WeWork, the high-profile flexible office space provider, warned in August of doubts about its future unless its finances improve. A Chapter 11 bankruptcy filing followed in November. Here are some of the latest CoStar News stories in its ongoing coverage of the New York-based company:
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article3 Min ReadApril 23, 2024 07:04 PMThe flexible workplace provider has rebuffed its co-founder “at every turn,” according to a court filing.
article3 Min ReadApril 19, 2024 07:08 PMThe global flexible workspace provider has reached out to 30 financial institutions, according to a court document.
article1 Min ReadApril 17, 2024 06:13 PMWeWork has filed a motion with a New Jersey bankruptcy court to reject its lease in Miami Beach.
article3 Min ReadApril 08, 2024 07:04 PMThe global flexible workplace provider seeks to conclude talks with landlords at sites and emerge from bankruptcy by May 31.
article3 Min ReadApril 02, 2024 09:00 AMThe move signals the flexible workspace provider’s process of negotiating with landlords is nearing an end.
article4 Min ReadMarch 25, 2024 08:46 PMThe former CEO seeks to buy back the flexible workspace company he co-founded and from where he was later ousted amid corporate governance concerns.
article2 Min ReadMarch 07, 2024 07:55 PMThe flexible workspace provider has long-term lease obligations totaling $4.4 billion.
article4 Min ReadMarch 01, 2024 07:16 PMThe move could recover hundreds of millions of dollars, according to a bankruptcy court filing.
article1 Min ReadFebruary 28, 2024 03:22 PMAgreements spanning New York and Boston include revenue-sharing with a landlord.
article7 Min ReadFebruary 26, 2024 06:37 PMView a map of the U.S. locations where the flexible workspace provider reached rent stipulations with landlords.
article4 Min ReadFebruary 15, 2024 05:45 PMThe company is looking to raise new financing as rent negotiations drag on.
article5 Min ReadFebruary 06, 2024 04:04 PMThe potential bid comes as the flexible workspace provider says negotiations with its landlords over expensive leases is moving slower than expected.
article4 Min ReadFebruary 01, 2024 05:58 PMMore landlords have called out the firm in bankruptcy court for not paying January rents and other amounts owed.
article3 Min ReadJanuary 24, 2024 06:32 PMThe flexible workplace provider says it’s trying to move some landlord talks forward.
article4 Min ReadJanuary 24, 2024 06:20 AMLandlord Almacantar is seeking a test case ruling on whether United Kingdom or United States law applies as it seeks to evict the flexible office space provider.
article2 Min ReadJanuary 23, 2024 04:31 PMFlexible workspace provider says it’s entitled to a $3.13 million reduction.
article1 Min ReadJanuary 09, 2024 06:39 PMThe Bethesda, Maryland, space caters mostly to small businesses, according to the flexible workspace provider.
article2 Min ReadJanuary 03, 2024 05:07 PMHalf of the locations are the flexible workspace provider’s acquired Common Desk sites in Dallas.
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article1 Min ReadDecember 20, 2023 02:09 PMThe flexible office space provider considers the list its “most important asset.”
article2 Min ReadDecember 19, 2023 11:55 AM“Disclosure is a basic premise of bankruptcy law,” argues the U.S. Trustee, which monitors cases nationally.
article2 Min ReadDecember 12, 2023 05:27 PMOnline retailer Amazon occupies most of the flexible office space provider’s space at 1440 Broadway in New York City.
article4 Min ReadDecember 12, 2023 12:44 PMAt least 24 vendors have ceased doing maintenance and other jobs, according to the brokerage's attorney. The case gives a glimpse of the coworking company's vendors beyond landlords.
article3 Min ReadDecember 01, 2023 05:29 PMThe flexible workspace provider has requested adding six deals to its initial list.
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article4 Min ReadNovember 22, 2023 01:53 PMProposed new ownership is part of a debt-for-equity restructuring plan that requires bankruptcy court approval.
article1 Min ReadNovember 15, 2023 06:44 PMJPMorgan Chase, Goldman Sachs and Morgan Stanley were among the names listed in a bankruptcy court filing.
article7 Min ReadNovember 09, 2023 09:42 AMThe IWG leader has been through a Chapter 11 bankruptcy filing and emerged stronger.
article7 Min ReadNovember 09, 2023 06:57 PMThe plan calls for Japan-based investment giant SoftBank to remain the majority owner, according to the flexible workplace provider.
article4 Min ReadNovember 06, 2023 10:35 PMHere’s a look back at the tumultuous history of the New York flexible office firm.
article8 Min ReadNovember 06, 2023 10:31 PMThe New York-based global business is seeking court protection from creditors after a move to renegotiate nearly all its leases.
article11 Min ReadOctober 22, 2023 06:31 PMThere’s no one-size-fits-all solution, professionals say, but many owners are expected to listen to the flexible office space provider.
article8 Min ReadOctober 08, 2023 09:03 PMNegotiating with landlords is seen as a preferable option when it comes to escaping some expensive rent obligations.
- article10 Min ReadAugust 16, 2023 01:24 PMLandlords and lenders face exposure to the coworking giant's struggles.
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article5 Min ReadAugust 08, 2023 07:27 PMThe coworking firm’s second-quarter loss narrowed as revenue rose, but added competition is taking a toll.
