Your Search Results For:

Contact Us
Filter by City:
Sort by:
WeWork logo
News

WeWork Reveals Post-Bankruptcy Financial Projections As Landlords Say Restructuring Close To 'Meltdown'

... following bankruptcy.  An investigation by Bisnow found that WeWork’s bankruptcy has tested member loyalty as locations ... without further explanation, Flow claims.  The official committee of WeWork's unsecured creditors, which are mostly its landlords, ...

Apr 23, 2024
+
WeWork Opens One Central Plaza After Restructuring Irish And UK Business
News

WeWork Opens One Central Plaza After Restructuring Irish And UK Business

... estate investor Hines and Hong Kong-based Peterson Group. WeWork added that the Dublin opening reaffirmed its commitment to creating ... beer island, while the building has a rooftop restaurant. WeWork has three other Dublin locations at Charlemont Exchange, 2 ...

Jun 07, 2024
+
WeWork Building
News

WeWork Turns To SoftBank, Yardi To Fend Off Takeover Bid From Adam Neumann

... attempt, offering to beat out competing offers and criticizing WeWork for ignoring its overtures.  “Flow and its financial ... is uniquely conflicted based on its insider information about WeWork's ongoing performance, and also extensive private information ...

Apr 18, 2024
+
WeWork at 135 Madison Ave
News

WeWork Renegotiates 8 More Leases, Delays Financial Reporting Again

... -term success and look forward to continuing this momentum.”  WeWork is keeping its leases, with amendments to its contracts, ... Group, which acquired a Virginia building partially leased to WeWork last month, asked the judge overseeing the restructuring to ...

Mar 19, 2024
+
WeWork Miami Beach 429 Lenox Ave
News

WeWork Could Reject Its First Miami Location During Its Bankruptcy

... during the restructuring process, which kicked off in November. WeWork is continuing to negotiate with the landlord to stay ... notices generally saw terminations occur on a shorter timeline. WeWork has been leveraging all available tools in its lease ...

Apr 16, 2024
+
WeWork has assumed 89 additional leases including 200 Portland St. in Boston.
News

WeWork Moves To Keep 89 More Locations, Bringing Rent Savings To Over $11B

... , Nashville, Chicago and Vancouver.   About two weeks ago, WeWork assumed leases at 16 other offices, many of which resulted ... group including SoftBank will own the last 20% stake.  WeWork has considerably dwindled its footprint since entering bankruptcy. The ...

May 20, 2024
+
WeWork Plans To Reject 4 DFW Leases Next Month
News

WeWork Plans To Reject 4 DFW Leases Next Month

... on the specifics.  “We are in active negotiations with WeWork and [are] hopeful for a positive resolution,” the KBS ... and lease talks are ongoing at those properties. The WeWork spokesperson declined to provide any additional details about those proceedings ...

Apr 08, 2024
+
Tower 49, owned by Kato International, in Midtown East
News

WeWork To Close Manhattan Headquarters, One Of Its Largest Coworking Locations

... apologize for any inconvenience this may cause,” WeWork's spokesperson said.  WeWork became a tenant in Tower 49 in July ... Ellis partner Steven Serajeddini, one of the bankruptcy attorneys representing WeWork, called the rejection of the Tower 49 lease a “ ...

Apr 29, 2024
+
WeWork exterior
News

WeWork Looks To Reject More Leases After Judge Approves First Batch Of Closures

... spokesperson added, but declined to provide any details. WeWork’s initial rejection list included 69 leases, mostly for ... our ongoing optimization efforts.” Landlords at properties with WeWork leases have been closely watching the lease rejection process ...

Dec 04, 2023
+
The Interlock office building in West Midtown, Atlanta, where WeWork has shuttered its newly opened location.
News

WeWork Seeks To Reject Even More Leases As Bankruptcy Proceedings Trudge On

... ongoing optimization efforts." Four of the leases WeWork is looking to reject were ones it ... This is the third batch of leases WeWork has proposed to walk away from since ... process wrote in a court filing that WeWork's landlords have reported that "the tone ...

Jan 02, 2024
+