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La Rosa Holdings Announces Intent to Acquire Real Estate Brokerage Firm with Over 950 Agents and More Than $19.0 Million in Revenue for 2023
GlobeNewswire News Room· 2024-09-17 12:30
Celebration, FL, Sept. 17, 2024 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ: LRHC) ("La Rosa" or the "Company"), a holding company for six agent-centric, technology-integrated, cloud-based, multiservice real estate segments, today announced that it has entered into a non-binding Letter of Intent to acquire a real estate brokerage firm with over 950 agents and offices in multiple states. The firm also offers a proprietary cloud-based Software-as-a-Service (SaaS) platform tailored for real estate agent ...
La Rosa Acquires Twelfth Real Estate Brokerage Franchisee
GlobeNewswire News Room· 2024-08-21 12:45
Launching La Rosa's multi-level revenue share plan in Puerto Rico intended to empower realtors with a unique income stream Hosting Discover the La Rosa Difference Event for Real Estate Agents on October 17th at 5 P.M. ET Reaffirms target of generating $100 million in annualized revenue as a 2024 exit run rate Celebration, FL, Aug. 21, 2024 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ: LRHC) ("La Rosa" or the "Company"), a holding company for five agent-centric, technology-integrated, cloud-based, mult ...
La Rosa (LRHC) - 2024 Q2 - Quarterly Results
2024-08-16 20:00
Exhibit 99.1 La Rosa Reports 154% Year-Over-Year Increase in Revenue to $19.1 Million for the Second Quarter of 2024 Successfully Acquires Eleven Brokerages Since Company's IPO in October 2023 Residential Real Estate Services Revenue Increased 237% to $15.9 Million in Q2 2024 vs Q2 2023 Celebration, FL / August 16, 2024 / – La Rosa Holdings Corp. (NASDAQ: LRHC) ("La Rosa" or the "Company"), a holding company for five agent-centric, technology-integrated, cloud-based, multi-service real estate segments, toda ...
La Rosa (LRHC) - 2024 Q2 - Quarterly Report
2024-08-15 20:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____to_____ Commission File Number: 001-41588 LA ROSA HOLDINGS CORP. (Exact name of registrant as specified in its charter) | --- | --- | |------------------------------ ...
La Rosa Property Management Announces Intent to Acquire Celebration Corporate Center LLC Along with its Commercial Real Estate
GlobeNewswire News Room· 2024-07-24 12:30
Joe La Rosa, CEO of the Company, commented, "This planned acquisition aligns perfectly with our strategic growth plan and reinforces our commitment to providing comprehensive real estate solutions. Through this acquisition, we intend to expand LRPM into the commercial real estate sector. This strategic move aligns with our growth objectives and allows us to diversify our portfolio, tapping into new market opportunities. By entering the commercial real estate space, we aim to leverage our expertise in proper ...
La Rosa Property Management Announces Intent to Acquire Celebration Corporate Center LLC Along with its Commercial Real Estate
Newsfilter· 2024-07-24 12:30
Celebration, FL, July 24, 2024 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ: LRHC) ("La Rosa" or the "Company"), a holding company for five agent-centric, technology-integrated, cloud-based, multiservice real estate segments, today announced that it has entered into a non-binding Letter of Intent to acquire Celebration Corporate Center LLC. The Company expects to acquire this entity through its wholly-owned subsidiary, La Rosa Property Management LLC ("LRPM"). As a result of the acquisition, LRPM will ...
La Rosa Reports 15% Sequential Increase in Real Estate Sales Transaction Volume in Q2 2024 Compared to Q1 2024
Newsfilter· 2024-07-17 12:30
Joe La Rosa, CEO of the Company, commented, "We are thrilled to announce this significant growth in transaction volume and value. This 15% sequential increase in Q2 2024 compared to Q1 2024 is a testament to our strategic initiatives, the hard work of our dedicated team, and an increase in transaction volume due to a significant rise in our agent count. Last month, we achieved a historic milestone and onboarded numerous new agents to the La Rosa team. We believe our success reflects our unique, innovative, ...
La Rosa Achieves Historic Milestone with Over 200 Agents Onboarded in June
GlobeNewswire News Room· 2024-07-02 12:30
Joe La Rosa, CEO of the Company, commented, "We are thrilled to welcome over 200 new agents to the La Rosa family. We believe that this achievement highlights the trust and confidence agents have in our brand and reflects our dedication to providing unparalleled support, resources, and opportunities for real estate professionals. In our view, our impressive growth can be attributed to our unique, innovative, and agent-friendly revenue share model. We believe that this approach disrupts existing revenue shar ...
Why Is La Rosa (LRHC) Stock Up 49% Today?
Investor Place· 2024-06-25 15:10
La Rosa (NASDAQ:LRHC) stock is heading higher on Tuesday after the residential real estate company said it will white label its proprietary artificial intelligence (AI) system, JAEME. JAEME is an AI assistant for real estate agents that was launched in October 2023. Since then, the service has seen a 92.6% increase in utilization since its launch and into March 2024. La Rosa CEO Joe La Rosa said the following about the company's plans for real estate technology and JAEME. "We believe that JAEME is a powerfu ...
La Rosa Holdings Corp to White Label Proprietary AI System 'JAEME' to Support Real Estate Agents, Creating New Revenue Stream
Newsfilter· 2024-06-25 12:30
Celebration, FL, June 25, 2024 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ: LRHC) ("La Rosa" or the "Company"), a holding company for five agent-centric, technology-integrated, cloud-based, multiservice real estate segments, today announced that it intends to white label its proprietary artificial intelligence ("AI") system, JAEME. JAEME, part of La Rosa's My Agent Account, was launched in October 2023. It is a real estate AI assistant created to support and inspire real estate agents with personaliz ...