La Rosa Holdings expects Consensus Core deal within 60 days
La Rosa Holdings Corp. (NASDAQ: LRHC) announced it anticipates entering into definitive agreements for its proposed transaction with Consensus Core Technologies Inc. within the next 45 to 60 days, according to a company statement.
The real estate and PropTech company said both parties remain actively engaged in due diligence and negotiating transaction documentation. The process continues to progress from the previously announced non-binding letter of intent.
"We are pleased with the continued progress of the proposed Consensus Core transaction and remain encouraged by the strategic opportunities it may create for both organizations," said Joe La Rosa, Chief Executive Officer. He noted that while the letter of intent remains non-binding, there is no assurance a definitive agreement will be executed or the transaction will be completed.
The completion of any definitive agreements remains subject to customary approvals and closing conditions. La Rosa Holdings stated it will provide further updates as developments warrant and in accordance with disclosure obligations.
La Rosa Holdings operates as a real estate and technology company offering agents flexible compensation options through revenue-sharing or fee-based structures with full commission. The company runs 24 corporate-owned brokerage offices across Florida, California, Texas, Georgia, and Puerto Rico, with expansion into Spain. It also operates five franchised offices and three affiliated brokerage locations in the U.S. and Puerto Rico, plus a full-service escrow settlement and title company in Florida.
