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Month: November 2019

The Real Deal and SPACES take a look at LA’s co-working scene

(Click to enlarge) Buy Tickets Here On Wednesday, Nov. 20, The Real Deal and SPACES are bringing together leaders of the multibillion dollar co-working industry for a panel event at Playa District LA. Come hear from industry experts as ...

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  • 19 Nov
  • The Real Deal
  • Uncategorized
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Proptech startup Eden completes $25M Series B

Eden CEO Joe Du Bey (Credit: iStock) Eden, a proptech startup that helps landlords manage parts of the workplace like scheduling cleaning services and ordering snacks, raised $25 million in its Series B funding round. Soho-based ...

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  • 19 Nov
  • The Real Deal
  • Uncategorized
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New York AG is investigating WeWork: report

The New York State Attorney General’s office has launched an investigation into WeWork, Reuters reported. The embattled office-space company, which is soon set to lay off thousands of workers, confirmed to the news outlet that it had ...

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  • 18 Nov
  • The Real Deal
  • Uncategorized
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Compass shutters second LA office

Robert Reffkin and 11726 San Vicente Boulevard (Credit: Google Maps and iStock) Compass has shuttered one of its Brentwood offices, the second Los Angeles location the firm has closed in as many months. The SoftBank-backed brokerage — ...

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  • 18 Nov
  • The Real Deal
  • Uncategorized
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Ten-X Commercial lays off nearly half its workforce

Close to 100 employees were given notice on Monday morning (Credit: iStock) Ten-X Commercial, an online real estate transaction platform, laid off half its workforce after efforts to sell the company fell through. Close to 100 ...

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  • 18 Nov
  • The Real Deal
  • Uncategorized
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Trammell Crow, MTA team up on $1B mixed-use project in NoHo

Matt Khourie Chief Executive Officer of Trammell Crow and a rendering of the project (Credit: HKS and RELM) Two years ago, Greenland USA stepped away from its partnership with Trammell Crow to develop a massive mixed-use complex in ...

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  • 18 Nov
  • The Real Deal
  • Uncategorized
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Investigation reveals mass discrimination by Long Island agents

The bombshell probe also found that minorities had to meet more stringent financial qualifications than white buyers. (Credit: iStock) A three-year undercover investigation by Newsday found 40 percent of agents on New York’s Long ...

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  • 18 Nov
  • The Real Deal
  • Uncategorized
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Major WeWork layoffs to begin today

More than 4,000 people are expected to receive notice in coming weeks (Credit: iStock) More than a third of WeWork’s 12,000 employees will likely receive notice this week that they no longer have a job. The layoffs are part of an ...

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  • 18 Nov
  • The Real Deal
  • Uncategorized
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KOAR affiliate pays $26M for Glendale industrial portfolio

CPD industrial properties An affiliate of KOAR Institutional Advisors paid $25.5 million for a portfolio of eight industrial buildings in Glendale that could offer redevelopment potential with multifamily housing. The northern L.A. ...

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  • 18 Nov
  • The Real Deal
  • Uncategorized
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Struggling cannabis retailer MedMen dumps REIT stake

Adam Bierman MedMen Enterprises’ national cannabis retail strategy is going up in smoke. And to trim costs, it’s selling its interest in Treehouse Real Estate Investment Trust. The Culver City-based MedMen was instrumental in forming ...

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  • 15 Nov
  • The Real Deal
  • Uncategorized
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