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RentBerry Weighs Making Bid for WeWork

San Francisco-based Rentberry, a provider of technology-driven property rental and management, unveiled plans to explore the acquisition of WeWork, which recently filed for Chapter 11 bankruptcy. Backed by key venture capital funds including Berkeley Hills Capital, the proposal represents a vision to synergize WeWork’s coworking spaces with Rentberry’s Flexible Living concept.

“By aligning WeWork’s expansive coworking ecosystem with our Flexible Living concept, we aim to create a global network of spaces that support a dynamic, mobile lifestyle, catering to the needs of today’s professionals,” the company said in a statement.

RentBerry said it’s collaborating with WeWork’s advisors, PJT Partners, to submit the acquisition offer during the week of Feb. 19. The company said it looks forward to sharing more details as the acquisition process progresses.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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