‘Substantial doubt’ that WeWork can stay afloat, company says

By WeWork’s own admission, it is unlikely to last as a company much longer. In order to survive, an earnings report said it would need to reduce lease costs and other expenses, increase revenue and find a source of additional capital through debt or eq… Continue reading

8 big reveals from Mauricio Umansky’s book ‘The Dealmaker’

From helping to launch the Mexican Olympic ski team to fresh insights into his split with Hilton & Hyland, the book is full of interesting anecdotes about Umansky’s life paired with the lessons that came out of those experiences. Continue reading

Keller Williams’ sales dip in US as agent count takes big leap overseas

Transaction sides fell 18.2 percent year over year for a total of $472.9 billion in sales in 2022, a 12.5 percent decline, according to a full-year earnings report released Monday afternoon by the Texas-based brokerage. Continue reading

Compass faces first downturn amid pressure to cut costs

The brokerage has dominated the conversation for years in real estate but is now faced with the task of becoming profitable amid its first major market downturn. Continue reading

Keller Williams parent company CEO Carl Liebert departs

Carl Liebert took the reins of Keller Williams parent company kwx in 2020. Following his departure, top executives will now report directly to company co-founder Gary Keller. Continue reading

Why are proptech companies flailing on the stock market?

At Inman CEO Connect on Tuesday, First American Chief Innovation Officer Paul Hurst broke down what’s going on with the stock market and why SPAC mergers are so popular. Continue reading

From NFTs to IPOs: The top real estate investment stories of 2021

Proptech’s banner year, a couple long-awaited IPOs, surging rent growth and more — here’s all the hot Property Portfolio news that hit the press in 2021. Continue reading

Real estate in 2021 was weird, wild and always unpredictable

The year saw explosive rivalries, wild stock market performances and plenty of rage. Continue reading

Vacation rental giant Vacasa makes its stock market debut

The vacation rental management firm is the latest to go public via a merger with a special purpose acquisition company. Continue reading

2022 will be pivotal for Offerpad as it competes for the iBuyer crown

With the implosion of Zillow Offers in October, all eyes will be on Opendoor and Offerpad as they duke it out for iBuyer marketshare in 2022. Here are the biggest challenges Offerpad faces next year. Continue reading