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.” Continue reading

Troubled WeWork projects savings of $8B through restructured leases

The bankrupt provider of co-working spaces is aiming to emerge from chapter 11 bankruptcy before June through the restructuring of hundreds of leases, company executives said Tuesday. Continue reading

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. Continue reading

Adam Neumann’s secretive new apartment scheme is now live

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 in lease-up. Here’s what we know. Continue reading

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. Continue reading

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 $47 billion, is reportedly considering filing a chapter 11 petition in New Jersey. Continue reading