Flexible / Coworking Archives | Page 23 of 31 | CREtech
The world’s biggest coworking companies are starting to close money-losing locations across the globe, signaling an end to years of expansion in what had been one of real estate’s hottest sectors. The retreat reflects an effort to slash costs at a time when the coronavirus is reducing demand for office space, and perhaps for years to come. It also shows how bigger coworking firms, in a race to...
Airbnb Inc. reported tumbling revenue and mounting losses in the second quarter, but the home-sharing startup is still eyeing a stock market debut before year’s end, according to people familiar with the matter.
"'Ok, how are our office assets in Boston performing vs. our multi-family locations in Dallas?' I need to be able to do that or I'm not going to be able to make investment decisions. What's historically been the case is, it's hard to get data as it relates to how your parking assets are doing. Which is why I've been working with the team at Smarking." - Ryan Holgan, VP Real Estate Asset Manag...
Airbnb Inc. is close to filing to go public in a move that would underscore a surprising rebound for the home-sharing giant and the IPO market. The company plans to file IPO paperwork with the Securities and Exchange Commission later this month, laying the groundwork for a potential listing before the end of the year, according to people familiar with the matter.
It was a happy accident that Parkline Chicago, a forthcoming 26-story complex in the Loop, will feature a “touchless experience” for residents upon entry. As they walk through the front doors, onto the elevator and into their apartment or condo, they won’t touch a thing. It’s one of the features that Parkline and two other n...
For decades, Las Vegas has attracted vacationers with its casinos, clubs and restaurants. Now, one desperate hotel operator wants to bring in the work-from-home crowd. MGM resorts has launched “Work from Vegas” business packages at the Bellagio and ARIA resorts, according to the Reno Gazette Journal. There are three packages, the cheapest five-day stay starting at around $100 per night, going ...
On the heels of a $160 million funding round led by Airbnb, the short-term rental startup was plotting a massive expansion in the spring of 2019. ... As of 2018, the global market value of the short-term rental industry was estimated at $169 billion, according to a Skift research report.
It’s been a roller-coaster of a year for proptech with a new wave of unicorns, WeWork’s implosion, and a global pandemic. And Brendan Wallace and Brad Greiwe, the co-founders and managing partners of Fifth Wall Ventures, have been at the forefront of it. In the last 12 months, the Los Angeles-based venture capital firm raised $503 million for its second g...
The leading global provider of mission-critical software-as-a-service platforms and on-demand technology to the flexible workspace industry, announces the launch of Smart Access. In a flexible office portfolio, space access is a common pain point for operators and their members. Administering entry...
As WeWork fights to retain tenants around the world in what some are calling a vacancy crisis, other companies in the flexible office space industry see mixed results. Convene began to reopen its offices in late June, but with most clients’ average Convene lease lasting 18 months, companies are hesitant to recommit. CEO Ryan Simonetti told Bisnow in June he hoped for 25% to 50% occupancy at b...