Landing CEO: Flexible living has accelerated amid pandemic
New member enrollment at Landing, a flexible living company with a leasing model for fully furnished apartments across the US, soared 210% month over month in May
by Lillian Dickerson Aug 11
Real estate tech facing 'gale-force headwinds' amid pandemic
A new report from venture capital firm MetaProp shows COVID-19 has sapped investor confidence, though the firm's founder remains optimistic about the future
by Jim Dalrymple II Aug 5
Compass is hiring a securities attorney — is an IPO next?
The tasks outlined in the job description include the 'timely satisfaction of SEC and stock exchange compliance and reporting obligations'
by Patrick Kearns Jun 16
SoftBank posts record loss, warns some investments may go bankrupt
The investor behind Compass and Opendoor predicted that, of the 88 companies the Vision Fund invested in, 15 could go bankrupt due to COVID-19
by Patrick Kearns May 18
‘Strong recovery’ on horizon, V curve possible, says real estate exec
Patrick Stone, of WFG National Title Insurance Company, said Tuesday that home sales will likely be down in 2020, but overall, he's optimistic about an economic recovery from the current pandemic
by Jim Dalrymple II Apr 14
The post-coronavirus office: more air purifiers, less open floor plans
In the past few weeks, demand for air purification systems has jumped in an effort to provide safer work environments for employees. A shift away from open-concept offices may not be far behind
WeWork struggles to strike deal with landlords to reduce rent costs
As the COVID-19 pandemic causes cancellations to spike, WeWork CEO Sandeep Mathrani is pitching a revenue-sharing deal to the company's largest landlords
by Marian McPherson Apr 2
SoftBank may pull out of pledge to buy $3B in shares of WeWork
The Japanese conglomerate has been rapidly losing faith in the coworking space company
Media entrepreneur joins Compass board
Pamela Thomas-Graham currently runs her own media company and has past experience at Credit Suisse, Liz Claiborne and NBCUniversal
by Jim Dalrymple II Feb 26
SoftBank Vision Fund lost $2.1B in Q3 as profits continue to plummet
The Japanese conglomerate and backer of Compass and Opendoor is scaling back plans for its second Vision Fund
by Patrick Kearns Feb 12
In the wake of WeWork, proptech investor confidence remains strong
Proptech venture capital firm MetaProp NYC’s latest proptech confidence index reveals cautious optimism amongst investors, startups
by Marian McPherson Feb 6
After a tumultuous 2019, WeWork has a new CEO
Sandeep Mathrani, previously the CEO of Brookfield Properties' retail group, has deep ties to the real estate industry
by Patrick Kearns Feb 4
WATCH: Compass likely to avoid WeWork's fate: Venture capitalists
Compass and WeWork both took massive amounts of cash from SoftBank, but experts say the 2 companies are actually quite different
by Inman Feb 4
Compass likely to avoid WeWork's fate: Venture capitalists
Compass and WeWork both took massive amounts of cash from SoftBank, but experts say the 2 companies are actually quite different
by Jim Dalrymple II Jan 31
Compass shuffles support staff, anticipates dozens of layoffs
A Compass source told Inman the company still has no current plans for an IPO, although it's not off the table
by Patrick Kearns Jan 27