Articles from La Rosa Holdings Corp.

Celebration, FL, Jan. 30, 2025 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQLRHC) (“La Rosa” or the “Company”), a holding company for six agent-centric, technology-integrated, cloud-based, multi-service real estate segments, today announced the appointment of industry veteran Jose Miguel “JM” Padron, to lead the national expansion of La Rosa’s commercial real estate division.

Celebration, FL, Jan. 28, 2025 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQLRHC) (“La Rosa” or the “Company”), a holding company for six agent-centric, technology-integrated, cloud-based, multi-service real estate segments, today announced that it has fully redeemed and extinguished all of its outstanding warrants (the “Warrants”) previously issued to an institutional accredited investor (the “Holder”). These Warrants, which were exercisable for 2,446,634 shares of common stock of the Company, have now been terminated in their entirety and are no longer exercisable, in accordance with the terms of the Warrant Redemption and Cancellation Agreement (the “Redemption Agreement”) signed by the parties on January 22, 2025.

Celebration, FL, Jan. 23, 2025 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQLRHC) (“La Rosa” or the “Company”), a holding company for six agent-centric, technology-integrated, cloud-based, multi-service real estate segments, today announced preliminary unaudited revenue for fiscal year 2024, totaling an estimated $65 million. This represents an approximately 104% increase in revenue year-over-year, as compared to revenue for 2023 fiscal year.

Franchisee has over 90 Agents

Celebration, FL, Dec. 23, 2024 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQLRHC) (“La Rosa” or the “Company”), a holding company for six agent-centric, technology-integrated, cloud-based, multi-service real estate segments, today announced it will offer Bitcoin and other cryptocurrencies as a payment option for its network of agents.

Celebration, FL, Dec. 11, 2024 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQLRHC) (“La Rosa” or the “Company”), a holding company for six agent-centric, technology-integrated, cloud-based, multi-service real estate segments, today announced the opening of its first office in North Carolina.

Targeting $100 Million Annualized Revenue as 2024 Exit Run Rate

Celebration, FL, Nov. 07, 2024 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQLRHC) (“La Rosa” or the “Company”), a holding company for six agent-centric, technology-integrated, cloud-based, multi-service real estate segments, today announced the commencement of its Growth Summit 2024 in Orlando, Florida, starting at 10 a.m. EST. During the event, the Company will unveil advancements in its proprietary real estate technology. The summit is at capacity, with all 500 tickets claimed. Attendees will gain insights into the latest tools and innovations designed to drive agent success, enhance productivity, and help to position La Rosa as a leader in real estate technology.

Celebration, FL, Oct. 23, 2024 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQLRHC) (“La Rosa” or the “Company”), a holding company for six agent-centric, technology-integrated, cloud-based, multi-service real estate segments, today announced preliminary unaudited revenue for the first nine months of 2024, totaling an estimated $45 million. This represents an approximately 120% increase in revenue year-over-year, as compared to the same period in 2023.

Increased Utilization and Downloads of My Agent Account Reflect Growing Adoption of La Rosa’s Proprietary Platform by its Agents

Restructuring benefits financial position and reduces debt under the notes by approximately 9.5%

Celebration, FL, Sept. 18, 2024 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQLRHC) (“La Rosa” or the “Company”), a holding company for six agent-centric, technology-integrated, cloud-based, multi-service real estate segments, today announced that that it has been invited to present at the iAccess Alpha Buyside Best Ideas Investor Conference on September 24-25, 2024.

Brokerage Firm Offers Proprietary Cloud-Based SaaS Platform for Real Estate Agents

Innovative Revenue-Share Commission Plans and Industry Changes Driving Agent Growth

Celebration, FL, Aug. 29, 2024 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQLRHC) (“La Rosa” or the “Company”), a holding company for six agent-centric, technology-integrated, cloud-based, multi-service real estate segments, today announced that management will participate in the H.C. Wainwright 26th Annual Global Investment Conference being held September 9th – 11, 2024 at the Lotte New York Palace Hotel in New York City.

La Rosa expands service offerings with title insurance and supports growing demand

Launching La Rosa’s multi-level revenue share plan in Puerto Rico intended to empower realtors with a unique income stream

Reaffirms target to generate $100 million of annualized revenue as a 2024 exit run rate

Transaction Aggregate Sales Value Increased by Approximately 21%, Reaching Just Under $110 Million

Anticipates Exceeding 4,000 Agents by the End of the Year, Representing a Potential 62% Increase in Agent Count Since IPO

JAEME Experienced a 92.6% Increase in Utilization in Five Months After Launch

Title insurance capabilities aimed at broadening service offerings and equipping agents with new tools to compete and win in the market

Celebration, FL, June 17, 2024 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQLRHC) (“La Rosa” or the “Company”), a holding company for five agent-centric, technology-integrated, cloud-based, multi-service real estate segments, today announced the addition of 92 real estate agents to its team within one week, starting from June 10, 2024. Among the new additions is the Millenian Group, a top-performing real estate brokerage team based in Orlando, Florida.

The Company requests this withdrawal as it no longer intends to pursue the public offering at this time and believes it aligns with public interest and investor protection

The Team Combined has Closed More than 425 Transactions and Exceeded $100 Million in Sales in Past 12 Months

Celebration, FL, June 04, 2024 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQLRHC) (“La Rosa” or the “Company”), a holding company for five agent-centric, technology-integrated, cloud-based, multi-service real estate segments, today provided an update on its subsidiary, La Rosa Property Management LLC (“LRPM”), which reports that its properties under management increased by 12% year-to-date. LRPM specializes in property management services for owners of single-family residential properties and manages a diverse portfolio of properties across Florida.

