WeWork


The Latest

From left: Knotel’s Amol Sarva; Breather’s Bryan Murphy; WeWork’s Sandeep Mathrani and IWG’s Mark Dixon
National Issue

Seismic shifts in the flex-office market

Montreal-based Breather, a company that rents workspaces by the day, made a bold announcement last month that reverberated throughout the world of flex-office operators. “Breather, in its current form as an operator, doesn’t make...

Seismic shifts in the flex-office market
Warburg Realty's Clelia Warburg, Breather's Brian Murphy and InstaClosing's Peter Zinkovetsky (iStock)
National

Proptech’s winners and losers in 2020

It’s been a year of extreme highs and extreme lows in the proptech industry. While startups offering catering to digital transactions surged, co-working and flex-office spaces struggled with a sharp drop in business, as...

Proptech’s winners and losers in 2020
Katerra CEO; SoftBank CEO Masayoshi Son and Katerra CEO Paal Kibsgaard (Photos via Katerra; Getty; iStock)
National

SoftBank bails out Katerra with $200M cash injection

Once bitten, twice shy? Not so for Japanese investment firm SoftBank, which despite its ill-fated bet on WeWork has...

SoftBank bails out Katerra with $200M cash injection
WeWork CEO Sandeep Mathrani (Getty)
National

WeWork losses continue but firm sees glimmer of hope

WeWork is still losing money, but the flex-office provider is hoping big changes in the office market will favor...

WeWork losses continue but firm sees glimmer of hope
WeWork CEO Sandeep Mathrani (Wikimedia)
National

WeWork tells members you must pay rent

WeWork has doubled down on its demand for rent from members unable to pay, in some cases threatening debt collection if clients don’t fork over the money. Covid-related eviction moratoriums in many cities, including...

WeWork tells members you must pay rent
Sandeep Mathrani (WeWork)
National

WeWork eyes another IPO effort

Like many around the world, WeWork is looking to forget this year and pick up where it left off in 2019. The office-space company is going to revisit plans for an initial public offering...

WeWork eyes another IPO effort
WeWork CEO Sandeep Mathrani (Wikipedia Commons; iStock)
National

WeWork bonds, already junk, downgraded by Fitch

WeWork’s credit rating, already rated as junk, has been downgraded on concerns that the pandemic could seriously weaken demand...

WeWork bonds, already junk, downgraded by Fitch
Eight stats tell the tale of Adam Neumann’s rise, fall, and return
National Issue

Eight stats tell the tale of Adam Neumann’s rise, fall, and return

Adam Neumann is back. In his first venture since leaving WeWork last year, the eccentric and brash Israeli entrepreneur...

Eight stats tell the tale of Adam Neumann’s rise, fall, and return
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