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by CareyBot

Real estate brokerage and franchise giant Realogy Corp. reported a $237 million first-quarter loss today, as interest expenses on the company's debt outweighed improvements in operating income.Realogy reported that excluding the costs of recent debt restructuring, its operating income -- earnings before interest, taxes, depreciation and amortization, or EBITDA -- rose 14 percent from a year ago, to $25 million.The biggest components of Realogy's loss were interest expenses on its $7.3 billion debt (which totaled $179 million), followed by depreciation and amortization expenses of $46 million. Realogy reported that it took a $36 million loss on the early extinguishment of debt in its restructuring. Revenue for the quarter was up 1 percent from a year ago, to $831 million.Most of that revenu...