National
Goldman Sachs halts work in SPAC market
TRD Staff | May 09, 2022 05:59PM
Goldman Sachs Group is withdrawing from the SPAC market over new guidelines from regulators, an ominous sign for real estate companies looking to go public through a so-called SPAC, or special purpose acquisition vehicle....
Goldman Sachs halts work in SPAC market
National
SEC proposes more transparency for SPACs
TRD Staff | March 31, 2022 01:30PM
The Securities and Exchange Commission is looking to up the scrutiny on special purpose acquisition companies in another setback for a struggling market. The SEC on Wednesday proposed rules that would require SPACs to...
SEC proposes more transparency for SPACs
National
PropertyGuru to make public debut
TRD Staff | March 16, 2022 09:30AM
Singapore-based PropertyGuru is set to make its debut on the New York Stock Exchange this week, despite a downturn in interest around special purpose acquisition companies. The online real estate marketplace company will start...
PropertyGuru to make public debut
National
Knock it off: Homebuying startup ditches IPO plans
TRD Staff | March 15, 2022 04:56PM
Diminished investor interest knocked a homebuying startup down a peg, scrambling plans to go public and setting off a...
Knock it off: Homebuying startup ditches IPO plans
National
WeWork’s Marcelo Claure to leave SoftBank: reports
By Keith Larsen | Research By Christian Bautista | January 27, 2022 04:15PM
UPDATED Feb. 2, 2022, 5:42 p.m.: Marcelo Claure is leaving SoftBank and WeWork amid a disagreement over his request...
WeWork’s Marcelo Claure to leave SoftBank: reports
National
New SPAC to target real estate startups
TRD Staff | December 13, 2021 09:21AM
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...
New SPAC to target real estate startups
National
Short-term rental firms Vacasa, Sonder, Inspirato planning public offerings
TRD Staff | November 09, 2021 01:59PM
Three short-term rental companies with plans to go public in the coming months are set to take advantage of...
Short-term rental firms Vacasa, Sonder, Inspirato planning public offerings
National
Michael Stern forms $200M SPAC with former Citadel analysts
TRD Staff | August 03, 2021 09:24AM
JDS Development’s Michael Stern has found his next venture, confidentially filing to form a SPAC with two former Citadel...
Michael Stern forms $200M SPAC with former Citadel analysts
National
WeWork reports membership growth, best sales since 2019
TRD Staff | June 21, 2021 12:32PM
As businesses seek greater flexibility in a post-pandemic world, WeWork’s offerings could be regaining popularity. The co-working giant is...
WeWork reports membership growth, best sales since 2019
Sonder takes lease for 76-key Gowanus Inn
By Akiko Matsuda | June 04, 2021 01:15PM
Short-term rental startup Sonder has inked another hotel lease, this one at its first Brooklyn location. The company signed a long-term lease for the entire 76-key Gowanus Inn & Yard at 645-651 Union Street,...
Sonder takes lease for 76-key Gowanus Inn