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Thursday, January 05, 2017 10:11:57 AM
Before the opening bell, eXp World Holdings, Inc. (OTCQB: EXPI) announced the appointment of Laurie Hawkes as an independent addition to its board of directors. Hawkes brings nearly four decades of leadership experience in realty and finance to EXPI, during which time she has held high-level positions as an investment banker, a private real estate equity investor and a successful entrepreneur. Her expertise in the real estate sector, particularly as it relates to raising capital, executing acquisition strategies, developing business plans and creating scalable operational platforms, is expected to play a key role in the continued development and expansion of EXPI’s full-service real estate brokerage, eXp Realty LLC.
“Laurie brings almost 40 years of leadership experience in realty and finance to eXp,” Glenn Sanford, founder, CEO and chairman of EXPI, stated in this morning’s news release. “We look forward to leveraging her unique skill set and acumen as we further scale our innovative, cloud-focused real estate brokerage. Her decision to join eXp’s board comes at an opportune time, as we work to build a profitable company that directly contributes to increased shareholder value.”
Hawkes began her career in 1979 as an investment banker at Salomon Brothers, Inc., where she would serve as a director and spend 14 years specializing in real estate acquisitions and mortgage finance. In 1993, she was recruited as a managing director to join the Real Estate Investment Banking Division, a position through which she developed new business and expanded structured finance at CS First Boston Corp. From 1995 to 2007, Hawkes worked at U.S. Realty Advisors, a $3 billion real estate private equity firm operating in New York City. She became a partner in 1997 before serving as president and head of acquisitions from 2003 to 2007.
Since leaving U.S. Realty Advisors, Hawkes has established herself as a pioneer in bringing institutional capital to the single-family rental sector. She co-founded American Residential Properties, Inc. in 2012 and led the start-up during its transformation into a $2 billion enterprise. In 2013, Hawkes co-led the company’s IPO and listing on the NYSE. American Residential Properties merged with American Homes 4 Rent (NYSE: AMH) in March 2016, creating an $8 billion enterprise with a portfolio of more than 47,000 homes.
For EXPI, the addition of Laurie Hawkes as an independent director is expected to play a key role as the company, through its Agent-Owned Cloud Brokerage™, seeks to build on its 2016 growth in the new year. As of the end of Q3 2016, eXp Realty had more than 2,130 real estate professionals operating across 41 states, the District of Columbia and Alberta, Canada. This total marked an increase of 151 percent from the previous year. Similarly, EXPI’s third quarter 2016 revenues totaled $15.7 million, a year-over-year increase of 112 percent.
For more information, visit the company’s website at www.eXpWorldHoldings.com
Recent EXPI News
- eXp Realty Expands Global Network in Second Quarter, Welcoming Top Agents and Securing High Industry Honors • GlobeNewswire Inc. • 04/19/2024 04:00:00 PM
- eXp World Holdings to Announce First Quarter 2024 Results on May 1, 2024 • GlobeNewswire Inc. • 04/17/2024 07:00:00 PM
- Leading the Industry in Sides, eXp Realty Celebrates Its Agents' Remarkable Achievements With the Top Producers Lists for 2023 • GlobeNewswire Inc. • 04/16/2024 04:00:00 PM
- eXp Realty Names Leo Pareja as CEO to Drive Next Era of Growth and Innovation • GlobeNewswire Inc. • 04/05/2024 01:00:00 PM
- eXp Realty Expands Executive Team With Key Human Resources and Technology Leadership Appointments • GlobeNewswire Inc. • 03/28/2024 03:30:00 PM
- eXp Realty Leads the Pack in the RealTrends 500, Capturing Top Honors in Five Categories • GlobeNewswire Inc. • 03/22/2024 02:00:00 PM
- eXp Realty Pays More Than $230 Million in Revenue Share and Equity Benefits to Agents and Brokers in 2023 • GlobeNewswire Inc. • 03/11/2024 07:56:01 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/08/2024 11:35:03 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/04/2024 11:40:57 PM
- Form 144/A - Report of proposed sale of securities: [Amend] • Edgar (US Regulatory) • 03/01/2024 10:05:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/01/2024 07:46:43 PM
- eXp World Holdings Revolutionizes Real Estate Radio With "KGCI Real Estate on Air" Partnership • GlobeNewswire Inc. • 02/29/2024 02:00:00 PM
- eXp World Holdings Reports Q4 and Full-Year 2023 Results • GlobeNewswire Inc. • 02/22/2024 09:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/22/2024 08:58:55 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/02/2024 09:27:17 PM
- eXp World Holdings to Announce Full-Year and Fourth Quarter 2023 Results on February 22, 2024 • GlobeNewswire Inc. • 02/02/2024 05:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/01/2024 02:00:12 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/23/2024 05:30:26 PM
- eXp Luxury Solidifies Expansion Into New International Markets • GlobeNewswire Inc. • 01/18/2024 02:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/17/2024 07:58:08 PM
- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 01/12/2024 02:00:36 PM
- Form 4/A - Statement of changes in beneficial ownership of securities: [Amend] • Edgar (US Regulatory) • 01/10/2024 03:34:37 PM
- eXp Realty Named to Glassdoor’s Best Places to Work for Seventh Consecutive Year • GlobeNewswire Inc. • 01/10/2024 03:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/03/2024 02:59:54 PM
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