WeWork said Monday it will shed $4 billion in debt and get $450 million in new financing to get out of bankruptcy without being sold to its co-founder and former CEO Adam Neumann, the architect of its ...
WeWork provides flexible workspace solutions, including traditional offices, shared workspaces, office suites with private amenities.
Under the terms of WeWork's proposed financing deal to exit bankruptcy, the company's senior lenders agreed to inject WeWork with $50M to keep it running until it expects to emerge from bankruptcy May ...
WeWork is keeping its two Philadelphia coworking spaces open as it emergences from bankruptcy. The company has completed lease negotiations for its 1100 Ludlow St. and 1900 Market St. locations as ...
WeWork's very own Manhattan headquarters is set to close as part of its bankruptcy restructuring. REUTERS In a move signaling the tumultuous saga of WeWork’s financial woes, the company’s very own ...
Co-working space provider WeWork said its lease restructuring effort so far is expected to result in more than $8 billion in future rent savings and that it aims to emerge from bankruptcy by the end ...
Forbes contributors publish independent expert analyses and insights. I assist NYC office tenants with all their leasing needs. According to a story posted in the Wall Street Journal on August 24, ...
Yardi Systems spent the past 40 years quietly growing into a giant in the real estate software industry, but it's far from a household name. It's about to own one. When WeWork's attorneys revealed in ...
WeWork’s bankruptcy filing has arrived. The well-known flexible office-space company has filed for Chapter 11 bankruptcy protection in the United States and Canada, seeking to convert certain debts to ...
Adam Neumann has submitted an unsolicited bid in excess of $500 million to acquire WeWork out of bankruptcy, a person familiar with the matter told CNBC. Pending due diligence, that bid could go up to ...
WeWork announced Wednesday it plans to renegotiate “nearly all” of its leases in an effort to lower operating expenses and stay in business “for many years to come”—weeks after warning its ability to ...
NEW YORK (AP) — WeWork has filed for Chapter 11 bankruptcy protection, marking a stunning fall for the office sharing company once seen as a Wall Street darling that promised to upend the way people ...