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May 25, 2023

Writers Strike Silences Studios, Throwing Upstart CRE Asset Class Into Uncertainty

BioLabs' Glennis Mehra Discusses How To Accommodate Tenant Growth In New York July 27

The cameras have stopped rolling and the lights have gone dark on millions of square feet of film and television studio space in the U.S. as movie and television writers strike for better pay.

Writers Strike Silences Studios, Throwing Upstart Real Estate Asset Class Into Uncertainty

While a smattering of productions are still happening, studio owners interviewed by Bisnow say a protracted strike will not only take a bite out of their revenues, but will also have broader economic impacts, especially for the millions of workers involved in the production industry.The Writers Guild of America's strike, which was 

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WeWork CFO To Step Down A Week After CEO's Surprise Resignation

WeWork, the embattled coworking giant, is facing its second major executive departure in as many weeks.

WeWork CFO To Step Down A Week After CEO's Surprise Resignation

WeWork Chief Financial Officer Andre Fernandez will resign on June 1, the company disclosed in a filing with the Securities and Exchange Commission. He will be replaced by WeWork's chief accounting officer, Kurt Wehner, who joined WeWork in 2020.Fernandez's resignation was made public eight days after WeWork CEO Sandeep Mathrani announced he…

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Activist Investor Jonathan Litt Keeps Shorting Downtown Office: 'It's A Financing Story'

Activist Investor Jonathan Litt Keeps Shorting Downtown Office: 'It's A Financing Story'  

Activist investor Jonathan Litt shorted major office-owning REITs in the earliest stages of the pandemic, and so far he has proved prescient. Litt reiterated his commitment to short bets focused on office buildings in urban cores in an >

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