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WeWork Asks Landlords to Help It Cut Its Rent Bill by Up to 30%

2020-04-02 16:46:00| National Real Estate Investor

New CEO Sandeep Mathrani has been contacting large NYC office owners and pitching potential solutions.

Tags: to up bill cut

 

Amazon Just Bought Lord & Taylor Building from WeWork. Did It Overpay?

2020-03-23 20:11:00| National Real Estate Investor

The e-commerce giant paid more than the buildings previous sales price. It may still have been a good deal, capital markets experts say.

Tags: it building amazon bought

 
 

Co-Work Startup The Wing Saw Its Worth Shrink in WeWork Deal

2020-03-06 16:59:00| National Real Estate Investor

The sale implied a valuation for the Wing of about $165 million, a significant discount to its earlier value, according to some of the people familiar with the deal.

Tags: deal worth wing startup

 

WeWork Names Real Estate Veteran Sandeep Mathrani Its New CEO

2020-02-02 20:04:00| National Real Estate Investor

WeWork said the new CEO will report to Executive Chairman Marcelo Claure, an executive at SoftBank Group Corp.

Tags: real estate names real estate

 

WeWork Sells Teem and its Stake in The Wing as it Continues to Divest Non-Core Businesses

2020-01-22 17:02:00| National Real Estate Investor

The moves are part of an effort to slim down to WeWork's core business of leasing flexible office space.

Tags: to businesses continues wing

 

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