Reports of investors' concerns regarding CEO Adam Neumann's owning properties leased to WeWork has not slowed down the flexible office space provider's expansion.

The company is expected to bring 550 positions, an increase of 20% of its present area workforce, to its new headquarters offices in early 2021.

“This latest acquisition brings our national ownership interest portfolio to 60 properties totaling 7 million square feet.”

The GSE closed $78 billion in total product last year and securitized a record $72.8 billion.