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
Treasury Secretary: Commercial real estate will suffer 'some pain'
In her first interview since the resolution of the debt ceiling crisis, Treasury Secretary Janet Yellen said that while she expects 'some pain' and even consolidation, banks will weather the storm
by Matt Carter Jun 9
Barbara Corcoran fears 'bloodbath' as bigwigs warn of real estate crash
In the past week, a growing chorus of public names — from Elon Musk and Ross Perot Jr. to Barbara Corcoran and Dave Burt — have escalated their rhetoric around a looming 'real estate recession'
by Ben Verde Jun 1
JPMorgan CEO: Real estate is going to be a big problem for some banks
Not every bank is at risk, JPMorgan CEO Jamie Dimon said Monday during an investor conference. But for lenders with more exposure to commercial properties, the months ahead could be tough
by Daniel Houston May 23
Airbnb chief calls out CEOs for remote work double standard
'I guarantee you that many of these CEOs who are calling people back to the office in New York City are going away to the Hamptons for the summer or going to Europe in August,' Brian Chesky said
by Ben Verde May 11
WeWork takes bite out of losses as debt overhaul starts to pay off in Q1
The coworking behemoth posted a net loss of $299M in the first quarter, a $205M improvement from a year earlier, according to Q1 earnings data released Tuesday morning
by Ben Verde May 9
New York City hot dog icon Papaya King saved following Extell eviction
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
by Ben Verde Apr 5
KC Conway on a big banking risk that has flown under the radar
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
by Daniel Houston Apr 5
WeWork hits an earnings milestone in Q4 — but remains deep in the red
The embattled coworking giant posted a 75% quarterly gain in earnings before interest, taxes, depreciation and amortization — but still shouldered $26M in losses, according to Q4 earnings
by Ben Verde Feb 16
WeWork's losses decline in Q2 as workers returned to the office
Net loss decreased 31% year over year as office occupancy returned to pre-pandemic levels, according to a Q2 earnings report released Thursday by WeWork
by Daniel Houston Aug 5
Cherre's property smarts to inform investors through DealCloud
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'
by Craig C. Rowe Jul 27
TestFit receives $20M to enhance construction feasibility solution
Advancements in software capability and the availability of enterprise industry data continue to enhance the way commercial and residential developers plan for and execute everything
by Craig C. Rowe Jul 26
Warehouse giant, Amazon landlord Prologis buys Duke Realty for $26B
The announcement came following Duke Realty's rejection of a $24B buyout offer from Prologis in May, which the company rebuffed for being inadequate
by Ben Verde Jun 13
From Airbnb to Zillow: How real estate is dealing with Ukraine crisis
As US 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
by Ben Verde May 5
Keller Williams enlists RealNex to launch commercial real estate CRM
Keller Williams has partnered with RealNex to launch a fully branded customer relationship management platform for its commercial agents. The platform will be available starting Monday
by Marian McPherson Mar 15