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Galleria Mall in Fort Lauderdale at 2414 E. Sunrise Blvd.
News

Former WeWork CEO Among New Owners Of Fort Lauderdale Galleria Mall

A joint venture of GFO Investments, InSite Group, Atlas Hill Real Estate and Prime Finance has purchased the 1980s-era mall at 2414 E. Sunrise Blvd. and plans to redevelop it, according to a release. Representatives for the buyers declined to disclose the ...

Sep 22, 2025
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WeWork Building
News

JLL, IWG Were Reportedly In Talks With WeWork CEO Before His Abrupt Exit

... time from other investors with plans to stabilize the company. Adam Neumann, WeWork’s mercurial co-founder who was ousted after a ... and buying back some of its stock, the Times reported.  Neumann was scheduled to meet with Mathrani in October to discuss ...

Jun 12, 2023
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Mathrani's 'Total Shock' Departure From WeWork Drives Investor Confidence To New Low
News

Mathrani's 'Total Shock' Departure From WeWork Drives Investor Confidence To New Low

... to the ouster of its longtime CEO and co-founder, Adam Neumann. It was saddled with $47B of lease liabilities, a bloated ... 8,000 jobs and reduced the real estate portfolio that Neumann and SoftBank had aggressively built in 2018 and 2019.  When ...

May 17, 2023
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This Week's Atlanta Deal Sheet: Cortland Pays $71M For Armour Yards Apartments
News

This Week's Atlanta Deal Sheet: Cortland Pays $71M For Armour Yards Apartments

... tower from Flow, the multifamily operator founded by WeWork founder Adam Neumann, Bisnow reported this week. DeFrancis declined to comment on the ...

Apr 25, 2025
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WeWork
News

WeWork Begins De-Neumannizing

... time being. Also on the way out are other Adam Neumann associates, who have been characterized as important executives in growing ... the company, or less charitably as yes-men enabling Neumann's eccentric behavior. The executives include Vice Chairman Michael ...

Sep 26, 2019
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WeWork Sells Its Stake In The Wing To Google Ventures, TV Star Mindy Kaling
News

WeWork Sells Its Stake In The Wing To Google Ventures, TV Star Mindy Kaling

... all acquisitions made under the leadership of former CEO Adam Neumann. Since SoftBank Group took majority ownership of WeWork ... reports. WeGrow, the elementary school spearheaded by Adam's wife, Rebekah Neumann, will cease operations at the conclusion of the ...

Jan 22, 2020
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WeWork Moves Forward With IPO On Nasdaq, Could Drop Valuation As Low As $10B
News

WeWork Moves Forward With IPO On Nasdaq, Could Drop Valuation As Low As $10B

... 's governance, aimed at assuaging investor concerns over founder Adam Neumann's outsized influence at the company he runs. Hours ... investor in that funding rounding, SoftBank, has reportedly asked Neumann to consider delaying or calling off the IPO. The We ...

Sep 13, 2019
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End Of An Era: WeWork Closing Its First-Ever Location
News

End Of An Era: WeWork Closing Its First-Ever Location

... its vast global footprint. Co-founders Adam Neumann and Miguel McKelvey used a 3K SF ... started as a one-floor lease, and Neumann and McKelvey sodablasted the brick walls and ... leases. Both its founders have departed. Neumann was ousted as CEO last year and ...

Jun 30, 2020
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WeWork Taps Cushman & Wakefield Exec As New CEO As It Exits Bankruptcy
News

WeWork Taps Cushman & Wakefield Exec As New CEO As It Exits Bankruptcy

... locations. Its financial projections, which co-founder and former CEO Adam Neumann blasted as “unrealistic and unlikely to succeed,” call for it ...

Jun 11, 2024
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The Bisnow Weekender: Yardi. Yardi? YARDI?!
News

The Bisnow Weekender: Yardi. Yardi? YARDI?!

We explored another transformative development this week, the potential impacts of the Federal Trade Commission’s proposal to ban noncompete agreements and what it could spell for CRE. With noncompete clauses being a staple in many brokerage firms, for ...

May 02, 2024
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