Almost a year after WeWork announced the $850 million acquisition of the Lord & Taylor building in Midtown Manhattan, the co-working company still hasn’t closed on the deal and is on the hunt for an equity partner, according to sources familiar with the situation. WeWork Property Advisors, the real estate investment vehicle managed by WeWork and private equity firm Rhone Group, was scheduled to close on the acquisition of 424 Fifth Avenue in August. Instead, […]
source https://therealdeal.com/2018/09/06/weworks-hunt-for-investors-at-850m-lord-taylor-building-continues/
No comments:
Post a Comment