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Kathryn Brenzel






    Masayoshi Son and Katerra's founders Fritz Wolff, Jim Davidson and Michael Marks. (Getty, Katerra)

    Inside Katerra’s final days

    Katerra’s cash position was “perilous.” Its biggest backer, SoftBank, bailed out the construction startup with a $200 million investment in December. Three months later, Katerra’s primary lender, Greensill Capital, became insolvent, sending the startup’s...

    Inside Katerra’s final days
    Softbank CEO Masayoshi Son (Getty, Katerra, iStock)

    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)

    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
    (Istock/illustration by Kevin Rebong)
    Issue

    The social housing movement picks up steam

    When Shaya Schreiber started searching for a home in Madison, Wisconsin, her options were limited. Student loans made the single mother of two ineligible for certain affordable housing and a market-rate home was beyond...

    The social housing movement picks up steam
    President Joe Biden and New York State Senator Brian Kavanagh. (Getty, Department of Treasury)
    New York

    Federal guidelines could complicate state’s rent relief rollout

    Washington dished out a new set of guidelines for state-issued rent relief funds last week — specifications that could...

    Federal guidelines could complicate state’s rent relief rollout
    President Joe Biden (Getty, iStock)

    What Biden’s first 100 days meant for real estate

    President Joe Biden’s administration on Wednesday unveiled a $1.8 trillion spending plan that would eliminate a “special real estate...

    What Biden’s first 100 days meant for real estate
    President Biden at the Leaders Summit On Climate. (Getty)

    Building owners crucial to Biden’s climate goals

    If President Joe Biden is to slash the country’s greenhouse gas emissions in half by 2030, he will need...

    Building owners crucial to Biden’s climate goals

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