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From left: Masayoshi Son, chief executive officer, Softbank; Marcelo Claure, executive chairman, WeWork (Softbank, Getty Images, iStock/Photo Illustration by Steven Dilakian for The Real Deal)
National

WeWork’s Marcelo Claure to leave SoftBank: reports

UPDATED Feb. 2, 2022, 5:42 p.m.: Marcelo Claure is leaving SoftBank and WeWork amid a disagreement over his request...

WeWork’s Marcelo Claure to leave SoftBank: reports
Habi cofounders Brynne McNulty Rojas and Sebastian Noguera Escallón (Habi)
National Weekend Edition

Colombian iBuyer Habi raises $100M in Softbank-led Series B

Colombia-based iBuyer Habi has raised $100 million in a Series B fundraising round led by Softbank. It’s the second-largest...

Colombian iBuyer Habi raises $100M in Softbank-led Series B
Softbank CEO Masayoshi Son (Getty, Katerra, iStock)
National

Katerra files for bankruptcy

Even after shedding hundreds of millions of dollars in debt late last year and receiving a $200 million bailout, Katerra has resorted to bankruptcy in its struggle to survive. The company filed for protection...

Katerra files for bankruptcy
Katerra’s abrupt closure has left clients and subsidiaries in the lurch. (Getty)
National

What Katerra’s shutdown means for clients, subsidiaries

Last week, “rumblings” from Katerra workers on a project site in Jersey City reached developer Paul Silverman. He then...

What Katerra’s shutdown means for clients, subsidiaries
Katerra CEO Paal Kibsgaard (right) and Softbank CEO Masayoshi Son (Getty)
National

Troubled construction startup Katerra will shut down: report

Another SoftBank-backed startup has imploded. The construction startup Katerra, which aimed to transform the $12 trillion global construction industry,...

Troubled construction startup Katerra will shut down: report
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