A major NorCal VC firm believes that Adam Neumann is going to revolutionize housing.
If Neumann's new venture flops, he loses some of his multifamily holdings.
A little over a year into its lifespan, Adam Neumann's newest business venture is experiencing cash flow issues at multiple properties.
As the apartment community's opening draws closer, more details have been released about the WeWork founder's new real estate venture.
The ousted CEO seeks to take over his old company, although his rumored financial partner has distanced itself.
The WeWork co-founder has three projects at Miami Worldcenter, including two apartment towers and 40K SF of office space with a retail component.
Neumann's real estate company, Flow Global, is reportedly seeking to buy WeWork out of bankruptcy with help from hedge fund manager Daniel Loeb.
WeWork needs to raise as much $400M to emerge from bankruptcy as its former CEO's new startup, Flow, offers to buy out the firm at a 10% premium.
Miami and Fort Lauderdale are the first cities to get Flow-branded towers. Flow or entities from founder Adam Neumann own seven towers across the Southeast.
The new Workflow brand will be a coworking service offered by Neumann's residential company, Flow, and it is planning space in a new Flow building in Miami.
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