GO Companies\ LLC, a Columbus, Ohio-based holding company, today announced the launch of its business and its intent to form a “one-stop shop” for homebuyers that includes mortgages, real estate brokerage services, title services, and more.
GO Companies also said it acquired GO Mortgage, a nationwide, independent mortgage bank licensed in 36 states and the District of Columbia. GO Mortgage was formerly known as GSF Mortgage, a Brookfield, Wisc.-based full-service mortgage lender.
The company also said it bought a controlling stake in 3 Degrees Realty, a residential real estate brokerage, and a minority stake in MeyMax Title, a residential real estate title insurance company. GO Companies said it also plans to complete a transaction with a property and casualty insurance company to provide insurance solutions to home buyers.
GO Companies said in a statement that it plans to merge the services from all three companies to “create a one-stop shop that provides homebuyers with everything they need to purchase a home under one roof, while delivering a seamless customer experience.” The company expects the combination of services will improve the customer experience while also providing lower rates and fees, it said.
GO Companies will be led by Michael Isaacs, who has more than 20 years of experience operating real estate businesses, including mortgage banking companies. Isaacs will serve as CEO. In addition, Andrew Panagos will serve as chief operating officer, the company said.
"Combined with our innovative technology, the launch of GO Companies will enable us to provide a seamless experience for our customers," Isaacs said. "Our ultimate goal is to bring technology, people, and processes necessary to reduce cycle times and create the most efficient company with the highest level of services the real estate industry has ever seen."
"GO Companies is poised to become a major player," Panagos added. "In addition to positioning GO Mortgage for significant growth, the additional companies will add value for our entire client base."
