On its path to a now-delayed IPO, SoftBank-backed WeWork’s valuation has fallen from $47 billion to somewhere between $10 billion and $15 billion. This precipitous drop appears to be a collective repudiation of not only WeWork’s business model and SoftBank’s valuation philosophy, but of the inverted economics of big money unicorns without a path to
Real Estate
Autumn Calabrese’s stunning Calabassas home Samantha Jacoby Autumn Calabrese is best known as the face of fitness powerhouse BeachBody and as the creator of the 21 Day Fix. Her practical approach to fitness and food is no different than how she approaches her life at home. Originally from Ohio, Calabrese is truly the mom next door,
short sale sign on pole with copy space Getty Many buyers tend to be interested in short sales because they’ve heard that they are a way to buy a home for less than its market value. While that statement is true, navigating the short sale process is often tricky and may not be right for
Gentrification, according to the Centers for Disease Control and Prevention, is “the transformation of neighborhoods from low value to high value.” So, does that mean a low-value neighborhood is being invaded by high-value development? Well, hold on a minute — don’t we need change and investment in the low-value areas? Isn’t that what opportunity zones
Uptown Campus of Tulane University, New Orleans, Louisiana Universal Images Group via Getty Images One of America’s oldest research institutions advances a new find in New Orleans. Tulane University is launching a dual degree program where graduate students simultaneously earn the Master of Business Administration (MBA) and the Master of Sustainable Real Estate Development (MSRED),