In a push to wrestle back the company he co-founded, Adam Neumann on Monday sent a letter to the co-working giant pressing it to sell…
Posts published in “Adam Neumann”
Once valued at $47 billion, WeWork attorneys argue that releasing the names of its 600,000 clients would allow office landlords to poach customers. Source: Inman…
The WeWork founder quietly scooped up $1 billion worth of apartment buildings near the peak of the multifamily housing market. His first building is now…
Rather than a demise of coworking spaces, experts say WeWork’s collapse presents a silver lining for other coworking companies and landlords facing higher vacancies. Source:…
The company filed for Chapter 11 bankruptcy in New Jersey as part of a “comprehensive reorganization” of the office space leasing giant. Source: Inman News
Fitch downgraded the commercial real estate firm from a CC to a C, meaning a default or “default-like” process has already begun. Source: Inman News
The struggling commercial real estate startup said that its leasing costs remain too high and it will look to exit underperforming locations. Source: Inman News
By WeWork’s own admission, it is unlikely to last as a company much longer. In order to survive, an earnings report said it would need…
After only three years, Sandeep Mathrani is leaving the CEO position. WeWork board member David Tolley will take over in the interim. Source: Inman News