Offerpad adds to C-suite; new regional VP at Coldwell Banker
The iBuyer has bulked up it leadership team with new executive roles focused on analytics and strategy; Hanna Gorka to lead CB’s Midwest operations.
Editor's note: As an industry with millions of agents and over 100,000 brokerage companies, new leaders rise to the top every day. Here we highlight executives and other notable leaders who've recently taken on, or stepped away from, roles that influence the residential real estate landscape.
Offerpad adds strategy, analytics roles to its C-suite
Offerpad has been fortifying its leadership team in recent months. The iBuyer's latest appointments include Dr. Jai Singh, who is now chief pricing and analytics officer, and Rich Ford, who joins the company as chief strategy officer and president of its Cash Offer Marketplace.
Singh joined Offerpad in 2019 and most recently served as chief risk officer. In his newly expanded role, Singh will oversee the evolution of Offerpad's pricing infrastructure, portfolio management systems and asset disposition strategies, with a focus on AI and machine learning, the company said in a press release.
Among other responsibilities, Singh will be tasked with advancing automated valuation models and expanding the company's analytics-led marketing framework — efforts that reflect "the growing importance of AI-driven decisioning across our operating platform," according to Offerpad Founder and CEO Brian Bair.
The news follows last week's announcement that Ford — who brings over 25 years of experience across residential real estate, capital markets and technology — will help shape the company's long-term strategy and lead the continued development of its marketplace-driven transaction platform, according to a news release.
An early pioneer in the single-family rental (SFR) sector, Ford most recently co-founded Roofstock, where he helped scale the company's SFR marketplace as one of its senior executives. He previously worked on large-scale housing marketplace platforms and held roles in real estate capital markets at Jefferies, Bank of America, Lehman Brothers and Morgan Stanley.
At Offerpad, Ford said he sees an opportunity to give homeowners "multiple ways to sell through one integrated platform," which enables the company "to deliver speed and certainty while optimizing pricing and capital efficiency."
Ford's experience "will help sharpen our strategy and strengthen outcomes for sellers and shareholders," Bair added.
Singh and Ford's appointments follow the hiring of former media exec Chris Carpenter as chief operating officer in November — a move intended to strengthen the company's operational infrastructure and drive efficiency as it continues to scale, Offerpad noted at the time.
Coldwell Banker names new regional VP
Coldwell Banker Realty has selected industry veteran Hanna Gorka to serve as its regional VP in the Midwest. In the role, Gorka will oversee the company's West, City and Michiana operations, as well as its commercial division across the Midwest and Texas, according to a news release.
Gorka brings over 20 years of experience spanning residential and commercial real estate brokerage, operations leadership and financial services. She most recently served as the operations manager for Cushman & Wakefield's Chicago market, and previously launched an independent brokerage and co-founded a national financial services consultancy.
Gorka has proven her "ability to lead teams through strategic growth and operational excellence," said Ayoub Rabah, regional president of Coldwell Banker Realty in the Midwest. Combined with her many years of experience, this ability makes Gorka "an outstanding addition to our leadership team," Rabah added.
Gorka said that she is excited to "support the continued growth" of the company's residential and commercial operations, adding, "It's an honor to join a brand so deeply committed to empowering real estate professionals and elevating the client experience."
Editor's note: AI was used in the initial drafting of this content, which was then thoroughly reviewed, fact-checked and revised by a Real Estate News editor.