This Week's N.Y. Deal Sheet
... SF lease there in 2019, around the time former CEO Adam Neumann was ousted. JLL’s Clark Finney represented WeWork, and Santander ...
Feb 15, 2022
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News
Marcelo Claure Is Out At SoftBank After Billion-Dollar Pay Dispute
... , running the embattled company after Son tapped him to succeed Adam Neumann. In May last year, Claure said that sales at WeWork ...
Jan 28, 2022
News
WeWork Lost $1.25B In The Third Quarter As Its IPO Went Belly-Up
... but other kinds of expansion formerly driven by former CEO Adam Neumann, including the various tech companies WeWork acquired, The Wall ... losses — and rankled by the $1B-plus payoff to Neumann to cede control of the company — are demanding severance pay ...
Nov 14, 2019
News
SoftBank CEO Outlines WeWork Turnaround Plan, Regrets 'Bad Judgment'
... while missing warning signs about co-founder and former CEO Adam Neumann's management of the company, The Wall Street Journal reports ... additional $8B to take control of the company — and sideline Neumann. Son said at the conference that the investment was in ...
Nov 06, 2019
News
Nitin Motwani And Related Group’s Nick Perez Team Up For Condo Project At Miami Worldcenter
... developed by CIM Group and Falcone Group. WeWork co-founder Adam Neumann reportedly took a majority stake in the latter building recently ...
Jan 13, 2022
News
What, WeWorry? WeWork Opens New Newport Beach Location
... darling of commercial real estate to a virtual pariah, as Neumann stepped down and the company was on the verge of ...
Oct 28, 2019
News
Reports: WeWork Agrees To SoftBank Takeover At $8B Valuation
... would come from WeWork co-founder and former CEO Adam Neumann, whose erratic management style and outsized ambition were reportedly ... reports. Though it has corresponded with a financial windfall, Neumann’s public fall from grace has been swift. Before ...
Oct 21, 2019
News
WeWork Nixes Planned Seattle WeLive Location
... sell three of the companies it acquired under former CEO Adam Neumann — Neumann had boldly proclaimed WeLive would be "a bigger business than ...
Oct 15, 2019
News
Report: WeWork Could Run Out Of Money By November As JPMorgan Considers Bailout
... projected valuation. The IPO has since been canceled, co-founder Adam Neumann was forced out as CEO and his replacements have reportedly ... way out from under his excesses. In the days after Neumann's ouster, Bloomberg reported it only had enough capital to ...
Oct 13, 2019
News
WeWork Executive Cautions Lenders Not To ‘Make An Assumption’ About Coworking Deals
... Advisors to be rolled into ARK, and for then-CEO Adam Neumann to sell the buildings he owned to it. The Lord ... after its plans to go public turned to ash and Neumann was forced to step down. Former Chief Financial Officer Artie ...
Oct 10, 2019
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