National
Two years after its IPO fail, WeWork will go public
Google the phrase “WeWork going public” and among the questions that pop up are: “When did WeWork go public?”...
Co-working
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IWG to open 58K sf co-working site on Park Ave
IWG is doubling — no, tripling — down on its wager that flexible offices have a solid future in...
National
Industrious hires new COO to lead IPO prep, international expansion
Industrious has a new chief operating officer. The flex-office provider has tapped Liz Simon, chief operating officer at tech-focused...
National
“Too much money and no guardrails:” WeWork book authors dish on collapse
Whenever Eliot Brown heard another wild Adam Neumann anecdote, he’d tell his editor. And the response would be: “Why...
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
Industrious buys Breather’s listings platform
Flex-office operator Industrious acquired the listings platform and branding rights of Breather, the Canadian rent-by-the-day company that folded its...
National
Amol Sarva regrets getting into bed with “consummate Wall Street type” Howard Lutnick
Amol Sarva has shared new details about how Knotel’s partnership with Newmark turned hostile. In a video interview, Sarva...
National
WeWork lost $3B in 2020: report
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...
National
Newmark’s acquisition of Knotel is approved
A bankruptcy court has approved the sale of flex-office provider Knotel to brokerage Newmark. Newmark officials said they expected...
National
Two cannabis REITs form joint venture
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...