/

|

News broke yesterday that WeWork, which is still in the midst of its bankruptcy proceedings, had received another offer from its founder, Adam Neumann, to buy the company. Neumann has already made several public bids for his new company, Flow, to buy WeWork, but this time around, the offer came with an open-ended provision. Flow and its backers have said that they are prepared to beat any other acquisition offer that WeWork receives by ten percent. As juicy as that news is, the report had another important tidbit: Yardi is an investor. Yardi partnered with WeWork back in 2022 and was seen as a possible investor when the company started to hit a liquidity crunch at the beginning of 2023. However, as far as I could find, there is no public information about Yardi actually investing in WeWork.