Other Peoples’ Money Gives WeWork More Life

Posted on 01/08/2019


Shared office space dressed up in mustached men, vegan meals, and beer, might have met reality as bond investors grow cautious about WeWork Cos.’s financials. What does WeWork really do? The real estate company takes out massive leases in expensive cities, revamps them with designs and comforts, and then sells (subleases) desks and spaces to […]