Investors betting on WeWork’s second act just got a wake-up call. The co-working company lost $3.2 billion last year as the Covid-19 health crisis slashed the demand for flexible office spaces, the Financial Times...
A bankruptcy court has approved the sale of flex-office provider Knotel to brokerage Newmark. Newmark officials said they expected...
As cannabis-focused real estate blossoms, two real estate firms focused on the sector will now be rolled into one. The REITs, NewLake Capital Partners Inc. and GreenAcreage Real Estate Corp., will merge to form...
Newmark’s bid to acquire Knotel is nearly complete. The bankrupt flex-office provider was scheduled to be sold on Friday...
The battle between WeWork and SoftBank is over. The beleaguered co-working giant and its co-founder and former CEO, Adam Neumann, have reached a legal settlement with SoftBank Group, Bloomberg News reported, heading off a...
CBRE Group has acquired a 35 percent stake in Industrious ahead of the flex-office provider’s possible 2021 IPO. “We...
WeWork has slashed its rents across the country as workers continue to avoid going into offices. The New York-based flex-office provider dropped the price of its rental fees in November and in January by...
The Yard is opening a new location out of a now-defunct Midtown hotel. The flex-office provider told The Real...
Montreal-based Breather, a company that rents workspaces by the day, made a bold announcement last month that reverberated throughout the world of flex-office operators. “Breather, in its current form as an operator, doesn’t make...
Breather, a startup that rents office space by the day, has run out of air. The Montreal-based company plans to shutter more than 400 locations in the United States, Great Britain and Canada. In...
