Page 2 - David Putro News Today

WeWork, shortly after warning about its future, seeks to renegotiate nearly all of its leases | 2023-09-07 04:08:39

WeWork said Wednesday it will attempt to renegotiate nearly all of its leases and may exit some properties, an announcement coming just weeks after the workspace-sharing company sounded the alarm over its ability to remain in business. The New York company must reduce its operati...

A downtown San Jose office building whose principal owner is a firm headed by WeWork's co-founder and former CEO has fallen behind on its mortgage payments.

A downtown San Jose office building whose principal owner is a firm headed by WeWork's co-founder and former CEO has fallen behind on its mortgage payments.

A downtown San Jose office building whose principal owner is a firm headed by WeWork's co-founder and former CEO has fallen behind on its mortgage payments.

Maturing loans will face difficult refinancing options with high interest rates and slow rebound for tourism.

Applesway Investment Group has another multifamily property heading to foreclosure after allegedly defaulting on a $65 million loan for the Cabo San Lucas apartments.

Donald Trump and Vornado Realty Trust want to extend their office tower loan on the former Bank of America Center at 555 California St. in San Francisco.

Donald Trump and Vornado Realty Trust want to extend their office tower loan on the former Bank of America Center at 555 California St. in San Francisco.