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The consolidation of the coworking industry took another step forward Thursday. Industrious is expanding its reach by acquiring TechSpace, a flexible workspace provider that will add seven new locations to its portfolio. The sale price was not made public, and the acquisition, announced in a morning press release, brings TechSpace locations in California, Texas, Virginia and New York under the...

If it ultimately pursues an initial public stock offering, shared office space provider WeWork has the choice of strategies such as paying down debt, trying to make acquisitions and retaining employees with stock grants. Those possibilities will be offset by enhanced regulatory scrutiny, higher compliance costs and shareholder pressure to meet quarterly results.  

Eric Wittman joins JLL Spark as chief growth officer

SAN FRANCISCO, May 2, 2019 – JLL Spark, an independent division of JLL (NYSE: JLL) that operates a $100 million global venture fund to invest in proptech companies transforming commercial real...

The owner of the New York Stock Exchange is betting on further digitization of the U.S. mortgage market with the $335 million acquisition of Simplifile, a firm that facilitates electronic processing of mortgage records.

Bird and Lime are scooting along, backed by hundreds of millions in venture capital. But there are still plenty of companies hoping to dominate the still-nascent micromobility market, given its promise. Among them: Bond Mobility, a three-year-old Palo Alto, Calif. and Zurich, Switzerland-based startup that says its “high-performance�...

Marriott is getting into bed with the short-term rental industry, and experts say the move will further legitimize, not kill off, the growing home-sharing sector.

WeWork’s announcement this week that it has filed preliminary paperwork to pave the way for a public offering is a signal of its plans to expand further. But in Europe, the company faces a more competitive field where local firms dominate market share in...