leaving Compass to reboot VC firm
Mark McLaughlin leaving Compass to reboot VC firm
Compass' Morgan Trent and Aaron Kirman (Compass and Aaron Kirman)
Compass’ Aaron Kirman taps dedicated team for Orange County
Compass’ Aaron Kirman taps dedicated team for Orange County
Nine-agent Compass team bolts for The Agency
Nine-agent Compass team bolts for The Agency
Nine-agent Compass team bolts for The Agency
Michael Nourmand (Facebook via Nourmand & Associates)
Compass tries to recruit brokerage owner Michael Nourmand
Compass tries to recruit brokerage owner Michael Nourmand
Mauricio Umansky, Rainy Hake Austin and Robert Reffkin (Getty)
The Agency sues Compass for blocking exec from recruiting former colleagues
The Agency sues Compass for blocking exec from recruiting former colleagues
Tomer Fridman (Compass, Hilton & Hyland)
Compass’ Tomer Fridman jumps to Hilton & Hyland
Compass’ Tomer Fridman jumps to Hilton & Hyland
Rober Reffkin and J. Gregory Maffei (Getty, Linkedin, iStock)
Compass poached brokers with bait-and-switch, ex-agent alleges
Compass poached brokers with bait-and-switch, ex-agent alleges
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...