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Brookfield, Blackstone, SoftBank's Fortress Among Bidders For Anbang Hotel Portfolio
Brookfield is bidding for the luxe hotels that Anbang bought a few years ago.
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Brookfield is bidding for the luxe hotels that Anbang bought a few years ago.
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As legal challenges mount, WeWork said it pay 80% of its rent in April and May.
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Softbank and DreamWorks put a huge amount of space on the market.
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SoftBank is finalizing a deal to invest at least $3B in co-working giant WeWork.
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SoftBank has made one of the largest ever investments in a private company with $4.4B WeWork deal
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Softbank wired WeWork $1.5B last week as the company strives towards turning a profit for the first time.
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WeWork needs more than $7B to keep going while it is not making a profit.
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Potential job cuts as WeWork cuts costs
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90 days after WeWork presented a 90-day turnaround plan to investors, what has it accomplished?
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WeWork plans to reduce the capacity of its shared spaces and ramp up cleaning operations to adapt to the coronavirus.
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