EXCLUSIVE: La Rosa Announces Plans to Acquire Celebration Corporate Center, Boosting Real Estate Presence
Portfolio Pulse from Anusuya Lahiri
La Rosa Holdings Corp (NASDAQ: LRHC) announced plans to acquire Celebration Corporate Center LLC through its subsidiary, La Rosa Property Management LLC. The acquisition is expected to finalize in Q3 2024 and aims to boost LRHC's real estate presence. The company also reported a 15% growth in Q2 transaction volume and anticipates a 30% annual growth rate in properties under management, contributing to significant revenue increases in 2024.
July 24, 2024 | 12:00 pm
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La Rosa Holdings Corp (NASDAQ: LRHC) announced plans to acquire Celebration Corporate Center LLC, which is expected to boost its real estate presence and contribute to significant revenue increases in 2024. The acquisition is anticipated to finalize in Q3 2024.
The acquisition of Celebration Corporate Center LLC is a strategic move to enhance LRHC's real estate portfolio. The expected 30% annual growth rate in properties under management and the anticipated revenue increase in 2024 are positive indicators for the company's future performance.
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