In Alexandria, Virginia, $31 billion landlord CIM Group bought a massive apartment complex in 2020. Tenants, fed up with eviction threats and neglect, pressured the company through its investors. CIM is meeting demands of tenant leaders after a long, drawn out battle. Loading Something is loading. Thanks for signing up! […]
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Layoffs Hit Recurrent Ventures Media Company: Leaked Memo
Layoffs have hit Recurrent Ventures, the private-equity-backed owner of digital media properties including Popular Science and The Drive. The cuts come shortly after Recurrent shuttered lifestyle site MEL. One current employee said staffers were “totally surprised.” Recurrent Ventures laid off staffers on Wednesday, according to a memo obtained by Insider. […]