Real Estate
Below is a collection of our content on the topic of Real Estate.
A ‘Sold’ sign is displayed outside a home under construction at a Lennar development site. Photo by Bloomberg

Compass Prices IPO at Lower End of Range

April 1, 2021 · 4:51 AM PDT
Compass had already slashed the size of the offering, a sign that that investors may be fretting about the impact of rising interest rates on the real estate market.

WeWork Reports $3.8 Billion Losses for 2020

March 26, 2021 · 5:18 AM PDT
Details of WeWork's financial performance emerged in a securities filing related to its planned SPAC merger that will take it public.

Compass IPO Pricing Shows Win for SoftBank

March 23, 2021 · 9:23 AM PDT
The pricing would imply a win for SoftBank, which has poured about $1 billion into Compass over the last few years. Its stake is now worth more than $3 billion.

WeWork Lost $3.2 Billion in 2020

March 22, 2021 · 3:11 PM PDT
Its occupancy rate fell to 47% at the end of 2020, from 72% at the start of the year.
Image from a Side video.
Images by Shutterstock. Illustration by Mike Sullivan

Opendoor’s Revenue Fell 80% in Q4

March 4, 2021 · 1:53 PM PST
Opendoor said in a press release it “began rebuilding inventory in the fourth quarter, and expects to return to sequential revenue growth in the first quarter of 2021.”
Art by Mike Sullivan

Compass’ IPO Filing Shows $270M Loss Last Year

March 1, 2021 · 3:33 PM PST
The company's revenue, made up almost entirely  of the commissions it makes buying and selling homes, grew by 56% to $3.7 billion last year.

Neumann, SoftBank Settlement Could Pave Way for WeWork SPAC

Feb. 22, 2021 · 3:29 PM PST
SoftBank would purchase $500 million of WeWork shares from Neumann, about half of the two sides' 2019 agreement.

WeWork Cut Prices by 10% in U.S.

Feb. 18, 2021 · 10:37 AM PST
WeWork slashed prices by as much as 20% to 25% in some cities.

WeWork Rival Knotel Files for Chapter 11 Bankruptcy

Feb. 1, 2021 · 9:58 AM PST
Newmark is investing $20 million "to support Knotel through the bankruptcy process."

WeWork Weighing SPAC Offers

Jan. 28, 2021 · 10:51 AM PST
A SPAC would potentially take WeWork public in a much frothier market than the company saw over a year ago.

Walmart’s Marc Lore Is Stepping Down

Jan. 15, 2021 · 8:14 AM PST
Walmart’s Marc Lore announced his retirement Friday, and said he would devote his time to building a “city of the future.”

SoftBank Bailout Helps Construction Startup Katerra Avoid Bankruptcy

Dec. 30, 2020 · 2:42 PM PST
The investment will dilute the stakes of other investors, which include DFJ, Greenoaks Capital, Khosla Ventures and Foxconn.
Jesse Howe
Opendoor CEO Eric Wu. Photo: Bloomberg

Opendoor Trading to Begin Dec. 21

Dec. 7, 2020 · 9:21 AM PST
The listing will complete one of the most high-profile mergers from a special purpose acquisition company this year.