How one real-estate unicorn is getting past gutting layoffs and slowing deals [Business Insider]
MetLife, Inc. (MET)
Last metlife, inc. earnings: 2/5 04:15 pm
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Source: Business Insider
CEO Ryan Stroker spoke to Business Insider about the company's layoffs and its future vision. It's been a bleak time for real estate. Rising interest rates have slammed the brakes on deals , and many real-estate companies have cut staff as revenues slowed. Until recently, Avenue One, a startup that uses technology to help large investors like KKR and Global Atlantic buy and sell homes to rent, appeared immune to to the slowdown. Founded in 2020 by real-estate executives Ryan Stroker and William Martiner, Avenue One was profitable by early 2021, company officials told Business Insider. By May 2023, during the heart of the real-estate slowdown, the company had attained unicorn status after raising $100 million in funding from investors like WestCap and insurance giant MetLife. It seemed a fitting cap to three years of rapid growth spurred on by Wall Street's insatiable appetite for buying and managing rental homes. The investment space referred to as single-family rentals had bec
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News
- How Should You Play MetLife (MET) Ahead of Q1 Earnings? [Yahoo! Finance]Yahoo! Finance
- MetLife (MET) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures [Yahoo! Finance]Yahoo! Finance
- MetLife (MET) Earnings Expected to Grow: Should You Buy? [Yahoo! Finance]Yahoo! Finance
- MetLife Increases Common Stock Dividend by 4.8% [Yahoo! Finance]Yahoo! Finance
- MetLife Increases Common Stock Dividend by 4.8%Business Wire
MET
Earnings
- 1/31/24 - Miss
MET
Sec Filings
- 4/26/24 - Form DEF
- 4/26/24 - Form ARS
- 4/26/24 - Form DEFA14A
- MET's page on the SEC website