Flex office company Knotel slashed its 400-person workforce by half, as the coronavirus pandemic has drained the unicorn startup’s membership base. Knotel laid off or furloughed 195 employees worldwide today, Commercial Observer reported. “Business...
The reporters behind The Real Deal’s coverage of layoffs at Compass and a bold rent-relief bill in New York...
One called for a total shutdown of business. Another advised startups to plan for zero revenue for six months....
Real estate brokerage stocks plunged Wednesday, after a market selloff prompted U.S. stocks to temporarily suspend trading. Shares of Realogy Holdings dropped 35 percent to just over $2 per share as of 2:55 p.m.,...
Airbnb has lost tens of millions of dollars in booking revenues over the past several weeks in key cities...
The largest gathering for real estate dealmakers in the United States is suspending its annual convention in Las Vegas...
Add the COVID-19 coronavirus to the list of obstacles facing brick-and-mortar retail. Authorities have confirmed cases of the virus in more than 80 countries and territories worldwide. Concern over the virus — or measures...
One of the world’s largest commercial landlords isn’t troubled by predictions about a global economic decline, in fact, its...
Real estate investment startup Cadre has hired Allen Smith, the former CEO of Four Seasons, as its president. Smith...
