New Startup With Its Own Spin On Short-Term Rentals Raises $12M In Series A Funding

New York-based Domio wants to build "apart hotels," designed like multifamily buildings but exclusively for short-term rentals.

CRE's Biggest Flops Of The Decade

From WeWork's IPO to the FBI's aborted search for a new headquarters to a tilting skyscraper in San Francisco, lots went wrong in CRE in the 2010s.

Coworking For America: Presidential Campaigns Have Spent Over $500K On Flexible Offices This Year Alone

The campaigns of Joe Biden, Elizabeth Warren, Bernie Sanders and several other presidential hopefuls have turned to coworking as a flexible workspace option.

WeWork’s New Normal: Trying To Fill The Huge Spaces From Its Pre-IPO Leasing Binge

WeWork signed eight D.C. leases totaling over 550K SF in the months leading up to its failed IPO attempt, and now it must find companies to fill the spaces.

WeWork’s D.C. Head Says It Will Grow Again, But Listless Office Market Isn’t Holding Its Breath

As WeWork focuses on filling up its new D.C. office spaces, the coworking giant does not appear to be on the market for additional leases.

Brookfield, Simon Invest In Sam Nazarian’s Food Court Ghost Kitchens Concept

Two of the largest mall owners in the U.S., Brookfield Asset Management and Simon Property Group, have invested in putting ghost kitchens in their food courts.

Kroger, Albertsons Agree To Sell 579 Stores As FTC Sues To Block Merger

The two grocery chains said it would sell an additional 166 locations to execute a $25B merger that the Federal Trade Commission is suing to block.

Data Center Firms Turn To Huge JVs To Fund Growth Amid Power Woes

With a flood of investment targeting data center development, a growing share of the sector's growth is being funded through massive joint venture deals.

OpenAI Says Microsoft Can’t Keep Up With Its Data Center Plans

OpenAI is reportedly moving beyond Microsoft for its data center needs, including expanding its data center deal with Oracle in Texas.

Coworking Is Growing Fast Despite WeWork's Dramatic Pullback

The coworking sector saw 20% growth between December 2022 and May, with the 15 largest operators adding 252 locations during that period.