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Sunday Summary: First Quarter Reports Are Trickling In

WeWork lost less money in February than they did in January; inventory is way up in L.A.; 99 Cents Only tosses in the towel and earthquakes!

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Proptech Investment Tumbled 80% Last Quarter From 2022 Peak: Report – Commercial Observer

Investments hit just below $1.5 billion during the first quarter of 2023, down from the $7.4 billion in the first quarter of 2022.

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Rental Platform Rezi Runs Out of Money, Shuts Down

Rental Platform Rezi Runs Out of Money, Shuts Down
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Proptech Firms on WeWork s Collapse: We re Here For This – Commercial Observer

Startups say they’re seizing opportunities in the wake of the coworking giant’s bankruptcy and eager to prove the potential of flex space.

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Has Proptech Funding Turned the Corner?

After rising interest rates tightened the flow of investment money, the spigot has begun to drip again.

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