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...
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National
New SPAC to target real estate startups
A new blank check company is entering the SPAC space, setting its sights on financial software startups focused on mortgage and real estate. Southport Acquisition Corp. priced an initial public offering on Friday. Inman...
National
Short-term rental firms Vacasa, Sonder, Inspirato planning public offerings
Three short-term rental companies with plans to go public in the coming months are set to take advantage of...
National
Michael Stern forms $200M SPAC with former Citadel analysts
JDS Development’s Michael Stern has found his next venture, confidentially filing to form a SPAC with two former Citadel...
National
WeWork reports membership growth, best sales since 2019
As businesses seek greater flexibility in a post-pandemic world, WeWork’s offerings could be regaining popularity. The co-working giant is...
National
What SmartRent’s $2.2B SPAC means for multifamily
As pandemic-challenged apartment landlords scrambled to cut costs, SmartRent CEO Lucas Haldeman’s phone lit up. The owners were eager...
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The Closing: Glenn Sanford
Glenn Sanford built a multibillion-dollar residential brokerage in his own, untethered image. Sanford, a former top producer at Keller Williams, founded eXp Realty in 2009 with the ambition to build the first fully virtual...
National
Fifth Wall launches third SPAC to raise $250M
Venture capital firm Fifth Wall is launching another blank-check company — the third the company has founded since the...
National
Sonder considers going public via SPAC
Add hospitality startup Sonder to the list of companies getting in the SPAC game. The San Francisco-based firm, which leases apartments and turns them into furnished, short-term rentals, is in talks to go public...
National
WeWork to go public in $9B SPAC deal
If at first you don’t succeed, try, try again: Two years after its failed IPO, WeWork has struck a deal to go public with a special-purpose acquisition company. The merger with BowX Acquisition Corp....
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