Adam Neumann expands real estate empire with Miami condos
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 in an Israeli real estate firm
by Taylor Anderson Oct 2
Adam Neumann drops bid to buy back WeWork
Neumann told 'The New York Times' DealBook that he will end his bid to reacquire the bankrupt coworking firm he founded
by Ben Verde May 29
WeWork floats bankruptcy exit deal, without Adam Neumann
The firm plans to rid itself of $4B in debt through $450M in financing and ignores founder Adam Neumann's bid to buy back the company
by Ben Verde Apr 30
WeWork creditors urge consideration of Neumann's offer
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 company is 'inexcusable'
by Lillian Dickerson Apr 23
Troubled WeWork projects savings of $8B through restructured leases
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 said Tuesday
by Ben Verde Apr 3
Bankrupt WeWork struggles to control losses, renegotiate leases
WeWork's United States and Canada operations lost $122M in February alone, according to bankruptcy filings
by Ben Verde Apr 2
Adam Neumann makes grand play to take back struggling WeWork
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 its assets to Flow, Neumann's latest real estate endeavor
by Ben Verde Feb 6
WeWork asks bankruptcy court to hide 600K tenant names from rivals
Once valued at $47B, WeWork attorneys argue that releasing the names of its 600,000 clients would allow competing office landlords to poach customers
by Taylor Anderson Dec 19
Adam Neumann’s secretive new apartment scheme is now live
The WeWork founder quietly scooped up $1B worth of apartment buildings near the peak of the multifamily housing market. His first building is now in lease-up. Here’s what we know
by Taylor Anderson Dec 12
WeWork’s collapse presents an opportunity for other companies
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
by Taylor Anderson Nov 14
WeWork, once thought to be the future of work, files for bankruptcy
The company filed for Chapter 11 bankruptcy in New Jersey as part of a 'comprehensive reorganization' of the office space leasing giant
by Ben Verde Nov 7
WeWork reportedly to file for bankruptcy as soon as next week
The company that once embodied the future of the workplace, which at its peak was valued at $47B, is reportedly considering filing a chapter 11 petition in New Jersey
WeWork downgraded again by Fitch as it skips interest payments
Fitch downgraded the commercial real estate firm from a CC to a C, meaning a default or 'default-like' process has already begun
by Ben Verde Oct 10
Amid losses, WeWork attempts to renegotiate 'nearly all' of its leases
The struggling commercial real estate startup said that its leasing costs remain too high and it will look to exit underperforming locations
by Ben Verde Sep 7
'Substantial doubt' that WeWork can stay afloat, company says
By WeWork's own admission, it is unlikely to last much longer. In order to survive, it would need to reduce lease costs and other expenses, increase revenue and find a source of additional capital