Self Storage Still Rising After Pandemic Surge
About 50M sf of space expected to be delivered this year
Eased pandemic restrictions mean fewer people are stuck at home with their extra stuff, but the nationwide interest in self...
JoinedDecember 23, 2019
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Crashing the Party: New Spac Rules Could Slash Proptech Deals
Regulators want to rein in blank-check mania — a move that may result in fewer but better public market debuts
Taking a proptech firm public will never again be so easy — if regulators have their way. Many feel it...
Venture Capitalists Piled Record $4B Into Proptech in Q1
Investors undeterred by rising interest rates and lackluster public debuts
Rising interest rates and market volatility have whipped up headwinds for real estate technology in recent months, but venture capitalists...
Jamie Dimon to Work-From-Homers: You Win
In blow to office landlords, JPMorgan Chase CEO gives in to remote work
“People don’t like commuting, but so what?” JPMorgan Chase CEO Jamie Dimon said a year ago. Since then, leverage has...
WeWork’s Losses Narrow but Are Still Huge
Shared workspace company expects revenue to surge 30% this year
WeWork’s quarterly losses narrowed throughout 2021, but the year’s total was a sobering reminder of the flex office company’s struggle...
Google to Bring Workers Back to Offices Starting Early Next Month
Citing declining cases and improved safety measures, firm expects Bay Area employees to return 3 days a week
Google will recall some of its workers to the office starting early next month, ending a voluntary work-from-home model at...
“WeCrashed” Offers Few Heroes but Plenty of Reflections for Real Estate
WeWatched — well, I watched — Apple TV’s miniseries on the rise and fall of Adam Neumann’s WeWork
A V-neck? For a meeting? With an investor? Oh, Adam Neumann. You sweet summer child. Whether comedy or drama, some of...
Blackstone: Give Me Your Tired, Your Poor REITs
Firm pursuing takeovers as public-market valuations take a hit
Blackstone sees riches in the volatility of REIT valuations. The investment giant is pursuing private takeovers as the public-market valuations...
Office Market’s Next Crisis: A Surge of Lease Expirations
Nearly 243M sf of leases set to run out in 2022
As the office market teeters on the brink of a calamity, landlords are preparing for a big rise in vacancies...
Sandeep Mathrani Succeeds Marcelo Claure as Wework Chairman
Co-working firm also appoints Saurabh Jalan, a partner at SoftBank, to its board
WeWork CEO Sandeep Mathrani will now take an additional role at the co-working company. The company announced Tuesday that Mathrani will become...
Major CRE Firms Back Away From Russia
Knight Frank, Savills among those pausing operations amid attack
UPDATED, March 8, 10:45 a.m.: Commercial real estate firms have joined the mass of companies suspending operations in Russia following Vladimir Putin’s...
Sears Buyer Seritage Weighing Strategic Plans, Possible Sale
New York-based REIT has interests in 170 properties totaling 10M sf
Nearly five years after Sears filed for bankruptcy, the company it spun off in the process is reportedly weighing its...
