leadership
confidence high
sentiment positive
materiality 0.55
Reliance Global Group launches real estate division; hires Abe Miller on success-based comp
Reliance Global Group, Inc.
- New division will focus on acquiring/developing multi-family and commercial real estate properties.
- Abe Miller joins to head division; no fixed salary, compensated on success-based model only.
- Miller previously built a $3B real estate portfolio through strategic acquisitions.
- Division launch expected after closing of previously announced Spetner acquisition.
- CEO expects non-dilutive financing backed by asset value and operational cash flows.