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...
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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...
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...
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...
Knock looks to go public at $2B valuation
Knock, a startup that helps people buy new homes before selling their old ones, is the latest proptech company to explore going public. The company has hired Goldman Sachs to help advise it on...
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....
How the “Big Three” iBuyers stack up
Until recently, iBuying was largely a two-horse race. Now, Offerpad’s decision to go public in a $3 billion SPAC deal has put rivals Opendoor and Zillow on notice. The deal, with a blank-check firm...
Island Capital’s Andrew Farkas launches $250M SPAC
Billionaire real estate investor and yacht enthusiast Andrew Farkas is sailing into the SPAC race. Farkas, the founder of...
Cushman launches $250M SPAC
Yet another major real estate firm is jumping on the blank-check bandwagon. Cushman & Wakefield has formed a special-purpose acquisition company, C&W Acquisition Corp., that aims to raise $250 million from investors to take...
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