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The Company is an online marketplace for commercial real estate in the United States, based on the number of monthly unique visitors to its marketplace.
Looks like my favorite online real estate dealer is going to be releasing some results this week. This is going to be good. Terrible sector at the moment but a wonderful company that is going to be doing way better compared to the rest. Also reselling of real estate is one of the only parts of the real estate market booming right now after such a long drop in real estate. I'm ready to ride the wave back up.
""reselling of real estate is one of the only parts of the real estate market booming right" No way. CRE tranactions are at half of 2007 levels. The CMBS market is all but not existant.If there is one bright spot in CRE, leasing activity is up as rental rates have fallen.It's easy for LOOP to beat expectations (and for management to pat themselves on the back) when they sandbag guidance each quarter.
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