Browsing: WeWork news
WeWork’s occupancy hit 72% in Q2, the highest it’s been since the pandemic began and matching the company’s pre-pandemic levels in late 2019.
Daniel Hurwitz has more than three decades of experience transforming public and private businesses in the retail real estate industry.
SoftBank has officially sold $550 million of its $2.2 billion rescue debt package that it provided WeWork over a year ago.
The agreement between WeWork and SoftBank resulted in an extension of $1.75 billion of total liquidity from February 2023 to February 2024.
On Wednesday, WeWork said it has to revise its Q3 financial statements after discovering that it misclassified some of its public shares.