Douglas Elliman Inc. is engaged in real estate services and property technology investment business. It is engaged in investing in early-stage, disruptive property technology (PropTech) solutions and companies and provides other real estate services, including development marketing, property management and settlement and escrow services in select markets. Its segments include Real Estate Brokerage and Corporate and other. The Real Estate Brokerage segment includes residential real estate brokerage services through its subsidiary, Douglas Elliman Realty, which operates the residential brokerage company in the New York metropolitan area and also conducts residential real estate brokerage operations in Florida, California, Texas, Colorado, Nevada, Massachusetts, Connecticut, and others. The Corporate and other segment is engaged in the operations of its holding company as well as its investment business that invests in select PropTech opportunities through, New Valley Ventures subsidiary.
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