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Z Zillow Group Inc

52.4267
0.7867 (1.52%)
Last Updated: 15:06:43
Delayed by 15 minutes
Share Name Share Symbol Market Type
Zillow Group Inc NASDAQ:Z NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.7867 1.52% 52.4267 52.42 52.46 52.86 51.88 52.00 347,222 15:06:43

Zillow Group Opens Renovated Office Space in Historic Longworth Hall, Allowing it to Double the Number of Dotloop Employees i...

26/06/2018 7:54pm

PR Newswire (US)


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CINCINNATI, June 26, 2018 /PRNewswire/ -- Dotloop®, a collaborative platform for real estate professionals that enables agents, brokers, and third-party service providers to complete the entire real estate transaction online, has renovated its Cincinnati headquarters, increasing its footprint in historical Longworth Hall from 12,000 square feet to 24,000 square feet. The additional office space will allow dotloop to double its headcount from 80 employees when the company was acquired by Seattle-based Zillow® Group in 2015 to over 160 employees this year.

The renovated office demonstrates Zillow Group's commitment to Cincinnati.

"We are proud of Zillow Group and dotloop's commitment to Cincinnati," said Mayor John Cranley. "By expanding their business here in the city and by making a significant investment in the community, the City of Cincinnati is proud to proclaim today, June 26 'dotloop Day.'"

"Investing in the Midwest is an important priority for Zillow Group and we're excited to expand our presence in Cincinnati," said Dan Spaulding, Chief People Officer, Zillow Group. "We're investing beyond traditional tech cities because talent is everywhere. We work in real estate — an industry that touches all communities. Every town has real estate agents, renters, buyers, and sellers, and having people with different perspectives working at our company has been hugely valuable in our success."

Austin Allison, dotloop founder and general manager, shared a similar sentiment, "It was important to me when we were acquired by Zillow Group that we maintain our home in Cincinnati, and in fact grow our presence in the city. As a native Cincinnatian, I know the caliber of talent we have in the city. I am looking forward to continuing to hire the best and brightest that the city has to offer."

During a re-opening celebration at the office, Zillow Group will also present a check for $25,000 to Over-the-Rhine Community Housing, a local non-profit that provides property development and management, residential services and tenant advocacy to low-income residents. The donation is made possible through Zillow Group's Home Project, the company's signature social impact program, which aims to address housing insecurity by pledging up to $5 million in cash and in-kind contributions over the next five years to support vulnerable families.

Dotloop was founded in Cincinnati in 2009.

About Zillow Group
Zillow Group, Inc. (NASDAQ:Z and ZG) houses a portfolio of the largest real estate and home-related brands on mobile and the web, which focus on all stages of the home lifecycle: renting, buying, selling and financing. Zillow Group is committed to empowering consumers with unparalleled data, inspiration and knowledge around homes, and connecting them with great real estate professionals. The Zillow Group portfolio of consumer brands includes real estate and rental marketplaces Zillow®, Trulia®, StreetEasy®, HotPads®, Naked Apartments®, RealEstate.com and Out East®. In addition, Zillow Group provides a comprehensive suite of marketing software and technology solutions to help real estate professionals maximize business opportunities and connect with millions of consumers. Zillow Instant Offers™ provides homeowners in some metropolitan areas with the opportunity to receive offers Zillow. When Zillow buys a home, it will make necessary updates and list the home for resale on the open market. The company operates a number of business brands for real estate, rental and mortgage professionals, including Mortech®, dotloop®, Bridge Interactive® and New Home Feed®. The company is headquartered in Seattle.

Zillow, Mortech, Bridge Interactive, StreetEasy, HotPads, Out East and New Home Feed are registered trademarks of Zillow, Inc. Zillow Instant Offers is a trademark of Zillow, Inc. Trulia is a registered trademark of Trulia, LLC. dotloop is a registered trademark of DotLoop, LLC. Naked Apartments is a registered trademark of Naked Apartments, LLC.

About dotloop
Dotloop is the leading online transaction and productivity optimization platform in real estate. Dotloop reduces complexity by replacing separate form creation, e-sign, and transaction management systems with a single end-to-end solution and drives growth by helping real estate professionals streamline their businesses with workflow automation and real-time visibility into transactions. Each year, millions of agents, brokers, and clients trust dotloop to get deals done.

The company is based in Cincinnati, Ohio. dotloop is owned and operated by Zillow Group, Inc. (NASDAQ:Z and ZG). To learn more about dotloop, visit www.dotloop.com.

 

Cision View original content:http://www.prnewswire.com/news-releases/zillow-group-opens-renovated-office-space-in-historic-longworth-hall-allowing-it-to-double-the-number-of-dotloop-employees-in-cincinnati-300672667.html

SOURCE Zillow Group

Copyright 2018 PR Newswire

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