Photo by Shutterstock.
WeWork's woes dominated the financial news last year. Now, itsissues may bring more scrutiny on startups in real estate,according to Cody Vichinsky, co-founder of Bespoke Real Estate.
"You see this golden child, like WeWork, that on paper lookslike it's a game-changing business model," Vichinsky says. "Then itfails, and the investment that went into it was just unbelievable.How, after all that investment—they have billions of dollars toplay with—are they collapsing?
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
