2 ms·
How many buildings do they actually own outright given that most of their offices are long term leases? The buildings that they do own are surely heavily mortg
by hkmurakami 7y ago
How many buildings do they actually own outright given that most of their offices are long term leases?
The buildings that they do own are surely heavily mortgaged, which means that the lender will attempt to foreclose on it if payments are not made. WeWork itself could try to preemptively unload it. There's standard processes for properties with trust deeds attached to them.