4Q18 Commercial Real Estate Insights Report

It’s official: WeWork is New York’s largest office tenant. The coworking giant’s Manhattan portfolio now includes 50 locations totaling 5.3 million square feet — in addition to its ever-growing footprint worldwide of over 300 sites in 23 countries.

But have you asked a commercial real estate lender how they would underwrite a WeWork-occupied property today? I did, and the answers are unsettling. 

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