WeWork
32,000 SQFT WeWork-Leased Building in San Francisco Sees Value Drop by 84 Percent
By The Registry Staff A San Francisco building tied to a loan that went into default earlier this year saw its value fall...
Lawsuit Alleges WeWork Owes $250MM Related to 250,000 SQFT Lease in San Francisco
By Kate Snyder WeWork is facing more legal action related to a lease the firm intended to exit in San Francisco. A lawsuit...
A Witty Opinion on WeWork: A Masterclass in Flexibility
By Billy the Broker (I just want to stay anonymous) Ah, WeWork, the name synonymous with co-working and… renegotiating leases. As your nosy...
Guardian Capital’s 32,000 SQFT 1045 Bryant in San Francisco Goes to Special Servicer
By Vladimir Bosanac Another property in San Francisco is struggling to remain solvent and has become delinquent on its debt payments. Carlsbad, Calif.-based...
Loan on Sand Hill Property Company’s 100,000 SQFT Office Building in Mountain View Falls into Default
By Kate Snyder Another loan on a Bay Area commercial property has fallen into default. An entity affiliated with Sand Hill Property Company,...
Swift Real Estate Partners’ 100,000 SQFT 55 New Montgomery in San Francisco Headed to Auction
By Kate Snyder After a loan on a commercial building in San Francisco’s central business district went into default earlier this year, the...
WeWork’s Lenders Exploring Chapter 11 Bankruptcy To Cut Lease Obligations Facing Company
By The Registry Staff In a turn of events that marks a significant crossroads for the once high-flying startup, a consortium of Wall...
WeWork’s Parent Owns 360,000 SQFT 600 California in San Francisco, Making A Resolution of This Distressed Property More Challenging
By The Registry Staff In recent years, the name “WeWork” has become synonymous with flexible office space and co-working. However, the company’s ambitious...
GEM Realty Capital’s $23.75MM Loan on Building Partially Leased by WeWork in San Francisco Enters Special Servicing
By Kate Snyder An office complex leased by WeWork in San Francisco’s downtown is facing possible default after the loan on the property...
IWG Posts 48% Profit Growth While WeWork Struggles to Stay Afloat
By The Registry Staff In a landscape forever changed by the pandemic, the realm of office rentals has undergone a transformative shift. Businesses...
