The company reported about $3.4 billion in sales in 2019, but like most consumer-driven businesses, Fertitta’s chains were hit hard by the coronavirus.
Knotel filed for chapter 11 bankruptcy protection and will be taken over by Newmark Group, reports The Wall Street Journal. The WeWork meltdown will get turned into a prestige limited series by Apple with Jared Leto and Anne Hathaway starring...
WeWork may combine with a SPAC as it continues its turnaround plan, reports the Wall Street Journal. The Los Angeles Times looks at how restaurant properties with drive-throughs have been a hot commodity in recent months. These are among today’s...
The New York Times looks at companies that are still opening hotels. The Real Deal examines what went wrong with the implosion of a real estate crowdfunding network. These are among today’s must reads from around the commercial real estate industry.
Landlords and tenants, usually at odds, are finding themselves working together in an attempt to ward off evictions, reports the Wall Street Journal. Vacant department store space may find an unlikely new use in the form of lab space, according to...