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As It Expands Rapidly In U.S., Indian Hotel Startup Hits $10B Valuation
News

As It Expands Rapidly In U.S., Indian Hotel Startup Hits $10B Valuation

... major investor in the new round (Series F) will be SoftBank Group, which supports a variety of startups it considers disruptive ...

Oct 08, 2019
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WeWork Offices
News

Top CRE Execs Answer 3 Important Questions On The Future Of WeWork

... and realize that instead of blaming Adam Neumann for convincing SoftBank to invest at lofty valuations, the blame should fall on ... a massive marketing binge and CRE land grab with their SoftBank dollars, without properly investing in the way Servcorp has in ...

Oct 06, 2019
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As WeWork Spirals, Competitor IWG Has Gained 60% In Value
News

As WeWork Spirals, Competitor IWG Has Gained 60% In Value

... WeWork reported losses of $1.37B, the Times reports. With SoftBank Group inflating its private valuation to $47B, The We Company ...

Oct 02, 2019
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WeWork, offices, open space, creative office
News

WeWork Withdraws IPO Filing

... , and the company is in talks with private investors — including SoftBank, which has injected $10B into WeWork — for more money to ...

Sep 30, 2019
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Adam Neumann Steps Down As WeWork CEO
News

Adam Neumann Steps Down As WeWork CEO

... plans. Its most recent private raise of equity came from SoftBank and valued WeWork at $47B. After meeting with Wall Street ...

Sep 24, 2019
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WeWork Real Estate Execs Join Exodus From Company
News

WeWork Real Estate Execs Join Exodus From Company

... decided to pull its offering for at least a month. SoftBank, the startup's main private investor, had reportedly been pressuring ...

Sep 22, 2019
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Essex House
News

Did Fake Deeds Delay Anbang's $5.8B Hotel Portfolio Sale?

... Korean firm outbid major players such as Brookfield Asset Management, SoftBank and GIC, Singapore's sovereign wealth fund.  Now the WSJ ...

Sep 11, 2019
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WeWork's Tower Place office in Atlanta
News

WeWork Mulling Another Cut To Valuation

... — or find money another way. One possible option is that SoftBank Group, which has funneled billions into the company already, buys ...

Sep 09, 2019
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bankruptcy
News

Fortress Investment Bids To Snap Up The Pieces Of Bankrupt RAIT Financial

... under management. The company, which was acquired by Japanese investor SoftBank in 2017 for about $3.3B, manages assets on behalf ...

Sep 03, 2019
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Anbang Finds Potential Buyer For $5.5B Hotel Portfolio
News

Anbang Finds Potential Buyer For $5.5B Hotel Portfolio

... reports. Brookfield Asset Management, Singaporean sovereign wealth fund GIC and SoftBank's Fortress Investment Group were among the rumored suitors as ...

Aug 13, 2019
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