CoStar Group has added a new independent director to its board of directors. On Monday, the Andy Florance-helmed firm announced the appointment of Nana Banerjee to the firm’s board of directors. Banerjee’s appointment expands the board to nine members, including eight independent directors. “On behalf of the Board, we are pleased to welcome Nana, a […]
CoStar names Nana Banerjee to board as independent director Read More »
When every deal feels personal, even winning gets expensive. There is a particular look you start to recognize once you have been around the real estate industry long enough. You know the one. That steely, thousand-yard stare that comes from decades of real estate. It shows up at open houses around hour four. In late-night
The best real estate agents aren’t tougher, they are more structured Read More »
A year ago, Stuart Miller described homebuilder margins as a “shock absorber.” The Lennar Executive Chair and Chief Executive Officer had begun doing so two or three years earlier, as mortgage-rate pathways began wreaking havoc on the post-pandemic housing market. The metaphor suited the moment. Mortgage rates had risen sharply, and buyer affordability had plummeted
Lennar margin ‘circuit breaker’: Is Stuart Miller right, wrong or bluffing? Read More »