New Homes Realty Appoints Industry Veteran Steve Kropper to Board of Directors21 May 2006
New Homes Realty has appointed Steve Kropper to the company's Board of Directors. New Homes Realty, Inc. (http://www.newhomes.com) is based in Clearwater, FL and provides Buyer's Agent services for new and resale homes in 38 states with its network of over 400 licensed real estate agents and brokers. The appointment was made at the first meeting following acquisition by Boston-based Alta Communications.
Steve Kropper founded Domania, which was acquired by LendingTree. Most recently he was Senior Vice President of Equinox, a mortgage outsourcing and customer acquisition firm. Steve is a member of the Mortgage Bankers Association Loan Production Committee, a regular speaker and writer at national real estate and residential finance events, and a contributor to the MBA's Mortgage Banking magazine.
Val Marks, New Homes President and Chief Executive Officer, says, "New Homes will benefit from Steve's expertise in online mortgage media and his strategies focused on incubating leads to increase conversion."
"We are honored to be joined on the board by an online real estate veteran with the experience and caliber of Steve Kropper," states Tim Dibble, Managing General Partner at Alta Communications.
New Homes Realty, Inc.'s family of Web sites, including http://www.newhomes.com, receives over a million visitors per month and generates thousands of homebuyer leads for its network of Real Estate Agents and Brokers. New Homes would rank #165 if rated by the Real Trends 500 study. NewHomes.com was founded in 1992 and has developed a specialized niche as a buyer broker for homebuyers seeking a newly built home. In 1994, the company launched one of the first real estate Web sites on the Internet and has developed its own network of Buyer's Agents (all of whom are licensed Real Estate Agents) in the fastest-growing new home markets in the United States.
About Alta Communications
Alta Communications (http://www.altacomm.com) is a Boston-based private equity firm formed in 1996 to focus exclusively on the media and telecommunications industries. Currently, Alta has approximately $1.5 billion of capital under management in five limited partnerships. Limited partners consist primarily of large pension funds and university endowments. The investment team has more than 100 years of collective communications experience.
About New Homes Realty, Inc.
New Homes Realty, Inc. (http://www.newhomes.com) is a Clearwater residential real estate agency formed in 1994 to provide Buyer's Agent services for new and resale homes currently in 38 states with its network of over 400 licensed Real Estate Agents and Brokers. New Homes Realty also has an extensive online media presence with over a million monthly visitors.
Contact:
Frank Pipolo
New Homes Realty, Inc.
1-800-251-9595
frank.pipolo@newhomes.com
This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com.
Source: prnewswire
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