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Report: Layoffs Coming To Mall Owner Brookfield Properties

PYMNTS

Brookfield Properties Retail Group CEO Jared Chupaila delivered bad news to his employees this week. The Chicago-based real estate company with among the nation’s largest portfolios of retail is laying off 20 percent of its workforce. In addition, upper management salaries are being slashed by as much as 30 percent.

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Stepping Into 21st Century Hospitality With Apartments And Technology

PYMNTS

When it comes to partnerships, the company works with multifamily property management companies. Beyond Frontdesk, Mint House aims to deliver a hotel-like experience that is trusted and secure as well as built on a suite of amenities powered by technology. It has units in cities such as Charlotte, Tampa, Milwaukee and Columbus.

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121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

The startup, which was established in 2008, privately raised $185 million before its $100 million initial public offering was blocked by the Australian Securities Exchange last year. So its secured lender, which [founder Scott] Jones didn’t name, recently emptied ChaCha’s bank accounts. via Business Insider. Company: KiOR.

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