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Knotel and Industrious' paths diverge, why Opendoor is raising $770M

Why rental arbitrage doesn’t work: Knotel vs. Industrious Knotel, once gleeful over WeWork’s downfall, succumbed to the pressure of rental arbitrage last week by (finally) filing for bankruptcy. In recent months, the startup led by CEO Amol Sarva faced mounting lawsuits alleging it stopped paying rent. In a Chapter 11 filing, the flex-office provider listed assets and liabilities between $1 billion to $10 billion. The bankruptcy filing includes $20 million in financing to aid with Knotel’...
United States New York San Francisco Ben Friedman Adam Kornick Andrew Beck

Fifth Wall Upsizes SPAC, Black-Check Firms Court Proptech

450 West 31st Street, New York, NY 10001 Phone: 212-260-1332 We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. click hereOk, Got it Privacy & Cookies Policy Privacy Overview This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities o...
United States San Francisco Ben Friedman Scott Seligman Tishman Speyer David Glazer

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