Big Tech loses its appetite for office space, adding to landlord woes
Tech firms such as Meta, Amazon, Salesforce, and Google are offloading office space and letting commercial leases expire
by Ben Verde Apr 16
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
Hilton heads back to campus with $210M Graduate Hotels acquisition
Hilton Worldwide Holdings has agreed to pay $210M for the Graduate Hotels brand, a 10-year-old company that operates hotels in some of the nations biggest college towns
by Ben Verde Mar 14
Loans for commercial and multifamily buildings fell 25% in Q4
Loans for office buildings specifically dropped 68% year over year and 32% quarter over quarter as investors remained wary about the risk-heavy sectors and interest rates remained high
by Ben Verde Feb 13
Office space fallout raises more questions about regional banks
Regional banks are in the spotlight again as cracks begin to show in their balance sheets due to the ongoing distress in the commercial real estate sector
by Ben Verde Feb 9
Adam Neumann makes grand play to take back struggling WeWork
In a push to wrestle back the company he co-founded, Adam Neumann on Monday sent a letter to the co-working giant pressing it to sell its assets to Flow, Neumann's latest real estate endeavor
by Ben Verde Feb 6
Banks from Tokyo to NYC feel the pain as US office market takes a hit
Tokyo's Aozora Bank and New York Community Bancorp posted massive losses tied to commercial real estate loans Thursday morning, an indication that threats to the office sector aren't over yet
by Ben Verde Feb 1
Commercial deals offer a new post-Sitzer compensation model
Want to get paid? Start studying up on how US commercial commissions are negotiated. That's where the residential side of real estate is headed, 4 experts argued at Inman Connect New York
by Daniel Houston Jan 25
Office buildings are at 'the beginning of a crisis'
Landlords are confronting the fact that their commercial real estate holdings are becoming increasingly obsolete
by Ben Verde Jan 16
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
WeWork reportedly to file for bankruptcy as soon as next week
The company that once embodied the future of the workplace, which at its peak was valued at $47B, is reportedly considering filing a chapter 11 petition in New Jersey
Buffett, Munger foresee 'hollowed out' downtowns as offices empty
Warren Buffett and his partner Charlie Munger see distress in commercial real estate, which could spell trouble for lenders and opportunity for investors. ‘The buildings don’t go away,’ Buffett said
by Taylor Anderson Oct 24
How to bridge the gap between real estate investors and brokers
Buyers and brokers view deals differently. But they don’t have to be adversaries. Here are strategies to bridge the gap
by Michael Zaransky Aug 1
How some commercial brokerages are beating the current market
Despite struggles in the commercial space dating from the beginning of COVID, some commercial brokerages have found a way to thrive
by Victoria Kennedy Jul 25