Celebration, FL, May 31, 2024 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQLRHC) (“La Rosa” or the “Company”), a holding company for five agent-centric, technology-integrated, cloud-based, multi-service real estate segments, today announced that it will be participating in the Spring MicroCap Rodeo Conference that will be held on Thursday, June 6, 2024 in New York City.

Increasing agent count of franchisee by 55% post-acquisition

Celebration, FL, May 21, 2024 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQLRHC) (“La Rosa” or the “Company”), a holding company for five agent-centric, technology-integrated, cloud-based, multi-service real estate segments, today announced that it has appointed Lourdes Felix to its Board of Directors. Ms. Felix was also appointed to serve as the Chairperson of the Audit Committee and as a member of the Board’s Compensation Committee and Nominating and Corporate Governance Committee.

Brokerage Ranked Number Two for The Highest Agent Count and Number Three in Real Estate Sales in Polk County, Florida in 2023

Celebration, FL, April 19, 2024 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQLRHC) (“La Rosa” or the “Company”), a holding company for five agent-centric, technology-integrated, cloud-based, multi-service real estate segments, today announced that on April 18, 2024, it received written notice from the Listing Qualifications Staff of the Nasdaq Stock Market ("Nasdaq"), informing the Company that it has regained compliance with Nasdaq Continue Listing Rules by satisfying Nasdaq’s Equity Standard under Listing Rule 5550(b).  

Celebration, FL, March 25, 2024 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQLRHC) (“La Rosa” or the “Company”), a holding company for five agent-centric, technology-integrated, cloud-based, multi-service real estate segments, today announced it will celebrate its recent initial public offering (IPO) and listing on the Nasdaq Stock Market by ringing the Nasdaq Closing Bell in Times Square, New York City. La Rosa commenced trading on the Nasdaq under the ticker symbol “LRHC” on October 10, 2023.

Launching La Rosa’s multi-level revenue share plan in California intended to empower realtors with a unique income stream

Eighth franchisee that has been acquired since IPO

Eighth franchisee that has been acquired since IPO

First-in-Class Software Platform to Bring Transparency to Real Estate Transactions

La Rosa on target to generate $100 million of annualized revenue as a 2024 exit run rate

La Rosa on target to generate $100 million of annualized revenue as a 2024 exit run rate

Targeting $100 million of annualized revenue as a 2024 exit run rate

Targeting $100 million of annualized revenue as a 2024 exit run rate

Targeting $100 million of annualized revenue as a 2024 exit run rate

Celebration, FL, Dec. 05, 2023 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQLRHC) (“La Rosa” or the “Company”), a holding company for five agent-centric, technology-integrated, cloud-based, multi-service real estate segments, and Final Offer, a consumer-facing offer management and negotiation platform driven by agents, today announced a strategic partnership to provide La Rosa’s agents with a more transparent offer and negotiation experience for their clients. This collaboration aligns with La Rosa’s and Final Offer’s mission to revolutionize the real estate transaction process and bring much-needed transparency to the industry through best-in-class technology.

Celebration, FL, Dec. 01, 2023 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQLRHC) (“La Rosa” or the “Company”), a holding company for five agent-centric, technology-integrated, cloud-based, multi-service real estate segments, today announced that Joe La Rosa, Chief Executive Officer of the Company, will be participating at the Noble Capital Markets’ 19th Annual Emerging Growth Equity Conference being held on December 3-5, 2023, at the Florida Atlantic University's Executive Education Complex in Boca Raton, Florida.

Celebration, FL, Nov. 28, 2023 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQLRHC) (“La Rosa” or the “Company”), a holding company for five agent-centric, technology-integrated, cloud-based, multi-service real estate segments, today announced that it has launched a multi-level revenue share plan designed to empower realtors with a unique income stream. The Company believes this innovative model will provide agents with an opportunity to create passive income from day one, setting a new standard for compensation within the real estate sector.

Celebration, FL, Nov. 17, 2023 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQLRHC) (“La Rosa” or the “Company”), a holding company for five agent-centric, technology-integrated, cloud-based, multi-service real estate segments, today announced that it has entered into an area development agreement with Yeimalis & Associates Financial Group under the terms of which the Company intends to launch its first office in Houston, Texas within the nearest future. The management of the Company expects that this new location will be the Company’s first office in the state of Texas and 36th office among its growing network of real estate brokerage offices in seven states in the United States and Puerto Rico.

Partnership Expected to Expand La Rosa’s Commercial Loan and Brokerage Footprint

Celebration, FL, Oct. 26, 2023 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQLRHC) (“La Rosa” or the “Company”), a holding company for seven agent-centric, technology-integrated, cloud-based, multi-service real estate companies, today announced that it has launched its proprietary technology system – JAEME, part of My Agent Account. JAEME is a real estate artificial intelligence (“AI”) assistant created to support and inspire La Rosa’s agents with personalized content to drive marketing, efficiency, and sales.

Company Continues to Execute on its Planned Roll-Up Strategy

Company Begins to Execute on its Planned Roll-Up Strategy

Celebration, FL, Oct. 10, 2023 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQLRHC) (“La Rosa” or the “Company”), a holding company for five agent-centric, technology-integrated, cloud-based, multi-service real estate companies, today announced the pricing of its underwritten initial public offering of 1,000,000 shares of common stock at an initial public offering price of $5.00 per share. The gross proceeds from the offering, before underwriting discounts and commissions and estimated offering expenses payable by the Company, are expected to be $5,000,000. In addition, the Company has granted the underwriters a 45-day option to purchase up to 150,000 additional shares of common stock at the initial public offering price, less the underwriting discount.