Property News
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Property News for 22 October 2019
Here's what SoftBank's long-term WeWork strategy may be
CNBC - 22 Oct 2019 20:54
WeWork CEO and founder Adam Neumann is leaving the company, but doing so with $1.7 billion from WeWork. Peter Eavis from The New York Times and CNBC's Robert Frank discuss the eyebrow-raising exit package.
Home prices are overheating again, causing buyers to turn away
CNBC - 22 Oct 2019 17:35
September sales of existing homes fell short of expectations. The downturn followed two months of gains. The problem is low supply and high prices.
Existing home sales miss expectations in September, down 2.2%
CNBC - 22 Oct 2019 17:15
CNBC's Diana Olick reports on new existing home sales data for the month of September. The street was expecting sales to be down 0.7 percent, but sales dropped 2.2 percent.
Report: Softbank to take control of WeWork, Neumann to get $185 million consulting fee
CNBC - 22 Oct 2019 14:35
Former WeWork CEO Adam Neumann will reportedly get $1.7 million in stock, cash and credit to walk away from the company and give up his voting rights.
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