The co-working behemoth posted a net loss of $299 million in the first quarter, a $205 million improvement from a year earlier, according to Q1 earnings data released Tuesday morning. Continue reading
The 91-year-old hot dog stand — once thought to be doomed — will instead move across the street after its building was purchased by a developer Extell Development and founder Gary Barnett. Continue reading
Hundreds of banks are exposed to large concentrations of commercial real estate — and high levels of risk, Red Shoe Economics’ K.C. Conway, a seasoned Federal Reserve veteran, told Intel. Continue reading
The embattled coworking giant posted a 75 percent quarterly gain in earnings before interest, taxes, depreciation and amortization — but still shouldered $26 million in losses, according to Q4 earnings on Thursday. Continue reading
Net loss decreased 31 percent year over year as office occupancy returned to pre-pandemic levels, according to a Q2 earnings report released Thursday by WeWork. Continue reading
Intapp will leverage Cherre’s functionality for its DealCloud product, described by the company as a “complete deal, relationship, and pipeline management solution for financial services firms.” Continue reading
TestFit’s interactive, AI-powered real estate feasibility software consolidates data from multiple phases of construction preplanning, to arrive at groundbreaking weeks ahead of what traditional methods allow. Continue reading
The announcement came following Duke Realty’s rejection of a $24 billion buyout offer from Prologis in May, which the company rebuffed for being inadequate. Continue reading
As U.S. businesses withdrew from Russia, Inman surveyed the nation’s top real estate companies. Read on to see how 23 of the industry’s most notable companies have responded to the conflict. Continue reading
Although any property investment presents a mix of risks, drawbacks and rewards, there are many small towns that offer great real estate investment opportunities far and above what the big city can present. Continue reading