Douglas Elliman launches in-house mortgage platform for diverse borrowers

NEW YORK - Douglas Elliman Real Estate (NYSE:DOUG), a $233 million market cap real estate brokerage with annual revenues exceeding $1 billion, announced Tuesday the launch of Elliman Capital, a new in-house mortgage platform developed in partnership with Associated Mortgage Bankers. The service will initially launch in Florida before expanding to all states where the luxury real estate brokerage operates. According to InvestingPro analysis, the company’s stock has shown remarkable momentum with a 57% gain year-to-date, suggesting strong investor confidence in its growth initiatives.

The platform aims to provide financing solutions for both traditional and non-traditional borrowers, including self-employed individuals, investors, and foreign nationals who typically face challenges securing appropriate financing. With a current ratio of 1.95, InvestingPro data shows Douglas Elliman maintains strong liquidity to support its expansion initiatives, while operating with a moderate debt level.

"By bringing mortgage services in-house, we’re creating an unprecedented level of convenience and oversight to the entire real estate transaction process," said Michael S. Liebowitz, President and CEO of Douglas Elliman Inc., according to the press release.

Elliman Capital will offer various loan products including conventional loans, jumbo loans, construction loans, investment property financing, bridge loans, commercial lending, second home mortgages, and government-backed options such as FHA, VA, and USDA loans.

The mortgage platform incorporates technology allowing Douglas Elliman agents to refer clients, track loan progress, and receive real-time updates throughout the financing process.

Jim Bender, Director of Elliman Capital, stated the platform was engineered to be "truly inclusive, offering loan products that meet the diverse needs of today’s homebuyers and investors from all over the globe."

Douglas Elliman (NYSE:DOUG) currently operates in multiple states including New York, Florida, California, Texas, Colorado, and others. The company’s expansion into mortgage services comes as homebuyers seek more personalized financing options.

The information in this article is based on a press release statement from Douglas Elliman Real Estate. InvestingPro analysis reveals additional insights about Douglas Elliman’s financial outlook, with analysts expecting profitability this year. Subscribers can access 12 more exclusive ProTips and comprehensive financial metrics through the platform’s detailed research reports.

In other recent news, Douglas Elliman Inc. reported its financial results for the first quarter of 2025, showcasing a mixed performance. The company achieved revenue of $253.4 million, exceeding expectations, but reported a net loss with an earnings per share (EPS) of -$0.03, falling short of the forecasted $0.02. Additionally, Douglas Elliman announced the launch of Elliman International, expanding its services to the global real estate market, focusing on luxury destinations across various regions. This marks a significant shift from a national to a global player in the luxury real estate sector.

Furthermore, a Bloomberg report revealed that Douglas Elliman received a merger proposal from Anywhere Real Estate Inc., potentially valuing the company at more than $4 per share. However, it is suggested that Douglas Elliman may not accept the bid at this level. The merger offer comes amid ongoing legal challenges involving lawsuits with two former top agents. These developments highlight the dynamic changes and challenges faced by Douglas Elliman in recent times.

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