Vector slashes dividends as Elliman’s net income drops over 80%
UPDATED Wednesday Nov. 6, 2019, 1:02 p.m.: Douglas Elliman’s net income plummeted last quarter and its parent company plans...
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Blaming slow NYC sales, Elliman reports $10M loss in Q1
UPDATED: May 8, 11:25 a.m.: Citing slow sales in New York City, Douglas Elliman’s losses widened 28 percent during...
Elliman’s profits plunge 75% in 2018 amid resi market slowdown
Stung by a slowdown in the residential market, Douglas Elliman pocketed $5.2 million in 2018 profits — a quarter...
Douglas Elliman buys Strickland, marking Florida west coast expansion
Douglas Elliman is making a move on Florida’s west coast. New York City’s largest residential brokerage acquired the St....
Vector’s largest shareholder, Phillip Frost, charged with securities fraud
Phillip Frost, the largest shareholder of Douglas Elliman’s parent company, was charged Friday by the Securities and Exchange Commission...
Elliman sales jump 6% to $26.1B in 2017
For all the talk of a new development slowdown, Douglas Elliman closed out 2017 with $26.1 billion in sales — a 6.1 percent jump over the prior year. The New York-based brokerage finished with...
Douglas Elliman’s profitability falls over 50% with fewer new dev closings
From TRD New York: Douglas Elliman’s sales volume rose during the third quarter, but its profitability slipped more than...
Witkoff and Vector bet $600M on former Fontainebleau Las Vegas site
The former site of the Fontainebleau Las Vegas — once aimed to be a crown jewel of the Soffers’ Turnberry...
Douglas Elliman only made $100K in profits in Q1
From TRD New York: No, that’s not a typo: Douglas Elliman’s profits dipped to just $100,000 during the first quarter...
Douglas Elliman closes $24.6B in sales in 2016
From the New York website: Douglas Elliman sold $24.6 billion worth of real estate nationwide in 2016 — a...
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