Knotel


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Knotel CEO Amol Sarva and Newmark CEO Barry Gosin (Sarva via Sasha Maslov; Gosin via Newmark)
National

Amol Sarva trashes Newmark after ouster from Knotel

Knotel co-founder Amol Sarva took some shots at its new owner, Newmark, on his way out the door of...

Amol Sarva trashes Newmark after ouster from Knotel
Michael Gross (Getty, iStock)
National

Knotel to tap former top WeWork exec as CEO

Knotel is bringing on a WeWork veteran to help straighten out the bankrupt flex-operator. Former WeWork vice chairman Michael Gross will join Knotel as its chief executive, the Wall Street Journal reported. Gross’ first...

Knotel to tap former top WeWork exec as CEO
(iStock/Illustration by Alexis Manrodt for The Real Deal)
National

There are more agents than homes for sale

For-sale home inventory is shrinking in the hot housing market, but the number of residential real estate agents is rising. Just 1.04 million homes were on the market at the end of January, down...

There are more agents than homes for sale
Knotel CEO Amol Sarva and Newmark CEO Barry Gosin (Sarva via Sasha Maslov; Gosin via Getty)
National

Newmark’s bid to acquire Knotel is nearly complete

Newmark’s bid to acquire Knotel is nearly complete. The bankrupt flex-office provider was scheduled to be sold on Friday...

Newmark’s bid to acquire Knotel is nearly complete
Newmark CEO Barry M Gosin (Newmark, Getty)
National

Newmark earnings fell 37% in 2020

 If Newmark Group goes ahead with its planned acquisition of Knotel, does that make the commercial real estate services firm a competitor to its landlord clients? “Just the opposite,” CEO Barry Gosin said during...

Newmark earnings fell 37% in 2020
From left: Knotel’s Amol Sarva; Breather’s Bryan Murphy; WeWork’s Sandeep Mathrani and IWG’s Mark Dixon
National Issue

Seismic shifts in the flex-office market

Montreal-based Breather, a company that rents workspaces by the day, made a bold announcement last month that reverberated throughout the world of flex-office operators. “Breather, in its current form as an operator, doesn’t make...

Seismic shifts in the flex-office market
VC or PPP? Some proptech firms got both
National

VC or PPP? Some proptech firms got both

Knotel has raised $560 million in venture capital since 2016. But when coronavirus hit, the flex-office provider received a PPP loan between $5 million and $10 million to retain employees. It wasn’t alone: at...

VC or PPP? Some proptech firms got both
Knotel CEO Amol Sarva (Sasha Maslov, iStock)
National

Knotel’s Q2 revenue plunged 20%

UPDATED: July 9, 7:10 p.m.: Flex-office startup Knotel said its revenue plunged 20 percent during the second quarter, offering a glimpse of the economic toll the pandemic is having on the office market. CEO...

Knotel’s Q2 revenue plunged 20%
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