)
WeWork, engulfed in Chapter 11 bankruptcy proceedings, has caught the eye of another potential buyer.
)
WeWork wants to get out of about 200K SF of leases in Los Angeles and Orange counties.
)
Yet more turbulence has emerged for WeWork as it approaches a possible bankruptcy.
)
Lawyers for a committee of landlords say the bankrupt coworking company appears to be making "an effort to strong-arm negotiations" with property owners.
)
The coworking firm said in court filings it would exit its 429 Lenox Ave. location in May, but a WeWork spokesperson said it hoped to reach a deal to stay.
)
The coworking company's critical negotiations with landlords are slowly bearing fruit.
)
WeWork got a seven-day extension to make one interest payment. But at the same time, it missed another.
){kind=logo}
WeWork leased 83K SF across four floors at the 1201 Wilson. Blvd. building in 2018.
)
The move to restructure WeWork comes at a critical time for Denver’s coworking and office markets.
)
The Alter Group is WeWork's second-largest creditor, according to its bankruptcy petition filed this week.
We're not asking for your money. This is not a step towards a paywall. Our news is free and we intend to keep it that way.