Amid losses, WeWork attempts to renegotiate 'nearly all' of its leases
The struggling commercial real estate startup said that its leasing costs remain too high and it will look to exit underperforming locations
by Ben Verde Sep 7
'Substantial doubt' that WeWork can stay afloat, company says
By WeWork's own admission, it is unlikely to last much longer. In order to survive, it would need to reduce lease costs and other expenses, increase revenue and find a source of additional capital
WeWork's Sandeep Mathrani steps down as CEO after 3 years at helm
After only three years, Sandeep Mathrani is leaving the CEO position. WeWork board member David Tolley will take over in the interim
by Marian McPherson May 17
WeWork takes bite out of losses as debt overhaul starts to pay off in Q1
The coworking behemoth posted a net loss of $299M in the first quarter, a $205M improvement from a year earlier, according to Q1 earnings data released Tuesday morning
by Ben Verde May 9
Forget Flow: These 'Rental Rewards' disruptors already flooded the zone
Former WeWork CEO Adam Neumann is getting into rentals and property management with his latest effort, Flow. But these renter-reward companies are already flooding the rental sector
by Taylor Anderson Mar 7
WeWork hits an earnings milestone in Q4 — but remains deep in the red
The embattled coworking giant posted a 75% quarterly gain in earnings before interest, taxes, depreciation and amortization — but still shouldered $26M in losses, according to Q4 earnings
by Ben Verde Feb 16
WeWork to close 40 locations across US amid otherwise promising Q3
The coworking space lost $568M in Q3, an improvement from the same period last year when it lost $802M, according to earnings Thursday. Its revenue hovered at $817M, a 24% lift from 2021
by Ben Verde Nov 10
Venture capital firm behind Airbnb and Flow is now a landlord
As part of making its largest investment ever in WeWork founder’s new real estate empire, Andreessen Horowitz obtained a share in thousands of apartment units, reports say
by Taylor Anderson Sep 13
What do we know about Adam Neumann’s new housing venture?
From renters building equity to coworking space to easy moves across the country, we take a look at some of the possibilities for Flow after the WeWork co-founder pulled in a $350M check
by Taylor Anderson Sep 6
Flexible living startup Landing nabs $125M funding round
The Series C funding round comes amid a spurt of aggressive growth from the company, which claims to have seen its membership increase 380% over the past year
by Ben Verde Aug 25
Adam Neumann's post-WeWork residential venture raises $350M
Flow, the WeWork founder's fledging startup, has received an investment of approximately $350M from venture capital firm Andreessen Horowitz and has already earned a $1B valuation
by Ben Verde Aug 15
News Quiz: Do you know the biggest stories for the week of Jan. 16?
Vishal Garg, WeWork and eXp Realty made headlines this week. Test your knowledge of the week's biggest real estate stories to determine if you're up to date on the biggest industry news
by Inman Jan 21
Watch: Jared Leto's Adam Neumann in first trailer for WeWork TV series
The series stars Jared Leto as the entrepreneur who sought to redefine commercial real estate but resigned from the company he founded in 2019
by Ben Verde Jan 20
WeWork founder Adam Neumann pivots to residential real estate
The former WeWork chief executive officer has accumulated a real estate portfolio in excess of $1B since departing the shared workspace giant in 2019 following a calamitous IPO bid
by Taylor Anderson Jan 4
WeWork finally goes public, stock jumps on 1st day of trading
At long last, WeWork made its stock market debut Thursday, two years after it tried and failed to first hold an initial public offering
by Jim Dalrymple II Oct 21