Douglas Elliman Inc. (NYSE: DOUG) is the parent company of Douglas Elliman Realty, LLC, one of the largest residential real estate brokerage companies in the United States, with a focus on luxury properties. The company operates across major U.S. markets including New York City, Long Island, the Hamptons, Westchester, Connecticut, New Jersey, Massachusetts, New Hampshire, Florida, California, Texas, Colorado, Nevada, Maryland, Virginia, and Washington, D.C. In addition to brokerage, Douglas Elliman provides development marketing services with a pipeline of approximately $26.1 billion, mortgage lending through Elliman Capital (operating in select markets including California and Texas), and settlement and escrow services. The company has expanded internationally into Canada, France, Monaco, and the Caribbean. Douglas Elliman is also investing in property technology solutions and has launched Elius, a proprietary real estate intelligence company powered by Google Cloud AI technology. The company maintains no long-term debt and commands the industry's highest average sales price per transaction. Updated
24/7 Wall Street Insights An anticipated interest rate cut by the Federal Reserve to help the troubled real estate market will likely hike inflation further. Among the options for generating additional income,…
Douglas Elliman Inc. (NYSE: DOUG) is the parent company of Douglas Elliman Realty, LLC, one of the largest residential real estate brokerage companies in the United States, with a focus on luxury properties.