WeWork Faces Eviction Lawsuit After Vacating Chicago Loop Site
... losing hundreds of millions of dollars per quarter, leading investor SoftBank to consider a financial restructuring plan. Since 2020, it has ...
Apr 17, 2023
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WeWork CEO: Traditional Office Is The New Retail, And We're E-Commerce
... stock price has dipped below $1 per share, leading investor SoftBank to consider a financial restructuring plan. As part of its ...
Mar 29, 2023
News
WeWork Makes First Official Move Toward An IPO
... IPO. Though the company is flush for now with SoftBank cash — the Japanese investor's latest investment in ... monetize," WeWork Vice Chairman Michael Gross told Axios. Besides SoftBank, prominent investors currently backing WeWork include Benchmark, T. Rowe ...
Apr 29, 2019
News
Hedge Fund Buys Into Discounted WeWork Debt
... .2B of outstanding debt, also due in 2025, owed to SoftBank, its largest shareholder. The company had $460M of cash and ...
Feb 14, 2023
News
This Week's South Florida Deal Sheet
... new partners, including the family office of former WeWork and SoftBank executive Marcelo Claure. Berkadia arranged the loan, and construction could ...
Jan 23, 2023
News
David Beckham's Soccer Club Tries To Win Over Miami While Flirting With Fort Lauderdale
... Marcelo Claure, the CEO and chief operating officer of SoftBank, respectively. SoftBank controls significant stakes in Uber and WeWork, through its Vision ...
Mar 27, 2019
News
WeWork's Losses Doubled In 2018, Reaching Nearly $2B
... has incurred from debt investments like the aforementioned bond offering. SoftBank, which has been WeWork's largest investor through its ... more modest plans; while perhaps at the direction of SoftBank's backers, it could also mean less onerous interest ...
Mar 26, 2019
News
Corporate Relocations And A Strong Housing Market Continue To Draw Top Developers To Miami
... tenants expanding into the market include Apollo, Point72, Goldman Sachs, SoftBank, Schonfeld, Elliot Management, Icahn Enterprises, Microsoft and Blackstone. The record ...
Jan 10, 2023
News
WeWork Cuts Workforce 3%, Says It's Nothing To Worry About As Hiring Continues Briskly
... in recent years, especially from the Japanese conglomerate SoftBank Group, the company has expanded rapidly since. Most recently ... , SoftBank pumped $6B into the coworking specialist. Besides expanding ...
Mar 05, 2019
News
A $3B Investment From Japan Would Push WeWork Valuation To $20B
... a second one valued at more than $1B. Sources say SoftBank, which owns Sprint, could boost the secondary round to nearly ... of buying its own properties through outside investors. Should the SoftBank deal close, WeWork’s value would jump to over $20B ...
Feb 27, 2017
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