Following a final $200 million investment from SoftBank, Katerra is closing after years of financial mismanagement and rising construction costs.
Source: Inman News
SoftBank-backed construction startup shutters US operations
Published in construction costs, Katerra, lumber costs, lumber futures, Masayoshi Son, multifamily, multifamily construction, multifamily construction financing, Select, softbank, TechCrunch, the information, Uncategorized and WeWork
More from construction costsMore posts in construction costs »
More from KaterraMore posts in Katerra »
More from lumber costsMore posts in lumber costs »
- New single-family housing starts ramp up 6% in June: Census Bureau
- Lumber prices finally drop and the stockpilers prepare to sell
- Rising construction costs curbed homebuilders’ pace in April
- ‘Lumber truthers’ question veracity of shortage through social media
- Bubble Trouble: The impending burst is mythical at best
More from lumber futuresMore posts in lumber futures »
More from Masayoshi SonMore posts in Masayoshi Son »
More from multifamilyMore posts in multifamily »
- Investors seeing a ‘generational opportunity’ in multifamily
- Zillow Rentals launches artificial intelligence-fueled chatbot EliseAI
- Multifamily’s financial crossroads: What agents need to know
- Supply constraints are reshaping the multifamily market’s trajectory
- Zillow turned a profit in Q1 for the first time in years
More from multifamily constructionMore posts in multifamily construction »
More from SelectMore posts in Select »
- What real estate agents can learn from TikTok, Tylenol and Disney
- Democrats seek transparency into Fannie, Freddie ‘reprivatization’
- Former agent convicted of swindling woman out of her home
- Is fall the new spring? Market winds may be shifting, NAR says
- I’ve studied real estate marketing for 31 years. Here are 7 essentials for effective marketing campaigns
More from softbankMore posts in softbank »
More from TechCrunchMore posts in TechCrunch »
More from the informationMore posts in the information »
More from UncategorizedMore posts in Uncategorized »
- Where the industry stands on the Compass-Anywhere deal: Top 5
- Have you changed your process in light of the private listings drama?
- Coldwell Banker nabs Bay Area-based Joe Velasco Group
- The Thermostat Effect: How comfort limits your growth
- Top 24 real estate news stories of 2024 according to Inman readers
More from WeWorkMore posts in WeWork »
Be First to Comment