Record First Half Revenue
In the first half of 2025, revenues increased by 8% year-over-year to $524.8 million, marking the strongest first half revenue performance since 2022.
Luxury Market Growth
Sales of homes over $5 million increased by 38% in the first half of 2025 compared to the same period in 2024. Additionally, sales of homes over $10 million increased by 32%.
Development Marketing Division Success
The development marketing division's revenue increased to $35.4 million in the first half of 2025, up from $17.7 million in the same period in 2024.
Launch of Elliman Capital and Elliman International
Elliman Capital was launched as an innovative mortgage platform and Elliman International was established to expand service to global markets.
Improved Profitability Metrics
Adjusted EBITDA for the first half of 2025 was $259,000, compared to a loss of $14.7 million in the same period in 2024.