After failing to go public in 2019, WeWork set to try again via SPAC
The special purpose acquisition company merger will reportedly value the combined company at $9B, far below the $47B it was valued at just 2 years ago
by Patrick Kearns Mar 26
After failed IPO, WeWork now in talks with SPAC to go public: Report
The embattled co-working company is reportedly seeking to go public — again — this time via a special purpose acquisition company
by Patrick Kearns Jan 28
Everything that happened in 2020, the wildest year of our lives
This year had it all: A presidential election, a stock market crash and rebound, and the busiest summer and fall in memory — all amid an unprecedented global pandemic
by Jim Dalrymple II Dec 21
The 8 biggest stories that impacted real estate investors in 2020
The hottest topics for real estate investors this year ran the gamut — Airbnb's IPO, WeWork's new CEO, the vacation rental market's comeback, eviction bans and more
by Lillian Dickerson Dec 15
Adam Neumann, former WeWork CEO, returns to real estate industry
Adam Neumann, the embattled co-founder of the coworking startup, has invested $30M in residential management startup Alfred
by Patrick Kearns Oct 15
WeWork struggles to strike deal with landlords to reduce rent costs
As the COVID-19 pandemic causes cancellations to spike, WeWork CEO Sandeep Mathrani is pitching a revenue-sharing deal to the company's largest landlords
by Marian McPherson Apr 2
SoftBank may pull out of pledge to buy $3B in shares of WeWork
The Japanese conglomerate has been rapidly losing faith in the coworking space company
After a tumultuous 2019, WeWork has a new CEO
Sandeep Mathrani, previously the CEO of Brookfield Properties' retail group, has deep ties to the real estate industry
by Patrick Kearns Feb 4
WATCH: Compass likely to avoid WeWork's fate: Venture capitalists
Compass and WeWork both took massive amounts of cash from SoftBank, but experts say the 2 companies are actually quite different
by Inman Feb 4
Compass likely to avoid WeWork's fate: Venture capitalists
Compass and WeWork both took massive amounts of cash from SoftBank, but experts say the 2 companies are actually quite different
by Jim Dalrymple II Jan 31
WeWork drama could be coming to the big screen: Report
The film will focus on the relationship between WeWork founder Adam Neumann and Softbank CEO Masayoshi Son
WeWork
WeWork reportedly posted a loss of $1.25B in the 3rd quarter, according to 'The Wall Street Journal'
by Patrick Kearns Nov 15
'We're not flipping': Zillow CEO reveals impetus behind his iBuyer
'If anyone thinks Zillow is doing Zillow Offers to make money on home price appreciation, they’re wrong,' Rich Barton told the audience at Zillow's Unlock event Monday
by Patrick Kearns Oct 28
WeWork's Adam Neumann offered $1.7B to walk, SoftBank gets 80% stake
SoftBank will bail out the coworking giant to the tune of nearly $10B while news outlets report that founder Adam Neumann has been offered a $1.7B exit package.
by Teke Wiggin Oct 23
Potential SoftBank takeover reveals WeWork's new value
The takeover will reportedly value WeWork at around $7.5B and hand SoftBank approximately 70% of the company
by Patrick Kearns Oct 22