Nasdaq
Sonder Collapses as Marriott Deal Unravels, Leaving Hospitality Startup in Ruins
The once-promising tech-enabled accommodation provider will liquidate immediately after integration challenges with Marriott led to terminal financial distress Sonder Holdings Inc., the San...
Portland’s PacWest Tower Sells for $55.7MM to Alaska’s Fountainhead in Sign of Modest Market Recovery
The 30-story office building’s sale price of $102 per square foot outpaces recent downtown distress deals, though still reflects steep discounts from pre-pandemic...
Amazon Prepares Its Biggest Workforce Reduction in Years as AI Reshapes Corporate Operations
The e-commerce giant is set to cut up to 30,000 corporate jobs, signaling a shift toward automation and leaner management structures Amazon.com is...
When the Government Shuts Down, Hotels Feel the Pinch
Federal closures create ripple effects across commercial real estate, with Washington’s hospitality sector bearing the brunt The federal government shutdown may seem like...
Hudson Pacific Properties Reports Widening Losses Despite Strategic Restructuring
Real estate investment trust reports $83.1 million quarterly loss as office occupancy challenges persist Hudson Pacific Properties Inc. (HPP) reported deepening financial losses...
Tariffs Begin Showing Impact on U.S. Inflation Data as Markets React to Rising Trade Tensions
Economic data is starting to reflect the inflationary pressure from tariffs as President Trump pushes for higher duties on European Union imports, sparking...
Drawbridge, KKR & Global Atlantic Buy Spring District’s Block 13 Meta-Leased Property in Deal Valued $193MM
(EDITOR’S NOTE: According to sources with knowledge of the transaction details, the property trade was valued around $910 per square foot, or approximately...
