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WeWork Is Backing Out Of A Big Lease In Manhattan
News

WeWork Is Backing Out Of A Big Lease In Manhattan

... public last year went belly-up and its biggest backer, SoftBank Group, has since said it is pulling out of a ...

Jun 26, 2020
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My New Normal: Compass Development West Coast Regional Director Sandra Eaton
News

My New Normal: Compass Development West Coast Regional Director Sandra Eaton

Bisnow: Describe your work-from-home life and what you are doing in your spare time. Eaton: I have found that there is no spare time. Actually, my workday has expanded. It’s easier to slip through a day with little break between virtual meetings. Access ...

May 28, 2020
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Related Reportedly Took On Large Investment From Saudi Wealth Fund Pre-Pandemic
News

Related Reportedly Took On Large Investment From Saudi Wealth Fund Pre-Pandemic

... venture-backed real estate firms. Of the $100B invested in SoftBank Group's Vision Fund — the group that pumped WeWork, Katerra ...

Apr 21, 2020
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Amol Sarva, Knotel
News

WeWork, Knotel Skip Some Rent Payments, Look To Reduce Portfolios

... other markets around the country. The company is also suing SoftBank after the Tokyo investment giant, which has a controlling interest ...

Apr 09, 2020
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Katerra
News

Katerra Cuts 3% Of Global Workforce

... well as questions about the valuation assigned to it by SoftBank, have worked against the company. In addition to layoffs and ...

Apr 05, 2020
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Nuro To Start Deliveries For Walmart And Domino’s
News

Nuro To Start Deliveries For Walmart And Domino’s

... .  The robotics company, which is backed by nearly $1B from SoftBank, has been performing deliveries for three Kroger grocery stores in ...

Mar 05, 2020
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How The World’s Scariest Investor Took On UK Retail And Lost
News

How The World’s Scariest Investor Took On UK Retail And Lost

But earlier this year, Elliott called time on a fight it appeared it couldn’t win: the fight against the decline of the UK retail property sector. The company’s investment in UK REIT Hammerson was ultimately sold for £100M less than the price it paid for ...

Mar 04, 2020
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WeWork exterior
News

WeWork Taps Former Oil Industry Exec As CFO

... only part of the company's reorganization after major investor SoftBank bailed it out last year. WeWork is also shedding non ...

Mar 02, 2020
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Jared Kushner
News

Jared Kushner Divests From Startup To Avoid Conflicts Of Interest

...  Andreessen Horowitz. A separate investment deal with Japanese company SoftBank was reportedly killed last year after Kushner did not divest ... during talks, Bloomberg reported at the time. SoftBank's Vision Fund is heavily backed by equity from ...

Feb 28, 2020
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WeWork Mid-Atlantic and Northeast General Manager Lex Miller.
News

WeWork’s D.C. Head Says It Will Grow Again, But Listless Office Market Isn’t Holding Its Breath

... public, the resignation of its founder and a takeover from SoftBank at a fraction of its previous valuation. Avison Young principal ...

Feb 25, 2020
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