The Latest

WeWork CEO Sandeep Mathrani, Adam Neumann and SoftBank CEO Masayoshi Son (Getty/Illustration by Kevin Rebong)
National

WeWork and SoftBank settle lawsuit

The battle between WeWork and SoftBank is over. The beleaguered co-working giant and its co-founder and former CEO, Adam Neumann, have reached a legal settlement with SoftBank Group, Bloomberg News reported, heading off a...

WeWork and SoftBank settle lawsuit
WeWork CEO Sandeep Mathrani (Wikipedia Commons, iStock/Illustration by Kevin Rebong for The Real Deal)
National

WeWork slashes rents in some cities

WeWork has slashed its rents across the country as workers continue to avoid going into offices. The New York-based flex-office provider dropped the price of its rental fees in November and in January by...

WeWork slashes rents in some cities
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
Breather’s Bryan Murphy (LinkedIn, iStock)
National

Breather to liquidate 400 on-demand offices

Breather, a startup that rents office space by the day, has run out of air. The Montreal-based company plans to shutter more than 400 locations in the United States, Great Britain and Canada. In...

Breather to liquidate 400 on-demand offices
Knotel CEO Amol Sarva (iStock)
National

Knotel may slash its global portfolio by 60%

Knotel once hoped to be the next WeWork. And as the pandemic rages on, it’s facing similar headwinds as...

Knotel may slash its global portfolio by 60%
WeWork CEO Sandeep Mathrani (Getty; iStock)
National

We Company changes name back to WeWork

In a throwback to a more innocent time — before anyone knew Adam Neumann packed a cereal box full of marijuana onto his private jet — the WeCompany is changing its name back to...

We Company changes name back to WeWork
John Bardis, Carlos Lopez-Cantera, and the office (Credit: Google Maps)

Medical co-working space operator buys Miami medical campus

UPDATED, Nov. 5, 2020, 12:23 p.m.: An owner and operator of medical co-working space bought a medical office campus in...

Medical co-working space operator buys Miami medical campus
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