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Salon Series: John Santora
The Real Deal HQ
Event is Exclusive for The Real Deal Subscribers! Nearly one year ago, storied co-working company WeWork exited a notorious bankruptcy, ripe with all the plot twists many have come to expect from one of the buzziest companies of the 21st century. Once valued by private investors at $47 billion, WeWork entered bankruptcy in 2023 with debts of $18.65 billion and assets of $15.06 billion. The firm renegotiated 190 leases and quit 170, reducing its annual rent and tenancy expenses by more than $800 million. They exited bankruptcy in large part thanks to slashing debt, bringing in an equity partner in […]