Bilt Rewards and Douglas Elliman Property Management Announce New Landmark Partnership

$DOUG
Real Estate
Finance
Get the next $DOUG alert in real time by email

Bilt Rewards ("Bilt"), the leading payments and rewards platform, announced today that Douglas Elliman, a major independent residential real estate brokerage with one of the largest property management divisions in New York City, is the first major condo and co-op property management firm to join the Bilt Rewards Alliance. Douglas Elliman Property Management oversees a portfolio of more than 40,000 units across nearly 400 buildings in NYC.

This marks a significant expansion for the Bilt Rewards Alliance, which was established in collaboration with leading residential real estate companies and currently spans over four million homes nationwide. The seamless integration between Bilt's payment platform and Douglas Elliman's residential property management system allows their condo and co-op residents to earn rewards and benefits at home and in their neighborhood, extending the value of Bilt beyond renters.

With this new partnership, residents of Douglas Elliman managed buildings will now make their monthly condo and co-op fee payments through Bilt while earning valuable rewards on those payments and getting access to a range of exclusive benefits. In addition to rewards on monthly payments, residents can also earn rewards and access exclusive benefits in their neighborhood at local Bilt Neighborhood Rewards partners including restaurants, fitness studios, rideshare and more. Bilt's rewards ecosystem allows residents to redeem points earned towards travel with top airlines and hotels, their next condo and co-op payment, fitness classes and more.

"Bilt has transformed the market by rewarding renters and homeowners on their monthly payments and everyday spend with local merchants," said Dan Sachar, Vice President of Enterprise Innovation at Douglas Elliman, Inc. "We're excited to bring this more rewarding living experience to residents in condos and co-ops across all Douglas Elliman properties. Since launching, we are thrilled to share nearly 7 million points have already been redeemed by residents for travel experiences, Amazon purchases, condo and co-op statement credits, and more."

"Our partnership with Douglas Elliman is the first step in expanding Bilt Rewards beyond renters," said David Wyler, Chief Commercial Officer at Bilt Rewards. "We're thrilled to partner with a leader in the real estate space to bring benefits and rewards to the broader housing industry."

Ranked as the highest-value points currency in the market, Bilt Points can be redeemed for travel across over 100 major airlines and hotels, including Hilton Honors, Alaska Airlines, Emirates Skywards, KLM-Air France, FlyingBlue, World of Hyatt loyalty program, Marriott Bonvoy®, and others. Additionally, Bilt Points can be used towards fitness classes at the country's top studios including SoulCycle, Rumble, Y7, and more, as well as for limited-edition and exclusive collections of art and home decor through the Bilt Collection. Furthermore, points can be utilized for future condo and co-op payments.

About Bilt Rewards

Bilt Rewards is the first program for consumers to earn rewards on payments and daily neighborhood spend. The Bilt Rewards Alliance was developed in partnership with the nation's largest residential owners and operators, including companies such as Greystar, Asset Living, Willow Bridge Property Company, AvalonBay, Equity Residential, Related Companies, GID, Starwood, Cushman & Wakefield, Bozzuto, Camden, Brookfield, Berkshire Residential, ZRS, Invitation Homes, Highmark, Beztak, Nuveen, Trammell Crow, PGIM, and more. Bilt Rewards enables its members in millions of units across the country to earn Bilt Points just by paying monthly charges, while owners and operators benefit from resident loyalty, cost savings and a share of revenue. For more information on Bilt Rewards, visit BiltRewards.com, and visit BiltAlliance.com.

About Douglas Elliman Inc.

Douglas Elliman Inc. (NYSE:DOUG, "Douglas Elliman"))) owns Douglas Elliman Realty, LLC, which is one of the largest residential brokerage companies in the United States with operations in New York, Florida, California, Texas, Colorado, Nevada, Massachusetts, Connecticut, Maryland, Virginia and Washington, D.C. In addition, Douglas Elliman sources, uses and invests 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. Additional information concerning Douglas Elliman Realty is available on its website, www.elliman.com.

