What Options Do Mall Landlords Have When Brick & Mortar Retail Melts Down on Them? by Wolf Richter • Dec 24, 2019 • 160 Comments Even in San Francisco: From a brand-new glitzy zombie mall to innumerable vacant storefronts.
After Years of Threats, Schwab Joins Exodus, to Move Headquarters from San Francisco to Texas by Wolf Richter • Nov 25, 2019 • 195 Comments It has been shrinking its way out of the City for years. And it’s not the first major company to make the move.
Another Chinese Mega-Construction Project in California Is Halted, this one in San Francisco. List of Troubled or Scuttled Chinese Projects in California Grows by Wolf Richter • Oct 18, 2019 • 81 Comments How China’s crackdown on debt and capital flight pulls the rug out from under mega-real-estate projects.
Housing Bubble in Silicon Valley & San Francisco Bay Area Turns to Bust Despite Low Mortgage Rates & Startup Millionaires by Wolf Richter • Oct 16, 2019 • 95 Comments Ironically, house prices dropped the most in Silicon Valley.
How the SoftBank Scheme Rips Open the Startup Bubble by Wolf Richter • Oct 9, 2019 • 40 Comments This scheme worked wonders for a while but has now run into trouble, and a lot is at stake.
WeWork CMBS Cause Jitters, Bonds Hit Record Low by Wolf Richter • Oct 4, 2019 • 114 Comments It’s so big: Soul searching in the Commercial Mortgage Backed Securities market.
IPOs Crash & Burn, Debris Hits Housing, Office Markets by Wolf Richter • Oct 2, 2019 • 94 Comments Signs are now all over Silicon Valley and San Francisco.
Silicon Valley Is Slowing, Whether for a Quick Breather or Extended Time-Out, I Have No Idea (Guessing the Latter) by John McNellis • Sep 30, 2019 • 72 Comments Strongest argument in favor of an air-walking economy is WeWork, Uber, Lyft, and other unicorns destined to never make a dime. Throwing billions of dollars at these losers is a recessionary harbinger.
THE WOLF STREET REPORT: IPOs Crash & Burn, Debris Hits Housing, Office Markets by Wolf Richter • Sep 29, 2019 • 99 Comments Signs are now all over Silicon Valley and San Francisco.
Altria Rues the Day it Plowed $13 Billion into Super-Unicorn Juul by Wolf Richter • Sep 23, 2019 • 126 Comments Dark Side Comes to the Fore: Juul is the Second Highest Valued US Unicorn, Behind WeWork Which Crashed & Burned. Now it’s Juul’s Turn.