Reliance Global Group Forms New Real Estate Division Aimed At Expanding Operations
Portfolio Pulse from Benzinga Newsdesk
Reliance Global Group, Inc. (NASDAQ:RELI) has announced the formation of a new Real Estate division. This division will leverage Ezra Beyman's experience in mortgage brokerage and multi-family properties. Abe Miller, a successful real estate investor, will oversee the division and be compensated on a success-based model. The new division will supplement the company's focus on acquiring profitable insurance agencies.
July 01, 2024 | 12:38 pm
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Reliance Global Group, Inc. (NASDAQ:RELI) has formed a new Real Estate division to expand its operations. The division will be led by Abe Miller, who will be compensated based on success. This move aims to supplement the company's focus on acquiring profitable insurance agencies.
The formation of a new Real Estate division indicates a strategic expansion for Reliance Global Group. Leveraging the expertise of Ezra Beyman and Abe Miller, this move is likely to positively impact the company's growth prospects. The success-based compensation model for Miller aligns his interests with the company's performance, which could drive better results.
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