WeWork, engulfed in Chapter 11 bankruptcy proceedings, has caught the eye of another potential buyer.
WeWork to emerge as a private company with a smaller real estate portfolio in mid-June.
In exchange for nearly $340M in new money, the property data company is expected to take a 60% stake in the coworking firm.
WeWork, which lost $122M in February, has renegotiated terms on 25 leases and rejected 94. Talks at 173 other locations are ongoing.
Stephen Palmese quit after 20 years as a broker to start his own credit lending business. In 15 months, his firm has put out $700M.
Adam Neumann's Flow and partners gain approval for multifamily project in Aventura.
The biggest leases, sales and loans this week in New York City.
The Fay multifamily high-rise in San Jose slipped into foreclosure in January.
What happens now that WeWork is in bankruptcy?
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