Investors and others should note that we may post information about Douglas Elliman Inc. on our website at investors.elliman.com or, if applicable, on our accounts on Facebook, Instagram, LinkedIn, TikTok, Twitter, YouTube or other social media platforms. It is possible that the postings or releases could include information deemed to be material information. Therefore, we encourage investors, the media and others interested in Douglas Elliman to review the information we post on our website at investors.elliman.com and on our social media accounts.

Get the next $DOUG alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$DOUG

DatePrice TargetRatingAnalyst
7/18/2023Neutral
BTIG Research
2/24/2022$8.50Buy
Jefferies
More analyst ratings

$DOUG
Press Releases

Fastest customizable press release news feed in the world

See more
  • Douglas Elliman Inc. to Host Fourth Quarter and Full Year 2024 Results Conference Call

    Douglas Elliman Inc. (NYSE:DOUG) will conduct a conference call and webcast to discuss its fourth quarter and full year 2024 results on Tuesday March 11, 2025 at 9:00 a.m. (ET). Investors may access the call via live webcast at https://join.eventcastplus.com/eventcastplus/Douglas-Elliman-Inc-Fourth-Quarter-and-Full-Year-Earnings-Call. Please join the webcast at least 10 minutes prior to start time. A replay of the call will be available shortly after the call ends on March 11, 2025 through March 25, 2025 at https://join.eventcastplus.com/eventcastplus/Douglas-Elliman-Inc-Fourth-Quarter-and-Full-Year-Earnings-Call. About Douglas Elliman Inc. Douglas Elliman Inc. (NYSE:DOUG, "Douglas Elli

    $DOUG
    Real Estate
    Finance
  • Villa Spectre, A $55 Million James Bond-Inspired Estate Sets Record in Delray Beach, Florida

    DELRAY BEACH, Fla., Dec. 13, 2024 /PRNewswire/ -- Villa Spectre, located at 16161 Quiet Vista Circle, has set a new benchmark as the highest-priced sale in Delray Beach. The Estate, which was available off-market for $55,000,000, closed close to the asking price. The record-breaking transaction was expertly handled by globally renowned real estate agent Senada Adžem of Douglas Elliman. Designed, developed, and brought to life by Aldo Stark of Prestige Design Homes, the estate effortlessly blends modern European elegance with an air of intrigue and exclusivity. Villa Spectre is

    $DOUG
    Real Estate
    Finance
  • Douglas Elliman Inc. Reports Third Quarter 2024 Financial Results

    Executing strategic plan focused on growing and diversifying the business to deliver value Created strategic M&A and business development unit to explore complementary acquisitions in ancillary businesses and bolster core brokerage business Building a future-focused company based on a culture of integrity, connectivity and entrepreneurialism Douglas Elliman Inc. ("Douglas Elliman" or the "Company") (NYSE:DOUG) today announced financial results for the three and nine months ended September 30, 2024. "I am excited to be leading Douglas Elliman into a new era," said Michael S. Liebowitz, Chairman and Chief Executive Officer of Douglas Elliman. "We're expanding our company culture of connec

    $DOUG
    Real Estate
    Finance

$DOUG
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

See more

$DOUG
Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

See more

$DOUG
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$DOUG
SEC Filings

See more

$DOUG
Leadership Updates

Live Leadership Updates

See more
  • Douglas Elliman Inc. Announces Leadership Transition

    Howard M. Lorber Has Decided to Retire; Board Director Michael Liebowitz Appointed Chairman & CEO Douglas Elliman Inc. (NYSE:DOUG, "Douglas Elliman" or the "Company"))) today announced that Howard M. Lorber (76) has decided to retire from his position as President, Chief Executive Officer and Chairman of the Board. Douglas Elliman extends its deepest appreciation to Mr. Lorber for his strategic vision and years of dedication and hard work that have made Douglas Elliman the country's premier real estate brokerage firm, setting new standards in luxury service and innovation. Douglas Elliman Board Director Michael Liebowitz (55) has been appointed Chairman and Chief Executive Officer of Doug

