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Breather hires former Regus exec to lead real estate division

Office-space company Breather is stocking its executive ranks in a bid to ramp up expansion. The firm, which offers meeting spaces on an hourly basis, and office space from a day to months at a time, has hired former Regus executive Dan Suozzi to lead its real estate division. He started Friday. “My main priority is to expand the portfolio,” said Suozzi. That mission comes at a tumultuous time for real estate startups. Many face a reckoning as they seek to raise money from investors increasingly looking for profits rather than just breakneck growth — a lesson from WeWork’s failed IPO plans and massive drop in valuation.