REAL ESTATE TECHNOLOGY,REAL ESTATE INVESTMENT
Grace Hill and Ellis | January 02, 2023
Grace Hill, a pioneer in talent and customer management solutions for commercial and multi-family real estate, recently announced that it acquired Ellis Partners in Management Solutions (Ellis), a provider of mystery shopping and resident and employee survey solutions, and Edge2Learn, an e-learning company offering training and policy management solutions in the multifamily industry. However, the financial details of the transaction weren't revealed.
To aid property owners and operators in retaining top talent and enhancing the financial performance of their properties, Edge2Learn and Ellis offer online training in addition to policy, survey, mystery shopping, and data-driven insights. Over 600 online training courses catering to the needs of multi-family rental communities in the conventional, affordable, student, and senior markets have been developed by the companies. The merged business will offer a cutting-edge employee and property intelligence platform that improves productivity and profitability.
Grace Hill stated that both Edge2Learn and Ellis share the company's dedication to creating world-class training, mystery shopping, and management solutions to assist industry-leading real estate operators and owners in maximizing property performance, mitigating operational risk, and cultivating the talents of their workforce.
Among real estate training and feedback providers, Grace Hill, Edge2Learn, and Ellis have earned a well-earned reputation as industry leaders. Edge2Learn and Ellis are thrilled to join forces with Grace Hill and Aurora groups to form a truly innovative business that meets their combined clientele's current and future needs.
According to Aurora, Grace Hill is a market leader in its own right with enormous expansion potential, and this is the kind of game-changing deal it would like to close early in its hold period.
Since forming a strategic partnership with Aurora in May 2021, Grace Hill has added Kendall Pretzer as CEO, Charles Loop as CFO, Todd Harkness as CRO, Rob Beauchamp as CPO, and Traci Johnson as CMO to its executive ranks. Grace Hill was assisted by the law firms of Massumi + Consoli LLP and Gibson Dunn & Crutcher LLP.
About Grace Hill
Grace Hill offers cutting-edge SaaS technology solutions for the real estate market, intending to improve people's daily lives in their communities. By drawing on its extensive background in the real estate industry and its knowledge that 'people are better together', Grace Hill assists property owners and managers in boosting their properties' profitability, decreasing operational risk, and training future leaders. Grace Hill's talent performance solutions include policy, training, assessment, survey, and data-driven insights, and are relied on by over 500,000 professionals at over 1,700 businesses.
About Ellis
Ellis, Partners in Management Solutions (EPMS) has helped multi-family housing companies evaluate their sales and marketing effectiveness for over 35 years through its Apartment Mystery Shopping program. Using a multi-step process that captures the customer experience as a whole – from objective technique (shops) to subjective feedback (surveys) to emotional impact (social media) – Ellis offers customers easily attainable solutions that drive customer loyalty, resident retention, and profits.
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REAL ESTATE TECHNOLOGY, REAL ESTATE INVESTMENT
Colibri Real Estate | February 14, 2023
On February 13, 2023, Colibri Real Estate, one of the leading real estate learning solutions providers nationally, announced the launch of a new interactive learning platform for aspiring real estate professionals. The platform was designed based on the feedback shared by the students for easy and engaging experiences in learning and doing the courses.
The new interactive learning platform includes the highlights such as a comprehensive view of each student’s goal, quick-start functionality to pick up where the students left off the course, recommended content and courses to help students reach their goals, provides a goal tracker to monitor the committed time for the course hours, and overall brings all-in-one organized and a convenient platform which starts from the course and instructor information to links and course specific resources, providing access to all the content of the course purchased by a student with filtering option.
Jennifer Dixson Hoff, President of Colibri Real Estate, said, “We are committed to ensuring strong education outcomes that drive early career success, through highly-innovative, interactive learning experiences.” She further added, “With this learning platform evolution, we are building the future of real estate education and are helping people rise to the challenge and achieve more in their careers.”
(Source: Business Wire)
About Colibri Real Estate
Colibri Real Estate gives new and experienced real estate professionals the tools the students require to start or advance their careers. It is part of the Colibri Group, an education company of top brands that helps licensed professionals learn. Expert-led content and curriculum, custom education solutions, robust classrooms, recruitment and study resources, innovative online learning solutions and modalities for every type of learner are all part of its comprehensive set of tools. In addition, the company, based in St. Louis, Missouri, provides first-in-the-industry, widely available live stream courses wherever and whenever the students like to learn about real estate.
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BROKERAGE, REAL ESTATE TECHNOLOGY
United Real Estate | February 20, 2023
In Charleston, a unique real estate residential model is being introduced by two United Real Estate franchise owners who have partnered. The new model is unlike traditional brokerages, their office provides training, award-winning technology, and brokerage support without charges as a commission split from the agents.
For Winston Velpula and Brenda Daly, the co-owners, Charleston was an obvious choice with tremendous opportunities in the city. With a flourishing economy propelled by the presence of Fortune 500s and prominent employers, Charleston boasts numerous well-compensated employment opportunities. Additionally, the city's income per capita exceeds the national average by 4%. Furthermore, the city's metropolitan population of 800,000 contributes to a robust real estate market, which some consider nearly impervious to economic downturns.
Daly and Velpula know how to develop informed professionals with skills to achieve clients' goals. United | Charleston offers thorough agent training, focus, skill, and service development. Real estate agents are taught to do their research to make sure the property and its surrounding area are a good fit for a client. Marketing plans are modified to reach more buyers and develop more valuations based on competitive research. The office is in Mount Pleasant, off state highway 17, at 735 Johnnie Dodds Blvd., Suite 100.
About United Real Estate
United Real Estate is a division of United Real Estate Group, established in 2011, and aims to solve the challenges agents and brokers face in maintaining profitability in a competitive marketplace. With its agent-centric model, brokers can provide their agents with scalable technology solutions that reduce delivery costs as their businesses expand without having to split commissions. In addition, the company offers updated training, marketing, and technology tools to brokers and agents under a transaction-based agent commission model. United Real Estate, based in Dallas (Texas), operates in 32 states with 148 offices and around 18,000 agents. The company's sales volume for 2021 was more than$21.5 billion.
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