WeWork’s United States and Canada operations lost $122 million in February alone, according to bankruptcy filings. Source: Inman News
Posts published in “commercial real estate”
Hilton Worldwide Holdings has agreed to pay $210 million for the Graduate Hotels brand, a 10-year-old company that operates hotels in some of the nations…
Loans for office buildings specifically dropped 68 percent year over year and 32 percent quarter over quarter. Source: Inman News
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…
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…
Want to get paid? Start studying up on how U.S. commercial commissions are negotiated. That’s where the residential side of real estate is headed, four…
Landlords are confronting the fact that their commercial real estate holdings are becoming increasingly obsolete. Source: Inman News
The company filed for Chapter 11 bankruptcy in New Jersey as part of a “comprehensive reorganization” of the office space leasing giant. Source: Inman News
Billionaire investor Warren Buffett and business partner Charlie Munger see long-term distress in commercial real estate, which could spell trouble for lenders and opportunity for…