Risk
WeWork’s Impact Will Be a ‘Bloodbath’ for Office Space
The market already was in poor shape before the Chapter 11 filing, strategists say. Now this.
The market already was in poor shape before the Chapter 11 filing, strategists say. Now this.
But it’s still 9% behind its pre-pandemic level. Will this all translate into a rebirth for the office market?
The venture is looking to invest as much as $300 million in major US markets, and has obtained a line of credit from Goldman Sachs.