STOCK TITAN

Compass Appoints Dawanna Williams, Founder and Managing Principal of Dabar Development Partners, to Board of Directors

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
management
Rhea-AI Summary

Compass (NYSE: COMP) has appointed Dawanna Williams to its board of directors, effective July 1, 2022. With over 20 years in the real estate sector, Williams is the founder of Dabar Development Partners. She possesses extensive knowledge in real estate law, having previously worked with Sidley Austin LLP. Compass, the leading U.S. residential real estate brokerage by closed sales volume, has over 27,000 agents in 352 cities. In the past year, Compass agents transacted over a quarter of a trillion dollars, reinforcing the company's dominant position in the market.

Positive
  • Dawanna Williams brings over 20 years of real estate experience to Compass.
  • Her extensive background in real estate law and business enhances board expertise.
  • Compass maintains its position as the largest U.S. residential real estate brokerage.
Negative
  • None.

Williams brings extensive real estate industry expertise to the company's board of directors

NEW YORK, June 29, 2022 /PRNewswire/ -- Compass, Inc. (NYSE: COMP), a leading technology-enabled residential real estate brokerage, today announced the appointment of Dawanna Williams to its board of directors effective July 1, 2022. Williams currently serves as Founder and Managing Principal of Dabar Development Partners.

"We're very excited to welcome Dawanna to Compass' board of directors," said Robert Reffkin, Founder, Chairman and CEO of Compass. "Dawanna has more than 20 years of experience in the real estate industry and a background that spans both real estate law and business. Her extensive experience, combined with her strong community-driven values make her an invaluable addition to the Compass Board of Directors."

Dawanna Williams is the Founder and Managing Principal of Dabar Development Partners – a real estate development firm that offers modern living solutions with intelligent planning, architectural ingenuity, and environmental integrity.

Williams has decades of experience in the real estate industry. In her current role she guides projects that take advantage of her expertise as a legal and business pragmatist, community-driven values and a passion for refined materials and design. Williams has led a variety of innovative projects, a number of which have earned recognition from New York City's Department of Housing Preservation and Development and New York City's Economic Development Corporation. Under her leadership, Dabar has completed construction projects in New York City, Philadelphia and Atlanta.

"Compass' success is driven by its focus on real estate agents. Investing in our industry, building tools and services real estate professionals need to grow their business, has enabled them to dramatically improve the residential real estate transaction," said Dawanna Williams. "Their practical, solutions-driven approach to business coupled with their strong leadership team makes this position an ideal fit for me and I look forward to joining the Compass Board at this exciting time in our industry."

Prior to founding Dabar, Williams spent 10 years practicing commercial real estate law, most of that time with prominent firm Sidley Austin LLP. During her legal career, she represented major developers, international funds, investment banks, institutional lenders and private equity investors to facilitate a wide range of complex real estate transactions, totaling millions of spatial square feet. Williams also serves on the boards of ACRES Commercial Realty Corp., Focus Impact Acquisition Corp., the New York Real Estate Chamber, the Apollo Theater, and The Trust For Cultural Resources of The City Of New York. She holds an A.B. from Smith College, an M.P.A. from the Harvard Kennedy School and a J.D. from the University of Maryland Francis King Carey School of Law.

Compass is the #1 residential real estate brokerage in the United States by closed sales volume.1 The company is home to over 27,000 agents in 352 cities across the United States. Last year Compass agents transacted over a quarter of a trillion dollars in residential real estate – more than any other brokerage in the country.

About Compass

Compass, a Fortune 500 company, is the largest residential real estate brokerage in the United States. Founded in 2012 and based in New York City, the technology-enabled brokerage provides an end-to-end platform that empowers its residential real estate agents to deliver exceptional service to seller and buyer clients. The platform includes an integrated suite of cloud-based software for customer relationship management, marketing, client service, brokerage services and other critical functionality, all custom-built for the real estate industry. Compass agents utilize the platform to grow their business, save time and manage their business more effectively. For more information on how Compass empowers real estate agents, one of the largest groups of small business owners in the country, please visit www.Compass.com.

1 T. Velt, "RealTrends 500: The Rise of Compass," RealTrends, Online, HW Media, 3/25/2022

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/compass-appoints-dawanna-williams-founder-and-managing-principal-of-dabar-development-partners-to-board-of-directors-301577873.html

SOURCE Compass

FAQ

Who is Dawanna Williams and what is her role at Compass?

Dawanna Williams is the Founder and Managing Principal of Dabar Development Partners. She was appointed to Compass' board of directors, effective July 1, 2022.

What experience does Dawanna Williams bring to Compass?

Williams has over 20 years in the real estate industry, including a decade of experience in commercial real estate law.

How does Compass rank in the residential real estate market?

Compass is the #1 residential real estate brokerage in the U.S. by closed sales volume, with agents transacting over a quarter of a trillion dollars last year.

What is Compass's strategy in the real estate industry?

Compass focuses on providing tools and services that empower real estate agents to improve their business and enhance customer service.

Compass, Inc.

NYSE:COMP

COMP Rankings

COMP Latest News

COMP Stock Data

3.35B
497.90M
2.74%
69.36%
3.74%
Real Estate Services
Services-computer Programming Services
Link
United States of America
NEW YORK