Hometown Lenders' national expansion collided with rising rates
In bankruptcy court, the Huntsville, Alabama-based mortgage lender says it plans to repay creditors by claiming more than $20M in tax credits, clawing back $1M from warehouse lenders
by Matt Carter Jun 5
Is NAR a positive force? 7 out of 10 real estate agents want to know
An increasing uncertainty among real estate agents in March runs in opposition to brokers, who were more likely to tell Intel they still view the National Association of Realtors positively
by Taylor Anderson May 28
WeWork floats bankruptcy exit deal, without Adam Neumann
The firm plans to rid itself of $4B in debt through $450M in financing and ignores founder Adam Neumann's bid to buy back the company
by Ben Verde Apr 30
Troubled WeWork projects savings of $8B through restructured leases
The bankrupt provider of coworking spaces is aiming to emerge from chapter 11 bankruptcy before June through the restructuring of hundreds of leases, company executives said Tuesday
by Ben Verde Apr 3
Bankrupt WeWork struggles to control losses, renegotiate leases
WeWork's United States and Canada operations lost $122M in February alone, according to bankruptcy filings
by Ben Verde Apr 2
Chad Roffers dishes on a Sotheby's Concierge Auction record
The Sotheby's Concierge Auctions founder and CEO shared more about how the recent auction of 'La Dune' went down, as well as key reasons why luxury agents turn to the brand to get a deal done
WeWork’s collapse presents an opportunity for other companies
Rather than a demise of coworking spaces, experts say WeWork's collapse presents a silver lining for other coworking companies and landlords facing higher vacancies
by Taylor Anderson Nov 14
WeWork, once thought to be the future of work, files for bankruptcy
The company filed for Chapter 11 bankruptcy in New Jersey as part of a 'comprehensive reorganization' of the office space leasing giant
by Ben Verde Nov 7
Embattled MV Realty files for bankruptcy amid flood of lawsuits
The company is currently facing lawsuits from more than a half-dozen states over its allegedly deceptive business practices
by Ben Verde Sep 25
Site for Mohamed Hadid's troubled spec mansion lists for $68M
The LA developer is being forced to sell the 27-acre site, slated for an elaborate mega mansion, after a creditor tried to foreclose on the property and Hadid filed a bankruptcy petition
by Lillian Dickerson Sep 12
Gavel over one hundred dollar bills represents Newrez' settling a complaint
Fallout from the bankruptcy of reinsurer Vesttoo Ltd. ripples through the insurance industry, with Texas regulators keeping tabs on Homeowners of America Insurance Co.
by Matt Carter Sep 5
Kmart down to 2 locations, including 1 in haughty Hamptons
The town of Bridgehampton, where the median home price is $3.8M, is home to 1 of just 3 remaining Kmarts. Soon it will be 1 of 2, according to reports
by Taylor Anderson Aug 18
CoStar agrees to buy imperiled rental search firm RentPath for $588M
After failing to restructure $650M in debt, RentPath has placed itself on the auction block with commercial real estate data behemoth CoStar Group as the front-runner
by Marian McPherson Feb 12