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:…
Posts published in “WeWork”
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
The coworking behemoth posted a net loss of $299 million in the first quarter, a $205 million improvement from a year earlier, according to Q1…
Former WeWork CEO Adam Neumann is getting into rentals and property management with his latest effort, Flow. But these renter-reward companies are already flooding the…
The embattled coworking giant posted a 75 percent quarterly gain in earnings before interest, taxes, depreciation and amortization — but still shouldered $26 million in…