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CELEBRATION, FL - La Rosa Holdings Corp. (NASDAQ:LRHC), a $6.11 million market cap real estate brokerage that generated $73.87 million in revenue last year, announced Tuesday it has entered into a strategic agreement giving its agents rights to market and sell units of the IBIS Romana Bayahibe luxury development in the Dominican Republic. According to InvestingPro analysis, the company’s stock is currently trading below its Fair Value.
Under the agreement between La Rosa’s wholly owned subsidiary, La Rosa Realty LLC, and The Agency Dominican Republic, La Rosa will participate in sales of the IBIS project in the Dominican Republic and serve as the exclusive sales agent for any IBIS sales in Puerto Rico. While the company has shown impressive revenue growth of 90.36% over the last twelve months, InvestingPro data indicates the company faces challenges with cash burn and debt management.
The IBIS development, located in Bayahibe, La Romana, features premium resort-style residences with various amenities. The agreement includes a 360-day protected client registration period, allowing La Rosa agents to secure commissions on international sales for a full year after client registration. Subscribers to InvestingPro can access 14 additional key insights about La Rosa Holdings’ financial health and growth prospects.
"Puerto Rico represents a high-potential market of affluent buyers seeking premium second homes and investment properties," said Joe La Rosa, CEO of La Rosa Holdings.
The agreement also provides for 24-hour turnaround on client confirmation from The Agency Dominican Republic, which the company says will expedite deal flow and enhance agent efficiency.
La Rosa Holdings operates 26 corporate-owned brokerage offices across Florida, California, Texas, Georgia, North Carolina, and Puerto Rico, with recent expansion into Spain. The company also has six franchised offices and three affiliated brokerage locations in the U.S. and Puerto Rico.
The information in this article is based on a company press release statement.
In other recent news, La Rosa Holdings Corp. reported a 19.4% increase in preliminary unaudited revenue, reaching approximately $38.4 million for the first half of 2025. This growth coincides with the company surpassing 3,000 real estate agents in its network. Additionally, La Rosa Holdings announced an 80-for-1 reverse stock split, effective July 7, 2025, aiming to meet Nasdaq’s minimum bid price requirement and potentially attract more institutional investors. The company has also amended a senior secured convertible note issued in February 2025, clarifying its terms with the institutional investor involved. In technology advancements, La Rosa Holdings launched version 4.0 of its My Agent Account platform, which includes a new Transaction Management module. The company also signed a non-binding Letter of Intent with MiiX Financial Holdings Trust to integrate residential financing solutions into its network. As part of its strategic expansion, La Rosa has begun entering the European market, starting with Spain. These developments reflect La Rosa Holdings’ ongoing efforts to enhance its offerings and expand its market presence.
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