Reports Q4 revenue $207.3M vs. $334.2M last year. "Douglas Elliman’s team of world class agents met the challenges of the fourth quarter, which was marked by limited listing inventory and significantly increased mortgage rates," said Howard M. Lorber, CEO. "The strength of Douglas Elliman’s balance sheet, global network of leading agents and luxury brand positions us to take advantage of opportunities as real estate markets stabilize. We remain confident that the Company’s differentiated platform and approach will enable us to deliver continued growth over the long term."
Published first on TheFly
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