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【CNBC】WeWork could run out of cash by mid-November — here’s what would happen next

【CNBC】WeWork could run out of cash by mid-November — here’s what would happen next

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  • A year ago, WeWork boasted of becoming the biggest private office tenant in Manhattan, after achieving the same feat in London and Washington earlier in 2018.
  • According to CBRE, WeWork controls 33% of the entire flexible space market, making it almost twice the size of closest rival Regus.
  • With $22 billion in long-term liabilities as of June 30, including $17.9 billion tied to long-term leases, WeWork is desperate for a major cash infusion.

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