The coworking behemoth says it is on a path to profitability after spending a year negotiating with landlords to eliminate $4 billion in debt and…
Posts published in “WeWork”
The WeWork founder had been set to focus on apartments with a new mysterious company called Flow. He has since added the condos and invested…
Neumann told “The New York Times” DealBook that he will end his bid to reacquire the bankrupt coworking firm he founded. Source: Inman News
The firm plans to rid itself of $4 billion in debt through $450 million in financing and ignores founder Adam Neumann’s bid to buy back…
The company’s unsecured creditors seem to be tiring of its piles of debt, and say that to not seriously consider the ex-CEO’s generous bid on…
The bankrupt provider of coworking spaces is aiming to emerge from chapter 11 bankruptcy before June through the restructuring of hundreds of leases, company executives…
WeWork’s United States and Canada operations lost $122 million in February alone, according to bankruptcy filings. Source: Inman News
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…
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…