Judge puts a halt to Neumann’s WeWork bid
George Sell
May 29, 2024
Reading Time: 2 minutes US: A New Jersey bankruptcy judge has rejected WeWork co-founder AdamNeumann’s efforts to buy back the company.
WeWork plans to exit bankruptcy with Yardi as majority shareholder
George Sell
April 30, 2024
Reading Time: 2 minutes US: WeWork’s lawyers have revealed that under its plan to exit bankruptcy, property management software provider Yardi Systems would become the company’s majority shareholder.
Lawsuit filed against alleged multifamily pricing “cartel”
George Sell
September 13, 2023
Reading Time: 3 minutes US: A group of 18 property management companies, together with property management software company Yardi Systems Inc., have been named in an antitrust class-action lawsuit, accusing the alleged cartel of orchestrating a nationwide scheme to fix the cost of multifamily apartment rent.
US BTR delivery hits 10-year high
George Sell
May 31, 2023
Reading Time: < 1 minute US: 2022 saw the construction of more than 14,500 new BTR homes across the US, a 10-year high, with southern cities taking the largest share.
US student market sees strong performance but investment volume falls sharply
George Sell
April 12, 2023
Reading Time: < 1 minute US: The student housing sector is outperforming other real estate verticals, according to the latest National Student Housing Report from Yardi Matrix.