The struggling commercial real estate startup said that its leasing costs remain too high and it will look to exit underperforming locations
Real estate companies and related industries faced down the down market by cutting costs to offset declines in revenue
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
After only three years, Sandeep Mathrani is leaving the CEO position. WeWork board member David Tolley will take over in the interim
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
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
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
Five months after scooping up a $350M check from venture capital firm a16z, former WeWork CEO Adam Neumann shares details of his mysterious new real estate company
Compass went public in April 2021, and ever since then the New York-based brokerage has weathered a market downturn and seen investors' appetite for shares fall significantly
A slowing market is taking a toll on big real estate companies, though not every firm is suffering equally. A look back on the past 3 dramatic weeks of third-quarter wins, losses and draws
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
Opinion
Byron Lazine and Nicole White discuss mortgage fraud, rising home prices in the Sunshine State, and news from Left, Right and Center
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
Multiple real estate companies are seeing share prices fall to all-time lows. If they can't turn around stock market performances, falling share prices could have profound impacts
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