    $DOUG
    Real Estate
    Finance
  • Salvatore Troia Joins NNN Pro as Chief Financial Officer as Company Continues to Bolster Brokerage Platform

    NNN Pro, the market leading net lease investment sales and advisory firm, announced the appointment of Salvatore Troia as Chief Financial Officer, effective immediately. In this role, Mr. Troia will be responsible for overseeing and managing all financial activities related to the operations of the business. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240605105195/en/(Photo: Business Wire) Mr. Troia most recently served as Chief Financial Officer of Douglas Elliman Real Estate, a division of Douglas Elliman Inc (NYSE:DOUG), one of the largest residential brokerage firms in the country. Over his more than 25-year career, Mr. T

    $DOUG
    Real Estate
    Finance
  • Bilt Rewards and Douglas Elliman Property Management Announce New Landmark Partnership

    Bilt Rewards ("Bilt"), the leading payments and rewards platform, announced today that Douglas Elliman, a major independent residential real estate brokerage with one of the largest property management divisions in New York City, is the first major condo and co-op property management firm to join the Bilt Rewards Alliance. Douglas Elliman Property Management oversees a portfolio of more than 40,000 units across nearly 400 buildings in NYC. This marks a significant expansion for the Bilt Rewards Alliance, which was established in collaboration with leading residential real estate companies and currently spans over four million homes nationwide. The seamless integration between Bilt's payme

    $DOUG
    Real Estate
    Finance

$DOUG
Financials

Live finance-specific insights

See more
  • Douglas Elliman Inc. to Host Fourth Quarter and Full Year 2024 Results Conference Call

    Douglas Elliman Inc. (NYSE:DOUG) will conduct a conference call and webcast to discuss its fourth quarter and full year 2024 results on Tuesday March 11, 2025 at 9:00 a.m. (ET). Investors may access the call via live webcast at https://join.eventcastplus.com/eventcastplus/Douglas-Elliman-Inc-Fourth-Quarter-and-Full-Year-Earnings-Call. Please join the webcast at least 10 minutes prior to start time. A replay of the call will be available shortly after the call ends on March 11, 2025 through March 25, 2025 at https://join.eventcastplus.com/eventcastplus/Douglas-Elliman-Inc-Fourth-Quarter-and-Full-Year-Earnings-Call. About Douglas Elliman Inc. Douglas Elliman Inc. (NYSE:DOUG, "Douglas Elli

    $DOUG
    Real Estate
    Finance
  • Douglas Elliman Inc. Reports Third Quarter 2024 Financial Results

    Executing strategic plan focused on growing and diversifying the business to deliver value Created strategic M&A and business development unit to explore complementary acquisitions in ancillary businesses and bolster core brokerage business Building a future-focused company based on a culture of integrity, connectivity and entrepreneurialism Douglas Elliman Inc. ("Douglas Elliman" or the "Company") (NYSE:DOUG) today announced financial results for the three and nine months ended September 30, 2024. "I am excited to be leading Douglas Elliman into a new era," said Michael S. Liebowitz, Chairman and Chief Executive Officer of Douglas Elliman. "We're expanding our company culture of connec

    $DOUG
    Real Estate
    Finance
  • Douglas Elliman Inc. to Host Third Quarter 2024 Results Conference Call

    Douglas Elliman Inc. (NYSE:DOUG) will conduct a conference call and webcast to discuss its third quarter 2024 results on Thursday November 7, 2024 at 8:00 a.m. (ET). Investors may access the call via live webcast at https://join.eventcastplus.com/eventcastplus/Douglas-Elliman-Inc-Third-Quarter-2024-Conference-Call. Please join the webcast at least 10 minutes prior to start time. A replay of the call will be available shortly after the call ends on November 7, 2024 through November 21, 2024 at https://join.eventcastplus.com/eventcastplus/Douglas-Elliman-Inc-Third-Quarter-2024-Conference-Call. About Douglas Elliman Inc. Douglas Elliman Inc. (NYSE:DOUG, "Douglas Elliman")) owns Douglas Ell

    $DOUG
    Real Estate
    Finance

$DOUG
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more